EN DE

China Bicycle Co Holdings Ltd (200017) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 986M CNY

CB China Bicycle Co Holdings Ltd 200017 · SHE
Price¥1.64
Fair Value¥0.3485
Upside-78.8%
Quality31/100
Watch China Bicycle Co Holdings Ltd for free, get notified when fair value or trend changes. Watch for free

Risks

!Trades 371% ABOVE our fair value of ¥0.3485
!Mixed Growth (revenue 5y +50.1 %/yr)
!Thin margins · 5.8% net margin
!Low debt · negative free cash flow
Mixed Growth (revenue 5y +50.1 %/yr)
Thin margins · 5.8% net margin
Low debt · negative free cash flow
Trails peers (4/12)
Narrow moat 40/100
Evidence: Medium Range ¥0.2635 – ¥0.4420 Share as image

Fair value as of: Aug 13, 2026

From 15 valuation models · updated 11 days ago

Share price +13.1% over the past month.

Below-average quality, and trading another 371% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Track China Bicycle Co Holdings Ltd and get told automatically when its fair value or trend turns, plus fair value for all 35,000+ stocks. 14 days of Pro free, no card.

What matters now

  • The price sits above even our optimistic bull case (¥0.4420). The favourable scenario is already priced in.
  • Weak quality (31/100) and above fair value at the same time, the margin of safety is missing on both counts.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥2.10 ¥0.8800 Fair Value ¥0.3485 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 ¥0.8800 – ¥2.10 · fair‑value band ¥0.2635 – ¥0.4420 · the ¥1.64 price screens above the ¥0.3485 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

China Bicycle Co Holdings Ltd (200017) currently trades at ¥1.64, while our model-based Fair Value estimate is ¥0.3485, implying the stock looks roughly 78.8% overvalued today. The Quality Score stands at 31/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, China Bicycle Co Holdings Ltd generated revenue of 708M CNY at a net margin of 5.8%. Revenue declined 17.6% year over year. It earns a return on equity of 10.7%. Net debt stands at 22.9M CNY. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥0.2635 (bear case) to ¥0.4420 (bull case); at ¥1.64, the current price sits above 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 23% below its 52-week high and 30% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 9% fair-value upside, at -79%, 200017 screens richer 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (¥0.0600 to ¥0.5400). Read the values as a conservative anchor, not as a price target.
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
Residual Income ¥0.3500 ¥0.3400 ¥0.3000 76
ROIC Compounder ¥0.0300 ¥0.0600 ¥0.0700 72
Growth-Adj P/E ¥0.3300 ¥0.4700 ¥0.6200 68
All 15 models by family
DCF Models
Owner Earnings ¥0.1200 ¥0.2300 ¥0.3700 31
Earnings-Based
Graham-Dodd ¥0.1700 ¥0.5200 ¥0.6900 54
Lynch FV ¥0.1100 ¥0.1600 ¥0.2100 50
PEG = 1.0 ¥0.1100 ¥0.1600 ¥0.2100 46
EPV ¥0.0300 ¥0.0600 ¥0.0700 59
Multiples
P/E Multiple ¥0.4000 ¥0.5400 ¥0.6700 63
P/S Multiple ¥0.3100 ¥0.4100 ¥0.5200 58
P/B Multiple ¥0.3100 ¥0.4100 ¥0.5200 55
EV/EBIT ¥0.2600 ¥0.3900 ¥0.5200 53
EV/EBITDA ¥0.1600 ¥0.2500 ¥0.3500 54
EV/Revenue ¥0.1400 ¥0.2500 ¥0.3600 43
Asset-Based
NCAV (Graham) ¥0.2500 ¥0.3300 ¥0.5000 50
Economic Profit
Residual Income ¥0.3500 ¥0.3400 ¥0.3000 76
ROIC Compounder ¥0.0300 ¥0.0600 ¥0.0700 72
Growth Earnings
Growth-Adj P/E ¥0.3300 ¥0.4700 ¥0.6200 68

Widest divergence: Growth Earnings (¥0.4700) versus Economic Profit (¥0.0600). Highest evidence: Residual Income (76).

