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Guangdong Chj Industry Co (002345) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 9.1B CNY

GC Guangdong Chj Industry Co 002345 · SHE
Price¥10.59
Fair Value¥10.22
Upside-3.5%
Quality62/100
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Expensive Growth
Thin margins · 6.0% net margin
Low debt · negative free cash flow
4.50% dividend yield
Ranks above peers (10/14)
Moderate moat 47/100
Evidence: High Range ¥6.39 – ¥15.38 Share as image

Fair value as of: Jul 22, 2026

From 17 valuation models · updated 19 days ago

Share price +1.5% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (¥6.39 to ¥15.38) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥16.41 ¥2.84 Fair Value ¥10.22 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 ¥2.84 – ¥16.41 · fair‑value band ¥6.39 – ¥15.38 · the ¥10.59 price screens above the ¥10.22 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

Guangdong Chj Industry Co (002345) currently trades at ¥10.59, while our model-based Fair Value estimate is ¥10.22, implying the stock looks roughly 3.5% fairly valued today. The Quality Score stands at 62/100 (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, Guangdong Chj Industry Co generated revenue of 9.6B CNY at a net margin of 6.0%. Revenue grew 10.9% year over year. It earns a return on equity of 13.8%. Net debt stands at 523M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥6.39 (bear case) to ¥15.38 (bull case); at ¥10.59, 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 37% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -41% fair-value upside, at -3%, 002345 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
Residual Income ¥4.00 ¥4.75 ¥8.76 76
ROIC Compounder ¥9.25 ¥12.69 ¥17.34 72
Gordon GGM ¥3.07 ¥6.12 ¥9.27 70
All 17 models by family
DCF Models
Owner Earnings ¥8.83 ¥17.11 ¥32.51 31
Earnings-Based
Graham-Dodd ¥3.80 ¥22.51 ¥31.36 54
Lynch FV ¥6.39 ¥9.13 ¥11.87 50
PEG = 1.0 ¥6.39 ¥9.13 ¥11.87 46
EPV ¥7.86 ¥9.01 ¥10.01 59
Dividend Discount
Gordon GGM ¥3.07 ¥6.12 ¥9.27 70
DDM Multi-Stage ¥3.07 ¥5.29 ¥6.47 61
Multiples
P/E Multiple ¥9.23 ¥12.31 ¥15.38 63
P/S Multiple ¥7.13 ¥9.51 ¥11.89 58
P/B Multiple ¥7.13 ¥9.51 ¥11.89 55
EV/EBIT ¥13.93 ¥18.39 ¥22.85 53
EV/EBITDA ¥10.75 ¥14.15 ¥17.55 54
EV/Revenue ¥9.27 ¥13.01 ¥16.74 43
Asset-Based
NCAV (Graham) ¥2.12 ¥2.84 ¥4.24 50
Economic Profit
Residual Income ¥4.00 ¥4.75 ¥8.76 76
ROIC Compounder ¥9.25 ¥12.69 ¥17.34 72
Growth Earnings
Growth-Adj P/E ¥9.56 ¥13.66 ¥17.75 68

Widest divergence: DCF Models (¥17.11) versus Asset-Based (¥2.84). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 9.6B CNY
Revenue growth (YoY) +10.9%
Net margin 6.0%
Return on equity 13.8%
Free cash flow −144M CNY FY2025
P/E ratio 15.7
More key figures
Operating margin 14.7%
EPS (TTM) ¥0.6500
Dividend yield 4.5%
EPS growth (YoY) +42.9%
Net debt 523M CNY FY2025

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

Quality Score breakdown

Overall quality 62/100

Of which business quality 59 · Market factors (momentum, volatility) 33

Profitability 54
Margins and returns on capital today
Quality Growth 75
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 77
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

Guangdong Chj Industry Co.,Ltd. produces and sells fashion consumer goods. The company operates in two segments, Jewelry and Leather Goods. It offers inlaid, platinum, gold, and other jewelry, as well as women's cosmetics, handbags, wallets, and other leather goods. The company was incorporated in 1996 and is headquartered in Shantou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangdong Chj Industry Co reported revenue of ¥9.2B in FY2025 versus ¥4.6B in FY2021, a compound +18.7%/yr. Reported net income was ¥497M in FY2025, compounding +9.1%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
9.2B CNY
Latest YoY
+41.4%
Avg. growth/yr (3Y)
+27.8%
Avg. growth/yr (5Y)
+23.4%
Avg. growth/yr (19Y)
+21.2%
Revenue +18.7%/yr
FY21 ¥4.6B
FY22 ¥4.4B
FY23 ¥5.9B
FY24 ¥6.5B
FY25 ¥9.2B
Net income +9.1%/yr
FY21 ¥351M
FY22 ¥199M
FY23 ¥333M
FY24 ¥194M
FY25 ¥497M

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Cite: Fair Value Calculator (2026). "Guangdong Chj Industry Co Fair Value". https://www.fairvalue-calculator.com/stock/002345

Peer Group

Luxury Goods · 132 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 62 · Above median
Fair Value upside −4% · Above median
Return on equity (TTM) 14% · Above median
Return on assets 9% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 15% · Above median
Revenue growth 11% · Above median
Dividend yield (TTM) 4.5% · Top 25%
Debt / equity 0.02× · Higher than median

Valuation Multiples vs Luxury Goods median · lower = cheaper

P/E (TTM) 15.7× · Cheaper than median
P/B 2.41× · Pricier than median
P/S (TTM) 0.95× · Pricier than median
EV/EBITDA 8.0× · Cheaper than median
PEG 1.13× · Pricier 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 29 · sector 13
FUTURE 55 · sector 50
PAST 55 · sector 38
HEALTH 99 · sector 99
DIVIDEND 90 · 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 Luxury Goods stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Compagnie Financière Richemont SA CFR CHF 197.40 CHF 117.30 -41%
Christian Dior SE DIO €455.40 €502.30 +10%
Kering SA KER €248.50 €60.61 -76%
Tapestry, Inc TPR $140.73 $19.95 -86%
Chow Tai Fook Jewellery Group 1929 HK$11.82 HK$12.28 +4%
The Swatch Group UHRN CHF 40.95 CHF 21.48 -48%
Prada S.p.A 1913 HK$43.26 HK$64.05 +48%
Pandora A/S PNDORA kr 779.40 kr 1,424 +83%
Brunello Cucinelli S.p.A BC €80.32 €42.69 -47%
Kalyan Jewellers India Limited KALYANKJIL ₹546.60 ₹238.57 -56%

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Frequently asked questions

Is Guangdong Chj Industry Co (002345) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥10.22 versus a price of ¥10.59, about −3% (fairly valued).
What is the fair value of 002345?
Our model-based fair value for Guangdong Chj Industry Co is ¥10.22 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥10.59.
What is the quality score of 002345?
Guangdong Chj Industry Co has a Quality Score of 62/100. 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 Guangdong Chj Industry Co (002345)?
Guangdong Chj Industry Co reported trailing-twelve-month revenue of about 9.6B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002345?
The net profit margin of Guangdong Chj Industry Co is about 6.0%, meaning it keeps roughly 6.0% of revenue as net income. Based on the latest reported figures.
Does Guangdong Chj Industry Co pay a dividend?
Guangdong Chj Industry Co currently shows a dividend yield of about 4.50% relative to its recent price (as of Jul 22, 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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