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Yunnan Shennong Agricultural Industry Group (605296) Fair Value & Analysis

Consumer Defensive · CN · Market cap 13.7B CNY

YS Yunnan Shennong Agricultural Industry Group 605296 · SHG
Price¥29.73
Fair Value¥12.97
Upside-56.4%
Quality50/100
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Expensive Growth
Loss-making · -10.3% net margin
Low debt · negative free cash flow
Trails peers (4/12)
Narrow moat 14/100
Evidence: High Range ¥9.95 – ¥15.98 Share as image

Fair value as of: Jul 12, 2026

From 16 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from ¥13.56 to ¥12.97 (−4.4%) since Jun 24, 2026. Share price +4.5% over the past month.

A solid business, but screening 56% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥15.98). The favourable scenario is already priced in.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥46.78 ¥18.44 Fair Value ¥12.97 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range ¥18.44 – ¥46.78 · fair‑value band ¥9.95 – ¥15.98 · the ¥29.73 price screens above the ¥12.97 fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Yunnan Shennong Agricultural Industry Group (605296) currently trades at ¥29.73, while our model-based Fair Value estimate is ¥12.97, implying the stock looks roughly 56.4% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Consumer Defensive 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: high).

Over the trailing twelve months, Yunnan Shennong Agricultural Industry Group generated revenue of 5.2B CNY at a net margin of -10.3%. Revenue declined 10.2% year over year. It earns a return on equity of -11.6%. The balance sheet holds a net cash position of 480M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥9.95 (bear case) to ¥15.98 (bull case); at ¥29.73, the current price sits above 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 19% below its 52-week high and 23% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 102% fair-value upside, at -56%, 605296 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 ¥7.62 ¥8.04 ¥8.55 76
ROIC Compounder ¥6.70 ¥7.72 ¥8.60 72
Gordon GGM ¥3.74 ¥7.78 ¥12.35 70
All 16 models by family
Earnings-Based
Graham-Dodd ¥4.39 ¥29.85 ¥41.84 54
Lynch FV ¥8.76 ¥12.52 ¥16.27 50
PEG = 1.0 ¥8.76 ¥12.52 ¥16.27 46
EPV ¥6.70 ¥7.72 ¥8.60 59
Dividend Discount
Gordon GGM ¥3.74 ¥7.78 ¥12.35 70
DDM Multi-Stage ¥3.74 ¥6.56 ¥8.17 61
Multiples
P/E Multiple ¥10.17 ¥13.56 ¥16.96 63
P/S Multiple ¥8.24 ¥10.98 ¥13.73 58
P/B Multiple ¥8.24 ¥10.98 ¥13.73 55
EV/EBIT ¥9.66 ¥12.68 ¥15.69 53
EV/EBITDA ¥15.94 ¥21.04 ¥26.15 54
EV/Revenue ¥7.08 ¥9.84 ¥12.61 43
Asset-Based
NCAV (Graham) ¥4.68 ¥6.27 ¥9.36 50
Economic Profit
Residual Income ¥7.62 ¥8.04 ¥8.55 76
ROIC Compounder ¥6.70 ¥7.72 ¥8.60 72
Growth Earnings
Growth-Adj P/E ¥12.11 ¥17.29 ¥22.48 68

Widest divergence: Growth Earnings (¥17.29) versus Asset-Based (¥6.27). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 5.2B CNY
Revenue growth (YoY) -10.2%
Net margin -10.3%
Return on equity -11.6%
Free cash flow −34.6M CNY FY2025
Operating margin -12.6%
More key figures
EPS (TTM) ¥-1.04
EPS growth (YoY) -78.8%
Net cash 480M CNY FY2024

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 54 · Market factors (momentum, volatility) 44

Profitability 37
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 43
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 58
Disciplined investing over empire-building
Low Volatility 71
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 35
Distance to the 52-week high (market factor)
Net Issuance 80
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

Yunnan Shennong Agricultural Industry Group Co.,LTD. engages in the feed production, pig breeding, and slaughter and processing businesses in China. Its activities include feed processing, pig breeding, pig slaughtering, and fresh pork food sales. The company was founded in 1999 and is based in Kunming, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yunnan Shennong Agricultural Industry Group reported revenue of ¥5.4B in FY2025 versus ¥2.8B in FY2021, a compound +17.8%/yr. Reported net income was ¥339M in FY2025, compounding +8.4%/yr from FY2021.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
5.4B CNY
Latest YoY
−4.2%
Avg. growth/yr (3Y)
+17.4%
Avg. growth/yr (5Y)
+14.5%
Avg. growth/yr (12Y)
+16.9%
Revenue +17.8%/yr
FY21 ¥2.8B
FY22 ¥3.3B
FY23 ¥3.9B
FY24 ¥5.6B
FY25 ¥5.4B
Net income +8.4%/yr
FY21 ¥245M
FY22 ¥256M
FY23 −¥401M
FY24 ¥687M
FY25 ¥339M

605296 screens 56% overvalued. Compare with Muyuan Foods Group →

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Cite: Fair Value Calculator (2026). "Yunnan Shennong Agricultural Industry Group Fair Value". https://www.fairvalue-calculator.com/stock/605296

Peer Group

Farm Products · 291 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 50 · Below median
Fair Value upside −56% · Bottom 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -10% · Bottom 25%
Operating margin (TTM) -13% · Bottom 25%
Revenue growth -10% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Farm Products median · lower = cheaper

P/B 0.41× · Cheaper than median
P/S (TTM) 0.39× · Cheaper than median
EV/EBITDA 4.7× · 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 0 · sector 26
FUTURE 0 · sector 21
PAST 0 · sector 17
HEALTH 96 · sector 94
DIVIDEND 0 · 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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.90 ¥48.19 +18%
Wens Foodstuff Group 300498 ¥14.51 ¥12.08 -17%
Mowi ASA MOWI kr 188.40 kr 262.59 +39%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,120 IDR 7,076 IDR +127%
Charoen Pokphand Foods Public Company CPF 22.00 THB 55.71 THB +153%
PT Triputra Agro Persada Tbk TAPG 1,540 IDR 3,105 IDR +102%
PT FAP Agri Tbk FAPA 7,300 IDR 7,463 IDR +2%
PT Japfa Comfeed Indonesia Tbk JPFA 2,070 IDR 7,231 IDR +249%
Thaifoods Group TFGR 10.60 THB 23.53 THB +122%
PT Jhonlin Agro Raya Tbk JARR 1,845 IDR 610.80 IDR -67%

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Frequently asked questions

Is Yunnan Shennong Agricultural Industry Group (605296) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥12.97 versus a price of ¥29.73, about −56% (overvalued).
What is the fair value of 605296?
Our model-based fair value for Yunnan Shennong Agricultural Industry Group is ¥12.97 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥29.73.
What is the quality score of 605296?
Yunnan Shennong Agricultural Industry Group has a Quality Score of 50/100. 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 Yunnan Shennong Agricultural Industry Group (605296)?
Yunnan Shennong Agricultural Industry Group reported trailing-twelve-month revenue of about 5.2B CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 605296?
The net profit margin of Yunnan Shennong Agricultural Industry Group is about -10.3%, 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.

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