China CSSC Holdings Ltd (600150) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of China CSSC Holdings Ltd stock ¥19.07, price ¥35.38, that is 46.1% below the price, quality 36 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range ¥14.61 – ¥43.30 · fair‑value band ¥13.69 – ¥24.79 · the ¥35.38 price screens above the ¥19.07 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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China CSSC Holdings Limited engages in the shipbuilding and repair businesses in China. It also offers ship and electromechanical equipment; and provides marine engineering services. China CSSC Holdings Limited was founded in 1998 and is based in Shanghai, China.
Stock analysis
China CSSC Holdings Ltd (600150) currently trades at ¥35.38, while our model-based Fair Value estimate is ¥19.07, 46% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ¥27.23 per share, and 3 of the 26 models we run sit above the ¥35.38 price.
Bear case: the Dividend Discount group reads lowest at ¥2.77, and 23 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥13.69 (bear) to ¥24.79 (bull), the price of ¥35.38 sits above 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 36/100 (below-average quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
China CSSC Holdings Ltd reported revenue of 152B CNY in FY2025 versus 59.7B CNY in FY2021, a compound +26.3%/yr. Reported net income was 7.8B CNY in FY2025, compounding +146.1%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 266B CNY (≈ $40.0B) Large · P/E ratio 17.3 · P/S ratio 2.03 · EPS (TTM) ¥2.04 · Dividend yield 2.3% · Net margin 8.8% · Return on equity 11.1% · Return on assets (EBIT) 1.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 15% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −26% fair-value upside, at −46%, 600150 screens richer than that median.
Fair Value models
Bear¥13.69Fair Value ¥19.07Bull¥24.79
Price ¥35.38 · Downside -46.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥1.03 per share) are deliberately not added.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.Coverage ⓘCoverage = 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.
Best data coverage
FCF DCF¥19.55¥25.19¥36.2180
Growth DCF¥19.40¥24.55¥33.3278
Owner Earnings¥20.45¥27.23¥39.4376
All 26 models by family
DCF Models
FCF DCF¥19.55¥25.19¥36.2180
Owner Earnings¥20.45¥27.23¥39.4376
5Y Revenue Exit¥19.47¥25.00¥32.7773
5Y EBITDA Exit¥22.18¥30.86¥42.2775
5Y P/E Exit¥25.65¥38.40¥53.7970
10Y Revenue Exit¥19.22¥24.53¥33.2567
10Y EBITDA Exit¥21.24¥28.86¥41.4368
10Y P/E Exit¥23.54¥34.44¥51.3663
Earnings-Based
Graham-Dodd¥7.09¥38.79¥53.8063
Lynch FV¥10.78¥15.40¥20.0261
PEG = 1.0¥10.78¥15.40¥20.0257
EPV¥18.79¥19.70¥20.4873
Dividend Discount
Gordon GGM¥1.61¥3.22¥4.8966
DDM Multi-Stage¥1.61¥2.77¥3.3967
Multiples
P/E Multiple¥16.43¥21.90¥27.3863
P/S Multiple¥13.30¥17.73¥22.1657
P/B Multiple¥32.70¥43.60¥54.5055
EV/EBIT¥13.96¥16.91¥19.8665
EV/EBITDA¥16.10¥19.77¥23.4367
EV/Revenue¥11.43¥14.14¥16.8453
Asset-Based
NCAV (Graham)¥5.64¥8.55¥10.6854
Growth DCF
Growth DCF¥19.40¥24.55¥33.3278
Rev-Margin DCF¥19.47¥24.78¥32.0373
Economic Profit
Residual Income¥14.55¥14.71¥15.7076
ROIC Compounder¥18.79¥20.54¥22.4671
Growth Earnings
Growth-Adj P/E¥15.71¥22.44¥29.1767
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+93.4%
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.
+36.7%
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.
+22.4%
Start year 2020 (pandemic). Over 10 years: +18.5% a year
Revenue growth 30 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.
+21.3%
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’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+86.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+84.4%
Dividend (yield on the price)2.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 71.6% / 40.4%
Profit margin 2020 to 2025 ⓘ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.0% → 5%
2025 sits 58% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+27.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+14.6%
Yearly sales growth analysts expect, extended to five years.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +24.9% a year for the price and +12.7% for the forecasts.
