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Fujian Zhangzhou Development Co (000753) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 5.0B CNY

FZ Fujian Zhangzhou Development Co 000753 · SHE
Price¥4.76
Fair Value¥1.11
Upside-76.7%
Quality38/100
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Expensive Growth
Thin margins · 2.5% net margin
Moderate debt · negative free cash flow
0.40% dividend yield
Trails peers (2/13)
Narrow moat 24/100
Evidence: Medium Range ¥0.8400 – ¥1.39 Share as image

Fair value as of: Jul 21, 2026

From 12 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from ¥1.44 to ¥1.11 (−22.9%) since Jun 25, 2026. Share price +8.9% over the past month.

Below-average quality, and screening another 77% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥1.39). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

¥10.62 ¥2.34 Fair Value ¥1.11 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range ¥2.34 – ¥10.62 · fair‑value band ¥0.8400 – ¥1.39 · the ¥4.76 price screens above the ¥1.11 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Fujian Zhangzhou Development Co (000753) currently trades at ¥4.76, while our model-based Fair Value estimate is ¥1.11, implying the stock looks roughly 76.7% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Consumer Cyclical 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: medium).

Over the trailing twelve months, Fujian Zhangzhou Development Co generated revenue of 2.7B CNY at a net margin of 2.5%. Revenue declined 11.4% year over year. It earns a return on equity of 1.9%. Net debt stands at 3.0B CNY. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥0.8400 (bear case) to ¥1.39 (bull case); at ¥4.76, 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 58% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -14% fair-value upside, at -77%, 000753 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
Residual Income ¥2.72 ¥2.54 ¥1.91 76
Growth-Adj P/E ¥0.8200 ¥1.17 ¥1.52 68
P/E Multiple ¥1.08 ¥1.44 ¥1.80 63
All 12 models by family
Earnings-Based
Graham-Dodd ¥0.4500 ¥1.83 ¥2.50 54
Lynch FV ¥0.4600 ¥0.6600 ¥0.8600 50
PEG = 1.0 ¥0.4600 ¥0.6600 ¥0.8600 46
Multiples
P/E Multiple ¥1.08 ¥1.44 ¥1.80 63
P/S Multiple ¥0.8400 ¥1.11 ¥1.39 58
P/B Multiple ¥0.8400 ¥1.11 ¥1.39 55
EV/EBIT ¥0.3700 ¥1.03 ¥1.69 53
EV/EBITDA ¥1.23 ¥2.17 ¥3.12 54
EV/Revenue ¥0.3000 ¥0.8700 43
Asset-Based
NCAV (Graham) ¥1.99 ¥2.66 ¥3.97 50
Economic Profit
Residual Income ¥2.72 ¥2.54 ¥1.91 76
Growth Earnings
Growth-Adj P/E ¥0.8200 ¥1.17 ¥1.52 68

Widest divergence: Asset-Based (¥2.66) versus Earnings-Based (¥0.6600). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.7B CNY
Revenue growth (YoY) -11.4%
Net margin 2.5%
Return on equity 1.9%
Free cash flow −77.3M CNY FY2025
P/E ratio 101.4
More key figures
Operating margin 1.9%
EPS (TTM) ¥0.0500
Dividend yield 0.4%
EPS growth (YoY) +54.7%
Net debt 3.0B CNY FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 39 · Market factors (momentum, volatility) 25

Profitability 15
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 24
Balance sheet, leverage, solvency risk
Investment 26
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 92
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

Fujian Zhangzhou Development Co.,Ltd. primarily engages in water resources development and utilization, new energy, and fuel vehicle sales businesses in China. It is involved in the water affairs, sewage treatment, and real estate businesses, as well as tap water production, electricity, and other engineering construction activities.

Full company description

Fujian Zhangzhou Development Co.,Ltd. primarily engages in water resources development and utilization, new energy, and fuel vehicle sales businesses in China. It is involved in the water affairs, sewage treatment, and real estate businesses, as well as tap water production, electricity, and other engineering construction activities. The company was formerly known as Fujian Shining Group Co., Ltd. Fujian Zhangzhou Development Co.,Ltd. was founded in 1994 and is based in Zhangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Fujian Zhangzhou Development Co reported revenue of ¥2.8B in FY2025 versus ¥3.1B in FY2021, a compound −2.6%/yr. Reported net income was ¥65.0M in FY2025, compounding −16.8%/yr from FY2021.

Growth Quality 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.8B CNY
Avg. growth/yr (3Y)
+2.6%
Avg. growth/yr (5Y)
+3.0%
Avg. growth/yr (30Y)
+14.2%
Revenue −2.6%/yr
FY21 ¥3.1B
FY22 ¥2.9B
FY23 ¥3.6B
FY24 ¥3.3B
FY25 ¥2.8B
Net income −16.8%/yr
FY21 ¥136M
FY22 ¥76.5M
FY23 ¥78.4M
FY24 ¥53.4M
FY25 ¥65.0M

000753 screens 77% overvalued. Compare with Carvana Co →

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Cite: Fair Value Calculator (2026). "Fujian Zhangzhou Development Co Fair Value". https://www.fairvalue-calculator.com/stock/000753

Peer Group

Auto & Truck Dealerships · 102 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 38 · Bottom 25%
Fair Value upside −77% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets -0% · Bottom 25%
Net margin (TTM) 3% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth -11% · Bottom 25%
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.68× · Higher than median

Valuation Multiples vs Auto & Truck Dealerships median · lower = cheaper

P/E (TTM) 101.4× · Pricier than 75% of peers
P/B 1.28× · Cheaper than median
P/S (TTM) 1.87× · Pricier than 75% of peers
EV/EBITDA 63.4× · Pricier than 75% of peers

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 0 · sector 21
FUTURE 0 · sector 9
PAST 8 · sector 20
HEALTH 66 · sector 89
DIVIDEND 8 · sector 49

VALUE 0: the price sits above our fair-value range.

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 Auto & Truck Dealerships stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Carvana Co CVNA $70.38 $24.58 -65%
Penske Automotive Group PAG $202.66 $241.86 +19%
Hotai Motor Co 2207 476.50 TWD 576.75 TWD +21%
CarMax, Inc KMX $58.47 $29.62 -49%
Lithia Motors, Inc LAD $339.16 $610.95 +80%
AutoNation, Inc AN $205.72 $329.77 +60%
Rush Enterprises, Inc RUSHA $76.89 $66.27 -14%
Valvoline Inc VVV $38.64 $24.57 -36%
OPENLANE, Inc OPLN $39.46 $33.81 -14%
Eagers Automotive Limited APE A$20.83 A$17.66 -15%

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Frequently asked questions

Is Fujian Zhangzhou Development Co (000753) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of ¥1.11 versus a price of ¥4.76, about −77% (overvalued).
What is the fair value of 000753?
Our model-based fair value for Fujian Zhangzhou Development Co is ¥1.11 (as of Jul 21, 2026), built from audited fundamentals. The current price is ¥4.76.
What is the quality score of 000753?
Fujian Zhangzhou Development Co has a Quality Score of 38/100. 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 Fujian Zhangzhou Development Co (000753)?
Fujian Zhangzhou Development Co reported trailing-twelve-month revenue of about 2.7B CNY (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 000753?
The net profit margin of Fujian Zhangzhou Development Co is about 2.5%, meaning it keeps roughly 2.5% of revenue as net income. Based on the latest reported figures.
Does Fujian Zhangzhou Development Co pay a dividend?
Fujian Zhangzhou Development Co currently shows a dividend yield of about 0.40% relative to its recent price (as of Jul 21, 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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