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Gansu Mogao Industrial Development Co Ltd (600543) Fair Value & Analysis

Consumer Defensive · CN · Market cap 1.2B CNY

GM Gansu Mogao Industrial Development Co Ltd 600543 · SHG
Price¥4.08
Fair Value¥0.4300
Upside-89.5%
Quality38/100
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Risks

!Trades 849% ABOVE our fair value of ¥0.4300
!Expensive Growth (revenue 5y +8.9 %/yr)
!Loss-making · -43.6% net margin
!Low debt · negative free cash flow
Expensive Growth (revenue 5y +8.9 %/yr)
Loss-making · -43.6% net margin
Low debt · negative free cash flow
Trails peers (4/11)
Narrow moat 6/100
Evidence: Low Range ¥0.2800 – ¥0.5400 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 11 days ago

Share price +17.6% over the past month.

Below-average quality, and trading another 849% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price sits above even our optimistic bull case (¥0.5400). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (¥0.2800 to ¥0.5400) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥9.67 ¥3.41 Fair Value ¥0.4300 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ¥3.41 – ¥9.67 · fair‑value band ¥0.2800 – ¥0.5400 · the ¥4.08 price screens above the ¥0.4300 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Gansu Mogao Industrial Development Co Ltd (600543) currently trades at ¥4.08, while our model-based Fair Value estimate is ¥0.4300, implying the stock looks roughly 89.5% overvalued today. The Quality Score stands at 38/100 (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: low).

Over the trailing twelve months, Gansu Mogao Industrial Development Co Ltd generated revenue of 244M CNY at a net margin of -43.6%. Revenue grew 65.7% year over year. It earns a return on equity of -14.6%. Net debt stands at 47.5M CNY. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥0.2800 (bear case) to ¥0.5400 (bull case); at ¥4.08, 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 41% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at -89%, 600543 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.

Model 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. Evidence
Highest evidence
NCAV (Graham) ¥1.09 ¥1.47 ¥2.19 50
All 1 models by family
Asset-Based
NCAV (Graham) ¥1.09 ¥1.47 ¥2.19 50

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Key figures & financial health

P/S ratio 5.55 TTM
Net margin -43.6% TTM
Return on equity -14.6% TTM
Return on assets -5.0% TTM
Operating margin -8.4% TTM
EPS (TTM) ¥-0.3300
More key figures
Growth
Revenue (TTM) 244M CNY TTM
Revenue growth (YoY) +65.7% 3y avg +23.4%
EPS growth (YoY) +11.5%
Balance sheet & cash flow
Free cash flow −133M CNY FY2025
Net debt 47.5M CNY FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 39 · Market factors (momentum, volatility) 33

Profitability 2
Margins and returns on capital today
Quality Growth 4
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 82
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Gansu Mogao Industrial Development Co.,Ltd produces and sells wine in China. The company offers dry red, dry white, sweet, ice, sparkling, special, and noble rot wines, as well as brandy.

Full company description

Gansu Mogao Industrial Development Co.,Ltd produces and sells wine in China. The company offers dry red, dry white, sweet, ice, sparkling, special, and noble rot wines, as well as brandy. It also provides pharmaceutical products, including compound licorice tablets and oral solution; environmental protection products, such as biodegradable masterbatch products and biodegradable polyester materials. The company was founded in 1995 and is based in Lanzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Gansu Mogao Industrial Development Co Ltd reported revenue of ¥204M in FY2025 versus ¥140M in FY2021, a compound +9.7%/yr. Reported net income was −¥107M in FY2025.

Growth Quality 26/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
204M CNY
Latest YoY
−38.0%
Avg. revenue growth/yr (3Y) 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.
+23.4%
Avg. revenue growth/yr (5Y) 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.
+8.9%
Avg. revenue growth/yr (24Y) 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.
+0.4%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +9.7%/yr
FY21 ¥140M
FY22 ¥108M
FY23 ¥198M
FY24 ¥328M
FY25 ¥204M
Net income
FY21 −¥98.7M
FY22 −¥111M
FY23 −¥41.4M
FY24 −¥52.1M
FY25 −¥107M

600543 screens 89% overvalued. Compare with Kweichow Moutai Co →

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Cite: Fair Value Calculator (2026). "Gansu Mogao Industrial Development Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/600543

Peer Group

Beverages - Wineries & Distilleries · 99 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 39 · Bottom 25%
Fair Value upside −90% · Bottom 25%
Return on assets -5% · Bottom 25%
Net margin (TTM) -44% · Bottom 25%
Operating margin (TTM) -9% · Bottom 25%
Revenue growth 66% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Beverages - Wineries & Distilleries median · lower = cheaper

P/B 0.26× · Cheaper than 75% of peers
P/S (TTM) 0.75× · Cheaper 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 21
FUTURE100 · sector 0
PAST0 · sector 17
HEALTH100 · sector 96
DIVIDEND3 · sector 62

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.

Alcohol

Similar stocks

10 more Beverages - Wineries & Distilleries stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Kweichow Moutai Co 600519 ¥1,343 ¥1,238 -8%
Diageo plc DEO $93.96 $73.29 -22%
Wuliangye Yibin Co 000858 ¥71.89 ¥48.44 -33%
Shanxi Xinghuacun Fen Wine Factory Co 600809 ¥122.32 ¥185.80 +52%
Pernod Ricard SA RI €68.18 €76.13 +12%
Luzhou Laojiao Co 000568 ¥84.50 ¥149.17 +77%
Brown-Forman Corporation BFA $28.40 $27.69 -3%
United Spirits Limited UNITDSPR ₹1,555 ₹285.39 -82%
Thai Beverage Public Company Y92 0.4650 SGD 0.7000 SGD +51%
Jiangsu Yanghe Distillery Co 002304 ¥41.62 ¥27.82 -33%

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Frequently asked questions

Is Gansu Mogao Industrial Development Co Ltd (600543) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥0.4300 versus a price of ¥4.08, about −89% (overvalued).
What is the fair value of 600543?
Our model-based fair value for Gansu Mogao Industrial Development Co Ltd is ¥0.4300 (as of Aug 13, 2026), built from audited fundamentals. The current price: ¥4.08.
What is the quality score of 600543?
Gansu Mogao Industrial Development Co Ltd has a Quality Score of 38/100. 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 Gansu Mogao Industrial Development Co Ltd (600543)?
Gansu Mogao Industrial Development Co Ltd reported trailing-twelve-month revenue of about 244M CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 600543?
The net profit margin of Gansu Mogao Industrial Development Co Ltd is about -43.6%, 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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