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Shenzhen Fuanna Bedding and Furnishing Co (002327) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 5.8B CNY

SF Shenzhen Fuanna Bedding and Furnishing Co 002327 · SHE
Price¥6.51
Fair Value¥8.19
Upside+25.8%
Quality68/100
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Weak Growth
Solidly profitable · 13.0% net margin
Low debt · generates free cash flow
Ranks above peers (10/14)
Moderate moat 51/100
Evidence: High Range ¥5.91 – ¥10.17 Share as image

Fair value as of: Jul 22, 2026

From 25 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from ¥8.36 to ¥8.19 (−2.0%) since Jun 25, 2026. Share price +3.0% over the past month.

A solid business, screening 26% undervalued on our models.

What matters now

  • Solid quality (68/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from ¥5.91 (bear) to ¥10.17 (bull), base ¥8.19. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 68/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥10.17 ¥5.26 Fair Value ¥8.19 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 ¥5.26 – ¥10.17 · fair‑value band ¥5.91 – ¥10.17 · the ¥6.51 price screens below the ¥8.19 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

Shenzhen Fuanna Bedding and Furnishing Co (002327) currently trades at ¥6.51, while our model-based Fair Value estimate is ¥8.19, implying the stock looks roughly 25.8% undervalued today. The Quality Score stands at 68/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Shenzhen Fuanna Bedding and Furnishing Co generated revenue of 2.7B CNY at a net margin of 13.0%. Revenue grew 14.3% year over year. It earns a return on equity of 8.9%. The balance sheet holds a net cash position of 252M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥5.91 (bear case) to ¥10.17 (bull case); at ¥6.51, the current price sits within 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 18% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -27% fair-value upside, at 26%, 002327 screens cheaper 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 ¥5.62 ¥7.53 ¥10.03 80
Residual Income ¥3.78 ¥4.11 ¥4.97 76
Rev-Margin DCF ¥3.91 ¥5.34 ¥6.89 74
All 25 models by family
DCF Models
FCF DCF ¥5.50 ¥7.56 ¥10.39 38
Owner Earnings ¥4.93 ¥6.76 ¥9.27 31
5Y Revenue Exit ¥3.91 ¥5.26 ¥6.88 39
5Y EBITDA Exit ¥5.62 ¥8.29 ¥11.27 41
5Y P/E Exit ¥6.02 ¥9.01 ¥11.98 38
10Y Revenue Exit ¥4.41 ¥5.71 ¥7.25 36
10Y EBITDA Exit ¥5.52 ¥7.71 ¥10.38 37
10Y P/E Exit ¥5.77 ¥8.19 ¥10.89 35
Earnings-Based
Graham-Dodd ¥2.74 ¥6.45 ¥8.30 54
PEG = 1.0 ¥1.11 ¥1.58 ¥2.06 46
EPV ¥3.35 ¥3.80 ¥4.18 59
Dividend Discount
Gordon GGM ¥5.67 ¥9.47 ¥13.83 70
DDM Multi-Stage ¥5.67 ¥8.26 ¥11.00 61
Multiples
P/E Multiple ¥6.66 ¥8.88 ¥11.10 63
P/S Multiple ¥2.79 ¥3.72 ¥4.65 58
P/B Multiple ¥5.14 ¥6.86 ¥8.57 55
EV/EBIT ¥6.56 ¥8.57 ¥10.58 53
EV/EBITDA ¥6.44 ¥8.41 ¥10.38 54
EV/Revenue ¥3.12 ¥4.24 ¥5.35 43
Asset-Based
NCAV (Graham) ¥2.21 ¥2.97 ¥4.43 50
Growth DCF
Growth DCF ¥5.62 ¥7.53 ¥10.03 80
Rev-Margin DCF ¥3.91 ¥5.34 ¥6.89 74
Economic Profit
Residual Income ¥3.78 ¥4.11 ¥4.97 76
ROIC Compounder ¥3.35 ¥3.80 ¥4.18 72
Growth Earnings
Growth-Adj P/E ¥5.02 ¥7.18 ¥9.33 68

Widest divergence: Dividend Discount (¥8.26) versus Asset-Based (¥2.97). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.7B CNY
Revenue growth (YoY) +14.3%
Net margin 13.0%
Return on equity 8.9%
Free cash flow 409M CNY FY2025
P/E ratio 16.9
More key figures
Operating margin 13.1%
EPS (TTM) ¥0.4100
EPS growth (YoY) +14.3%
Net cash 252M CNY FY2024

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

Quality Score breakdown

Overall quality 68/100

Of which business quality 68 · Market factors (momentum, volatility) 44

Profitability 48
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 84
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

Shenzhen Fuanna Bedding and Furnishing Co.,Ltd engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally. The company offers bedding sets, pillows, quilt, and cowhide mat products.

