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Shanxi Guoxin Energy Co Ltd B (900913) Fair Value & Analysis

Energy · CN · Market cap $422M

SG Shanxi Guoxin Energy Co Ltd B 900913 · SHG
Price$0.2220
Fair Value$0.3000
Upside+35.1%
Quality40/100
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Strengths

Trades 26% below our fair value of $0.3000

Risks

!Mixed Growth (revenue 5y +8.2 %/yr)
!Loss-making · -1.9% net margin
!High debt · generates free cash flow
!Mixed vs. peers (6/13)
Mixed Growth (revenue 5y +8.2 %/yr)
Loss-making · -1.9% net margin
High debt · generates free cash flow
Mixed vs. peers (6/13)
Narrow moat 16/100
Evidence: Medium Range $0.0942 – $0.3086 Share as image

Fair value as of: Aug 24, 2026

From 10 valuation models · updated 2 days ago

Fair value updated Aug 24, 2026, revised from $0.0400 to $0.3000 (+650.0%) since Aug 13, 2026. Share price +2.8% over the past month.

Below-average quality, trading 26% below our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The large discount to fair value meets weak quality (40/100). That raises the risk this is a value trap rather than a bargain.
  • The model range is unusually wide ($0.0942 to $0.3086). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

$0.4150 $0.1500 Fair Value $0.3000 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 24, 2026.

How to read this chart

60‑month range $0.1500 – $0.4150 · fair‑value band $0.0942 – $0.3086 · the $0.2220 price screens below the $0.3000 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 24, 2026.

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Analysis

Shanxi Guoxin Energy Co Ltd B (900913) currently trades at $0.2220, while our model-based Fair Value estimate is $0.3000, implying the stock looks roughly 35.1% undervalued today. The Quality Score stands at 40/100 (below-average quality), in the Energy 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, Shanxi Guoxin Energy Co Ltd B generated revenue of $14.7B at a net margin of -1.9%. Revenue declined 12.6% year over year. It earns a return on equity of -1.9%. Net debt stands at $11.5B. Fundamentals as of Aug 24, 2026

Our scenario range runs from $0.0942 (bear case) to $0.3086 (bull case); at $0.2220, 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 16% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -39% fair-value upside, at 35%, 900913 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 Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF $1.64 $3.69 $6.09 80
Rev-Margin DCF $1.14 $3.01 74
EV/EBITDA $0.2800 $1.65 54
All 10 models by family
DCF Models
FCF DCF $1.51 $3.75 $6.48 38
5Y Revenue Exit $1.01 $2.90 39
5Y EBITDA Exit $1.50 $3.45 41
10Y Revenue Exit $0.1700 $1.67 $3.40 36
10Y EBITDA Exit $0.4100 $1.97 $3.76 37
Multiples
EV/EBITDA $0.2800 $1.65 54
EV/Revenue $0.9700 43
Asset-Based
NCAV (Graham) $1.00 $1.34 $2.00 50
Growth DCF
Growth DCF $1.64 $3.69 $6.09 80
Rev-Margin DCF $1.14 $3.01 74

Widest divergence: DCF Models ($1.67) versus Multiples ($0.2800). Highest evidence: Growth DCF (80).

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Key figures & financial health

P/S ratio 0.03 TTM
Net margin -1.9% TTM
Return on equity -1.9% TTM
Return on assets 0.8% TTM
Operating margin 6.9% TTM
EPS (TTM) $-0.0200
More key figures
Growth
Revenue (TTM) $14.7B TTM
Revenue growth (YoY) -12.6% 3y avg -0.2%
EPS growth (YoY) +16.7%
Balance sheet & cash flow
Free cash flow $1.5B FY2025
Net debt $11.5B FY2025 · ≈ 7.8 yrs of FCF

Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 40/100

Of which business quality 39 · Market factors (momentum, volatility) 52

Profitability 14
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 8
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 40
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Shanxi Guoxin Energy Corporation Limited engages natural gas development and utilization, and consulting services. It is also involved in the sale of pipeline transportation services of natural gas and ethanol; provision of gas storage facilities leasing services; development, construction, operation, management, and heating of central heating projects; …

