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Jianshe Industry Group (002265) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 20.3B CNY

JI Jianshe Industry Group 002265 · SHE
Price¥18.98
Fair Value¥4.96
Upside-73.9%
Quality51/100
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Mixed Growth
Thin margins · 4.8% net margin
Low debt · generates free cash flow
Trails peers (4/14)
Narrow moat 39/100
Evidence: High Range ¥3.72 – ¥6.19 Share as image

Fair value as of: Jul 22, 2026

From 26 valuation models · updated 19 days ago

Share price +9.1% over the past month.

A solid business, but screening 74% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥6.19). The favourable scenario is already priced in.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥44.89 ¥5.81 Fair Value ¥4.96 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range ¥5.81 – ¥44.89 · fair‑value band ¥3.72 – ¥6.19 · the ¥18.98 price screens above the ¥4.96 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Jianshe Industry Group (002265) currently trades at ¥18.98, while our model-based Fair Value estimate is ¥4.96, implying the stock looks roughly 73.9% overvalued today. The Quality Score stands at 51/100 (solid 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: high).

Over the trailing twelve months, Jianshe Industry Group generated revenue of 4.9B CNY at a net margin of 4.8%. Revenue grew 51.0% year over year. It earns a return on equity of 6.1%. The balance sheet holds a net cash position of 2.1B CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥3.72 (bear case) to ¥6.19 (bull case); at ¥18.98, 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, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -74%, 002265 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 ¥3.55 ¥4.92 ¥7.70 80
Residual Income ¥2.93 ¥3.01 ¥3.04 76
Rev-Margin DCF ¥3.86 ¥5.98 ¥9.59 74
All 26 models by family
DCF Models
FCF DCF ¥3.65 ¥4.62 ¥7.72 38
Owner Earnings ¥7.55 ¥14.69 ¥29.69 31
5Y Revenue Exit ¥3.86 ¥5.47 ¥8.81 39
5Y EBITDA Exit ¥5.26 ¥8.35 ¥14.34 41
5Y P/E Exit ¥5.18 ¥9.57 ¥15.57 38
10Y Revenue Exit ¥3.74 ¥6.19 ¥8.11 36
10Y EBITDA Exit ¥4.84 ¥9.13 ¥17.33 37
10Y P/E Exit ¥4.77 ¥8.95 ¥16.41 35
Earnings-Based
Graham-Dodd ¥1.53 ¥10.68 ¥14.99 54
Lynch FV ¥3.78 ¥5.40 ¥7.02 50
PEG = 1.0 ¥3.78 ¥5.40 ¥7.02 46
EPV ¥3.43 ¥3.68 ¥3.89 59
Dividend Discount
Gordon GGM ¥0.0800 ¥0.1700 ¥0.2800 70
DDM Multi-Stage ¥0.0800 ¥0.1500 ¥0.1800 61
Multiples
P/E Multiple ¥3.72 ¥4.96 ¥6.19 63
P/S Multiple ¥2.87 ¥3.83 ¥4.79 58
P/B Multiple ¥2.87 ¥3.83 ¥4.79 55
EV/EBIT ¥4.65 ¥5.55 ¥6.44 53
EV/EBITDA ¥5.78 ¥7.06 ¥8.34 54
EV/Revenue ¥3.77 ¥4.55 ¥5.33 43
Asset-Based
NCAV (Graham) ¥1.87 ¥2.51 ¥3.74 50
Growth DCF
Growth DCF ¥3.55 ¥4.92 ¥7.70 80
Rev-Margin DCF ¥3.86 ¥5.98 ¥9.59 74
Economic Profit
Residual Income ¥2.93 ¥3.01 ¥3.04 76
ROIC Compounder ¥3.43 ¥3.68 ¥4.14 72
Growth Earnings
Growth-Adj P/E ¥5.00 ¥7.15 ¥9.29 68

Widest divergence: DCF Models (¥8.35) versus Dividend Discount (¥0.1500). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 4.9B CNY
Revenue growth (YoY) +51.0%
Net margin 4.8%
Return on equity 6.1%
Free cash flow 104M CNY FY2025
P/E ratio 85.3
More key figures
Operating margin 2.5%
EPS (TTM) ¥0.2300
Net cash 2.1B CNY FY2024

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 52 · Market factors (momentum, volatility) 20

Profitability 29
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 26
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 57
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 71
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

Jianshe Industry Group (Yunnan) Co., Ltd., together with its subsidiaries, engages in the research, development, production, sale, and service of military and civilian products in China and internationally. The company offers military products, including full-caliber firearms and light weapons.

