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Shanxi Lanhua Sci-Tech Venture Co (600123) Fair Value & Analysis

Energy · CN · Market cap 10.3B CNY

SL Shanxi Lanhua Sci-Tech Venture Co 600123 · SHG
Price¥5.80
Fair Value¥8.97
Upside+54.7%
Quality30/100
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Evidence: Low Range ¥3.82 – ¥8.97

Fair value as of: Jul 11, 2026

From 4 valuation models · updated today

Fair value updated Jul 11, 2026 — revised from ¥18.49 to ¥8.97 (−51.5%) since Jun 24, 2026. Share price −13.8% over the past month.

Price vs Fair Value (12 months)

¥7.54 ¥5.60 Fair Value ¥8.97 Jun 2025 Jul 2026

12‑month range ¥5.60 – ¥7.54 · fair‑value band ¥3.82 – ¥8.97 · the ¥5.80 price screens below the ¥8.97 fair value. As of Jul 11, 2026.

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Analysis

Shanxi Lanhua Sci-Tech Venture Co (600123) currently trades at ¥5.80, while our model-based Fair Value estimate is ¥8.97 — implying the stock looks roughly 54.7% undervalued today. We read business quality at 30/100 (below-average quality), in the Energy 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: low) — always confirm before acting.

Over the trailing twelve months, Shanxi Lanhua Sci-Tech Venture Co generated revenue of 8.4B CNY at a net margin of -7.2%. Revenue grew 9.9% year over year. It earns a return on equity of -6.0%. Net debt stands at 7.7B CNY. Fundamentals as of Jul 11, 2026

Our scenario range runs from ¥3.82 (bear case) to ¥8.97 (bull case); at ¥5.80, the current price sits within that range. The share trades about 24% below its 52-week high, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -14% fair-value upside — at 55%, 600123 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 8.4B CNY
Revenue growth (YoY) +9.9%
Net margin -7.2%
Return on equity -6.0%
Free cash flow −8.5B CNY FY2025
Operating margin 3.7%
More key figures
EPS (TTM) ¥-0.4100
EPS growth (YoY) -94.2%
Net debt 7.7B CNY FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 11, 2026. TTM = trailing twelve months.

About the company

Shanxi Lanhua Sci-Tech Venture Co.,Ltd produces and sells coal. It also offers coal chemicals, urea, dimethyl ether, ammonium sulfate, and caprolactam. The company was founded in 1998 and is headquartered in Jincheng, China.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shanxi Lanhua Sci-Tech Venture Co reported revenue of ¥8.1B in FY2025 versus ¥12.9B in FY2021, a compound −10.9%/yr. Reported net income was −¥540M in FY2025.

Revenue −10.9%/yr
FY21 ¥12.9B
FY22 ¥14.2B
FY23 ¥13.3B
FY24 ¥11.7B
FY25 ¥8.1B
Net income
FY21 ¥2.4B
FY22 ¥3.2B
FY23 ¥2.1B
FY24 ¥718M
FY25 −¥540M

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Cite: Fair Value Calculator (2026). "Shanxi Lanhua Sci-Tech Venture Co Fair Value". https://www.fairvalue-calculator.com/stock/600123

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Frequently asked questions

Is Shanxi Lanhua Sci-Tech Venture Co (600123) undervalued?
As of Jul 11, 2026, our model estimates a fair value of ¥8.97 versus a price of ¥5.80 — about +55% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 600123?
Our model-based fair value for Shanxi Lanhua Sci-Tech Venture Co is ¥8.97 (as of Jul 11, 2026), built from audited fundamentals. The current price is ¥5.80.
What is the quality score of 600123?
Shanxi Lanhua Sci-Tech Venture Co has a Quality Score of 30/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shanxi Lanhua Sci-Tech Venture Co (600123)?
Shanxi Lanhua Sci-Tech Venture Co reported trailing-twelve-month revenue of about 8.4B CNY (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 600123?
The net profit margin of Shanxi Lanhua Sci-Tech Venture Co is about -7.2%, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.