Full company description

Shanxi Guoxin Energy Corporation Limited engages natural gas development and utilization, and consulting services. It is also involved in the sale of pipeline transportation services of natural gas and ethanol; provision of gas storage facilities leasing services; development, construction, operation, management, and heating of central heating projects; production, processing, and sales of natural gas stoves and instrumentation equipment; information technology development and consulting services; and import and export business, as well as operation, management, and related consultation activities of new energy enterprises. The company was formerly known as Shanghai Lianhua Synthetic Fiber Co., Ltd. and changed its name to Shanxi Guoxin Energy Corporation Limited in July 2014. The company was founded in 1992 and is based in Taiyuan, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shanxi Guoxin Energy Co Ltd B reported revenue of $15.4B in FY2025 versus $12.6B in FY2021, a compound +5.1%/yr. Reported net income was −$285M in FY2025.

Growth Quality 47/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$15.4B
Latest YoY
−4.9%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.2%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.2%
Avg. revenue growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.5%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +5.1%/yr
FY21 $12.6B
FY22 $15.4B
FY23 $17.2B
FY24 $16.1B
FY25 $15.4B
Net income
FY21 $45.4M
FY22 $63.7M
FY23 $78.0M
FY24 −$340M
FY25 −$285M

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Cite: Fair Value Calculator (2026). "Shanxi Guoxin Energy Co Ltd B Fair Value". https://www.fairvalue-calculator.com/stock/900913

Peer Group

Oil & Gas Midstream · 88 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 40 · Bottom 25%
Fair Value upside +35% · Top 25%
Return on assets 1% · Bottom 25%
Net margin (TTM) -2% · Bottom 25%
Operating margin (TTM) 7% · Below median
Revenue growth -13% · Bottom 25%
Debt / equity 3.03× · Higher than 75% of peers

Valuation Multiples vs Oil & Gas Midstream median · lower = cheaper

P/B 0.11× · Cheaper than 75% of peers
P/S (TTM) 0.03× · Cheaper than 75% of peers
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 7.9× · Cheaper than median
PEG 0.73× · Cheaper than 75% of peers

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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE80 · sector 0
FUTURE0 · sector 44
PAST0 · sector 42
HEALTH0 · sector 55
DIVIDEND0 · sector 92

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

Similar stocks

10 more Oil & Gas Midstream stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
Enbridge Inc ENB $51.44 $35.83 -30%
The Williams Companies, Inc WMB $73.70 $11.73 -84%
Enterprise Products Partners L.P. EPD $37.92 $24.74 -35%
TC Energy Corporation TRP C$88.72 C$24.53 -72%
Kinder Morgan, Inc KMI $31.73 $10.92 -66%
Energy Transfer LP, ET $20.95 $11.45 -45%
MPLX LP owns and MPLX $59.94 $36.42 -39%
ONEOK, Inc OKE $92.47 $58.62 -37%
Targa Resources Corp TRGP $268.67 $79.61 -70%
Cheniere Energy, Inc LNG $279.17 $199.99 -28%

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Frequently asked questions

Is Shanxi Guoxin Energy Co Ltd B (900913) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of $0.3000 versus a price of $0.2220, about +35% (undervalued).
What is the fair value of 900913?
Our model-based fair value for Shanxi Guoxin Energy Co Ltd B is $0.3000 (as of Aug 24, 2026), built from audited fundamentals. The current price: $0.2220.
What is the quality score of 900913?
Shanxi Guoxin Energy Co Ltd B has a Quality Score of 40/100. 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 Shanxi Guoxin Energy Co Ltd B (900913)?
Shanxi Guoxin Energy Co Ltd B reported trailing-twelve-month revenue of about $14.7B (latest available figure, as of Aug 24, 2026).
What is the net profit margin of 900913?
The net profit margin of Shanxi Guoxin Energy Co Ltd B is about -1.9%, 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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