EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Xinji Shaxi Group Co Ltd (3603) fair value: what the stock is really worth

As of Sep 30, 2026: fair value of Xinji Shaxi Group Co Ltd HK$0.17, price HK$0.08, upside +105.3%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
  3. Add to watchlist

Real Estate · HK · ISIN KYG9830L1032

XS Thin data Sep 29, 2026

Xinji Shaxi Group Co Ltd

3603 · HK

Clearly undervaluedStrong Fair Value upside, but quality is only moderate.

✓Fair value HK$0.1663 · Strongly undervalued (+105.3%)
✓Quality 61/100
!Weak Growth (revenue 5y −5.7 %/yr)
!Loss-making · -12.9% net margin (TTM)
✓Low debt · generates free cash flow
✓Ranks above peers (7/10)
!Narrow moat 37/100
!Evidence only low, so the estimate is less certain
Watch Xinji Shaxi Group Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

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

Price vs Fair Value

HK$1.50 HK$0.0370 Fair Value HK$0.1663 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.

How to read this chart

60‑month range HK$0.0370 – HK$1.50 · fair‑value band HK$0.1540 – HK$0.1879 · the HK$0.0810 price screens below the HK$0.1663 fair value. Dashed = 300-day average. As of Sep 29, 2026.

Follow Xinji Shaxi Group Co in your weekly email

Every Wednesday you see whether Xinji Shaxi Group Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

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

Company profile

Xinji Shaxi Group Co., Ltd, an investment holding company, engages in operating and managing hospitality supplies and home furnishing shopping malls in the People's Republic of China. It operates in two segments, Property Leasing and Property Management Services.

Show more

Xinji Shaxi Group Co., Ltd, an investment holding company, engages in operating and managing hospitality supplies and home furnishing shopping malls in the People's Republic of China. It operates in two segments, Property Leasing and Property Management Services. The company also sells hospitality products and home furnishings through online shopping mall; and provides business management service to other shopping malls. In addition, it provides property management services to tenants and apartment properties. Further, the company manages owned/leased portfolio shopping mall, subleasing apartments, property management projects, and online shopping mall; provides exhibition management services; and engages in online trading activities. The company was founded in 2002 and is headquartered in Guangzhou, China.

Stock analysis

Xinji Shaxi Group Co Ltd (3603) currently trades at HK$0.0810, while our model-based Fair Value estimate is HK$0.1663, implying the stock looks roughly 51.3% undervalued today.

Show more

Valuation

Bull case: the DCF Models group reads highest at a median of HK$0.9400 per share, and 11 of the 11 models we run sit above the HK$0.0810 price.

Bear case: the Asset-Based group reads lowest at HK$0.6000, and 0 of the 11 models stay below the price. Evidence for this calculation is low.

Scenario range: HK$0.1540 (bear) to HK$0.1879 (bull), the price of HK$0.0810 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 61/100 (solid quality), in the Real Estate sector.

Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.

Xinji Shaxi Group Co Ltd reported revenue of 215M CNY in FY2025 versus 297M CNY in FY2021, a compound −7.8%/yr. Reported net income was −27.7M CNY in FY2025.

Key figures

Market cap HK$121M (≈ $15.4M) · P/S ratio 0.58 · EPS (TTM) HK$−0.0200 · Net margin −12.9% · Return on equity −2.4% · Return on assets (EBIT) −3.6% · Operating margin 60.0% · Revenue (TTM) 215M CNY.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).

What moves the price

The share trades about 25% below its 52-week high and 108% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Real Estate peers we cover trades at −10% fair-value upside, at 105%, 3603 screens cheaper than that median.

Fair Value models

Bear HK$0.1540 Fair Value HK$0.1663 Bull HK$0.1879
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF HK$1.11 HK$1.41 HK$1.95 81
Growth DCF HK$1.14 HK$1.43 HK$1.92 80
5Y EBITDA Exit HK$0.7600 HK$0.8900 HK$1.06 77
All 11 models by family
DCF Models
FCF DCF HK$1.11 HK$1.41 HK$1.95 81
5Y Revenue Exit HK$0.7000 HK$0.7900 HK$0.9200 74
5Y EBITDA Exit HK$0.7600 HK$0.8900 HK$1.06 77
10Y Revenue Exit HK$0.8600 HK$0.9400 HK$1.01 68
10Y EBITDA Exit HK$0.8900 HK$1.00 HK$1.09 70
Multiples
EV/EBIT HK$0.5800 HK$0.6800 HK$0.7800 66
EV/EBITDA HK$0.5700 HK$0.6600 HK$0.7600 67
EV/Revenue HK$0.4500 HK$0.5200 HK$0.5900 54
Asset-Based
NCAV (Graham) HK$0.4500 HK$0.6000 HK$0.9000 54
Growth DCF
Growth DCF HK$1.14 HK$1.43 HK$1.92 80
Rev-Margin DCF HK$0.7000 HK$0.8100 HK$0.9300 74

