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Changan Minsheng APLL Logistics Co (1292) Fair Value & Analysis

Industrials · HK · Market cap HK$440M

CM Changan Minsheng APLL Logistics Co 1292 · HK
PriceHK$2.07
Fair ValueHK$4.59
Upside+121.7%
Quality38/100
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Evidence: High Range HK$3.44 – HK$5.74

Fair value as of: Jul 5, 2026

From 17 valuation models · updated today

Fair value updated Jul 5, 2026 — revised from HK$7.51 to HK$4.59 (−38.9%) since Jul 2, 2026. Share price −18.8% over the past month.

Price vs Fair Value (12 months)

HK$4.62 HK$2.07 Fair Value HK$4.59 Jun 2025 Jul 2026

12‑month range HK$2.07 – HK$4.62 · fair‑value band HK$3.44 – HK$5.74 · the HK$2.07 price screens below the HK$4.59 fair value. As of Jul 5, 2026.

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Analysis

Changan Minsheng APLL Logistics Co (1292) currently trades at HK$2.07, while our model-based Fair Value estimate is HK$4.59 — implying the stock looks roughly 121.7% undervalued today. We read business quality at 38/100 (below-average quality), in the Industrials 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: high) — always confirm before acting.

Over the trailing twelve months, Changan Minsheng APLL Logistics Co generated revenue of HK$9.5B at a net margin of 0.4%. Revenue grew 11.9% year over year. It earns a return on equity of 2.3%. Net debt stands at HK$199M. Fundamentals as of Jul 5, 2026

Our scenario range runs from HK$3.44 (bear case) to HK$5.74 (bull case); at HK$2.07, the current price sits below that range. The share trades about 56% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -27% fair-value upside — at 122%, 1292 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) HK$9.5B
Revenue growth (YoY) +11.9%
Net margin 0.4%
Return on equity 2.3%
Free cash flow −HK$289M FY2025
P/E ratio 8.7
More key figures
EPS (TTM) HK$0.2300
Dividend yield 6.8%
EPS growth (YoY) +27.8%
Net debt HK$199M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Changan Minsheng APLL Logistics Co., Ltd., together with its subsidiaries, provides supply chain management services for automobiles and automobile raw materials, components, and parts in China. The company engages in the full vehicle, parts, international, and integrated logistics services. It is also involved in the distribution processing services; sale of packaging materials; after-sales parts business; and provision of tires assembling and warehousing management services, as well as non-automobile commodities transportation services. The company was formerly known as CMA Logistics Co., Ltd. and changed its name to Changan Minsheng APLL Logistics Co., Ltd. in December 2006. Changan Minsheng APLL Logistics Co., Ltd. was incorporated in 2001 and is headquartered in Hong Kong, Hong Kong.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Changan Minsheng APLL Logistics Co reported revenue of HK$9.5B in FY2025 versus HK$6.0B in FY2021, a compound +12.2%/yr. Reported net income was HK$40.2M in FY2025, compounding +8.4%/yr from FY2021.

Revenue +12.2%/yr
FY21 HK$6.0B
FY22 HK$7.7B
FY23 HK$8.0B
FY24 HK$9.0B
FY25 HK$9.5B
Net income +8.4%/yr
FY21 HK$29.1M
FY22 HK$38.5M
FY23 HK$56.4M
FY24 HK$59.9M
FY25 HK$40.2M

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Cite: Fair Value Calculator (2026). "Changan Minsheng APLL Logistics Co Fair Value". https://www.fairvalue-calculator.com/stock/1292

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Frequently asked questions

Is Changan Minsheng APLL Logistics Co (1292) undervalued?
As of Jul 5, 2026, our model estimates a fair value of HK$4.59 versus a price of HK$2.07 — about +122% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 1292?
Our model-based fair value for Changan Minsheng APLL Logistics Co is HK$4.59 (as of Jul 5, 2026), built from audited fundamentals. The current price is HK$2.07.
What is the quality score of 1292?
Changan Minsheng APLL Logistics Co has a Quality Score of 38/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Changan Minsheng APLL Logistics Co (1292)?
Changan Minsheng APLL Logistics Co reported trailing-twelve-month revenue of about HK$9.5B (latest available figure, as of Jul 5, 2026).
What is the net profit margin of 1292?
The net profit margin of Changan Minsheng APLL Logistics Co is about 0.4%, meaning it keeps roughly 0.4% of revenue as net income. Based on the latest reported figures.
Does Changan Minsheng APLL Logistics Co pay a dividend?
Changan Minsheng APLL Logistics Co currently shows a dividend yield of about 6.82% relative to its recent price (as of Jul 5, 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.