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China-Singapore Suzhou Industrial Park Development Group (601512) Fair Value & Analysis

Industrials · CN · Market cap 11.8B CNY

CS China-Singapore Suzhou Industrial Park Development Group 601512 · SHG
Price¥7.85
Fair Value¥8.79
Upside+12.0%
Quality54/100
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Weak Growth
Highly profitable · 31.9% net margin
Low debt · generates free cash flow
2.69% dividend yield
Mixed vs. peers (7/14)
Moderate moat 58/100
Evidence: Medium Range ¥6.81 – ¥10.21 Share as image

Fair value as of: Aug 8, 2026

From 22 valuation models · updated 2 days ago

Fair value updated Aug 8, 2026, revised from ¥9.11 to ¥8.79 (−3.5%) since Jul 11, 2026. Share price −0.3% over the past month.

A solid business, screening 12% undervalued on our models.

What matters now

  • Our model range runs from ¥6.81 (bear) to ¥10.21 (bull), base ¥8.79. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 54/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

¥11.35 ¥6.38 Fair Value ¥8.79 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 ¥6.38 – ¥11.35 · fair‑value band ¥6.81 – ¥10.21 · the ¥7.85 price screens below the ¥8.79 fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

China-Singapore Suzhou Industrial Park Development Group (601512) currently trades at ¥7.85, while our model-based Fair Value estimate is ¥8.79, implying the stock looks roughly 12.0% undervalued today. The Quality Score stands at 54/100 (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, China-Singapore Suzhou Industrial Park Development Group generated revenue of 2.9B CNY at a net margin of 31.9%. Revenue declined 40.0% year over year. It earns a return on equity of 5.4%. Net debt stands at 4.9B CNY. Fundamentals as of Aug 8, 2026

Our scenario range runs from ¥6.81 (bear case) to ¥10.21 (bull case); at ¥7.85, 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 31% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 12%, 601512 screens cheaper 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 ¥3.07 ¥5.11 ¥8.60 80
Residual Income ¥8.25 ¥8.67 ¥9.23 76
Rev-Margin DCF ¥1.05 ¥2.43 ¥4.16 74
All 22 models by family
DCF Models
FCF DCF ¥2.82 ¥4.92 ¥8.81 38
Owner Earnings ¥3.66 ¥6.10 ¥10.60 31
5Y Revenue Exit ¥1.05 ¥2.30 ¥4.12 39
5Y EBITDA Exit ¥4.81 ¥8.81 ¥14.12 41
5Y P/E Exit ¥5.36 ¥9.77 ¥15.03 38
10Y Revenue Exit ¥1.63 ¥2.63 ¥3.66 36
10Y EBITDA Exit ¥3.98 ¥6.66 ¥9.53 37
10Y P/E Exit ¥4.32 ¥7.25 ¥10.07 35
Earnings-Based
Graham-Dodd ¥4.79 ¥5.86 ¥6.59 54
EPV ¥2.90 ¥3.80 ¥4.59 59
Multiples
P/E Multiple ¥11.10 ¥14.80 ¥18.49 63
P/S Multiple ¥3.22 ¥4.29 ¥5.36 58
P/B Multiple ¥8.98 ¥11.98 ¥14.97 55
EV/EBIT ¥6.51 ¥9.52 ¥12.53 53
EV/EBITDA ¥7.51 ¥10.85 ¥14.20 54
EV/Revenue ¥0.1600 ¥1.32 ¥2.48 43
Asset-Based
NCAV (Graham) ¥5.11 ¥6.84 ¥10.21 50
Growth DCF
Growth DCF ¥3.07 ¥5.11 ¥8.60 80
Rev-Margin DCF ¥1.05 ¥2.43 ¥4.16 74
Economic Profit
Residual Income ¥8.25 ¥8.67 ¥9.23 76
ROIC Compounder ¥2.90 ¥3.80 ¥4.59 72
Growth Earnings
Growth-Adj P/E ¥7.84 ¥11.19 ¥14.55 68