Notify me when 200017 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 20.4 as of Jun 16, 2026
P/S ratio 1.39 TTM
Net margin 5.8% TTM
Return on equity 10.7% TTM
Return on assets 7.7% TTM
Operating margin 6.8% TTM
More key figures
Profitability
EPS (TTM) ¥0.0700
Growth
Revenue (TTM) 708M CNY TTM
Revenue growth (YoY) -17.6% 3y avg +52.0%
EPS growth (YoY) +3.5%
Balance sheet & cash flow
Free cash flow −18.1M CNY FY2024
Net debt 22.9M CNY FY2024

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

Quality Score breakdown

Overall quality 31/100

Of which business quality 34 · Market factors (momentum, volatility) 52

Profitability 41
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 51
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Shenzhen China Bicycle Company (Holdings) Limited engages in the gold jewelry business. It is also involved in the production, assembly, procurement, and sale of bicycles and electric bicycles under the Amini and EMMELLE brand names; and the procurement, consigned processing, and sale of lithium batteries materials.

Full company description

Shenzhen China Bicycle Company (Holdings) Limited engages in the gold jewelry business. It is also involved in the production, assembly, procurement, and sale of bicycles and electric bicycles under the Amini and EMMELLE brand names; and the procurement, consigned processing, and sale of lithium batteries materials. The company was founded in 1992 and is based in Shenzhen, China.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

China Bicycle Co Holdings Ltd reported revenue of ¥580M in FY2024 versus ¥118M in FY2020, a compound +48.9%/yr. Reported net income was ¥16.8M in FY2024, compounding +45.2%/yr from FY2020.

Growth Quality 50/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
580M CNY
Latest YoY
+2.0%
Avg. revenue 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.
+52.0%
Avg. revenue 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.
+50.1%
Avg. revenue growth/yr (33Y) 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.
−1.2%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+28.7% (28.7 + 0.0)
Revenue +48.9%/yr
FY20 ¥118M
FY21 ¥165M
FY22 ¥445M
FY23 ¥568M
FY24 ¥580M
Net income +45.2%/yr
FY20 ¥3.8M
FY21 −¥2.0M
FY22 −¥7.6M
FY23 ¥17.9M
FY24 ¥16.8M

200017 screens 79% overvalued. Compare with ANTA Sports Products Limited →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "China Bicycle Co Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/200017

Peer Group

Leisure · 194 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 31 · Bottom 25%
Fair Value upside −79% · Bottom 25%
Return on equity (TTM) 11% · Above median
Return on assets 8% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth -18% · Bottom 25%
Debt / equity 0.25× · Higher than median

Valuation Multiples vs Leisure median · lower = cheaper

P/E (TTM) 20.4× · Pricier than median
P/B 2.87× · Pricier than median
P/S (TTM) 1.39× · Pricier than median
EV/EBITDA 18.4× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 19
FUTURE0 · sector 15
PAST43 · sector 19
HEALTH87 · sector 94
DIVIDEND0 · sector 54

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Leisure stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
ANTA Sports Products Limited 2020 HK$72.80 HK$119.82 +65%
Pop Mart International Group 9992 HK$151.00 HK$227.30 +51%
Amer Sports, Inc AS $33.03 $16.16 -51%
Hasbro, Inc HAS $94.89 $81.97 -14%
Life Time Group LTH $45.40 $15.61 -66%
Acushnet Holdings GOLF $89.10 $36.89 -59%
Ninebot Limited 689009 ¥44.94 ¥39.73 -12%
Li Ning Company 2331 HK$14.25 HK$29.50 +107%
Mattel, Inc MAT $14.65 $18.93 +29%
Planet Fitness, Inc PLNT $48.26 $52.62 +9%

Compare China Bicycle Co Holdings Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Discover undervalued stocks

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Fama-French 3-Factor Model Calculator Run the Fama-French 3-factor model in seconds: expected return from the market, size and value factors - free, with formula, betas and an example. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is China Bicycle Co Holdings Ltd (200017) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥0.3485 versus a price of ¥1.64, about −79% (overvalued).
What is the fair value of 200017?
Our model-based fair value for China Bicycle Co Holdings Ltd is ¥0.3485 (as of Aug 13, 2026), built from audited fundamentals. The current price: ¥1.64.
What is the quality score of 200017?
China Bicycle Co Holdings Ltd has a Quality Score of 31/100. 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 China Bicycle Co Holdings Ltd (200017)?
China Bicycle Co Holdings Ltd reported trailing-twelve-month revenue of about 708M CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 200017?
The net profit margin of China Bicycle Co Holdings Ltd is about 5.8%, meaning it keeps roughly 5.8% 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.

14 days Pro free · no card

Track China Bicycle Co Holdings Ltd and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.