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Shunya International Martech (Beijing) Co (300612) Fair Value & Analysis

Communication Services · CN · Market cap 2.2B CNY

SI Shunya International Martech (Beijing) Co 300612 · SHE
Price¥12.51
Fair Value¥6.15
Upside-50.8%
Quality58/100
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Weak Growth
Loss-making · -31.5% net margin
Low debt · generates free cash flow
Trails peers (4/11)
Narrow moat 12/100
Evidence: Low Range ¥4.43 – ¥7.87 Share as image

Fair value as of: Jul 9, 2026

From 7 valuation models · updated 32 days ago

Fair value updated Jul 9, 2026, revised from ¥8.50 to ¥6.15 (−27.6%) since Jun 24, 2026. Share price +11.2% over the past month.

A solid business, but screening 51% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥7.87). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥36.83 ¥10.08 Fair Value ¥6.15 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 9, 2026.

How to read this chart

60‑month range ¥10.08 – ¥36.83 · fair‑value band ¥4.43 – ¥7.87 · the ¥12.51 price screens above the ¥6.15 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Shunya International Martech (Beijing) Co (300612) currently trades at ¥12.51, while our model-based Fair Value estimate is ¥6.15, implying the stock looks roughly 50.8% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Communication Services 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: low).

Over the trailing twelve months, Shunya International Martech (Beijing) Co generated revenue of 280M CNY at a net margin of -31.5%. Revenue declined 61.8% year over year. It earns a return on equity of -19.7%. The balance sheet holds a net cash position of 77.0M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥4.43 (bear case) to ¥7.87 (bull case); at ¥12.51, 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 51% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -1% fair-value upside, at -51%, 300612 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.

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
Growth DCF ¥7.49 ¥9.53 ¥12.91 80
Rev-Margin DCF ¥5.97 ¥7.88 ¥10.26 74
NCAV (Graham) ¥1.21 ¥1.63 ¥2.43 50
All 7 models by family
DCF Models
FCF DCF ¥7.24 ¥9.36 ¥13.17 38
5Y Revenue Exit ¥5.97 ¥7.74 ¥10.31 39
10Y Revenue Exit ¥6.34 ¥7.68 ¥9.10 36
Multiples
EV/Revenue ¥5.45 ¥7.17 ¥8.89 43
Asset-Based
NCAV (Graham) ¥1.21 ¥1.63 ¥2.43 50
Growth DCF
Growth DCF ¥7.49 ¥9.53 ¥12.91 80
Rev-Margin DCF ¥5.97 ¥7.88 ¥10.26 74

Widest divergence: Growth DCF (¥7.88) versus Asset-Based (¥1.63). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 280M CNY
Revenue growth (YoY) -61.8%
Net margin -31.5%
Return on equity -19.7%
Free cash flow 115M CNY FY2025
Operating margin -46.1%
More key figures
EPS (TTM) ¥-0.4900
EPS growth (YoY) +102%
Net cash 77.0M CNY FY2024

Figures from reported company fundamentals · as of Jul 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 64 · Market factors (momentum, volatility) 21

Profitability 15
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 51
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 43
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

Shunya International Martech (Beijing) Co., Ltd., together with its subsidiaries, provides digital marketing services, digital advertising services, and data technology product services in China.

Full company description

Shunya International Martech (Beijing) Co., Ltd., together with its subsidiaries, provides digital marketing services, digital advertising services, and data technology product services in China. The company offers brand strategy, big data analysis, content marketing, media placement, overseas marketing, full-staff marketing, KOX system operation, and other aspects of digital marketing services to the automotive, internet information technology and TI communications, finance, retail, manufacturing, fast-moving consumer goods, culture, energy, and other industries. It also provides digital advertising services, such as internet platform advertising media procurement, brand planning, effect optimization, short video creativity, content production, technical support, and other services under the Bytedance brand. In addition, the company offers data technology products, including SaaS products and operation services. Further, it engages in management and planning activities. The company was formerly known as Shunya International Brand Consulting (Beijing) Co., Ltd. and changed its name to Shunya International Martech (Beijing) Co., Ltd. in May 2019. Shunya International Martech (Beijing) Co., Ltd. was founded in 2007 and is based in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shunya International Martech (Beijing) Co reported revenue of ¥350M in FY2025 versus ¥917M in FY2021, a compound −21.4%/yr. Reported net income was −¥72.5M in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
350M CNY
Latest YoY
−48.8%
Avg. 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.
−31.9%
Avg. 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.
−10.8%
Avg. growth/yr (13Y) 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%
Revenue −21.4%/yr
FY21 ¥917M
FY22 ¥1.1B
FY23 ¥1.0B
FY24 ¥683M
FY25 ¥350M
Net income
FY21 ¥9.8M
FY22 ¥53.5M
FY23 −¥78.5M
FY24 −¥35.1M
FY25 −¥72.5M

300612 screens 51% overvalued. Compare with AppLovin Corporation →

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Cite: Fair Value Calculator (2026). "Shunya International Martech (Beijing) Co Fair Value". https://www.fairvalue-calculator.com/stock/300612

Peer Group

Advertising Agencies · 199 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 58 · Above median
Fair Value upside −51% · Below median
Return on assets -4% · Bottom 25%
Net margin (TTM) -31% · Bottom 25%
Operating margin (TTM) -46% · Bottom 25%
Revenue growth -62% · Bottom 25%

Valuation Multiples vs Advertising Agencies median · lower = cheaper

P/B 0.75× · Cheaper than median
P/S (TTM) 1.18× · Pricier than median
P/FCF 2.9× · 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 0 · sector 19
FUTURE 0 · sector 8
PAST 0 · sector 7
HEALTH 100 · sector 98
DIVIDEND 0 · sector 66

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Advertising Agencies stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $506.98 $181.37 -64%
Publicis Groupe S.A PUB €87.16 €146.36 +68%
Omnicom Group OMC $80.75 $99.84 +24%
Focus Media Information Technology Co 002027 ¥5.00 ¥4.08 -18%
The Trade Desk, Inc TTD $19.37 $20.76 +7%
BlueFocus Intelligent Communications Group 300058 ¥13.81 ¥1.50 -89%
JCDecaux SE DEC €21.28 €20.99 -1%
WPP plc WPP $18.13 $18.56 +2%
Easy Click Worldwide Network Technology Co 301171 ¥28.85 ¥5.62 -81%
Mobvista Inc 1860 HK$11.15 HK$6.43 -42%

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Frequently asked questions

Is Shunya International Martech (Beijing) Co (300612) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥6.15 versus a price of ¥12.51, about −51% (overvalued).
What is the fair value of 300612?
Our model-based fair value for Shunya International Martech (Beijing) Co is ¥6.15 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥12.51.
What is the quality score of 300612?
Shunya International Martech (Beijing) Co has a Quality Score of 58/100. 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 Shunya International Martech (Beijing) Co (300612)?
Shunya International Martech (Beijing) Co reported trailing-twelve-month revenue of about 280M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300612?
The net profit margin of Shunya International Martech (Beijing) Co is about -31.5%, 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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