Widest divergence: Growth Earnings (¥11.19) versus Growth DCF (¥2.43). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.9B CNY
Revenue growth (YoY) -40.0%
Net margin 31.9%
Return on equity 5.4%
Free cash flow 826M CNY FY2025
P/E ratio 13.6
More key figures
Operating margin 23.0%
EPS (TTM) ¥0.6100
Dividend yield 2.6%
EPS growth (YoY) -52.9%
Net debt 4.9B CNY FY2025

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 53 · Market factors (momentum, volatility) 36

Profitability 35
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 74
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 22
Distance to the 52-week high (market factor)
Net Issuance 76
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-Singapore Suzhou Industrial Park Development Group Co., Ltd. engages in the investment, construction, development, and operation of real estate properties in China. It develops industrial parks and scientific research carriers; leases commercial properties; rents apartments; and provides property and project management services.

Full company description

China-Singapore Suzhou Industrial Park Development Group Co., Ltd. engages in the investment, construction, development, and operation of real estate properties in China. It develops industrial parks and scientific research carriers; leases commercial properties; rents apartments; and provides property and project management services. The company is also involved in the hotels and hotel-style apartment management, industrial investment, municipal engineering construction, municipal utilities, and photovoltaic power station development, develop operational business; and provides consulting services. The company was founded in 1994 and is based in Suzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China-Singapore Suzhou Industrial Park Development Group reported revenue of ¥3.2B in FY2025 versus ¥3.9B in FY2021, a compound −4.8%/yr. Reported net income was ¥1.1B in FY2025, compounding −8.7%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.2B CNY
Latest YoY
+19.7%
Avg. growth/yr (3Y)
−12.2%
Avg. growth/yr (5Y)
−1.2%
Avg. growth/yr (14Y)
−1.6%
Revenue −4.8%/yr
FY21 ¥3.9B
FY22 ¥4.7B
FY23 ¥3.7B
FY24 ¥2.7B
FY25 ¥3.2B
Net income −8.7%/yr
FY21 ¥1.5B
FY22 ¥1.6B
FY23 ¥1.4B
FY24 ¥637M
FY25 ¥1.1B

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Cite: Fair Value Calculator (2026). "China-Singapore Suzhou Industrial Park Development Group Fair Value". https://www.fairvalue-calculator.com/stock/601512

Peer Group

Engineering & Construction · 837 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 54 · Above median
Fair Value upside +12% · Above median
Return on equity (TTM) 5% · Below median
Return on assets 1% · Below median
Net margin (TTM) 32% · Top 25%
Operating margin (TTM) 23% · Top 25%
Revenue growth -40% · Bottom 25%
Dividend yield (TTM) 2.7% · Above median
Debt / equity 0.48× · Higher than 75% of peers

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 12.9× · Cheaper than median
P/B 0.77× · Cheaper than median
P/S (TTM) 4.10× · Pricier than 75% of peers
P/FCF 2.1× · Pricier than median
EV/EBITDA 12.2× · 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 49 · sector 16
FUTURE 0 · sector 18
PAST 22 · sector 26
HEALTH 76 · sector 94
DIVIDEND 54 · sector 33

Insider activity: 40/100

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is China-Singapore Suzhou Industrial Park Development Group (601512) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of ¥8.79 versus a price of ¥7.85, about +12% (undervalued).
What is the fair value of 601512?
Our model-based fair value for China-Singapore Suzhou Industrial Park Development Group is ¥8.79 (as of Aug 8, 2026), built from audited fundamentals. The current price is ¥7.85.
What is the quality score of 601512?
China-Singapore Suzhou Industrial Park Development Group has a Quality Score of 54/100. 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-Singapore Suzhou Industrial Park Development Group (601512)?
China-Singapore Suzhou Industrial Park Development Group reported trailing-twelve-month revenue of about 2.9B CNY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of 601512?
The net profit margin of China-Singapore Suzhou Industrial Park Development Group is about 31.9%, meaning it keeps roughly 31.9% of revenue as net income. Based on the latest reported figures.
Does China-Singapore Suzhou Industrial Park Development Group pay a dividend?
China-Singapore Suzhou Industrial Park Development Group currently shows a dividend yield of about 2.59% 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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