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China Qidian Guofeng Holdings (1280) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$2.9B

CQ China Qidian Guofeng Holdings 1280 · HK
PriceHK$1.12
Fair ValueHK$1.43
Upside+27.5%
Quality17/100
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Weak Growth
Loss-making · -117.3% net margin
Moderate debt · negative free cash flow
Trails peers (1/10)
Narrow moat 5/100
Evidence: Low Range HK$1.30 – HK$1.62 Share as image

Fair value as of: Aug 7, 2026

From 3 valuation models · updated today

Share price −24.8% over the past month.

Below-average quality, screening 28% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (HK$1.30). The market is more pessimistic than our downside scenario.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

HK$5.05 HK$0.4500 Fair Value HK$1.43 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 7, 2026.

How to read this chart

60‑month range HK$0.4500 – HK$5.05 · fair‑value band HK$1.30 – HK$1.62 · the HK$1.12 price screens below the HK$1.43 fair value. Dashed = 300-day average. As of Aug 7, 2026.

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Analysis

China Qidian Guofeng Holdings (1280) currently trades at HK$1.12, while our model-based Fair Value estimate is HK$1.43, implying the stock looks roughly 27.5% undervalued today. We read business quality at 17/100 (below-average 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.

Trailing-twelve-month revenue stands at HK$357M. Revenue declined 35.0% year over year. Net debt stands at HK$53.5M. Fundamentals as of Aug 7, 2026

Our scenario range runs from HK$1.30 (bear case) to HK$1.62 (bull case); at HK$1.12, 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 79% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -24% fair-value upside, at 28%, 1280 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 BearBaseBull Evidence
Highest evidence
Gordon GGM HK$42.34 HK$46.03 HK$52.08 70
DDM Multi-Stage HK$42.34 HK$52.42 HK$65.86 61
NCAV (Graham) HK$1.01 HK$1.68 HK$2.35 50
All 3 models by family
Dividend Discount
Gordon GGM HK$42.34 HK$46.03 HK$52.08 70
DDM Multi-Stage HK$42.34 HK$52.42 HK$65.86 61
Asset-Based
NCAV (Graham) HK$1.01 HK$1.68 HK$2.35 50

Widest divergence: Dividend Discount (HK$46.03) versus Asset-Based (HK$1.68). Highest evidence: Gordon GGM (70).

Key figures & financial health

Revenue (TTM) HK$357M
Revenue growth (YoY) -35.0%
Net margin -117%
Return on equity -247%
Free cash flow −HK$51.0M FY2025
Operating margin -51.6%
More key figures
EPS (TTM) HK$-0.0100
Net debt HK$53.5M FY2025

Figures from reported company fundamentals · as of Aug 7, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 17/100

Of which business quality 22 · Market factors (momentum, volatility) 15

Profitability 16
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 32
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 1
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 0
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 Qidian Guofeng Holdings Limited, an investment holding company, engages in the retail of household appliances, mobile phones, computers, and imported and general merchandise in the People's Republic of China. The company operates through the Household Appliance Business, Liquor Business, Livestream e-commerce, and Education Business segments.

Full company description

China Qidian Guofeng Holdings Limited, an investment holding company, engages in the retail of household appliances, mobile phones, computers, and imported and general merchandise in the People's Republic of China. The company operates through the Household Appliance Business, Liquor Business, Livestream e-commerce, and Education Business segments. It also provides maintenance and installation services for household appliances; education-related training services; and logistics and warehouse services. In addition, the company involved in the trading of liquor business; bulk distribution sale of Midea air-conditioners; and operation of a chain of retail stores for selling household appliances and import and general merchandise, as well as providing product promotion to merchants via livestream in third party online platform. The company also sells its products online. The company was formerly known as Qidian International Co., Ltd. and changed its name to China Qidian Guofeng Holdings Limited in December 2023. China Qidian Guofeng Holdings Limited incorporated in 2008 and is headquartered in Beijing, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Qidian Guofeng Holdings reported revenue of HK$357M in FY2025 versus HK$301M in FY2021, a compound +4.3%/yr. Reported net income was −HK$418M in FY2025.

Growth Quality 6/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$357M
Latest YoY
−19.3%
Avg. growth/yr (3Y)
+10.8%
Avg. growth/yr (5Y)
+0.3%
Avg. growth/yr (18Y)
−1.9%
Revenue +4.3%/yr
FY21 HK$301M
FY22 HK$262M
FY23 HK$320M
FY24 HK$442M
FY25 HK$357M
Net income
FY21 −HK$60.0M
FY22 −HK$137M
FY23 HK$55.9M
FY24 −HK$2.2B
FY25 −HK$418M

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Cite: Fair Value Calculator (2026). "China Qidian Guofeng Holdings Fair Value". https://www.fairvalue-calculator.com/stock/1280

Peer Group

Specialty Retail · 222 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 21 · Bottom 25%
Fair Value upside +50% · Top 25%
Return on assets -13% · Bottom 25%
Net margin (TTM) -117% · Bottom 25%
Operating margin (TTM) -52% · Bottom 25%
Revenue growth -35% · Bottom 25%
Debt / equity 0.55× · Higher than 75% of peers

Valuation Multiples vs Specialty Retail median · lower = cheaper

P/B 2.70× · Pricier than median
P/S (TTM) 1.02× · Pricier 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 70 · sector 32
FUTURE 0 · sector 23
PAST 0 · sector 26
HEALTH 73 · sector 94
DIVIDEND 0 · sector 51

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 Specialty Retail stocks, each showing price versus our Fair Value estimate (as of Aug 7, 2026).

Stock Price Fair Value vs Fair Value
Casey's General Stores, Inc CASY $827.04 $405.44 -51%
Williams-Sonoma, Inc WSM $222.84 $164.16 -26%
Ulta Beauty, Inc ULTA $479.57 $488.39 +2%
DICK'S Sporting Goods, Inc DKS $208.89 $181.10 -13%
Best Buy Co BBY $83.98 $109.12 +30%
China Tourism Group 601888 ¥52.90 ¥40.40 -24%
Tractor Supply Company TSCO $31.01 $35.52 +15%
Murphy USA Inc MUSA $618.57 $423.35 -32%
Five Below, Inc FIVE $197.71 $117.29 -41%
Taiwan Mobile Co 3045 110.50 TWD 80.98 TWD -27%

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Frequently asked questions

Is China Qidian Guofeng Holdings (1280) overvalued or undervalued?
As of Aug 7, 2026, our model estimates a fair value of HK$1.43 versus a price of HK$1.12, about +28% (undervalued).
What is the fair value of 1280?
Our model-based fair value for China Qidian Guofeng Holdings is HK$1.43 (as of Aug 7, 2026), built from audited fundamentals. The current price is HK$1.12.
What is the quality score of 1280?
China Qidian Guofeng Holdings has a Quality Score of 17/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of China Qidian Guofeng Holdings (1280)?
China Qidian Guofeng Holdings reported trailing-twelve-month revenue of about HK$357M (latest available figure, as of Aug 7, 2026).
What is the net profit margin of 1280?
The net profit margin of China Qidian Guofeng Holdings is about -117.3%, 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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