Open the full fair value analysis →

Notify me when 3603 reaches fair value

Put 3603 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 61/100

Of which business quality 61 · Market factors (momentum, volatility) 63

Profitability 7
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 96
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 21
Calm price path (market factor)
Momentum 81
Price trend over the last 3–12 months (market factor)
52W Momentum 81
Distance to the 52-week high (market factor)
Net Issuance 83
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 23/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−15.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−10.3%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−5.7%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+0.3%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
41.3% (2020) → 10.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

Watch 3603, get fair value alerts →

Compare Xinji Shaxi Group Co Ltd with another stock

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

Free, no sign-up

Peer Groupⓘ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.Real Estate Services · 538 stocks

Beats the industry median on 7/9 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 63 · Top 25%
Fair Value upside +105.3% · Top 25%
Profitability
Return on assets 3.0% · Above median
Net margin (TTM) −12.9% · Bottom 25%
Operating margin (TTM) 60.0% · Top 25%
Growth and dividend
Revenue growth −21.3% · Bottom 25%
Balance sheet
Debt / equity 0.29× · Below median

Valuation Multiplesvs Real Estate Services median · lower = cheaper

P/S (TTM) 0.07× · Cheapest 25%
P/FCF 0.2× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 46
FUTURE (revenue growth)0 · sector 12
PAST (return on equity)0 · sector 16
HEALTH (low debt)85 · sector 83
DIVIDEND (yield)0 · sector 62

Context: sector, industry, market

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 Real Estate Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
CBRE Group CBRE $134.55 $91.06 −32%
KE Holdings 2423 HK$42.92 HK$17.16 −60%
Cellnex Telecom, S.A CLNX €23.99 €23.94 +0%
Swire Properties Limited 1972 HK$24.32 HK$13.39 −45%
Vonovia SE VNA €17.17 €36.55 +113%
Jones Lang LaSalle Incorporated JLL $321.91 $540.65 +68%
Wharf Real Estate Investment Company 1997 HK$30.54 HK$27.42 −10%
CoStar Group CSGP $26.95 $6.19 −77%
China Resources Mixc Lifestyle Services Limited 1209 HK$37.00 HK$56.36 +52%
CapitaLand Investment Limited 9CI 2.60 SGD 0.5600 SGD −78%

Explore undervalued stocks

More undervalued Real Estate stocks →

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

Try a ready-made strategy

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 screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
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.

Xinji Shaxi Group Co Ltd · Fair Value
HK$0.1663 +51%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Xinji Shaxi Group Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/3603

