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China Beidahuang Industry Group (0039) Fair Value & Analysis

Consumer Defensive · HK · Market cap HK$362M

CB China Beidahuang Industry Group 0039 · HK
PriceHK$0.0450
Fair ValueHK$0.0338
Upside-24.9%
Quality34/100
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Weak Growth
Loss-making · -112.8% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 1/100
Evidence: Low Range HK$0.0293 – HK$0.0383 Share as image

Fair value as of: Aug 2, 2026

From 2 valuation models · updated 8 days ago

Below-average quality, and screening another 25% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.0383). The favourable scenario is already priced in.
  • Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

HK$0.2270 HK$0.0350 Fair Value HK$0.0338 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range HK$0.0350 – HK$0.2270 · fair‑value band HK$0.0293 – HK$0.0383 · the HK$0.0450 price screens above the HK$0.0338 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

China Beidahuang Industry Group (0039) currently trades at HK$0.0450, while our model-based Fair Value estimate is HK$0.0338, implying the stock looks roughly 24.9% overvalued today. The Quality Score stands at 34/100 (below-average quality), in the Consumer Defensive 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).

Trailing-twelve-month revenue stands at HK$243M. Revenue grew 62.0% year over year. It earns a return on equity of -14.3%. Net debt stands at HK$108M. Fundamentals as of Aug 2, 2026

Our scenario range runs from HK$0.0293 (bear case) to HK$0.0383 (bull case); at HK$0.0450, 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 57% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -31% fair-value upside, at -25%, 0039 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 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
EV/EBITDA HK$0.0300 HK$0.0400 HK$0.0500 54
NCAV (Graham) HK$0.0100 HK$0.0200 HK$0.0300 50
All 2 models by family
Multiples
EV/EBITDA HK$0.0300 HK$0.0400 HK$0.0500 54
Asset-Based
NCAV (Graham) HK$0.0100 HK$0.0200 HK$0.0300 50

Widest divergence: Multiples (HK$0.0400) versus Asset-Based (HK$0.0200). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) HK$243M
Revenue growth (YoY) +62.0%
Net margin -113%
Return on equity -14.3%
Free cash flow −HK$137M FY2024
Operating margin -25.2%
More key figures
EPS (TTM) HK$-0.0100
EPS growth (YoY) -93.4%
Net debt HK$108M FY2024

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 34 · Market factors (momentum, volatility) 30

Profitability 8
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 69
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

China Beidahuang Industry Group Holdings Limited, an investment holding company, engages in trading of food products and rental business in the People's Republic of China and Hong Kong. It operates through two segments, Trading of Food Products and Rental.

Full company description

China Beidahuang Industry Group Holdings Limited, an investment holding company, engages in trading of food products and rental business in the People's Republic of China and Hong Kong. It operates through two segments, Trading of Food Products and Rental. The Trading of Food Products segment engages in wholesaling and retailing of staple food, cooking oil, alcohol and beverage, frozen and fresh food, and commodity hog products. The Rental segment leases logistic facilities in Hong Kong and office facilities in the People's Republic of China. It also sells green food products. The company was formerly known as Sino Distillery Group Limited and changed its name to China Beidahuang Industry Group Holdings Limited in May 2015. China Beidahuang Industry Group Holdings Limited is headquartered in Kowloon, Hong Kong.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

China Beidahuang Industry Group reported revenue of HK$182M in FY2024 versus HK$859M in FY2020, a compound −32.1%/yr. Reported net income was −HK$296M in FY2024.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
HK$182M
Latest YoY
−17.1%
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.
−41.9%
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.
−25.2%
Avg. growth/yr (23Y) 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.
−2.8%
Revenue −32.1%/yr
FY20 HK$859M
FY21 HK$929M
FY22 HK$930M
FY23 HK$220M
FY24 HK$182M
Net income
FY20 HK$14.8M
FY21 −HK$171M
FY22 −HK$218M
FY23 −HK$153M
FY24 −HK$296M

0039 screens 25% overvalued. Compare with Loblaw Companies Limited →

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Cite: Fair Value Calculator (2026). "China Beidahuang Industry Group Fair Value". https://www.fairvalue-calculator.com/stock/0039

Peer Group

Grocery Stores · 83 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 34 · Bottom 25%
Fair Value upside −33% · Bottom 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) -113% · Bottom 25%
Operating margin (TTM) -25% · Bottom 25%
Revenue growth 62% · Top 25%

Valuation Multiples vs Grocery Stores median · lower = cheaper

P/B 0.20× · Cheaper than 75% of peers
P/S (TTM) 0.19× · 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 0 · sector 36
FUTURE 100 · sector 17
PAST 0 · sector 51
HEALTH 100 · sector 92
DIVIDEND 0 · sector 48

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 Grocery Stores stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Loblaw Companies Limited L C$65.49 C$44.44 -32%
Koninklijke Ahold Delhaize N.V AD €36.30 €53.50 +47%
The Kroger Co KR $58.82 $28.19 -52%
Woolworths Group WOW A$39.20 A$13.40 -66%
George Weston Limited WN C$100.98 C$63.61 -37%
Coles Group COL A$23.56 A$15.86 -33%
Metro Inc MRU C$93.64 C$94.01 +0%
Carrefour SA CA €16.40 €11.51 -30%
CP ALL Public Company TCPD 1.89 SGD 2.36 SGD +25%
BIM Birlesik Magazalar A.S., BIMAS 385.75 TRY 267.12 TRY -31%

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Frequently asked questions

Is China Beidahuang Industry Group (0039) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of HK$0.0338 versus a price of HK$0.0450, about −25% (overvalued).
What is the fair value of 0039?
Our model-based fair value for China Beidahuang Industry Group is HK$0.0338 (as of Aug 2, 2026), built from audited fundamentals. The current price is HK$0.0450.
What is the quality score of 0039?
China Beidahuang Industry Group has a Quality Score of 34/100. 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 China Beidahuang Industry Group (0039)?
China Beidahuang Industry Group reported trailing-twelve-month revenue of about HK$243M (latest available figure, as of Aug 2, 2026).
What is the net profit margin of 0039?
The net profit margin of China Beidahuang Industry Group is about -112.8%, 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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