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China Fortune Land Development Co (600340) Fair Value & Analysis

Real Estate · CN · Market cap 4.2B CNY

CF China Fortune Land Development Co 600340 · SHG
Price¥1.08
Fair Value¥3.15
Upside+191.7%
Quality25/100
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Weak Growth
Negative equity (buybacks among others) · negative free cash flow
Trails peers (3/9)
Narrow moat 5/100
Evidence: Low Range ¥2.36 – ¥3.94 Share as image

Fair value as of: Jun 23, 2026

From 3 valuation models · updated 48 days ago

Fair value updated Jun 23, 2026, revised from ¥3.35 to ¥3.15 (−6.0%) since Jun 15, 2026. Share price −8.5% over the past month.

Below-average quality, screening 192% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (25/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (¥2.36). 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.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

¥7.99 ¥1.01 Fair Value ¥3.15 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 23, 2026.

How to read this chart

60‑month range ¥1.01 – ¥7.99 · fair‑value band ¥2.36 – ¥3.94 · the ¥1.08 price screens below the ¥3.15 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jun 23, 2026.

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Analysis

China Fortune Land Development Co (600340) currently trades at ¥1.08, while our model-based Fair Value estimate is ¥3.15, implying the stock looks roughly 191.7% undervalued today. The Quality Score stands at 25/100 (below-average quality), in the Real Estate 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.

Trailing-twelve-month revenue stands at 8.3B CNY. Revenue declined 27.5% year over year. Net debt stands at 110B CNY. Fundamentals as of Jun 23, 2026

Our scenario range runs from ¥2.36 (bear case) to ¥3.94 (bull case); at ¥1.08, the current price sits below 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 70% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at 192%, 600340 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 8.3B CNY
Revenue growth (YoY) -27.5%
Net margin -264%
Return on equity -403%
Free cash flow −3.6B CNY FY2025
Operating margin -53.0%
More key figures
EPS (TTM) ¥-5.62
EPS growth (YoY) -73.2%
Net debt 110B CNY FY2025

Figures from reported company fundamentals · as of Jun 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 25/100

Of which business quality 23 · Market factors (momentum, volatility) 22

Profitability 0
Margins and returns on capital today
Quality Growth 6
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 3
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 77
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

China Fortune Land Development Co., Ltd. engages in the investment, development, construction, and operation of new industrial cities and commercial real estate in China. The company was formerly known as China Fortune Real Estate Development Co., Ltd. and changed its name to China Fortune Land Development Co., Ltd. in December 2007.

Full company description

China Fortune Land Development Co., Ltd. engages in the investment, development, construction, and operation of new industrial cities and commercial real estate in China. The company was formerly known as China Fortune Real Estate Development Co., Ltd. and changed its name to China Fortune Land Development Co., Ltd. in December 2007. The company was founded in 1993 and is headquartered in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Fortune Land Development Co reported revenue of ¥8.6B in FY2025 versus ¥43.2B in FY2021, a compound −33.2%/yr. Reported net income was −¥22.9B in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
8.6B CNY
Latest YoY
−63.8%
Avg. growth/yr (3Y)
−35.4%
Avg. growth/yr (5Y)
−38.9%
Avg. growth/yr (25Y)
+19.5%
Revenue −33.2%/yr
FY21 ¥43.2B
FY22 ¥31.9B
FY23 ¥35.9B
FY24 ¥23.8B
FY25 ¥8.6B
Net income
FY21 −¥39.0B
FY22 ¥1.6B
FY23 −¥6.0B
FY24 −¥4.8B
FY25 −¥22.9B

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Cite: Fair Value Calculator (2026). "China Fortune Land Development Co Fair Value". https://www.fairvalue-calculator.com/stock/600340

Peer Group

Real Estate - Development · 588 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 26 · Bottom 25%
Fair Value upside +192% · Top 25%
Return on assets -3% · Bottom 25%
Operating margin (TTM) -53% · Bottom 25%
Revenue growth -28% · Below median

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/S (TTM) 0.08× · Cheaper than 75% of peers
PEG 1.41× · Pricier than median

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 100 · sector 48
FUTURE 0 · sector 0
PAST 0 · sector 10
HEALTH 100 · sector 84
DIVIDEND 0 · sector 38

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jun 23, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is China Fortune Land Development Co (600340) overvalued or undervalued?
As of Jun 23, 2026, our model estimates a fair value of ¥3.15 versus a price of ¥1.08, about +192% (undervalued).
What is the fair value of 600340?
Our model-based fair value for China Fortune Land Development Co is ¥3.15 (as of Jun 23, 2026), built from audited fundamentals. The current price is ¥1.08.
What is the quality score of 600340?
China Fortune Land Development Co has a Quality Score of 25/100. 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 China Fortune Land Development Co (600340)?
China Fortune Land Development Co reported trailing-twelve-month revenue of about 8.3B CNY (latest available figure, as of Jun 23, 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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