Frequently asked questions

Is Xinji Shaxi Group Co Ltd (3603) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of HK$0.1663 versus a price of HK$0.0810, about +105% upside (undervalued).
What is the fair value of 3603?
Our model-based fair value for Xinji Shaxi Group Co Ltd is HK$0.1663 (as of Sep 29, 2026), built from audited fundamentals. The current price: HK$0.0810.
What is the quality score of 3603?
Xinji Shaxi Group Co Ltd has a Quality Score of 61/100. 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 price target for Xinji Shaxi Group Co Ltd (3603)?
Our model-based price target is the fair value of HK$0.1663 (as of Sep 29, 2026) from 11 valuation models. Cautious scenario HK$0.1540, optimistic scenario HK$0.1879. It is a calculation from audited fundamentals, not an analyst target.
What is the Xinji Shaxi Group Co Ltd stock forecast for 2026?
Our models put fair value at HK$0.1663, about +105% upside versus a price of HK$0.0810 (undervalued). Cautious scenario HK$0.1540, optimistic scenario HK$0.1879. The calculation is refreshed regularly with new filings.
What is the revenue of Xinji Shaxi Group Co Ltd (3603)?
Xinji Shaxi Group Co Ltd reported trailing-twelve-month revenue of about 215M CNY (latest available figure, as of Sep 29, 2026).
What is the intrinsic value of Xinji Shaxi Group Co Ltd (3603)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Xinji Shaxi Group Co Ltd it is HK$0.1663 per share (as of Sep 29, 2026), against a price of HK$0.0810. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is Xinji Shaxi Group Co Ltd stock overvalued or undervalued in 2026?
As of Sep 29, 2026, 3603 trades below its calculated fair value: price HK$0.0810, fair value HK$0.1663, a gap of about +105% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 3603?
No. The price is what the market pays today (HK$0.0810); the fair value is what the company's own numbers justify (HK$0.1663). For Xinji Shaxi Group Co Ltd the two are HK$0.0853 per share apart. That gap is exactly why we show both numbers side by side.
How much is Xinji Shaxi Group Co Ltd worth?
The market values Xinji Shaxi Group Co Ltd at about HK$121M (market capitalisation, as of Sep 29, 2026). Per share that is HK$0.0810; our models calculate a fair value of HK$0.1663 per share.
What do the bullish and bearish scenarios say about 3603?
Our models span a range for Xinji Shaxi Group Co Ltd: cautious scenario HK$0.1540, base HK$0.1663, optimistic HK$0.1879 per share (as of Sep 29, 2026, price HK$0.0810). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Xinji Shaxi Group Co Ltd (3603)?
Balance-sheet figures for Xinji Shaxi Group Co Ltd (as of Sep 29, 2026): return on equity −2.4%, debt of 0.29 per unit of equity. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is 3603 from its 52-week high?
Xinji Shaxi Group Co Ltd trades at HK$0.0810, about 25% below its 52-week high of HK$0.1080 and 108% above the low of HK$0.0390 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of HK$0.1663 is for.
Which stocks are comparable to Xinji Shaxi Group Co Ltd?
From the same area (Real Estate) we also value CBRE Group, KE Holdings, Cellnex Telecom, S.A, Swire Properties Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Xinji Shaxi Group Co Ltd stock attractive at the current price?
The data as of Sep 29, 2026: price HK$0.0810, calculated fair value HK$0.1663 (+105%), Quality Score 61/100, from 11 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 3603 calculated?
We run Xinji Shaxi Group Co Ltd through 11 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of HK$0.1663, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. Xinji Shaxi Group Co Ltd currently trades 51 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Xinji Shaxi Group Co Ltd (3603)?
The closing price on Sep 30, 2026 was HK$0.0810. Our model-based fair value is HK$0.1663, about +105% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Xinji Shaxi Group Co Ltd right now?
The price is below even our cautious bear case (HK$0.1540). The market is more pessimistic than our downside scenario. 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 quality (61/100) at a price below fair value, the discount is the argument here, not the business quality. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Key figures of Xinji Shaxi Group Co Ltd

How large is the market capitalisation of Xinji Shaxi Group Co Ltd (3603)?
The market capitalisation of Xinji Shaxi Group Co Ltd is HK$121M (≈ $15.4M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Xinji Shaxi Group Co Ltd (3603)?
The price-to-sales ratio of Xinji Shaxi Group Co Ltd is 0.58 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Xinji Shaxi Group Co Ltd (3603)?
Earnings per share at Xinji Shaxi Group Co Ltd are HK$−0.0200. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Xinji Shaxi Group Co Ltd (3603)?
The net margin of Xinji Shaxi Group Co Ltd is −12.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Xinji Shaxi Group Co Ltd (3603)?
The return on equity (ROE) of Xinji Shaxi Group Co Ltd is −2.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Xinji Shaxi Group Co Ltd (3603)?
On an EBIT basis the return on assets of Xinji Shaxi Group Co Ltd is −3.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Xinji Shaxi Group Co Ltd (3603)?
The operating margin of Xinji Shaxi Group Co Ltd is 60.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Xinji Shaxi Group Co Ltd (3603)?
Revenue at Xinji Shaxi Group Co Ltd is growing −21.3% versus a year earlier (3y avg −10.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Xinji Shaxi Group Co Ltd (3603)?
Earnings per share at Xinji Shaxi Group Co Ltd are growing −71.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Xinji Shaxi Group Co Ltd (3603) generate?
The free cash flow of Xinji Shaxi Group Co Ltd is 75.3M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Xinji Shaxi Group Co Ltd (3603) carry?
The net debt of Xinji Shaxi Group Co Ltd is 302M CNY (fiscal year 2025, ≈ 4.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Xinji Shaxi Group Co Ltd in the live analysis

One click puts Xinji Shaxi Group Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.