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Zhong Jia Guo Xin Holdings (0899) Fair Value & Analysis

Real Estate · HK · Market cap HK$118M

ZJ Zhong Jia Guo Xin Holdings 0899 · HK
PriceHK$0.1810
Fair ValueHK$0.3145
Upside+73.8%
Quality37/100
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Weak Growth
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/9)
Narrow moat 3/100
Evidence: Low Range HK$0.2329 – HK$0.4650 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 3 days ago

Share price −35.4% over the past month.

Below-average quality, screening 74% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (37/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (HK$0.2329). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (HK$0.2329 to HK$0.4650) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$6.96 HK$0.1528 Fair Value HK$0.3145 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$0.1528 – HK$6.96 · fair‑value band HK$0.2329 – HK$0.4650 · the HK$0.1810 price screens below the HK$0.3145 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Zhong Jia Guo Xin Holdings (0899) currently trades at HK$0.1810, while our model-based Fair Value estimate is HK$0.3145, implying the stock looks roughly 73.8% undervalued 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: low), always confirm before acting.

Trailing-twelve-month revenue stands at HK$23.7M. Revenue grew 38.6% year over year. It earns a return on equity of -37.2%. The balance sheet holds a net cash position of HK$20.8M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.2329 (bear case) to HK$0.4650 (bull case); at HK$0.1810, the current price sits below 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 68% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -34% fair-value upside, at 74%, 0899 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
NCAV (Graham) HK$1.00 HK$1.34 HK$1.99 50
All 1 models by family
Asset-Based
NCAV (Graham) HK$1.00 HK$1.34 HK$1.99 50

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Key figures & financial health

Revenue (TTM) HK$23.7M
Revenue growth (YoY) +38.6%
Return on equity -37.2%
Free cash flow −HK$2.0M FY2025
Operating margin -85.4%
EPS (TTM) HK$-3.36
More key figures
EPS growth (YoY) +47.7%
Net cash HK$20.8M FY2026

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 40 · Market factors (momentum, volatility) 29

Profitability 0
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 50
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

Zhong Jia Guo Xin Holdings Company Limited, an investment holding company, engages in the property development and investment business in the People's Republic of China. It is also involved in the production and sales of bottled mineral water; securities trading; mineral exploration and mining; and provision of management services.

Full company description

Zhong Jia Guo Xin Holdings Company Limited, an investment holding company, engages in the property development and investment business in the People's Republic of China. It is also involved in the production and sales of bottled mineral water; securities trading; mineral exploration and mining; and provision of management services. The company was formerly known as Asia Resources Holdings Limited and changed its name to Zhong Jia Guo Xin Holdings Company Limited in January 2024. The company was incorporated in 1997 and is based in Central, Hong Kong.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Zhong Jia Guo Xin Holdings reported revenue of HK$22.6M in FY2026 versus HK$21.2M in FY2022, a compound +1.7%/yr. Reported net income was −HK$182M in FY2026.

Growth Quality 6/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
HK$22.6M
Latest YoY
+12.9%
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.
+0.6%
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.
−7.2%
Avg. 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.
−9.5%
Revenue +1.7%/yr
FY22 HK$21.2M
FY23 HK$22.2M
FY24 HK$14.2M
FY25 HK$20.0M
FY26 HK$22.6M
Net income
FY22 −HK$362M
FY23 −HK$246M
FY24 −HK$8.3M
FY25 −HK$452M
FY26 −HK$182M

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Cite: Fair Value Calculator (2026). "Zhong Jia Guo Xin Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0899

Peer Group

Real Estate - Diversified · 138 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 +74% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) -85% · Bottom 25%
Revenue growth 39% · Top 25%
Debt / equity 0.01× · Lower than 75% of peers

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

P/S (TTM) 0.63× · 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 100 · sector 40
FUTURE 100 · sector 31
PAST 0 · sector 18
HEALTH 100 · sector 74
DIVIDEND 0 · sector 60

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

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Frequently asked questions

Is Zhong Jia Guo Xin Holdings (0899) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.3145 versus a price of HK$0.1810, about +74% (undervalued).
What is the fair value of 0899?
Our model-based fair value for Zhong Jia Guo Xin Holdings is HK$0.3145 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.1810.
What is the quality score of 0899?
Zhong Jia Guo Xin 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 Zhong Jia Guo Xin Holdings (0899)?
Zhong Jia Guo Xin Holdings reported trailing-twelve-month revenue of about HK$23.7M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0899?
The net profit margin of Zhong Jia Guo Xin Holdings is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. 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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