AI conclusion: Profit growth from higher civilian vessel deliveries and improved order mix forms the main strength, while low profitability margins limit pricing power and indicate competitive pressure.
Main risk: US Section 301 actions and potential port fees targeting Chinese shipbuilders due to military-civil fusion could deter Western customers or raise compliance costs for CSSC's export orders.
The company has delivered strong profit growth through higher civilian vessel deliveries and a better mix of orders in its backlog. Yet its share price has trailed the multi-year surge in earnings by a wide margin. Will the momentum from high-value contracts hold up against the long cycles and cyclical risks typical of shipbuilding?
Compare China CSSC Holdings Ltd with another stock
Price, fair value, quality and upside side by side.
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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.Aerospace & Defense · 240 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score36 · Bottom 25%
Fair Value upside−46.1% · Below median
Profitability
Return on equity (12 months)11.1% · Above median
Return on assets2.5% · Below median
Net margin (12 months)11.8% · Above median
Operating margin (12 months)9.4% · Below median
Growth and dividend
Revenue growth (quarter YoY)13.9% · Above median
Dividend yield (12 months)2.3% · Top 25%
Balance sheet
Debt / equity0.10× · Below median
Valuation Multiplesvs Aerospace & Defense median · lower = cheaper
P/E (12 months)17.3× · Cheapest 25%
P/B1.86× · Cheaper than median
P/S (12 months)2.03× · Cheaper than median
Price / free cash flow82.5× · Priciest 25%
EV/EBITDA9.8× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)70· sector 63
PAST (return on equity)44· sector 40
HEALTH (low debt)95· sector 94
DIVIDEND (yield)47· sector 18
VALUE 0: the price sits above our fair-value range.
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.
Is China CSSC Holdings Ltd (600150) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of ¥19.07 versus a price of ¥35.38, about 46% lower (overvalued).
What is the fair value of 600150?
Our model-based fair value for China CSSC Holdings Ltd is ¥19.07 (as of Nov 6, 2026), built from audited fundamentals. The current price: ¥35.38.
What is the quality score of 600150?
China CSSC Holdings Ltd has a Quality Score of 36/100. 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 China CSSC Holdings Ltd (600150)?
Our model-based price target is the fair value of ¥19.07 (as of Nov 6, 2026) from 26 valuation models. Cautious scenario ¥13.69, optimistic scenario ¥24.79. It is a calculation from audited fundamentals, not an analyst target.
What is the China CSSC Holdings Ltd stock forecast for 2026?
Our models put fair value at ¥19.07, about 46% lower versus a price of ¥35.38 (overvalued). Cautious scenario ¥13.69, optimistic scenario ¥24.79. The calculation is refreshed regularly with new filings.
What is the revenue of China CSSC Holdings Ltd (600150)?
China CSSC Holdings Ltd reported trailing-twelve-month revenue of about 176B CNY (latest available figure, as of Nov 6, 2026).
Does China CSSC Holdings Ltd pay a dividend?
China CSSC Holdings Ltd currently shows a dividend yield of 2.35% relative to its recent price (as of Nov 6, 2026).
What growth is priced into China CSSC Holdings Ltd (600150)?
For today's price to be fair in a discounted-cash-flow model, China CSSC Holdings Ltd would have to grow free cash flow by +27.0 % per year for five years (discount rate 9.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +22.4 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 600150 use?
Our models discount China CSSC Holdings Ltd at 9.5 %: a base by market capitalisation (large), damped by beta 0.82, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For China CSSC Holdings Ltd that is +27.0 % per year a year over ten years, using the same discount rate (9.5 %) and the same formula as our fair value.
How much growth has China CSSC Holdings Ltd (600150) delivered so far?
Over the past 5 years revenue at China CSSC Holdings Ltd grew +22.4 % a year. The price currently implies +27.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of China CSSC Holdings Ltd (600150) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into China CSSC Holdings Ltd (+27.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of China CSSC Holdings Ltd (600150)?
The free-cash-flow yield on the price is 1.62 %: that much free cash flow China CSSC Holdings Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of China CSSC Holdings Ltd (600150)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For China CSSC Holdings Ltd it is ¥19.07 per share (as of Nov 6, 2026), against a price of ¥35.38. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is China CSSC Holdings Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 600150 trades above its calculated fair value: price ¥35.38, fair value ¥19.07, a gap of about −46% (overvalued). 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 600150?
