EN DE

China Enterprise Company (600675) Fair Value & Analysis

Real Estate · CN · Market cap 13.4B CNY

CE China Enterprise Company 600675 · SHG
Price¥2.21
Fair Value¥1.48
Upside-33.0%
Quality46/100
Watch China Enterprise Company for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -5.4% net margin
Moderate debt · negative free cash flow
0.27% dividend yield
Trails peers (4/12)
Narrow moat 20/100
Evidence: Medium Range ¥0.4100 – ¥2.55 Share as image

Fair value as of: Aug 9, 2026

From 9 valuation models · updated yesterday

Share price +5.2% over the past month.

Below-average quality, and screening another 33% overvalued on our models.

What matters now

  • The model range is unusually wide (¥0.4100 to ¥2.55). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥4.63 ¥2.06 Fair Value ¥1.48 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 ¥2.06 – ¥4.63 · fair‑value band ¥0.4100 – ¥2.55 · the ¥2.21 price screens above the ¥1.48 fair value. Dashed = 300-day average. As of Aug 9, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

China Enterprise Company (600675) currently trades at ¥2.21, while our model-based Fair Value estimate is ¥1.48, implying the stock looks roughly 33.0% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Real Estate 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, China Enterprise Company generated revenue of 8.1B CNY at a net margin of -5.4%. Revenue declined 43.0% year over year. It earns a return on equity of -2.7%. Net debt stands at 12.6B CNY. Fundamentals as of Aug 9, 2026

Our scenario range runs from ¥0.4100 (bear case) to ¥2.55 (bull case); at ¥2.21, the current price sits within 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 32% below its 52-week high, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at -33%, 600675 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 BearBaseBull Evidence
Highest evidence
Residual Income ¥1.63 ¥1.53 ¥1.10 76
Gordon GGM ¥1.17 ¥2.43 ¥3.86 70
DDM Multi-Stage ¥1.17 ¥2.05 ¥2.55 61
All 9 models by family
Dividend Discount
Gordon GGM ¥1.17 ¥2.43 ¥3.86 70
DDM Multi-Stage ¥1.17 ¥2.05 ¥2.55 61
Multiples
P/S Multiple ¥0.2500 ¥0.3300 ¥0.4200 58
P/B Multiple ¥0.2500 ¥0.3300 ¥0.4200 55
EV/EBIT ¥4.00 ¥5.51 ¥7.01 53
EV/EBITDA ¥3.94 ¥5.43 ¥6.91 54
EV/Revenue ¥1.97 ¥3.04 ¥4.11 43
Asset-Based
NCAV (Graham) ¥1.19 ¥1.60 ¥2.39 50
Economic Profit
Residual Income ¥1.63 ¥1.53 ¥1.10 76

Widest divergence: Multiples (¥3.04) versus Economic Profit (¥1.53). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 8.1B CNY
Revenue growth (YoY) -43.0%
Net margin -5.4%
Return on equity -2.7%
Free cash flow −1.2B CNY FY2025
Operating margin 5.5%
More key figures
EPS (TTM) ¥-0.0800
Dividend yield 0.3%
EPS growth (YoY) +34.4%
Net debt 12.6B CNY FY2025

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 43 · Market factors (momentum, volatility) 31

Profitability 13
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 92
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 Enterprise Company Limited engages in real estate development and operational activities in China. The company is involved in commercial housing design, construction, leasing, and sales activities.

Full company description

China Enterprise Company Limited engages in real estate development and operational activities in China. The company is involved in commercial housing design, construction, leasing, and sales activities. The company also offers group catering and food delivery services, and engages in municipal infrastructure investment, land reclamation, and related activities. China Enterprise Company Limited was founded in 1954 and is based in Shanghai, China. China Enterprise Company Limited is a subsidiary of Shanghai Real Estate (Group) Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Enterprise Company reported revenue of ¥10.5B in FY2025 versus ¥9.6B in FY2021, a compound +2.3%/yr. Reported net income was ¥119M in FY2025, compounding −38.0%/yr from FY2021.

Growth Quality 12/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
10.5B CNY
Latest YoY
+51.0%
Avg. growth/yr (5Y)
−1.9%
Avg. growth/yr (35Y)
+16.0%
Revenue +2.3%/yr
FY21 ¥9.6B
FY22 ¥2.6B
FY23 ¥13.2B
FY24 ¥7.0B
FY25 ¥10.5B
Net income −38.0%/yr
FY21 ¥805M
FY22 −¥57.0M
FY23 ¥555M
FY24 −¥317M
FY25 ¥119M

600675 screens 33% overvalued. Compare with DLF Limited →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "China Enterprise Company Fair Value". https://www.fairvalue-calculator.com/stock/600675

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 48 · Above median
Fair Value upside −33% · Below median
Return on assets 1% · Below median
Net margin (TTM) -5% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth -43% · Bottom 25%
Dividend yield (TTM) 0.3% · Below median
Debt / equity 1.19× · Higher than 75% of peers

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

P/B 0.14× · Cheaper than 75% of peers
P/S (TTM) 0.25× · Cheaper than median
EV/EBITDA 5.4× · 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.

VALUE 0 · sector 48
FUTURE 0 · sector 0
PAST 0 · sector 10
HEALTH 40 · sector 84
DIVIDEND 5 · sector 38

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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Aug 9, 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%

Compare China Enterprise Company with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is China Enterprise Company (600675) overvalued or undervalued?
As of Aug 9, 2026, our model estimates a fair value of ¥1.48 versus a price of ¥2.21, about −33% (overvalued).
What is the fair value of 600675?
Our model-based fair value for China Enterprise Company is ¥1.48 (as of Aug 9, 2026), built from audited fundamentals. The current price is ¥2.21.
What is the quality score of 600675?
China Enterprise Company has a Quality Score of 46/100. 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 Enterprise Company (600675)?
China Enterprise Company reported trailing-twelve-month revenue of about 8.1B CNY (latest available figure, as of Aug 9, 2026).
What is the net profit margin of 600675?
The net profit margin of China Enterprise Company is about -5.4%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does China Enterprise Company pay a dividend?
China Enterprise Company currently shows a dividend yield of about 0.27% relative to its recent price (as of Aug 9, 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.

14 days Pro free · no card

Track China Enterprise Company 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.