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Shanghai Bailian (Group) Co (600827) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 13.7B CNY

SB Shanghai Bailian (Group) Co 600827 · SHG
Price¥7.67
Fair Value¥8.26
Upside+7.7%
Quality46/100
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Weak Growth
Thin margins · 5.1% net margin
Low debt · negative free cash flow
1.94% dividend yield
Mixed vs. peers (8/14)
Narrow moat 25/100
Evidence: Medium Range ¥6.19 – ¥10.32 Share as image

Fair value as of: Aug 9, 2026

From 13 valuation models · updated yesterday

Share price +1.7% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥6.19 (bear) to ¥10.32 (bull), base ¥8.26. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 46/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

¥23.33 ¥7.13 Fair Value ¥8.26 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 ¥7.13 – ¥23.33 · fair‑value band ¥6.19 – ¥10.32 · the ¥7.67 price screens below the ¥8.26 fair value. Dashed = 300-day average. As of Aug 9, 2026.

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Analysis

Shanghai Bailian (Group) Co (600827) currently trades at ¥7.67, while our model-based Fair Value estimate is ¥8.26, implying the stock looks roughly 7.7% fairly valued today. The Quality Score stands at 46/100 (below-average quality), in the Consumer Cyclical 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, Shanghai Bailian (Group) Co generated revenue of 24.1B CNY at a net margin of 5.1%. Revenue declined 8.9% year over year. It earns a return on equity of 4.5%. The balance sheet holds a net cash position of 8.6B CNY. Fundamentals as of Aug 9, 2026

Our scenario range runs from ¥6.19 (bear case) to ¥10.32 (bull case); at ¥7.67, 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 26% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 50% fair-value upside, at 8%, 600827 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 ¥9.31 ¥9.18 ¥7.93 76
Gordon GGM ¥2.75 ¥5.71 ¥9.07 70
Growth-Adj P/E ¥5.19 ¥7.41 ¥9.64 68
All 13 models by family
DCF Models
Owner Earnings ¥15.30 ¥21.01 ¥29.81 31
Earnings-Based
Graham-Dodd ¥2.67 ¥8.64 ¥11.53 54
Lynch FV ¥1.92 ¥2.75 ¥3.57 50
PEG = 1.0 ¥1.92 ¥2.75 ¥3.57 46
Dividend Discount
Gordon GGM ¥2.75 ¥5.71 ¥9.07 70
DDM Multi-Stage ¥2.75 ¥4.62 ¥6.00 61
Multiples
P/E Multiple ¥6.19 ¥8.26 ¥10.32 63
P/S Multiple ¥5.01 ¥6.69 ¥8.36 58
P/B Multiple ¥5.01 ¥6.69 ¥8.36 55
EV/EBITDA ¥18.66 ¥23.09 ¥27.52 54
Asset-Based
NCAV (Graham) ¥6.35 ¥8.51 ¥12.71 50
Economic Profit
Residual Income ¥9.31 ¥9.18 ¥7.93 76
Growth Earnings
Growth-Adj P/E ¥5.19 ¥7.41 ¥9.64 68

Widest divergence: DCF Models (¥21.01) versus Earnings-Based (¥2.75). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 24.1B CNY
Revenue growth (YoY) -8.9%
Net margin 5.1%
Return on equity 4.5%
Free cash flow −501M CNY FY2025
P/E ratio 11.1
More key figures
Operating margin 3.1%
EPS (TTM) ¥0.6900
Dividend yield 1.9%
EPS growth (YoY) +311%
Net cash 8.6B CNY FY2024

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 45 · Market factors (momentum, volatility) 39

Profitability 23
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 27
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 81
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

Shanghai Bailian (Group) Co., Ltd. engages in retail business through department stores, supermarket chains, and specialty chains in China. The company was founded in 1993 and is based in Shanghai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shanghai Bailian (Group) Co reported revenue of ¥24.8B in FY2025 versus ¥34.7B in FY2021, a compound −8.0%/yr. Reported net income was ¥631M in FY2025, compounding −4.3%/yr from FY2021.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
24.8B CNY
Latest YoY
−10.4%
Avg. growth/yr (3Y)
−8.4%
Avg. growth/yr (5Y)
−6.8%
Avg. growth/yr (35Y)
+14.9%
Revenue −8.0%/yr
FY21 ¥34.7B
FY22 ¥32.3B
FY23 ¥30.5B
FY24 ¥27.7B
FY25 ¥24.8B
Net income −4.3%/yr
FY21 ¥753M
FY22 ¥674M
FY23 ¥399M
FY24 ¥1.6B
FY25 ¥631M

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Cite: Fair Value Calculator (2026). "Shanghai Bailian (Group) Co Fair Value". https://www.fairvalue-calculator.com/stock/600827

Peer Group

Department Stores · 127 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 46 · Bottom 25%
Fair Value upside +8% · Above median
Return on equity (TTM) 5% · Above median
Return on assets -0% · Bottom 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 3% · Below median
Revenue growth -9% · Bottom 25%
Dividend yield (TTM) 1.9% · Above median
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Department Stores median · lower = cheaper

P/E (TTM) 11.1× · Cheaper than 75% of peers
P/B 0.67× · Cheaper than median
P/S (TTM) 0.57× · Pricier than median
EV/EBITDA 5.7× · Cheaper than median
PEG 1.92× · 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 44 · sector 26
FUTURE 0 · sector 2
PAST 18 · sector 16
HEALTH 96 · sector 96
DIVIDEND 39 · sector 37

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

Stock Price Fair Value vs Fair Value
Falabella S.A FALABELLA 5,875 CLP 8,880 CLP +51%
El Puerto de Liverpool, S.A. LIVEPOLC1 99.62 MXN 263.70 MXN +165%
99 Speed Mart Retail Holdings 5326 3.70 MYR 1.45 MYR -61%
Cencosud S.A CENCOSUD 2,040 CLP 2,516 CLP +23%
Vishal Mega Mart Limited VMM ₹113.94 ₹37.39 -67%
SHINSEGAE Inc 004170 610,000 KRW 200,259 KRW -67%
Organización Soriana, S. A. B. de C. V., SORIANAB 30.04 MXN 59.59 MXN +98%
Lotte Shopping Co 023530 155,300 KRW 81,725 KRW -47%
Lojas Renner S.A LREN3 R$14.10 R$33.36 +137%
La Comer, S.A. LACOMERUBC 34.37 MXN 51.49 MXN +50%

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Frequently asked questions

Is Shanghai Bailian (Group) Co (600827) overvalued or undervalued?
As of Aug 9, 2026, our model estimates a fair value of ¥8.26 versus a price of ¥7.67, about +8% (fairly valued).
What is the fair value of 600827?
Our model-based fair value for Shanghai Bailian (Group) Co is ¥8.26 (as of Aug 9, 2026), built from audited fundamentals. The current price is ¥7.67.
What is the quality score of 600827?
Shanghai Bailian (Group) Co 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 Shanghai Bailian (Group) Co (600827)?
Shanghai Bailian (Group) Co reported trailing-twelve-month revenue of about 24.1B CNY (latest available figure, as of Aug 9, 2026).
What is the net profit margin of 600827?
The net profit margin of Shanghai Bailian (Group) Co is about 5.1%, meaning it keeps roughly 5.1% of revenue as net income. Based on the latest reported figures.
Does Shanghai Bailian (Group) Co pay a dividend?
Shanghai Bailian (Group) Co currently shows a dividend yield of about 1.86% 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.

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