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Aerosun Corporation (600501) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 6.3B CNY

AC Aerosun Corporation 600501 · SHG
Price¥14.79
Fair Value¥10.88
Upside-26.4%
Quality54/100
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Weak Growth
Loss-making · -9.5% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/11)
Narrow moat 17/100
Evidence: Medium Range ¥7.24 – ¥14.52 Share as image

Fair value as of: Aug 9, 2026

From 9 valuation models · updated yesterday

Fair value updated Aug 9, 2026, revised from ¥5.44 to ¥10.88 (+100.0%) since Jul 11, 2026. Share price +2.8% over the past month.

A solid business, but screening 26% overvalued on our models.

What matters now

  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥7.24 to ¥14.52) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥38.54 ¥8.44 Fair Value ¥10.88 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 9, 2026.

How to read this chart

60‑month range ¥8.44 – ¥38.54 · fair‑value band ¥7.24 – ¥14.52 · the ¥14.79 price screens above the ¥10.88 fair value. Dashed = 300-day average. As of Aug 9, 2026.

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Analysis

Aerosun Corporation (600501) currently trades at ¥14.79, while our model-based Fair Value estimate is ¥10.88, implying the stock looks roughly 26.4% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Cyclical 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, Aerosun Corporation generated revenue of 2.2B CNY at a net margin of -9.5%. Revenue grew 7.5% year over year. It earns a return on equity of -12.3%. Net debt stands at 273M CNY. Fundamentals as of Aug 9, 2026

Our scenario range runs from ¥7.24 (bear case) to ¥14.52 (bull case); at ¥14.79, 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 63% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -26%, 600501 screens cheaper 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.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥5.78 ¥7.31 ¥9.64 80
Rev-Margin DCF ¥5.26 ¥7.20 ¥9.47 74
Gordon GGM ¥0.2600 ¥0.3400 ¥0.4200 70
All 9 models by family
DCF Models
FCF DCF ¥5.63 ¥7.22 ¥9.83 38
5Y Revenue Exit ¥5.26 ¥7.12 ¥9.64 39
10Y Revenue Exit ¥5.26 ¥6.89 ¥8.77 36
Dividend Discount
Gordon GGM ¥0.2600 ¥0.3400 ¥0.4200 70
DDM Multi-Stage ¥0.2600 ¥0.3500 ¥0.4500 61
Multiples
EV/Revenue ¥5.34 ¥7.16 ¥8.98 43
Asset-Based
NCAV (Graham) ¥1.78 ¥2.38 ¥3.55 50
Growth DCF
Growth DCF ¥5.78 ¥7.31 ¥9.64 80
Rev-Margin DCF ¥5.26 ¥7.20 ¥9.47 74

Widest divergence: Growth DCF (¥7.20) versus Dividend Discount (¥0.3400). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.2B CNY
Revenue growth (YoY) +7.5%
Net margin -9.5%
Return on equity -12.3%
Free cash flow 200M CNY FY2025
Operating margin -21.7%
More key figures
EPS (TTM) ¥-0.4700
EPS growth (YoY) -79.1%
Net debt 273M CNY FY2024

Figures from reported company fundamentals · as of Aug 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 53 · Market factors (momentum, volatility) 18

Profitability 7
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 89
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

Aerosun Corporation manufactures and sells special vehicles in China and internationally. The company offers special vehicle products, such as refueling truck, and aircraft refueling truck; aerial work vehicle, power supply car, engineering rescue vehicle, refrigerated trucks, flammable liquid tank truck, sludge dump truck, telemetry products, inertial …

Full company description

Aerosun Corporation manufactures and sells special vehicles in China and internationally. The company offers special vehicle products, such as refueling truck, and aircraft refueling truck; aerial work vehicle, power supply car, engineering rescue vehicle, refrigerated trucks, flammable liquid tank truck, sludge dump truck, telemetry products, inertial navigation products, and satellite communication products; and sanitation vehicles, including compression garbage, docking garbage, detachable garbage, barrel garbage, road sweeper, cleaning road sweeper, high-pressure cleaning, sprinkler, fecal suction, sewage suction, food waste collection, municipal dredging, and new energy vehicles. It also provides flexible piping products, such as metal bellows expansion joints; non-metallic expansion joints; industrial metal hoses; civilian metal hoses; non-metallic hoses; and other products. In addition, the company offers coal chemical and petrochemical, cryogenic, natural gas, high-end, and international business products; casting sculpture, sheet metal sculpture, non-metal sculpture, and artwork and gifts products; Systems Engineering services; and wear-resistant oil pipes, central drainage pipes, steel-plastic composite pipes, thermal insulation composite pipes, etc. Further, it engages in the wholesale and retail of arts and crafts and collectibles; professional contracting of architectural decoration and decoration projects; and engineering activities. The company was founded in 1865 and is headquartered in Nanjing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Aerosun Corporation reported revenue of ¥2.2B in FY2025 versus ¥4.1B in FY2021, a compound −14.8%/yr. Reported net income was −¥216M in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.2B CNY
Latest YoY
−11.1%
Avg. growth/yr (3Y)
−19.6%
Avg. growth/yr (5Y)
−10.3%
Avg. growth/yr (27Y)
+7.6%
Revenue −14.8%/yr
FY21 ¥4.1B
FY22 ¥4.1B
FY23 ¥3.8B
FY24 ¥2.4B
FY25 ¥2.2B
Net income
FY21 ¥66.4M
FY22 ¥75.7M
FY23 ¥71.9M
FY24 −¥379M
FY25 −¥216M

600501 screens 26% overvalued. Compare with Hyundai Mobis Co →

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Cite: Fair Value Calculator (2026). "Aerosun Corporation Fair Value". https://www.fairvalue-calculator.com/stock/600501

Peer Group

Auto Parts · 642 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 54 · Above median
Fair Value upside −26% · Below median
Return on assets -3% · Bottom 25%
Net margin (TTM) -9% · Bottom 25%
Operating margin (TTM) -22% · Bottom 25%
Revenue growth 8% · Above median
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/B 0.62× · Cheaper than 75% of peers
P/S (TTM) 0.43× · Cheaper than median
P/FCF 4.7× · 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 0 · sector 17
FUTURE 38 · sector 23
PAST 0 · sector 26
HEALTH 97 · sector 95
DIVIDEND 0 · sector 30

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.

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 Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 9, 2026).

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 482,000 KRW 678,420 KRW +41%
Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

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Frequently asked questions

Is Aerosun Corporation (600501) overvalued or undervalued?
As of Aug 9, 2026, our model estimates a fair value of ¥10.88 versus a price of ¥14.79, about −26% (overvalued).
What is the fair value of 600501?
Our model-based fair value for Aerosun Corporation is ¥10.88 (as of Aug 9, 2026), built from audited fundamentals. The current price is ¥14.79.
What is the quality score of 600501?
Aerosun Corporation has a Quality Score of 54/100. 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 Aerosun Corporation (600501)?
Aerosun Corporation reported trailing-twelve-month revenue of about 2.2B CNY (latest available figure, as of Aug 9, 2026).
What is the net profit margin of 600501?
The net profit margin of Aerosun Corporation is about -9.5%, 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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