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Qingling Motors Group Co Ltd (1122) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$1.7B

QM Qingling Motors Group Co Ltd 1122 · HK
PriceHK$0.5450
Fair ValueHK$1.63
Upside+199.1%
Quality53/100
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Weak Growth
Loss-making · -0.6% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/10)
Narrow moat 7/100
Evidence: Low Range HK$1.08 – HK$2.04 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 6 days ago

Share price −14.8% over the past month.

A solid business, screening 199% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (HK$1.08). 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.
  • Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (HK$1.08 to HK$2.04) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

HK$1.88 HK$0.4450 Fair Value HK$1.63 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$0.4450 – HK$1.88 · fair‑value band HK$1.08 – HK$2.04 · the HK$0.5450 price screens below the HK$1.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Qingling Motors Group Co Ltd (1122) currently trades at HK$0.5450, while our model-based Fair Value estimate is HK$1.63, implying the stock looks roughly 199.1% undervalued today. The Quality Score stands at 53/100 (solid quality), in the Consumer Cyclical 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.

Over the trailing twelve months, Qingling Motors Group Co Ltd generated revenue of HK$4.4B at a net margin of -0.6%. Revenue grew 14.0% year over year. It earns a return on equity of -0.3%. The balance sheet holds a net cash position of HK$1.2B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$1.08 (bear case) to HK$2.04 (bull case); at HK$0.5450, 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 62% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 23% fair-value upside, at 199%, 1122 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$1.47 HK$1.98 HK$2.95 50
All 1 models by family
Asset-Based
NCAV (Graham) HK$1.47 HK$1.98 HK$2.95 50

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Key figures & financial health

Revenue (TTM) HK$4.4B
Revenue growth (YoY) +14.0%
Net margin -0.6%
Return on equity -0.3%
Free cash flow −HK$626M FY2025
Operating margin -4.3%
More key figures
EPS (TTM) HK$-0.0100
EPS growth (YoY) -76.1%
Net cash HK$1.2B FY2025

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

Quality Score breakdown

Overall quality 53/100

Of which business quality 52 · Market factors (momentum, volatility) 12

Profitability 15
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 36
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 82
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

Qingling Motors Co., Ltd., together with its subsidiaries, produces and sells trucks under the Isuzu brand in the People's Republic of China and internationally. It operates through Light-Duty Trucks and Chassis; Pick-Up Trucks and Chassis; Medium and Heavy-Duty Trucks and Chassis; and Automobile Parts, Accessories and Others segments.

Full company description

Qingling Motors Co., Ltd., together with its subsidiaries, produces and sells trucks under the Isuzu brand in the People's Republic of China and internationally. It operates through Light-Duty Trucks and Chassis; Pick-Up Trucks and Chassis; Medium and Heavy-Duty Trucks and Chassis; and Automobile Parts, Accessories and Others segments. The company offers light, medium, and heavy-duty trucks; pick-up trucks; and chassis, automobile parts, accessories, and other products. It also engages in the production of molds for manufacturing automobile parts; and automobile retailing and after-sales services. The company exports its products. The company was incorporated in 1995 and is based in Central, Hong Kong. Qingling Motors Co., Ltd. operates as a subsidiary of Qingling Motors (Group) Co. Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Qingling Motors Group Co Ltd reported revenue of HK$4.4B in FY2025 versus HK$4.8B in FY2021, a compound −2.5%/yr. Reported net income was −HK$26.3M in FY2025.

Growth Quality 6/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$4.4B
Latest YoY
+5.9%
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.
+10.4%
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.
−3.0%
Avg. growth/yr (25Y) 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.
+0.0%
Revenue −2.5%/yr
FY21 HK$4.8B
FY22 HK$3.2B
FY23 HK$3.6B
FY24 HK$4.1B
FY25 HK$4.4B
Net income
FY21 HK$322M
FY22 −HK$14.6M
FY23 −HK$54.3M
FY24 −HK$55.1M
FY25 −HK$26.3M

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Cite: Fair Value Calculator (2026). "Qingling Motors Group Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1122

Peer Group

Auto Manufacturers · 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 53 · Above median
Fair Value upside +199% · Top 25%
Return on assets -2% · Below median
Net margin (TTM) -1% · Below median
Operating margin (TTM) -4% · Bottom 25%
Revenue growth 14% · Above median
Debt / equity 0.11× · Lower than median

Valuation Multiples vs Auto Manufacturers median · lower = cheaper

P/S (TTM) 0.05× · Cheaper than 75% of peers
PEG 1.28× · Pricier 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 33
FUTURE70 · sector 33
PAST0 · sector 20
HEALTH95 · sector 94
DIVIDEND0 · sector 49

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

Stock Price Fair Value vs Fair Value
Toyota Motor Corporation TMN 3,052 MXN 3,390 MXN +11%
BYD Company 81211 HK$76.90 HK$48.59 -37%
Hyundai Motor Company 005380 418,500 KRW 567,393 KRW +36%
Bayerische Motoren Werke Aktiengesellschaft BMWM5N 1,909 MXN 2,610 MXN +37%
Volkswagen AG VOW 2,149 CZK 7,783 CZK +262%
Maruti Suzuki India Limited MARUTI ₹13,875 ₹8,236 -41%
Kia Corporation 000270 135,600 KRW 341,751 KRW +152%
Weichai Power Co 2338 HK$36.40 HK$28.46 -22%
Geely Automobile Holdings 80175 HK$15.50 HK$19.14 +23%
Bajaj Auto Limited BAJAJAUTO ₹11,700 ₹4,574 -61%

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Frequently asked questions

Is Qingling Motors Group Co Ltd (1122) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$1.63 versus a price of HK$0.5450, about +199% (undervalued).
What is the fair value of 1122?
Our model-based fair value for Qingling Motors Group Co Ltd is HK$1.63 (as of Aug 13, 2026), built from audited fundamentals. The current price: HK$0.5450.
What is the quality score of 1122?
Qingling Motors Group Co Ltd has a Quality Score of 53/100. 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 Qingling Motors Group Co Ltd (1122)?
Qingling Motors Group Co Ltd reported trailing-twelve-month revenue of about HK$4.4B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1122?
The net profit margin of Qingling Motors Group Co Ltd is about -0.6%, 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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