No. The price is what the market pays today (¥35.38); the fair value is what the company's own numbers justify (¥19.07). For China CSSC Holdings Ltd the two are ¥16.31 per share apart. That gap is exactly why we show both numbers side by side.
How much is China CSSC Holdings Ltd worth?
The market values China CSSC Holdings Ltd at about 266B CNY (market capitalisation, as of Nov 6, 2026). Per share that is ¥35.38; our models calculate a fair value of ¥19.07 per share.
What do the bullish and bearish scenarios say about 600150?
Our models span a range for China CSSC Holdings Ltd: cautious scenario ¥13.69, base ¥19.07, optimistic ¥24.79 per share (as of Nov 6, 2026, price ¥35.38). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600150?
China CSSC Holdings Ltd trades at a price-to-earnings ratio of 17.3 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥19.07 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 28.5 (reported for FY2025: 26.7). Median P/E at fiscal year-end, 8 fiscal years (2018 to 2025), reported earnings, FY2025 ex one-offs: 44.5. Other multiples: P/B 1.9, P/S 2.0, EV/EBITDA 9.8.
How solid is the balance sheet of China CSSC Holdings Ltd (600150)?
Balance-sheet figures for China CSSC Holdings Ltd (as of Nov 6, 2026): return on equity 11.1%, debt of 0.10 per unit of equity. They feed the Quality Score of 36/100, which measures business quality independently of the share price.
How far is 600150 from its 52-week high?
China CSSC Holdings Ltd trades at ¥35.38, about 15% below its 52-week high of ¥41.77 and 16% above the low of ¥30.51 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of ¥19.07 is for.
Which stocks are comparable to China CSSC Holdings Ltd?
From the same area (Industrials) we also value General Electric Company, RTX Corporation, Airbus SE, Safran SA, 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 China CSSC Holdings Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price ¥35.38, calculated fair value ¥19.07 (−46%), Quality Score 36/100, from 26 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 600150 calculated?
We run China CSSC Holdings Ltd through 26 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 ¥19.07, 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 15.6% above its aggregate fair value. China CSSC Holdings Ltd itself currently trades above fair value. 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 China CSSC Holdings Ltd (600150)?
The closing price on Nov 5, 2026 was ¥35.38. Our model-based fair value is ¥19.07, about 46% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with China CSSC Holdings Ltd right now?
The price sits above even our optimistic bull case (¥24.79). The favourable scenario is already priced in. Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (¥13.69 to ¥24.79) leaves room in how you read the outcome.
Key figures of China CSSC Holdings Ltd
How large is the market capitalisation of China CSSC Holdings Ltd (600150)?
The market capitalisation of China CSSC Holdings Ltd is 266B CNY (≈ $40.0B). 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 China CSSC Holdings Ltd (600150)?
The price-to-sales ratio of China CSSC Holdings Ltd is 2.03 (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 China CSSC Holdings Ltd (600150)?
Earnings per share at China CSSC Holdings Ltd are ¥2.04 (price ÷ EPS = P/E 17.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of China CSSC Holdings Ltd (600150)?
The dividend yield of China CSSC Holdings Ltd is 2.3% (payout 43.4%, on adjusted earnings, reported 40.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of China CSSC Holdings Ltd (600150)?
The net margin of China CSSC Holdings Ltd is 8.8% (last twelve months). 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 China CSSC Holdings Ltd (600150)?
The return on equity (ROE) of China CSSC Holdings Ltd is 11.1% (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 China CSSC Holdings Ltd (600150)?
On an EBIT basis the return on assets of China CSSC Holdings Ltd is 1.2% (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 China CSSC Holdings Ltd (600150)?
The operating margin of China CSSC Holdings Ltd is 9.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at China CSSC Holdings Ltd (600150)?
Revenue at China CSSC Holdings Ltd is growing +13.9% versus a year earlier (3y avg +36.7%). 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 China CSSC Holdings Ltd (600150)?
Earnings per share at China CSSC Holdings Ltd are growing +32.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does China CSSC Holdings Ltd (600150) hold?
China CSSC Holdings Ltd holds more cash than debt, 51.5B CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 6, 2026