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Shifeng Cultural Development Co (002862) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 2.5B CNY

SC Shifeng Cultural Development Co 002862 · SHE
Price¥13.82
Fair Value¥6.30
Upside-54.4%
Quality40/100
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Expensive Growth
Loss-making · -38.8% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 19/100
Evidence: Low Range ¥5.42 – ¥7.45 Share as image

Fair value as of: Jul 22, 2026

From 3 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from ¥6.76 to ¥6.30 (−6.8%) since Jun 25, 2026. Share price +7.0% over the past month.

Below-average quality, and screening another 54% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥7.45). The favourable scenario is already priced in.
  • Weak quality (40/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

¥29.71 ¥5.46 Fair Value ¥6.30 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 ¥5.46 – ¥29.71 · fair‑value band ¥5.42 – ¥7.45 · the ¥13.82 price screens above the ¥6.30 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

Shifeng Cultural Development Co (002862) currently trades at ¥13.82, while our model-based Fair Value estimate is ¥6.30, implying the stock looks roughly 54.4% overvalued today. The Quality Score stands at 40/100 (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: low).

Over the trailing twelve months, Shifeng Cultural Development Co generated revenue of 438M CNY at a net margin of -38.8%. Revenue grew 26.4% year over year. It earns a return on equity of -45.4%. Net debt stands at 152M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥5.42 (bear case) to ¥7.45 (bull case); at ¥13.82, 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 45% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 2% fair-value upside, at -54%, 002862 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 Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Gordon GGM ¥0.7200 ¥0.8200 ¥0.9500 70
DDM Multi-Stage ¥0.7200 ¥0.9200 ¥1.18 61
NCAV (Graham) ¥0.8500 ¥1.13 ¥1.69 50
All 3 models by family
Dividend Discount
Gordon GGM ¥0.7200 ¥0.8200 ¥0.9500 70
DDM Multi-Stage ¥0.7200 ¥0.9200 ¥1.18 61
Asset-Based
NCAV (Graham) ¥0.8500 ¥1.13 ¥1.69 50

Widest divergence: Asset-Based (¥1.13) versus Dividend Discount (¥0.8200). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 438M CNY
Revenue growth (YoY) +26.4%
Net margin -38.8%
Return on equity -45.4%
Free cash flow −115M CNY FY2025
Operating margin 9.0%
More key figures
EPS (TTM) ¥-1.02
EPS growth (YoY) +100%
Net debt 152M CNY FY2025

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

Quality Score breakdown

Overall quality 40/100

Of which business quality 40 · Market factors (momentum, volatility) 25

Profitability 16
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 2
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

Shifeng Cultural Development Co., Ltd., together with its subsidiaries, engages in the research, development, design, production, and sale of toys in China and Internationally. It offers range of toy products, such as electric remote control, infant, car model, animation game derivative, and smart and other toys. The company also develops online video games.

Full company description

Shifeng Cultural Development Co., Ltd., together with its subsidiaries, engages in the research, development, design, production, and sale of toys in China and Internationally. It offers range of toy products, such as electric remote control, infant, car model, animation game derivative, and smart and other toys. The company also develops online video games. It also exports its products. Shifeng Cultural Development Co., Ltd. was founded in 1992 and is based in Shantou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shifeng Cultural Development Co reported revenue of ¥417M in FY2025 versus ¥365M in FY2021, a compound +3.4%/yr. Reported net income was −¥175M in FY2025.

Growth Quality 30/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
417M CNY
Latest YoY
−4.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.7%
Avg. growth/yr (13Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.5%
Revenue +3.4%/yr
FY21 ¥365M
FY22 ¥329M
FY23 ¥315M
FY24 ¥437M
FY25 ¥417M
Net income
FY21 −¥973K
FY22 −¥40.5M
FY23 −¥64.1M
FY24 ¥9.5M
FY25 −¥175M

002862 screens 54% overvalued. Compare with ANTA Sports Products Limited →

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Cite: Fair Value Calculator (2026). "Shifeng Cultural Development Co Fair Value". https://www.fairvalue-calculator.com/stock/002862

Peer Group

Leisure · 190 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 40 · Bottom 25%
Fair Value upside −54% · Bottom 25%
Return on assets -6% · Bottom 25%
Net margin (TTM) -39% · Bottom 25%
Operating margin (TTM) 9% · Above median
Revenue growth 26% · Top 25%
Debt / equity 0.12× · Higher than median

Valuation Multiples vs Leisure median · lower = cheaper

P/B 1.29× · Cheaper than median
P/S (TTM) 0.83× · 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 14
FUTURE 100 · sector 18
PAST 0 · sector 19
HEALTH 94 · sector 94
DIVIDEND 0 · sector 51

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

Stock Price Fair Value vs Fair Value
ANTA Sports Products Limited 2020 HK$74.15 HK$119.29 +61%
Pop Mart International Group 9992 HK$160.20 HK$227.30 +42%
Amer Sports, Inc AS $36.44 $16.16 -56%
Hasbro, Inc HAS $81.55 $83.38 +2%
Life Time Group LTH $42.15 $16.15 -62%
Acushnet Holdings GOLF $114.78 $37.79 -67%
Li Ning Company 2331 HK$14.80 HK$29.26 +98%
Benefit Systems S.A BFT 5,255 PLN 3,714 PLN -29%
Ninebot Limited 689009 ¥37.82 ¥39.17 +4%
Asmodee Group ASMDEEB kr 145.70 kr 41.90 -71%

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Frequently asked questions

Is Shifeng Cultural Development Co (002862) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥6.30 versus a price of ¥13.82, about −54% (overvalued).
What is the fair value of 002862?
Our model-based fair value for Shifeng Cultural Development Co is ¥6.30 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥13.82.
What is the quality score of 002862?
Shifeng Cultural Development Co has a Quality Score of 40/100. 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 Shifeng Cultural Development Co (002862)?
Shifeng Cultural Development Co reported trailing-twelve-month revenue of about 438M CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002862?
The net profit margin of Shifeng Cultural Development Co is about -38.8%, meaning it is currently running at a net loss. 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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