EN DE

Shenzhou International Group (2313) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$66.7B

SI Shenzhou International Group 2313 · HK
PriceHK$42.74
Fair ValueHK$75.65
Upside+77.0%
Quality51/100
Watch Shenzhou International Group for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Solidly profitable · 18.8% net margin
Low debt · generates free cash flow
5.20% dividend yield
Ranks above peers (12/15)
Moderate moat 64/100
Evidence: High Range HK$46.78 – HK$95.17 Share as image

Fair value as of: Jul 18, 2026

From 26 valuation models · updated 20 days ago

Fair value updated Jul 18, 2026, revised from HK$65.57 to HK$75.65 (+15.4%) since Jul 7, 2026. Share price +1.7% over the past month.

A solid business, screening 77% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (HK$46.78). The market is more pessimistic than our downside scenario.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (HK$46.78 to HK$95.17) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

HK$176.44 HK$39.36 Fair Value HK$75.65 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range HK$39.36 – HK$176.44 · fair‑value band HK$46.78 – HK$95.17 · the HK$42.74 price screens below the HK$75.65 fair value. Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

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

Analysis

Shenzhou International Group (2313) currently trades at HK$42.74, while our model-based Fair Value estimate is HK$75.65, implying the stock looks roughly 77.0% undervalued today. We read business quality at 51/100 (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, Shenzhou International Group generated revenue of HK$31.0B at a net margin of 18.8%. Revenue grew 2.2% year over year. It earns a return on equity of 15.9%. The balance sheet holds a net cash position of HK$542M. Fundamentals as of Jul 18, 2026

Our scenario range runs from HK$46.78 (bear case) to HK$95.17 (bull case); at HK$42.74, 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 last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 40% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -57% fair-value upside, at 77%, 2313 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
Growth DCF HK$33.81 HK$51.05 HK$79.98 80
Residual Income HK$25.64 HK$32.16 HK$71.23 76
Rev-Margin DCF HK$41.29 HK$66.26 HK$98.09 74
All 26 models by family
DCF Models
FCF DCF HK$33.92 HK$52.52 HK$84.45 38
Owner Earnings HK$48.86 HK$79.15 HK$131.13 31
5Y Revenue Exit HK$41.29 HK$67.11 HK$102.38 39
5Y EBITDA Exit HK$47.30 HK$79.37 HK$119.68 41
5Y P/E Exit HK$53.97 HK$92.98 HK$137.63 38
10Y Revenue Exit HK$37.39 HK$61.05 HK$97.57 36
10Y EBITDA Exit HK$42.55 HK$69.99 HK$111.92 37
10Y P/E Exit HK$46.95 HK$79.90 HK$126.80 35
Earnings-Based
Graham-Dodd HK$26.36 HK$118.02 HK$161.73 54
Lynch FV HK$30.71 HK$43.88 HK$57.04 50
PEG = 1.0 HK$30.71 HK$43.88 HK$57.04 46
EPV HK$41.68 HK$46.94 HK$51.54 59
Dividend Discount
Gordon GGM HK$22.44 HK$46.67 HK$74.03 70
DDM Multi-Stage HK$22.44 HK$39.35 HK$48.98 61
Multiples
P/E Multiple HK$58.14 HK$77.52 HK$96.90 63
P/S Multiple HK$38.67 HK$51.56 HK$64.45 58
P/B Multiple HK$49.42 HK$65.90 HK$82.37 55
EV/EBIT HK$62.41 HK$79.83 HK$97.26 53
EV/EBITDA HK$57.55 HK$73.35 HK$89.16 54
EV/Revenue HK$45.37 HK$60.47 HK$75.57 43
Asset-Based
NCAV (Graham) HK$12.48 HK$16.72 HK$24.96 50
Growth DCF
Growth DCF HK$33.81 HK$51.05 HK$79.98 80
Rev-Margin DCF HK$41.29 HK$66.26 HK$98.09 74
Economic Profit
Residual Income HK$25.64 HK$32.16 HK$71.23 76
ROIC Compounder HK$45.83 HK$57.80 HK$73.10 72
Growth Earnings
Growth-Adj P/E HK$48.74 HK$69.62 HK$90.51 68

Widest divergence: DCF Models (HK$69.99) versus Asset-Based (HK$16.72). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) HK$31.0B
Revenue growth (YoY) +2.2%
Net margin 18.8%
Return on equity 15.9%
Free cash flow HK$2.8B FY2025
P/E ratio 9.9
More key figures
Operating margin 18.4%
EPS (TTM) HK$2.11
Dividend yield 5.2%
EPS growth (YoY) -20.0%
Net cash HK$542M FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 61 · Market factors (momentum, volatility) 26

Profitability 53
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 94
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 9
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

Shenzhou International Group Holdings Limited, an investment holding company, manufactures and sells knitwear products in Mainland China, the European Union, the United States, Japan, and internationally. The company offers knitted sportswear, casual wear, and lingerie wear. The company is engaged in trading activities, and property leasing services.

