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Shanghai Construction Group (600170) Fair Value & Analysis

Industrials · CN · Market cap 21.5B CNY

SC Shanghai Construction Group 600170 · SHG
Price¥2.23
Fair Value¥4.16
Upside+86.5%
Quality43/100
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Evidence: High Range ¥2.19 – ¥4.16

Fair value as of: Jul 11, 2026

From 26 valuation models · updated today

Fair value updated Jul 11, 2026 — revised from ¥12.18 to ¥4.16 (−65.8%) since Jun 24, 2026. Share price −5.8% over the past month.

Price vs Fair Value (12 months)

¥3.79 ¥2.17 Fair Value ¥4.16 Jun 2025 Jul 2026

12‑month range ¥2.17 – ¥3.79 · fair‑value band ¥2.19 – ¥4.16 · the ¥2.23 price screens below the ¥4.16 fair value. As of Jul 11, 2026.

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Analysis

Shanghai Construction Group (600170) currently trades at ¥2.23, while our model-based Fair Value estimate is ¥4.16 — implying the stock looks roughly 86.5% undervalued today. We read business quality at 43/100 (below-average quality), in the Industrials 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: high) — always confirm before acting.

Over the trailing twelve months, Shanghai Construction Group generated revenue of 215B CNY at a net margin of 0.7%. Revenue grew 21.8% year over year. It earns a return on equity of 2.1%. The balance sheet holds a net cash position of 39.6B CNY. Fundamentals as of Jul 11, 2026

Our scenario range runs from ¥2.19 (bear case) to ¥4.16 (bull case); at ¥2.23, the current price sits within that range. The share trades about 43% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -19% fair-value upside — at 87%, 600170 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 215B CNY
Revenue growth (YoY) +21.8%
Net margin 0.7%
Return on equity 2.1%
Free cash flow 4.8B CNY FY2025
P/E ratio 24.2
More key figures
Operating margin 2.0%
EPS (TTM) ¥0.1000
Dividend yield 1.5%
EPS growth (YoY) -95.9%
Net cash 39.6B CNY FY2024

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

About the company

Shanghai Construction Group Co., Ltd. operates as a construction company in China and internationally. It is involved in the contracting, design, infrastructure projects, specialized engineering projects, architectural decoration, and construction and surveying design services; and real estate development, sales, leasing, and property management, as well as engages in the production and sales of concrete and precast components, steel structures, and other products. The company also engages in urban infrastructure investment and construction; sale of complete equipment and other goods; gold mining; and engineering project management consulting, labor dispatch and other related services. In addition, it is involved in building construction, building materials industry, urban construction investment, urban renewal, ecological and environmental services, water resources and water affairs, industrialized construction, stone mining, and photovoltaic power station business. Shanghai …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shanghai Construction Group reported revenue of ¥206B in FY2025 versus ¥281B in FY2021, a compound −7.5%/yr. Reported net income was ¥1.2B in FY2025, compounding −24.3%/yr from FY2021.

Revenue −7.5%/yr
FY21 ¥281B
FY22 ¥286B
FY23 ¥305B
FY24 ¥300B
FY25 ¥206B
Net income −24.3%/yr
FY21 ¥3.8B
FY22 ¥1.4B
FY23 ¥1.6B
FY24 ¥2.2B
FY25 ¥1.2B

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Cite: Fair Value Calculator (2026). "Shanghai Construction Group Fair Value". https://www.fairvalue-calculator.com/stock/600170

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LTOD $0.4110 $0.0100 -98%
Samsung C&T Corporation 028260 520,000 KRW 268,469 KRW -48%
China State Construction Engineering Corporation 601668 ¥4.65 ¥17.35 +273%
TopBuild Corp BLD 7,547 MXN 3,472 MXN -54%
Hyundai Engineering & Construction Co 000720 130,300 KRW 55,602 KRW -57%
United Integrated Services Co 2404 1,260 TWD 1,431 TWD +14%
Samsung E&A Co 028050 49,900 KRW 44,927 KRW -10%
Daewoo Engineering & Construction Co 047040 21,750 KRW 18,915 KRW -13%
L&K Engineering Co 6139 808.00 TWD 657.83 TWD -19%
Rail Vikas Nigam Limited RVNL ₹235.61 ₹14.53 -94%

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Frequently asked questions

Is Shanghai Construction Group (600170) undervalued?
As of Jul 11, 2026, our model estimates a fair value of ¥4.16 versus a price of ¥2.23 — about +87% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 600170?
Our model-based fair value for Shanghai Construction Group is ¥4.16 (as of Jul 11, 2026), built from audited fundamentals. The current price is ¥2.23.
What is the quality score of 600170?
Shanghai Construction Group has a Quality Score of 43/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shanghai Construction Group (600170)?
Shanghai Construction Group reported trailing-twelve-month revenue of about 215B CNY (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 600170?
The net profit margin of Shanghai Construction Group is about 0.7%, meaning it keeps roughly 0.7% of revenue as net income. Based on the latest reported figures.
Does Shanghai Construction Group pay a dividend?
Shanghai Construction Group currently shows a dividend yield of about 1.48% relative to its recent price (as of Jul 11, 2026).

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.