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Shang Gong Group (600843) Fair Value & Analysis

Industrials · CN · Market cap 5.9B CNY

SG Shang Gong Group 600843 · SHG
Price¥8.78
Fair Value¥1.23
Upside-86.0%
Quality44/100
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Evidence: Low Range ¥0.8100 – ¥1.53

Fair value as of: Jul 5, 2026

From 2 valuation models · updated today

Fair value updated Jul 5, 2026 — revised from ¥26.49 to ¥1.23 (−95.4%) since Jun 24, 2026. Share price +14.6% over the past month.

Price vs Fair Value (12 months)

¥13.73 ¥7.44 Fair Value ¥1.23 Jun 2025 Jul 2026

12‑month range ¥7.44 – ¥13.73 · fair‑value band ¥0.8100 – ¥1.53 · the ¥8.78 price screens above the ¥1.23 fair value. As of Jul 5, 2026.

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Analysis

Shang Gong Group (600843) currently trades at ¥8.78, while our model-based Fair Value estimate is ¥1.23 — implying the stock looks roughly 86.0% overvalued today. We read business quality at 44/100 (below-average quality), in the Industrials 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, Shang Gong Group generated revenue of 4.3B CNY at a net margin of -2.7%. Revenue declined 3.9% year over year. It earns a return on equity of -3.5%. Net debt stands at 600M CNY. Fundamentals as of Jul 5, 2026

Our scenario range runs from ¥0.8100 (bear case) to ¥1.53 (bull case); at ¥8.78, the current price sits above that range. The share trades about 38% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside — at -86%, 600843 screens richer than that median.

Key figures & financial health

Revenue (TTM) 4.3B CNY
Revenue growth (YoY) -3.9%
Net margin -2.7%
Return on equity -3.5%
Free cash flow −196M CNY FY2025
Operating margin -2.5%
More key figures
EPS (TTM) ¥-0.1600
EPS growth (YoY) -37.6%
Net debt 600M CNY FY2024

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Shang Gong Group Co., Ltd. engages in the research, development, production, and sales of various material joining and processing equipment in China and internationally. It offers sewing, embroidery, and cutting equipment; ultrasonic welding equipment; automotive interior and exterior parts; and carbon fiber composite light sport aircraft. The company also develops CAD software, and manufactures and sells special programmable equipment, such as industrial cutting beds, embroidery machines, and mask machines, as well as involved in the trade and logistics, and technology investment. It serves the automobile, aviation, environmental protection, new energy, and consumer goods industries under the Dürkopp Adva, Pfaff Industrial, KSL, Mauser, Solutia Ultrasonic, Shanggong, Gemstone, Richpeace, ICON, Butterfly, Flying Man, and Bee brands. Shang Gong Group Co., Ltd. was founded in 1965 and is headquartered in Shanghai, China.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shang Gong Group reported revenue of ¥4.4B in FY2025 versus ¥3.1B in FY2021, a compound +8.6%/yr. Reported net income was −¥142M in FY2025.

Revenue +8.6%/yr
FY21 ¥3.1B
FY22 ¥3.3B
FY23 ¥3.8B
FY24 ¥4.4B
FY25 ¥4.4B
Net income
FY21 ¥61.7M
FY22 ¥73.2M
FY23 ¥90.7M
FY24 −¥244M
FY25 −¥142M

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Cite: Fair Value Calculator (2026). "Shang Gong Group Fair Value". https://www.fairvalue-calculator.com/stock/600843

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Frequently asked questions

Is Shang Gong Group (600843) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ¥1.23 versus a price of ¥8.78 — about −86% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 600843?
Our model-based fair value for Shang Gong Group is ¥1.23 (as of Jul 5, 2026), built from audited fundamentals. The current price is ¥8.78.
What is the quality score of 600843?
Shang Gong Group has a Quality Score of 44/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shang Gong Group (600843)?
Shang Gong Group reported trailing-twelve-month revenue of about 4.3B CNY (latest available figure, as of Jul 5, 2026).
What is the net profit margin of 600843?
The net profit margin of Shang Gong Group is about -2.7%, 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.