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Runjian Co (002929) Fair Value & Analysis

Communication Services · CN · Market cap 17.4B CNY

RC Runjian Co 002929 · SHE
Price¥50.63
Fair Value¥5.54
Upside-89.1%
Quality38/100
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Evidence: High Range ¥2.34 – ¥7.72 📤 Share as image

Fair value as of: Jul 22, 2026

From 25 valuation models · updated today

Fair value updated Jul 22, 2026, revised from ¥5.55 to ¥5.54 (−0.2%) since Jun 25, 2026. Share price −18.6% over the past month.

Price vs Fair Value (12 months)

¥97.78 ¥38.27 Fair Value ¥5.54 Jun 2025 Jul 2026

12‑month range ¥38.27 – ¥97.78 · fair‑value band ¥2.34 – ¥7.72 · the ¥50.63 price screens above the ¥5.54 fair value. As of Jul 22, 2026.

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Analysis

Runjian Co (002929) currently trades at ¥50.63, while our model-based Fair Value estimate is ¥5.54, implying the stock looks roughly 89.1% overvalued today. We read business quality at 38/100 (below-average quality), in the Communication Services 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, Runjian Co generated revenue of 9.8B CNY at a net margin of -0.2%. Revenue declined 23.5% year over year. It earns a return on equity of -1.3%. Net debt stands at 1.5B CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥2.34 (bear case) to ¥7.72 (bull case); at ¥50.63, the current price sits above that range. The share trades about 49% below its 52-week high and 33% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 37% fair-value upside, at -89%, 002929 screens richer than that median.

Key figures & financial health

Revenue (TTM) 9.8B CNY
Revenue growth (YoY) -23.5%
Net margin -0.2%
Return on equity -1.3%
Free cash flow 105M CNY FY2025
Operating margin 2.6%
More key figures
EPS (TTM) ¥-0.0800
Dividend yield 0.1%
EPS growth (YoY) -84.0%
Net debt 1.5B CNY FY2025

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

About the company

Runjian Co., Ltd., a communication technology service company, operates as a digital intelligent operation and maintenance (AIOps) service provider in China. It operates through three segments: Communication Network Business, Digital Network Services, and Energy Network Business. The company offers digital operations large model, energy operations and maintenance large model, communication operations large model, ai safety large model solutions. it also provides electricity trading platform, virtual power plant, RUNDO new energy intelligent production & operations platform. In addition, the company offers public prosecution, investigation, and judicial intelligence agent, ministry of housing and urban-rural development, RunAI Medical Agent, RunAI Educational Agent, as well as human-machine collaboration and enterprise management agent. The company was formerly known as Runjian Communication Co., Ltd. and changed its name to Runjian Co., Ltd. in April 2019. The company was founded …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Runjian Co reported revenue of ¥10.3B in FY2025 versus ¥6.6B in FY2021, a compound +11.9%/yr. Reported net income was ¥37.9M in FY2025, compounding −42.8%/yr from FY2021.

Revenue +11.9%/yr
FY21 ¥6.6B
FY22 ¥8.2B
FY23 ¥8.8B
FY24 ¥9.2B
FY25 ¥10.3B
Net income −42.8%/yr
FY21 ¥353M
FY22 ¥424M
FY23 ¥439M
FY24 ¥247M
FY25 ¥37.9M

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Cite: Fair Value Calculator (2026). "Runjian Co Fair Value". https://www.fairvalue-calculator.com/stock/002929

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América Móvil, S.A. AMXB 22.06 MXN 30.33 MXN +37%
Vodafone Group VODN 265.00 MXN 295.75 MXN +12%

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Frequently asked questions

Is Runjian Co (002929) undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥5.54 versus a price of ¥50.63, about −89% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 002929?
Our model-based fair value for Runjian Co is ¥5.54 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥50.63.
What is the quality score of 002929?
Runjian Co has a Quality Score of 38/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Runjian Co (002929)?
Runjian Co reported trailing-twelve-month revenue of about 9.8B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002929?
The net profit margin of Runjian Co is about -0.2%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Runjian Co pay a dividend?
Runjian Co currently shows a dividend yield of about 0.10% 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.