Full company description

Shenzhen Fuanna Bedding and Furnishing Co.,Ltd engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally. The company offers bedding sets, pillows, quilt, and cowhide mat products. It also offers furniture and material products, home theme designs, and 3D panels; and business support services. The company offers its products under the Fuanna, VERSAI, Xin Er Le, and Ku Qi Zhi brands. It operates through directly operated stores, franchisees, and e-commerce platforms. Shenzhen Fuanna Bedding and Furnishing Co.,Ltd was founded in 1994 and is headquartered in Shenzhen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shenzhen Fuanna Bedding and Furnishing Co reported revenue of ¥2.6B in FY2025 versus ¥3.2B in FY2021, a compound −5.0%/yr. Reported net income was ¥336M in FY2025, compounding −11.4%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.6B CNY
Latest YoY
−14.2%
Avg. growth/yr (3Y)
−5.7%
Avg. growth/yr (5Y)
−2.1%
Avg. growth/yr (19Y)
+10.0%
Revenue −5.0%/yr
FY21 ¥3.2B
FY22 ¥3.1B
FY23 ¥3.0B
FY24 ¥3.0B
FY25 ¥2.6B
Net income −11.4%/yr
FY21 ¥546M
FY22 ¥535M
FY23 ¥572M
FY24 ¥542M
FY25 ¥336M

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Cite: Fair Value Calculator (2026). "Shenzhen Fuanna Bedding and Furnishing Co Fair Value". https://www.fairvalue-calculator.com/stock/002327

Peer Group

Textile Manufacturing · 309 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 68 · Top 25%
Fair Value upside +26% · Above median
Return on equity (TTM) 9% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 13% · Top 25%
Revenue growth 14% · Top 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 16.9× · Cheaper than median
P/B 1.57× · Pricier than median
P/S (TTM) 2.17× · Pricier than 75% of peers
P/FCF 2.1× · Pricier than 75% of peers
EV/EBITDA 12.7× · Pricier than median
PEG 0.34× · Cheaper 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 68 · sector 11
FUTURE 72 · sector 0
PAST 36 · sector 14
HEALTH 100 · sector 95
DIVIDEND 0 · sector 34

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

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$44.40 HK$75.65 +70%
Tongkun Group 601233 ¥23.56 ¥14.53 -38%
Inner Mongolia ERDOS Resources Co 600295 ¥12.04 ¥14.35 +19%
HMT (Xiamen) New Technical Materials Co 603306 ¥91.75 ¥12.85 -86%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,083 ₹467.49 -57%
Zhejiang Orient Holdings 600120 ¥5.18 ¥2.21 -57%
Vardhman Textiles Limited VTL ₹602.20 ₹437.53 -27%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 323.84 TRY +86%
Shandong Fiberglass Group 605006 ¥16.75 ¥6.42 -62%

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Frequently asked questions

Is Shenzhen Fuanna Bedding and Furnishing Co (002327) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥8.19 versus a price of ¥6.51, about +26% (undervalued).
What is the fair value of 002327?
Our model-based fair value for Shenzhen Fuanna Bedding and Furnishing Co is ¥8.19 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥6.51.
What is the quality score of 002327?
Shenzhen Fuanna Bedding and Furnishing Co has a Quality Score of 68/100. 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 Shenzhen Fuanna Bedding and Furnishing Co (002327)?
Shenzhen Fuanna Bedding and Furnishing Co reported trailing-twelve-month revenue of about 2.7B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002327?
The net profit margin of Shenzhen Fuanna Bedding and Furnishing Co is about 13.0%, meaning it keeps roughly 13.0% 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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