Full company description

Jianshe Industry Group (Yunnan) Co., Ltd., together with its subsidiaries, engages in the research, development, production, sale, and service of military and civilian products in China and internationally. The company offers military products, including full-caliber firearms and light weapons. It also provides civilian products, such as automotive powertrain, transmission, steering, and safety systems; new energy vehicle parts comprising mechanical steering gears, pedals, connecting rods, commercial vehicle steel pistons, and reducer gear blanks, as well as steering, intermediate, drive half, and motor shafts; precision forging products; other automotive parts; and civilian firearms. In addition, the company offers anti-terrorism and riot control products; training systems; optoelectronic information fusion equipment; titanium alloys; and powder metallurgy products. It exports its products. The company was formerly known as Yunnan Xiyi Industry Co., Ltd. and changed its name to Jianshe Industry Group (Yunnan) Co., Ltd. in July 2023. Jianshe Industry Group (Yunnan) Co., Ltd. was founded in 1939 and is headquartered in Chongqing, China. Jianshe Industry Group (Yunnan) Co., Ltd. operates as a subsidiary of China South Industries Group Co.,Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jianshe Industry Group reported revenue of ¥4.5B in FY2025 versus ¥4.5B in FY2021, a compound −0.1%/yr. Reported net income was ¥233M in FY2025, compounding −5.6%/yr from FY2021.

Growth Quality 76/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
4.5B CNY
Latest YoY
+3.6%
Avg. growth/yr (3Y)
+2.0%
Avg. growth/yr (5Y)
+47.8%
Avg. growth/yr (20Y)
+16.9%
Revenue −0.1%/yr
FY21 ¥4.5B
FY22 ¥4.3B
FY23 ¥4.3B
FY24 ¥4.4B
FY25 ¥4.5B
Net income −5.6%/yr
FY21 ¥294M
FY22 ¥229M
FY23 ¥291M
FY24 ¥260M
FY25 ¥233M

002265 screens 74% overvalued. Compare with Hyundai Mobis Co →

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Cite: Fair Value Calculator (2026). "Jianshe Industry Group Fair Value". https://www.fairvalue-calculator.com/stock/002265

Peer Group

Auto Parts · 642 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 51 · Below median
Fair Value upside −74% · Bottom 25%
Return on equity (TTM) 6% · Below median
Return on assets 1% · Below median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 3% · Below median
Revenue growth 51% · Top 25%
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 85.3× · Pricier than 75% of peers
P/B 5.24× · Pricier than 75% of peers
P/S (TTM) 4.17× · Pricier than 75% of peers
P/FCF 28.8× · Pricier than 75% of peers
EV/EBITDA 46.9× · Pricier than 75% of peers
PEG 0.71× · 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 0 · sector 17
FUTURE 100 · sector 23
PAST 24 · sector 26
HEALTH 99 · sector 95
DIVIDEND 0 · sector 30

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 Parts stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
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Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

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Frequently asked questions

Is Jianshe Industry Group (002265) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥4.96 versus a price of ¥18.98, about −74% (overvalued).
What is the fair value of 002265?
Our model-based fair value for Jianshe Industry Group is ¥4.96 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥18.98.
What is the quality score of 002265?
Jianshe Industry Group has a Quality Score of 51/100. 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 Jianshe Industry Group (002265)?
Jianshe Industry Group reported trailing-twelve-month revenue of about 4.9B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002265?
The net profit margin of Jianshe Industry Group is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.

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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