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Zhang Jia Gang Freetrade Science&Technology Group (600794) Fair Value & Analysis

Industrials · CN · Market cap 3.7B CNY

ZJ Zhang Jia Gang Freetrade Science&Technology Group 600794 · SHG
Price¥3.10
Fair Value¥3.67
Upside+18.4%
Quality71/100
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Mixed Growth
Loss-making · -18.9% net margin
Low debt · generates free cash flow
0.64% dividend yield
Mixed vs. peers (7/12)
Narrow moat 29/100
Evidence: Medium Range ¥2.75 – ¥4.59 Share as image

Fair value as of: Aug 8, 2026

From 25 valuation models · updated 2 days ago

Share price +5.1% over the past month.

A solid business, screening 18% undervalued on our models.

What matters now

  • Our model range runs from ¥2.75 (bear) to ¥4.59 (bull), base ¥3.67. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 71/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

¥5.84 ¥2.75 Fair Value ¥3.67 Mar 2021 Aug 2026

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 ¥2.75 – ¥5.84 · fair‑value band ¥2.75 – ¥4.59 · the ¥3.10 price screens below the ¥3.67 fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Zhang Jia Gang Freetrade Science&Technology Group (600794) currently trades at ¥3.10, while our model-based Fair Value estimate is ¥3.67, implying the stock looks roughly 18.4% undervalued today. The Quality Score stands at 71/100 (solid quality), in the Industrials 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: medium), always confirm before acting.

Over the trailing twelve months, Zhang Jia Gang Freetrade Science&Technology Group generated revenue of 525M CNY at a net margin of -18.9%. Revenue declined 35.2% year over year. It earns a return on equity of -3.1%. The balance sheet holds a net cash position of 564M CNY. Fundamentals as of Aug 8, 2026

Our scenario range runs from ¥2.75 (bear case) to ¥4.59 (bull case); at ¥3.10, 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 46% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 67% fair-value upside, at 18%, 600794 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
Growth DCF ¥8.48 ¥14.06 ¥23.02 80
Residual Income ¥1.80 ¥1.93 ¥2.12 76
ROIC Compounder ¥2.27 ¥2.85 ¥3.56 72
All 25 models by family
DCF Models
FCF DCF ¥8.55 ¥14.71 ¥24.98 38
Owner Earnings ¥3.24 ¥5.34 ¥8.85 31
5Y Revenue Exit ¥3.79 ¥4.94 ¥6.29 39
5Y EBITDA Exit ¥5.09 ¥7.62 ¥10.64 41
5Y P/E Exit ¥4.86 ¥7.13 ¥9.63 38
10Y Revenue Exit ¥5.36 ¥6.99 ¥9.10 36
10Y EBITDA Exit ¥6.23 ¥8.90 ¥12.65 37
10Y P/E Exit ¥6.08 ¥8.55 ¥11.83 35
Earnings-Based
Graham-Dodd ¥1.19 ¥5.47 ¥7.51 54
Lynch FV ¥1.44 ¥2.06 ¥2.67 50
PEG = 1.0 ¥1.44 ¥2.06 ¥2.67 46
EPV ¥2.23 ¥2.51 ¥2.75 59
Dividend Discount
Gordon GGM ¥1.16 ¥2.32 ¥3.51 70
DDM Multi-Stage ¥1.16 ¥2.00 ¥2.45 61
Multiples
P/E Multiple ¥2.75 ¥3.67 ¥4.59 63
P/S Multiple ¥1.12 ¥1.50 ¥1.87 58
P/B Multiple ¥2.23 ¥2.97 ¥3.71 55
EV/EBIT ¥3.55 ¥4.57 ¥5.60 53
EV/EBITDA ¥3.61 ¥4.65 ¥5.70 54
EV/Revenue ¥1.42 ¥1.82 ¥2.23 43
Asset-Based
NCAV (Graham) ¥1.08 ¥1.45 ¥2.17 50
Growth DCF
Growth DCF ¥8.48 ¥14.06 ¥23.02 80
Economic Profit
Residual Income ¥1.80 ¥1.93 ¥2.12 76
ROIC Compounder ¥2.27 ¥2.85 ¥3.56 72
Growth Earnings
Growth-Adj P/E ¥2.31 ¥3.29 ¥4.28 68

Widest divergence: Growth DCF (¥14.06) versus Asset-Based (¥1.45). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 525M CNY
Revenue growth (YoY) -35.2%
Net margin -18.9%
Return on equity -3.1%
Free cash flow 795M CNY FY2024
Operating margin 19.3%
More key figures
EPS (TTM) ¥-0.0900
Dividend yield 0.7%
EPS growth (YoY) -33.3%
Net cash 564M CNY FY2024

Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 71/100

Of which business quality 74 · Market factors (momentum, volatility) 34

Profitability 42
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 71
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

Zhang Jia Gang Freetrade Science&Technology Group Co.,Ltd., through its subsidiaries, engages in the loading and unloading and storage of petrochemical products in China.

