Hong Kong Shanghai Alliance Holdings Ltd (1001) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Hong Kong Shanghai Alliance Holdings Ltd HK$2.39, price HK$0.36, upside +573.2%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Hong Kong Shanghai Alliance Holdings Ltd
1001 · HKClearly undervaluedStrong Fair Value upside, but quality is only moderate.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range HK$0.1538 – HK$0.4500 · fair‑value band HK$1.78 – HK$3.22 · the HK$0.3550 price screens below the HK$2.39 fair value. Dashed = 300-day average. As of Sep 24, 2026.
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Company profile
Hong Kong Shanghai Alliance Holdings Limited, together with its subsidiaries, engages in the distribution and processing of construction materials in Hong Kong and Mainland China. It operates through three segments: Steels Distribution and Processing Business; Building Products Distribution Business; and Property Investment and Fund Management Business.
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Hong Kong Shanghai Alliance Holdings Limited, together with its subsidiaries, engages in the distribution and processing of construction materials in Hong Kong and Mainland China. It operates through three segments: Steels Distribution and Processing Business; Building Products Distribution Business; and Property Investment and Fund Management Business. The company distributes construction materials, such as reinforcing steel, H-piles/H-beams, and cut and bend reinforcement rebars; and offers integrated rebar processing, automated bending from bar and coil, traceability, and supply chain services. It also distributes and processes industrial steel, such as pre-painted galvanized, galvanized, cold roll, hot roll, electro galvanized, and silicon steel products. In addition, the company engages in property investment and fund management businesses; trading of sanitary wares and kitchen cabinets; and operation of land. Further, it provides management, consultation and design, logistics, technical support, investment advisory, investment and asset management, and kitchen installation services. The company was formerly known as Van Shung Chong Holdings Limited and changed its name to Hong Kong Shanghai Alliance Holdings Limited in December 2015. The company was founded in 1961 and is headquartered in Wan Chai, Hong Kong.
Stock analysis
Hong Kong Shanghai Alliance Holdings Ltd (1001) currently trades at HK$0.3550, while our model-based Fair Value estimate is HK$2.39, implying the stock looks roughly 85.1% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of HK$3.83 per share, and 22 of the 22 models we run sit above the HK$0.3550 price.
Bear case: the Asset-Based group reads lowest at HK$1.05, and 0 of the 22 models stay below the price. Evidence for this calculation is low.
Scenario range: HK$1.78 (bear) to HK$3.22 (bull), the price of HK$0.3550 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Hong Kong Shanghai Alliance Holdings Ltd reported revenue of HK$2.1B in FY2025 versus HK$2.1B in FY2021, a compound +0.5%/yr. Reported net income was HK$89.6M in FY2025, compounding +170.5%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap HK$274M (≈ $34.9M) · P/E ratio 3.1 · P/S ratio 0.13 · EPS (TTM) HK$0.1300 · Net margin 4.2% · Return on equity 7.1% · Return on assets (EBIT) 5.5% · Operating margin 8.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 21% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −44% fair-value upside, at 573%, 1001 screens cheaper than that median.
Fair Value models
All 22 models by family
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Set up alert →Quality Score breakdown
Of which business quality 56 · Market factors (momentum, volatility) 44
Revenue & earnings trend
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Compare Hong Kong Shanghai Alliance Holdings Ltd with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Steel · 402 stocks
Valuation Multiplesvs Steel median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- Undervalued stocks: Hong Kong Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Steel stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Nucor Corporation NUE | $236.24 | $116.49 | −51% |
| ArcelorMittal S.A MT | €59.82 | €35.15 | −41% |
| Steel Dynamics, Inc STLD | $230.39 | $127.93 | −44% |
| JSW Steel Limited JSWSTEEL | ₹1,233 | ₹1,095 | −11% |
| Tata Steel Limited TATASTEEL | ₹178.00 | ₹147.10 | −17% |
| Reliance, Inc RS | $393.04 | $211.55 | −46% |
| Baoshan Iron & Steel Co 600019 | ¥5.84 | ¥8.07 | +38% |
| POSCO Holdings 005490 | 311,000 KRW | 155,270 KRW | −50% |
| Inner Mongolia Baotou Steel Union Co 600010 | ¥2.09 | ¥0.5300 | −75% |
| Jindal Steel Limited JINDALSTEL | ₹1,165 | ₹516.27 | −56% |
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Key figures of Hong Kong Shanghai Alliance Holdings Ltd
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