EN DE

China Jinmao Holdings (0817) Fair Value & Analysis

Real Estate · HK · Market cap HK$16.6B

CJ China Jinmao Holdings 0817 · HK
PriceHK$1.48
Fair ValueHK$1.54
Upside+4.4%
Quality37/100
Watch China Jinmao Holdings for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 2.1% net margin
High debt · negative free cash flow
2.14% dividend yield
Trails peers (3/14)
Narrow moat 27/100
Evidence: Medium Range HK$1.38 – HK$2.29 Share as image

Fair value as of: Aug 13, 2026

From 9 valuation models · updated 3 days ago

Fair value updated Aug 13, 2026, revised from HK$1.83 to HK$1.54 (−15.8%) since Aug 5, 2026. Share price +7.7% over the past month.

Below-average quality, 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.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

HK$2.59 HK$0.4543 Fair Value HK$1.54 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.4543 – HK$2.59 · fair‑value band HK$1.38 – HK$2.29 · the HK$1.48 price screens below the HK$1.54 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

China Jinmao Holdings (0817) currently trades at HK$1.48, while our model-based Fair Value estimate is HK$1.54, implying the stock looks roughly 4.4% fairly valued today. The Quality Score stands at 37/100 (below-average quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, China Jinmao Holdings generated revenue of HK$59.4B at a net margin of 2.1%. Revenue declined 7.6% year over year. It earns a return on equity of 1.9%. Net debt stands at HK$117B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$1.38 (bear case) to HK$2.29 (bull case); at HK$1.48, 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 28% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 15% fair-value upside, at 4%, 0817 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
Residual Income HK$2.06 HK$2.00 HK$1.72 76
Gordon GGM HK$0.2400 HK$0.5100 HK$0.8100 70
DDM Multi-Stage HK$0.2400 HK$0.4300 HK$0.5300 61
All 9 models by family
Dividend Discount
Gordon GGM HK$0.2400 HK$0.5100 HK$0.8100 70
DDM Multi-Stage HK$0.2400 HK$0.4300 HK$0.5300 61
Multiples
P/S Multiple HK$1.18 HK$1.58 HK$1.97 58
P/B Multiple HK$1.18 HK$1.58 HK$1.97 55
EV/EBIT HK$0.6800 HK$2.69 HK$4.70 53
EV/EBITDA HK$1.75 HK$3.53 54
EV/Revenue HK$0.8200 43
Asset-Based
NCAV (Graham) HK$1.41 HK$1.89 HK$2.82 50
Economic Profit
Residual Income HK$2.06 HK$2.00 HK$1.72 76

Widest divergence: Economic Profit (HK$2.00) versus Dividend Discount (HK$0.4300). Highest evidence: Residual Income (76).

Notify me when 0817 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) HK$59.4B
Revenue growth (YoY) -7.6%
Net margin 2.1%
Return on equity 1.9%
Free cash flow −HK$6.0B FY2025
P/E ratio 24.6 as of Jul 2, 2026
More key figures
Operating margin 9.0%
EPS (TTM) HK$0.0600
Dividend yield 2.1%
EPS growth (YoY) +267%
Net debt HK$117B FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 32 · Market factors (momentum, volatility) 33

Profitability 14
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 9
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 45
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 37
Distance to the 52-week high (market factor)
Net Issuance 72
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 Jinmao Holdings Group Limited engages in residential and integrated property development in Mainland China. It operates through five segments: Property Development, Property Investment, Hotel Operations, Jinmao Services, and Others. The Property Development segment develops residential and comprehensive properties.

Full company description

China Jinmao Holdings Group Limited engages in residential and integrated property development in Mainland China. It operates through five segments: Property Development, Property Investment, Hotel Operations, Jinmao Services, and Others. The Property Development segment develops residential and comprehensive properties. The Property Investment segment leases office and retail commercial premises. The Hotel Operations segment offers hotel accommodation services, and food and beverage. The Jinmao Services segment provides property management services and community value-added services, as well as value-added services to non-property owners. The Others segment offers design and decoration services. This segment is also involved in building technology and other services. The company was formerly known as Franshion Properties (China) Limited and changed its name to China Jinmao Holdings Group Limited in September 2015. China Jinmao Holdings Group Limited was incorporated in 2004 and is headquartered in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Jinmao Holdings reported revenue of HK$59.4B in FY2025 versus HK$90.1B in FY2021, a compound −9.9%/yr. Reported net income was HK$1.3B in FY2025, compounding −28.1%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$59.4B
Latest YoY
+0.5%
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.
−10.6%
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.
−0.2%
Avg. growth/yr (21Y) 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.
+40.5%
Revenue −9.9%/yr
FY21 HK$90.1B
FY22 HK$83.0B
FY23 HK$72.4B
FY24 HK$59.1B
FY25 HK$59.4B
Net income −28.1%/yr
FY21 HK$4.7B
FY22 HK$2.0B
FY23 −HK$6.9B
FY24 HK$1.1B
FY25 HK$1.3B

Watch 0817: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "China Jinmao Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0817

Peer Group

Real Estate - Development · 593 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 37 · Bottom 25%
Fair Value upside +4% · Below median
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 9% · Below median
Revenue growth -8% · Below median
Dividend yield (TTM) 2.1% · Below median
Debt / equity 2.65× · Higher than 75% of peers

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/E (TTM) 24.6× · Pricier than median
P/B 0.44× · Cheaper than median
P/S (TTM) 0.28× · Cheaper than median
EV/EBITDA 16.7× · Pricier than median
PEG 0.18× · 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 39 · sector 47
FUTURE 0 · sector 0
PAST 8 · sector 10
HEALTH 0 · sector 85
DIVIDEND 43 · sector 58

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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹661.75 ₹146.13 -78%
Lodha Developers Limited LODHA ₹1,209 ₹583.43 -52%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,150 IDR 1,330 IDR -78%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 595.00 IDR 1,488 IDR +150%
PT Sentul City Tbk, BKSL 73.00 IDR 84.16 IDR +15%
PT Ciputra Development Tbk, CTRA 610.00 IDR 1,525 IDR +150%
Khang Dien House Trading and Investment Joint Stock Company KDH 18,150 VND 20,338 VND +12%
PT Duta Pertiwi Tbk DUTI 4,300 IDR 6,239 IDR +45%
PT Puradelta Lestari Tbk DMAS 147.00 IDR 164.33 IDR +12%

Compare China Jinmao Holdings with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is China Jinmao Holdings (0817) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$1.54 versus a price of HK$1.48, about +4% (fairly valued).
What is the fair value of 0817?
Our model-based fair value for China Jinmao Holdings is HK$1.54 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$1.48.
What is the quality score of 0817?
China Jinmao Holdings has a Quality Score of 37/100. 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 Jinmao Holdings (0817)?
China Jinmao Holdings reported trailing-twelve-month revenue of about HK$59.4B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0817?
The net profit margin of China Jinmao Holdings is about 2.1%, meaning it keeps roughly 2.1% of revenue as net income. Based on the latest reported figures.
Does China Jinmao Holdings pay a dividend?
China Jinmao Holdings currently shows a dividend yield of about 2.14% relative to its recent price (as of Aug 13, 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.

14 days Pro free · no card

Track China Jinmao Holdings and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.