Full company description

Zhang Jia Gang Freetrade Science&Technology Group Co.,Ltd., through its subsidiaries, engages in the loading and unloading and storage of petrochemical products in China. It also offers solid dry bulk storage and warehousing; data services; logistics; and dock and pipeline transportation supporting services, as well as supply chain management and finance solutions. The company was formerly known as Zhangjiagang Freetrade Science and Technology Co., Ltd. and changed its name to Zhang Jia Gang Freetrade Science&Technology Group Co.,Ltd. in June 2017. Zhang Jia Gang Freetrade Science&Technology Group Co.,Ltd. was founded in 1993 and is based in Suzhou, China.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Zhang Jia Gang Freetrade Science&Technology Group reported revenue of ¥900M in FY2024 versus ¥2.1B in FY2020, a compound −18.7%/yr. Reported net income was ¥210M in FY2024, compounding −0.3%/yr from FY2020.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
900M CNY
Avg. growth/yr (3Y)
−10.1%
Avg. growth/yr (5Y)
+1.9%
Avg. growth/yr (29Y)
+11.2%
Revenue −18.7%/yr
FY20 ¥2.1B
FY21 ¥1.9B
FY22 ¥1.3B
FY23 ¥1.5B
FY24 ¥900M
Net income −0.3%/yr
FY20 ¥213M
FY21 ¥101M
FY22 ¥163M
FY23 ¥252M
FY24 ¥210M

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Cite: Fair Value Calculator (2026). "Zhang Jia Gang Freetrade Science&Technology Group Fair Value". https://www.fairvalue-calculator.com/stock/600794

Peer Group

Marine Shipping · 231 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 71 · Top 25%
Fair Value upside +18% · Above median
Return on assets 2% · Below median
Net margin (TTM) -19% · Bottom 25%
Operating margin (TTM) 19% · Above median
Revenue growth -35% · Bottom 25%
Dividend yield (TTM) 0.6% · Below median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/B 0.21× · Cheaper than 75% of peers
P/S (TTM) 1.05× · Cheaper than median
P/FCF 0.7× · 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 58 · sector 29
FUTURE 0 · sector 18
PAST 0 · sector 27
HEALTH 100 · sector 88
DIVIDEND 13 · sector 47

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 Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

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A.P. Møller - Mærsk A/S MAERSKA kr 16,520 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥13.98 ¥40.37 +189%
Shanghai International Port (Group) Co 600018 ¥5.17 ¥6.57 +27%
HMM Co 011200 20,050 KRW 33,855 KRW +69%
Ningbo Zhoushan Port Company 601018 ¥3.35 ¥5.58 +67%
Qingdao Port International Co 601298 ¥8.88 ¥15.97 +80%
JSW Infrastructure Limited JSWINFRA ₹330.05 ₹126.31 -62%
Wan Hai Lines Ltd 2615 80.70 TWD 212.79 TWD +164%
Wallenius Wilhelmsen ASA WAWI kr 137.70 kr 50.56 -63%

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Frequently asked questions

Is Zhang Jia Gang Freetrade Science&Technology Group (600794) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of ¥3.67 versus a price of ¥3.10, about +18% (undervalued).
What is the fair value of 600794?
Our model-based fair value for Zhang Jia Gang Freetrade Science&Technology Group is ¥3.67 (as of Aug 8, 2026), built from audited fundamentals. The current price is ¥3.10.
What is the quality score of 600794?
Zhang Jia Gang Freetrade Science&Technology Group has a Quality Score of 71/100. 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 Zhang Jia Gang Freetrade Science&Technology Group (600794)?
Zhang Jia Gang Freetrade Science&Technology Group reported trailing-twelve-month revenue of about 525M CNY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of 600794?
The net profit margin of Zhang Jia Gang Freetrade Science&Technology Group is about -18.9%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Zhang Jia Gang Freetrade Science&Technology Group pay a dividend?
Zhang Jia Gang Freetrade Science&Technology Group currently shows a dividend yield of about 0.65% relative to its recent price (as of Aug 8, 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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