Changhong Meiling Co Ltd B (200521) Fair Value & Analysis
Consumer Cyclical · CN · Market cap HK$3.2B
Strengths
Risks
Fair value as of: Aug 13, 2026
From 24 valuation models · updated 8 days ago
Fair value updated Aug 13, 2026, revised from HK$10.12 to HK$7.46 (−26.3%) since Jul 7, 2026. Share price +16.5% over the past month.
A solid business, screening 186% undervalued on our models.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The price is below even our cautious bear case (HK$5.59). The market is more pessimistic than our downside scenario.
- Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
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$1.57 – HK$4.79 · fair‑value band HK$5.59 – HK$9.32 · the HK$2.61 price screens below the HK$7.46 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Changhong Meiling Co Ltd B (200521) currently trades at HK$2.61, while our model-based Fair Value estimate is HK$7.46, implying the stock looks roughly 185.8% undervalued today. The Quality Score stands at 57/100 (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: high), always confirm before acting.
Over the trailing twelve months, Changhong Meiling Co Ltd B generated revenue of HK$30.4B at a net margin of 1.0%. Revenue declined 0.5% year over year. It earns a return on equity of 4.8%. The balance sheet holds a net cash position of HK$9.6B. Fundamentals as of Aug 13, 2026
Our scenario range runs from HK$5.59 (bear case) to HK$9.32 (bull case); at HK$2.61, 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 46% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 8% fair-value upside, at 186%, 200521 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.
All 24 models by family
Widest divergence: DCF Models (HK$19.01) versus Asset-Based (HK$3.96). Highest evidence: Growth DCF (80).
Notify me when 200521 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 58 · Market factors (momentum, volatility) 28
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
Changhong Meiling Co., Ltd. engages in the research, development, and manufacturing of refrigeration appliances and washing machines in China and internationally. It operates through four segments: Air Conditioning; Refrigerator, Freezer and Washing Machine; Small Homehold Appliance; and Others.
Full company description
Changhong Meiling Co., Ltd. engages in the research, development, and manufacturing of refrigeration appliances and washing machines in China and internationally. It operates through four segments: Air Conditioning; Refrigerator, Freezer and Washing Machine; Small Homehold Appliance; and Others. The company offers a refrigerator (freezer) lineup, which includes the household, commercial, and medical series of professional refrigerating appliances; ultra-low temperature freezers; washing machine lineup, such as the front-load washer, top-load washer, dryer, and washer and dryer combo; kitchen, household, and small home appliances; and air-conditioners, as well as white goods. It also operates research and development centers, research institutes, laboratories, and test stations. The company was formerly known as Hefei Meiling Co., Ltd. and changed its name to Changhong Meiling Company Co., Ltd. in July 2018. Changhong Meiling Company Co., Ltd. was founded in 1983 is based in Hefei, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Changhong Meiling Co Ltd B reported revenue of HK$30.4B in FY2025 versus HK$18.0B in FY2021, a compound +14.0%/yr. Reported net income was HK$410M in FY2025, compounding +67.7%/yr from FY2021.
of which total revenue +9.6 pp · buybacks/dilution −3.6 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
Watch 200521: get an alert when its fair value changes →
Peer Group
Furnishings, Fixtures & Appliances · 322 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.
Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Midea Group 000333 | ¥84.34 | ¥99.66 | +18% |
| Gree Electric Appliances, Inc 000651 | ¥40.23 | ¥86.91 | +116% |
| Haier Smart Home Co 600690 | ¥21.79 | ¥36.04 | +65% |
| King Slide Works Co 2059 | 12,500 TWD | 1,917 TWD | -85% |
| Guangdong Songfa Ceramics Co 603268 | ¥173.26 | ¥38.83 | -78% |
| Hisense Home Appliances Group 000921 | ¥27.69 | ¥50.62 | +83% |
| Ecovacs Robotics Co 603486 | ¥57.74 | ¥54.14 | -6% |
| Zhejiang Supor Co 002032 | ¥41.68 | ¥44.84 | +8% |
| COWAY Co 021240 | 97,200 KRW | 103,928 KRW | +7% |
| Voltas Limited VOLTAS | ₹1,235 | ₹152.27 | -88% |
Compare Changhong Meiling Co Ltd B with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Discover undervalued stocks
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Changhong Meiling Co Ltd B (200521) overvalued or undervalued?
What is the fair value of 200521?
What is the quality score of 200521?
What is the revenue of Changhong Meiling Co Ltd B (200521)?
What is the net profit margin of 200521?
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.
Track Changhong Meiling Co Ltd B 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.