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Century Ginwa Retail Holdings Ltd (0162) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$46.0M (≈ $5.9M) · ISIN BMG2021K1172

What is Century Ginwa Retail Holdings Ltd really worth?

CG Century Ginwa Retail Holdings Ltd 0162 · HK
PriceHK$0.0420
Fair ValueHK$0.0316
Upside−24.8%
Quality41/100

Below-average quality, and trading another 33% above our fair value of HK$0.0316.

As of Aug 27, 2026, the fair value of Century Ginwa Retail Holdings Ltd is HK$0.0316 per share against a price of HK$0.0420, so the fair value sits 25% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Weak Growth (revenue 5y +1.9 %/yr)
!Loss-making · -111.6% net margin
!High debt · negative free cash flow
!Trails peers (2/9)
!Narrow moat 5/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range HK$0.0316 – HK$0.0355

Fair value as of: Aug 27, 2026

From 1 valuation models · updated 10 days ago

Fair value updated Aug 27, 2026, revised from HK$0.0307 to HK$0.0316 (+2.9%) since Aug 13, 2026. Share price +31.3% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (HK$0.0355). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The models converge in a tight band (HK$0.0316 to HK$0.0355), unusually little disagreement for a valuation.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (5 years)

HK$0.4550 HK$0.0320 Fair Value HK$0.0316 Mar 2018 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range HK$0.0320 – HK$0.4550 · fair‑value band HK$0.0316 – HK$0.0355 · the HK$0.0420 price screens above the HK$0.0316 fair value. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Century Ginwa Retail Holdings Ltd (0162) currently trades at HK$0.0420, while our model-based Fair Value estimate is HK$0.0316, implying the stock looks roughly 32.9% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Consumer Cyclical sector. How firm this estimate is: it rests on 2 models at a data quality of 95/100, which puts the evidence level at low.

Trailing-twelve-month revenue stands at HK$375M. Revenue grew 33.3% year over year. Net debt stands at HK$5.7B. Fundamentals as of Aug 27, 2026

Our scenario range runs from HK$0.0316 (bear case) to HK$0.0355 (bull case); at HK$0.0420, 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 58% below its 52-week high and 31% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −15% fair-value upside, at −25%, 0162 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
NCAV (Graham) best evidence HK$0.0800 HK$0.1100 HK$0.1700 53
All 1 models by family
Asset-Based
NCAV (Graham) best evidence HK$0.0800 HK$0.1100 HK$0.1700 53

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Key figures & financial health

P/S ratio 0.12 TTM
EPS (TTM) HK$−0.2200
Net margin −71.8% FY2026
Return on equity −103% TTM
Return on assets (EBIT) −2.8% avg 5y
Operating margin −41.0% TTM
More key figures
Growth
Revenue (TTM) HK$375M TTM
Revenue growth (YoY) +33.3% 3y avg +15.7%
Balance sheet & cash flow
Free cash flow −HK$297M FY2026
Net debt HK$5.7B FY2026

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 36 · Market factors (momentum, volatility) 25

Profitability 2
Margins and returns on capital today
Quality Growth 86
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 0
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 90
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Century Ginwa Retail Holdings Limited, an investment holding company, engages in the operation of department stores, a shopping mall, and supermarkets in the People's Republic of China. The company also engages in the properties management activities.

Full company description

Century Ginwa Retail Holdings Limited, an investment holding company, engages in the operation of department stores, a shopping mall, and supermarkets in the People's Republic of China. The company also engages in the properties management activities. Century Ginwa Retail Holdings Limited was incorporated in 2000 and is headquartered in Causeway Bay, Hong Kong.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Century Ginwa Retail Holdings Ltd reported revenue of 582M CNY in FY2026 versus 494M CNY in FY2022, a compound +4.2%/yr. Reported net income was −418M CNY in FY2026.

Growth Quality 15/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
HK$582M
Latest YoY
+62.4%
Avg. revenue 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.
+15.7%
Avg. revenue 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.
+1.9%
Avg. revenue growth/yr (26Y) 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.
+4.9%
EBIT margin (trend) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−151.9% (2021) → −25.9% (2026)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue +4.2%/yr
FY22 494M CNY
FY23 376M CNY
FY24 364M CNY
FY25 359M CNY
FY26 582M CNY
Net income
FY22 −368M CNY
FY23 −362M CNY
FY24 −453M CNY
FY25 −538M CNY
FY26 −418M CNY

0162 screens 33% overvalued. Compare with Falabella S.A →

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Cite: Fair Value Calculator (2026). "Century Ginwa Retail Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0162.HK

Peer Group

Department Stores · 119 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 36 · Bottom 25%
Fair Value upside −29% · Below median
Return on assets −1% · Bottom 25%
Net margin (TTM) −112% · Bottom 25%
Operating margin (TTM) −41% · Bottom 25%
Revenue growth 33% · Top 25%
Debt / equity 24.20× · Higher than 75% of peers

Valuation Multiples vs Department Stores median · lower = cheaper

P/S (TTM) 0.02× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 23
FUTURE100 · sector 0
PAST0 · sector 16
HEALTH0 · sector 96
DIVIDEND0 · sector 43

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

Similar stocks

10 more Department Stores stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
Falabella S.A FALABELLA 6,380 CLP 8,005 CLP +25%
Dillard's, Inc DDS $630.71 $536.21 −15%
99 Speed Mart Retail Holdings 5326 3.65 MYR 1.59 MYR −56%
Cencosud S.A CENCOSUD 1,949 CLP 2,425 CLP +24%
Macy's, Inc M $21.93 $42.68 +95%
Vishal Mega Mart Limited VMM ₹107.00 ₹30.46 −72%
Central Retail Corporation CRC 27.50 THB 20.89 THB −24%
SHINSEGAE Inc 004170 424,000 KRW 177,841 KRW −58%
Lotte Shopping Co 023530 96,700 KRW 76,636 KRW −21%
PT Daya Intiguna Yasa Tbk MDIY 940.00 IDR 968.76 IDR +3%

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Frequently asked questions

Is Century Ginwa Retail Holdings Ltd (0162) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of HK$0.0316 versus a price of HK$0.0420, about −25% upside (overvalued).
What is the fair value of 0162?
Our model-based fair value for Century Ginwa Retail Holdings Ltd is HK$0.0316 (as of Aug 27, 2026), built from audited fundamentals. The current price: HK$0.0420.
What is the quality score of 0162?
Century Ginwa Retail Holdings Ltd has a Quality Score of 41/100. 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 price target for Century Ginwa Retail Holdings Ltd (0162)?
Our model-based price target is the fair value of HK$0.0316 (as of Aug 27, 2026) from 1 valuation models. Cautious scenario HK$0.0316, optimistic scenario HK$0.0355. It is a calculation from audited fundamentals, not an analyst target.
What is the Century Ginwa Retail Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$0.0316, about −25% upside versus a price of HK$0.0420 (overvalued). Cautious scenario HK$0.0316, optimistic scenario HK$0.0355. The calculation is refreshed regularly with new filings.
What is the revenue of Century Ginwa Retail Holdings Ltd (0162)?
Century Ginwa Retail Holdings Ltd reported trailing-twelve-month revenue of about HK$375M (latest available figure, as of Aug 27, 2026).
What is the net profit margin of 0162?
The net profit margin of Century Ginwa Retail Holdings Ltd is about −111.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
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