Full company description

Shenzhou International Group Holdings Limited, an investment holding company, manufactures and sells knitwear products in Mainland China, the European Union, the United States, Japan, and internationally. The company offers knitted sportswear, casual wear, and lingerie wear. The company is engaged in trading activities, and property leasing services. Shenzhou International Group Holdings Limited was founded in 2000 and is based in Kowloon, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shenzhou International Group reported revenue of HK$31.0B in FY2025 versus HK$23.8B in FY2021, a compound +6.8%/yr. Reported net income was HK$5.8B in FY2025, compounding +14.6%/yr from FY2021.

Growth Quality 72/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$31.0B
Latest YoY
+8.1%
Avg. growth/yr (3Y)
+3.7%
Avg. growth/yr (5Y)
+6.1%
Avg. growth/yr (21Y)
+13.6%
Revenue +6.8%/yr
FY21 HK$23.8B
FY22 HK$27.8B
FY23 HK$25.0B
FY24 HK$28.7B
FY25 HK$31.0B
Net income +14.6%/yr
FY21 HK$3.4B
FY22 HK$4.6B
FY23 HK$4.6B
FY24 HK$6.2B
FY25 HK$5.8B

Watch 2313: get an alert when its fair value changes →

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). "Shenzhou International Group Fair Value". https://www.fairvalue-calculator.com/stock/2313

Peer Group

Textile Manufacturing · 311 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 51 · Above median
Fair Value upside +77% · Top 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth 2% · Above median
Dividend yield (TTM) 5.2% · Top 25%
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 9.9× · Cheaper than 75% of peers
P/B 1.78× · Pricier than median
P/S (TTM) 2.15× · Pricier than 75% of peers
P/FCF 3.0× · Pricier than 75% of peers
EV/EBITDA 7.2× · Cheaper than median
PEG 0.88× · Cheaper 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.

VALUE 100 · sector 12
FUTURE 11 · sector 0
PAST 64 · sector 15
HEALTH 100 · sector 95
DIVIDEND 100 · sector 34

Insider activity: 45/100

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 Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Tongkun Group 601233 ¥21.65 ¥14.53 -33%
HMT (Xiamen) New Technical Materials Co 603306 ¥91.75 ¥12.85 -86%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,181 ₹467.49 -60%
Zhejiang Orient Holdings 600120 ¥5.18 ¥2.21 -57%
Vardhman Textiles Limited VTL ₹666.25 ₹437.96 -34%
Shandong Fiberglass Group 605006 ¥16.75 ¥6.42 -62%
Ruentex Industries Ltd 2915 51.10 TWD 139.67 TWD +173%
Welspun Living Limited WELSPUNLIV ₹166.83 ₹43.43 -74%
Xinxiang Chemical Fiber Co 000949 ¥5.39 ¥2.03 -62%

Compare Shenzhou International Group 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

Frequently asked questions

Is Shenzhou International Group (2313) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of HK$75.65 versus a price of HK$42.74, about +77% (undervalued).
What is the fair value of 2313?
Our model-based fair value for Shenzhou International Group is HK$75.65 (as of Jul 18, 2026), built from audited fundamentals. The current price is HK$42.74.
What is the quality score of 2313?
Shenzhou International Group has a Quality Score of 51/100. 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 Shenzhou International Group (2313)?
Shenzhou International Group reported trailing-twelve-month revenue of about HK$31.0B (latest available figure, as of Jul 18, 2026).
What is the net profit margin of 2313?
The net profit margin of Shenzhou International Group is about 18.8%, meaning it keeps roughly 18.8% of revenue as net income. Based on the latest reported figures.
Does Shenzhou International Group pay a dividend?
Shenzhou International Group currently shows a dividend yield of about 5.26% relative to its recent price (as of Jul 18, 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.

14 days Pro free · no card

Track Shenzhou International Group 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.