Shandong Homey Aquatic Development Co (600467) Fair Value & Analysis
Consumer Defensive · CN · Market cap 3.3B CNY
Fair value as of: Aug 8, 2026
From 12 valuation models · updated 2 days ago
Fair value updated Aug 8, 2026, revised from ¥0.4300 to ¥0.5657 (+31.6%) since Jul 11, 2026. Share price +11.2% over the past month.
Below-average quality, and screening another 75% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (¥0.7104). The favourable scenario is already priced in.
- Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
- A fairly wide model range (¥0.3421 to ¥0.7104) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.
How to read this chart
60‑month range ¥1.38 – ¥3.26 · fair‑value band ¥0.3421 – ¥0.7104 · the ¥2.28 price screens above the ¥0.5657 fair value. Dashed = 300-day average. As of Aug 8, 2026.
Analysis
Shandong Homey Aquatic Development Co (600467) currently trades at ¥2.28, while our model-based Fair Value estimate is ¥0.5657, implying the stock looks roughly 75.2% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).
Over the trailing twelve months, Shandong Homey Aquatic Development Co generated revenue of 1.1B CNY at a net margin of 2.9%. Revenue grew 20.0% year over year. It earns a return on equity of 1.0%. Net debt stands at 2.1B CNY. Fundamentals as of Aug 8, 2026
Our scenario range runs from ¥0.3421 (bear case) to ¥0.7104 (bull case); at ¥2.28, the current price sits above 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 31% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 102% fair-value upside, at -75%, 600467 screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 12 models by family
Widest divergence: Asset-Based (¥1.57) versus Earnings-Based (¥0.2800). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 46 · Market factors (momentum, volatility) 41
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
Shandong Homey Aquatic Development Co.,Ltd. operates in marine food industry in China and internationally. It offers kelp, seaweed, shellfish, fish, shrimp, jellyfish, and other products, as well as fresh and freeze-dried sea cucumber, frozen sea cucumber, ready-to-eat sea cucumber, and light-dried sea cucumber products; and sea cucumber health products, …
Full company description
Shandong Homey Aquatic Development Co.,Ltd. operates in marine food industry in China and internationally. It offers kelp, seaweed, shellfish, fish, shrimp, jellyfish, and other products, as well as fresh and freeze-dried sea cucumber, frozen sea cucumber, ready-to-eat sea cucumber, and light-dried sea cucumber products; and sea cucumber health products, such as capsules, sea cucumber mucopolysaccharide granules, sea cucumber oral liquid, sea cucumber and American ginseng oral liquid, sea cucumber puree, and liquid sea cucumber products. The company also provides functional marine food, marine health products and medicines. In addition, it sells its products through e-commerce platforms and TV shopping channels. The company was founded in 1993 and is headquartered in Rongcheng, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Shandong Homey Aquatic Development Co reported revenue of ¥1.1B in FY2025 versus ¥1.3B in FY2021, a compound −4.3%/yr. Reported net income was ¥29.9M in FY2025, compounding −18.0%/yr from FY2021.
600467 screens 75% overvalued. Compare with Muyuan Foods Group →
Peer Group
Farm Products · 291 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.
Valuation Multiples vs Farm Products median · lower = cheaper
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 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Farm Products stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Muyuan Foods Group 002714 | ¥40.90 | ¥48.19 | +18% |
| Wens Foodstuff Group 300498 | ¥14.51 | ¥12.08 | -17% |
| Mowi ASA MOWI | kr 188.40 | kr 262.59 | +39% |
| PT Charoen Pokphand Indonesia Tbk, CPIN | 3,120 IDR | 7,076 IDR | +127% |
| Charoen Pokphand Foods Public Company CPF | 22.00 THB | 55.71 THB | +153% |
| PT Triputra Agro Persada Tbk TAPG | 1,540 IDR | 3,105 IDR | +102% |
| PT FAP Agri Tbk FAPA | 7,300 IDR | 7,463 IDR | +2% |
| PT Japfa Comfeed Indonesia Tbk JPFA | 2,070 IDR | 7,231 IDR | +249% |
| Thaifoods Group TFGR | 10.60 THB | 23.53 THB | +122% |
| PT Jhonlin Agro Raya Tbk JARR | 1,845 IDR | 610.80 IDR | -67% |
Compare Shandong Homey Aquatic Development Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Defensive stocks →
Frequently asked questions
Is Shandong Homey Aquatic Development Co (600467) overvalued or undervalued?
What is the fair value of 600467?
What is the quality score of 600467?
What is the revenue of Shandong Homey Aquatic Development Co (600467)?
What is the net profit margin of 600467?
Does Shandong Homey Aquatic Development Co pay a dividend?
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.
Track Shandong Homey Aquatic Development Co and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.