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Suning Universal Co (000718) Fair Value & Analysis

Real Estate · CN · Market cap 5.9B CNY

SU Suning Universal Co 000718 · SHE
Price¥1.86
Fair Value¥1.56
Upside-16.1%
Quality54/100
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Mixed Growth
Loss-making · -1.8% net margin
Low debt · generates free cash flow
1.51% dividend yield
Mixed vs. peers (6/14)
Narrow moat 22/100
Evidence: High Range ¥1.02 – ¥1.56 Share as image

Fair value as of: Jul 25, 2026

From 14 valuation models · updated 16 days ago

Share price +7.5% over the past month.

A solid business, but screening 16% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥1.56). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

¥9.72 ¥1.49 Fair Value ¥1.56 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 25, 2026.

How to read this chart

60‑month range ¥1.49 – ¥9.72 · fair‑value band ¥1.02 – ¥1.56 · the ¥1.86 price screens above the ¥1.56 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 25, 2026.

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Analysis

Suning Universal Co (000718) currently trades at ¥1.86, while our model-based Fair Value estimate is ¥1.56, implying the stock looks roughly 16.1% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Suning Universal Co generated revenue of 1.3B CNY at a net margin of -1.8%. Revenue declined 15.4% year over year. It earns a return on equity of -0.3%. Net debt stands at 390M CNY. Fundamentals as of Jul 25, 2026

Our scenario range runs from ¥1.02 (bear case) to ¥1.56 (bull case); at ¥1.86, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 50% below its 52-week high, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at -16%, 000718 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥0.9900 ¥1.90 ¥3.35 80
Residual Income ¥1.98 ¥1.79 ¥1.20 76
Rev-Margin DCF ¥0.7500 ¥1.30 ¥2.45 74
All 14 models by family
DCF Models
FCF DCF ¥1.06 ¥1.63 ¥3.43 38
5Y Revenue Exit ¥0.6800 ¥1.13 ¥2.07 39
5Y EBITDA Exit ¥1.30 ¥2.37 ¥4.48 41
10Y Revenue Exit ¥0.7900 ¥1.60 ¥2.08 36
10Y EBITDA Exit ¥1.24 ¥2.89 ¥5.80 37
Multiples
P/S Multiple ¥0.0800 ¥0.1000 ¥0.1300 58
P/B Multiple ¥0.0800 ¥0.1000 ¥0.1300 55
EV/EBIT ¥0.8800 ¥1.18 ¥1.48 53
EV/EBITDA ¥1.35 ¥1.80 ¥2.25 54
EV/Revenue ¥0.4800 ¥0.6900 ¥0.9000 43
Asset-Based
NCAV (Graham) ¥1.51 ¥2.02 ¥3.01 50
Growth DCF
Growth DCF ¥0.9900 ¥1.90 ¥3.35 80
Rev-Margin DCF ¥0.7500 ¥1.30 ¥2.45 74
Economic Profit
Residual Income ¥1.98 ¥1.79 ¥1.20 76

Widest divergence: Asset-Based (¥2.02) versus Multiples (¥0.6900). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.3B CNY
Revenue growth (YoY) -15.4%
Net margin -1.8%
Return on equity -0.3%
Free cash flow 203M CNY FY2025
Operating margin 9.8%
More key figures
EPS (TTM) ¥-0.0100
Dividend yield 1.5%
EPS growth (YoY) -89.7%
Net debt 390M CNY FY2025

Figures from reported company fundamentals · as of Jul 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 54 · Market factors (momentum, volatility) 25

Profitability 12
Margins and returns on capital today
Quality Growth 14
Are margins and returns improving?
Cashflow 80
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Suning Universal Co.,Ltd operates as a real estate development company in China. The company also engages in the project investment business; commercial retail; culture business; hotel dining; yacht rental. It also offers financial services; health investment; and pledging and financial leasing.

Full company description

Suning Universal Co.,Ltd operates as a real estate development company in China. The company also engages in the project investment business; commercial retail; culture business; hotel dining; yacht rental. It also offers financial services; health investment; and pledging and financial leasing. In addition, the company engages in commercial operations; film and television; cultural creativity; education investment; cartoon business; and medical beauty. Suning Universal Co.,Ltd was founded in 1987 and is headquartered in Nanjing, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Suning Universal Co reported revenue of ¥1.4B in FY2025 versus ¥3.0B in FY2021, a compound −17.5%/yr. Reported net income was ¥18.6M in FY2025, compounding −58.3%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.4B CNY
Avg. growth/yr (3Y)
−10.8%
Avg. growth/yr (5Y)
−11.6%
Avg. growth/yr (30Y)
+4.8%
Revenue −17.5%/yr
FY21 ¥3.0B
FY22 ¥2.2B
FY23 ¥2.1B
FY24 ¥2.1B
FY25 ¥1.4B
Net income −58.3%/yr
FY21 ¥618M
FY22 ¥358M
FY23 ¥182M
FY24 ¥165M
FY25 ¥18.6M

000718 screens 16% overvalued. Compare with DLF Limited →

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Cite: Fair Value Calculator (2026). "Suning Universal Co Fair Value". https://www.fairvalue-calculator.com/stock/000718

Peer Group

Real Estate - Development · 588 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 54 · Above median
Fair Value upside −16% · Below median
Return on assets 0% · Below median
Net margin (TTM) -2% · Below median
Operating margin (TTM) 10% · Below median
Revenue growth -15% · Below median
Dividend yield (TTM) 1.5% · Below median
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/B 0.10× · Cheaper than 75% of peers
P/S (TTM) 0.66× · Cheaper than median
P/FCF 4.3× · Pricier than 75% of peers
EV/EBITDA 4.4× · Cheaper than 75% of peers
PEG 0.47× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 12 · sector 48
FUTURE 0 · sector 0
PAST 0 · sector 10
HEALTH 97 · sector 84
DIVIDEND 30 · sector 38

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 25, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is Suning Universal Co (000718) overvalued or undervalued?
As of Jul 25, 2026, our model estimates a fair value of ¥1.56 versus a price of ¥1.86, about −16% (overvalued).
What is the fair value of 000718?
Our model-based fair value for Suning Universal Co is ¥1.56 (as of Jul 25, 2026), built from audited fundamentals. The current price is ¥1.86.
What is the quality score of 000718?
Suning Universal Co has a Quality Score of 54/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Suning Universal Co (000718)?
Suning Universal Co reported trailing-twelve-month revenue of about 1.3B CNY (latest available figure, as of Jul 25, 2026).
What is the net profit margin of 000718?
The net profit margin of Suning Universal Co is about -1.8%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Suning Universal Co pay a dividend?
Suning Universal Co currently shows a dividend yield of about 1.51% relative to its recent price (as of Jul 25, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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