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Hualan Group (301027) Fair Value & Analysis

Industrials · CN · Market cap 2.8B CNY

HG Hualan Group 301027 · SHE
Price¥20.95
Fair Value¥19.46
Upside-7.1%
Quality46/100
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Weak Growth
Loss-making · -4.9% net margin
Low debt · negative free cash flow
Trails peers (3/11)
Narrow moat 11/100
Evidence: Low Range ¥15.01 – ¥23.91 Share as image

Fair value as of: Jul 9, 2026

From 6 valuation models · updated 32 days ago

Fair value updated Jul 9, 2026, revised from ¥19.74 to ¥19.46 (−1.4%) since Jun 24, 2026. Share price +7.0% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

¥33.50 ¥6.05 Fair Value ¥19.46 Jul 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 ¥6.05 – ¥33.50 · fair‑value band ¥15.01 – ¥23.91 · the ¥20.95 price screens above the ¥19.46 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Hualan Group (301027) currently trades at ¥20.95, while our model-based Fair Value estimate is ¥19.46, implying the stock looks roughly 7.1% fairly valued today. The Quality Score stands at 46/100 (below-average quality), in the Industrials 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, Hualan Group generated revenue of 696M CNY at a net margin of -4.9%. Revenue declined 28.2% year over year. It earns a return on equity of -3.5%. The balance sheet holds a net cash position of 243M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥15.01 (bear case) to ¥23.91 (bull case); at ¥20.95, the current price sits within 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 51% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -7%, 301027 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 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
ROIC Compounder ¥10.79 ¥12.51 ¥14.22 72
EPV ¥10.79 ¥12.17 ¥13.35 59
EV/EBITDA ¥15.44 ¥19.90 ¥24.35 54
All 6 models by family
Earnings-Based
EPV ¥10.79 ¥12.17 ¥13.35 59
Multiples
EV/EBIT ¥15.65 ¥20.18 ¥24.70 53
EV/EBITDA ¥15.44 ¥19.90 ¥24.35 54
EV/Revenue ¥8.28 ¥10.94 ¥13.60 43
Asset-Based
NCAV (Graham) ¥3.09 ¥4.14 ¥6.17 50
Economic Profit
ROIC Compounder ¥10.79 ¥12.51 ¥14.22 72

Widest divergence: Multiples (¥19.90) versus Asset-Based (¥4.14). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 696M CNY
Revenue growth (YoY) -28.2%
Net margin -4.9%
Return on equity -3.5%
Free cash flow −37.7M CNY FY2025
Operating margin -9.7%
More key figures
EPS (TTM) ¥-0.2400
EPS growth (YoY) -75.1%
Net cash 243M CNY FY2024

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 47 · Market factors (momentum, volatility) 45

Profitability 11
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 14
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 68
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 93
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

Hualan Group Co., Ltd. provides integrated services in the field of urban and rural construction in China. It offers land status, functional planning, building design and construction services; and technical services, such as investment consulting, project planning, cost consulting, engineering design, project management, project general contracting …

Full company description

Hualan Group Co., Ltd. provides integrated services in the field of urban and rural construction in China. It offers land status, functional planning, building design and construction services; and technical services, such as investment consulting, project planning, cost consulting, engineering design, project management, project general contracting management, project supervision, and operation and maintenance consulting. Hualan Group Co., Ltd. was founded in 1953 and is headquartered in Nanning, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hualan Group reported revenue of ¥723M in FY2025 versus ¥1.2B in FY2021, a compound −11.0%/yr. Reported net income was −¥35.1M in FY2025.

Growth Quality 6/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
723M CNY
Latest YoY
+19.5%
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.
−5.1%
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.
−7.9%
Avg. growth/yr (8Y) 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.
−1.4%
Revenue −11.0%/yr
FY21 ¥1.2B
FY22 ¥845M
FY23 ¥701M
FY24 ¥605M
FY25 ¥723M
Net income
FY21 ¥128M
FY22 ¥54.7M
FY23 ¥19.8M
FY24 −¥13.8M
FY25 −¥35.1M

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Cite: Fair Value Calculator (2026). "Hualan Group Fair Value". https://www.fairvalue-calculator.com/stock/301027

Peer Group

Engineering & Construction · 839 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 46 · Below median
Fair Value upside −7% · Above median
Return on assets -0% · Bottom 25%
Net margin (TTM) -5% · Bottom 25%
Operating margin (TTM) -10% · Bottom 25%
Revenue growth -28% · Bottom 25%
Debt / equity 0.20× · Higher than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/B 0.47× · Cheaper than median
P/S (TTM) 0.61× · Pricier than median
EV/EBITDA 4.3× · Cheaper 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.

VALUE 24 · sector 16
FUTURE 0 · sector 17
PAST 0 · sector 26
HEALTH 90 · sector 94
DIVIDEND 0 · sector 33

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is Hualan Group (301027) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥19.46 versus a price of ¥20.95, about −7% (fairly valued).
What is the fair value of 301027?
Our model-based fair value for Hualan Group is ¥19.46 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥20.95.
What is the quality score of 301027?
Hualan Group has a Quality Score of 46/100. 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 Hualan Group (301027)?
Hualan Group reported trailing-twelve-month revenue of about 696M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301027?
The net profit margin of Hualan Group is about -4.9%, 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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