EN DE

Shanghai Lingang Holdings (900928) Fair Value & Analysis

Real Estate · CN · Market cap $1.4B

SL Shanghai Lingang Holdings 900928 · SHG
Price$0.6140
Fair Value$1.48
Upside+141.0%
Quality39/100
Watch Shanghai Lingang Holdings for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Solidly profitable · 11.9% net margin
High debt · negative free cash flow
Mixed vs. peers (4/9)
Narrow moat 44/100
Evidence: Medium Range $0.9740 – $1.98 Share as image

Fair value as of: Jul 7, 2026

From 7 valuation models · updated 34 days ago

Fair value updated Jul 7, 2026, revised from $0.4034 to $1.48 (+266.9%) since Jun 26, 2026. Share price +6.2% over the past month.

Below-average quality, screening 141% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (39/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case ($0.9740). The market is more pessimistic than our downside scenario.
  • A fairly wide model range ($0.9740 to $1.98) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$1.14 $0.5160 Fair Value $1.48 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 7, 2026.

How to read this chart

60‑month range $0.5160 – $1.14 · fair‑value band $0.9740 – $1.98 · the $0.6140 price screens below the $1.48 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 7, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Shanghai Lingang Holdings (900928) currently trades at $0.6140, while our model-based Fair Value estimate is $1.48, implying the stock looks roughly 141.0% undervalued today. The Quality Score stands at 39/100 (below-average quality), in the Real Estate 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 Lingang Holdings generated revenue of $7.8B at a net margin of 11.9%. Revenue declined 11.0% year over year. It earns a return on equity of 3.2%. Net debt stands at $19.2B. Fundamentals as of Jul 7, 2026

Our scenario range runs from $0.9740 (bear case) to $1.98 (bull case); at $0.6140, the current price sits below 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 20% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at 141%, 900928 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
Residual Income $4.88 $4.89 $4.54 61
P/S Multiple $4.90 $6.53 $8.16 58
P/B Multiple $4.90 $6.53 $8.16 55
All 7 models by family
Multiples
P/S Multiple $4.90 $6.53 $8.16 58
P/B Multiple $4.90 $6.53 $8.16 55
EV/EBIT $4.88 $8.96 $13.03 53
EV/EBITDA $6.88 $11.63 $16.37 54
EV/Revenue $2.28 $5.17 43
Asset-Based
NCAV (Graham) $3.31 $4.43 $6.62 50
Economic Profit
Residual Income $4.88 $4.89 $4.54 61

Widest divergence: Multiples ($6.53) versus Asset-Based ($4.43). Highest evidence: Residual Income (61).

Key figures & financial health

Revenue (TTM) $7.8B
Revenue growth (YoY) -11.0%
Net margin 11.9%
Return on equity 3.2%
Free cash flow −$1.0B FY2025
P/E ratio 11.3
More key figures
Operating margin 29.1%
EPS (TTM) $0.0500
EPS growth (YoY) -40.0%
Net debt $19.2B FY2025

Figures from reported company fundamentals · as of Jul 7, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 34 · Market factors (momentum, volatility) 48

Profitability 24
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 20
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 88
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 82
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 Lingang Holdings Co.,Ltd. develops and sells industrial carriers in China. The company's portfolio includes research and development technology buildings and industrial plants. It is involved in the park development, management, and operations; and logistics activities. In addition, the company is involved in investment management business.

Full company description

Shanghai Lingang Holdings Co.,Ltd. develops and sells industrial carriers in China. The company's portfolio includes research and development technology buildings and industrial plants. It is involved in the park development, management, and operations; and logistics activities. In addition, the company is involved in investment management business. The company was formerly known as Shanghai Automation Instrumentation Co., Ltd. and changed its name to Shanghai Lingang Holdings Co.,Ltd. in November 2015. Shanghai Lingang Holdings Co.,Ltd. was founded in 1994 and is headquartered in Shanghai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shanghai Lingang Holdings reported revenue of $7.9B in FY2025 versus $6.3B in FY2021, a compound +6.1%/yr. Reported net income was $969M in FY2025, compounding −10.9%/yr from FY2021.

Growth Quality 49/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$7.9B
Latest YoY
−29.7%
Avg. growth/yr (3Y)
+9.8%
Avg. growth/yr (5Y)
+15.1%
Avg. growth/yr (25Y)
+10.7%
Revenue +6.1%/yr
FY21 $6.3B
FY22 $6.0B
FY23 $7.1B
FY24 $11.3B
FY25 $7.9B
Net income −10.9%/yr
FY21 $1.5B
FY22 $1.0B
FY23 $1.1B
FY24 $1.1B
FY25 $969M

Watch 900928: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Shanghai Lingang Holdings Fair Value". https://www.fairvalue-calculator.com/stock/900928

Peer Group

Real Estate Services · 521 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 +141% · Top 25%
Return on equity (TTM) 3% · Below median
Return on assets 1% · Below median
Net margin (TTM) 12% · Above median
Operating margin (TTM) 29% · Above median
Revenue growth -11% · Bottom 25%
Debt / equity 1.58× · Higher than 75% of peers

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 11.3× · 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 100 · sector 37
FUTURE 0 · sector 10
PAST 13 · sector 16
HEALTH 21 · sector 85
DIVIDEND 0 · sector 49

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 Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Jul 7, 2026).

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 223,000 VND 25,731 VND -88%
KE Holdings 2423 HK$44.76 HK$18.03 -60%
Swire Properties Limited 1972 HK$23.90 HK$18.75 -22%
Plaza S.A MALLPLAZA 3,725 CLP 5,571 CLP +50%
SAGAA SAGAA kr 170.00 kr 75.55 -56%
Cencosud Shopping S.A CENCOMALLS 2,324 CLP 2,976 CLP +28%
PT Sarana Menara Nusantara Tbk. owns and TOWR 372.00 IDR 1,208 IDR +225%
PT Metropolitan Kentjana Tbk MKPI 20,975 IDR 19,160 IDR -9%
PT Bangun Kosambi Sukses Tbk, CBDK 3,530 IDR 3,464 IDR -2%
IRSA Inversiones y Representaciones Sociedad Anónima, IRSA 2,495 ARS 3,998 ARS +60%

Compare Shanghai Lingang Holdings with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Shanghai Lingang Holdings (900928) overvalued or undervalued?
As of Jul 7, 2026, our model estimates a fair value of $1.48 versus a price of $0.6140, about +141% (undervalued).
What is the fair value of 900928?
Our model-based fair value for Shanghai Lingang Holdings is $1.48 (as of Jul 7, 2026), built from audited fundamentals. The current price is $0.6140.
What is the quality score of 900928?
Shanghai Lingang Holdings has a Quality Score of 39/100. 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 Lingang Holdings (900928)?
Shanghai Lingang Holdings reported trailing-twelve-month revenue of about $7.8B (latest available figure, as of Jul 7, 2026).
What is the net profit margin of 900928?
The net profit margin of Shanghai Lingang Holdings is about 11.9%, meaning it keeps roughly 11.9% of revenue as net income. 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.

14 days Pro free · no card

Track Shanghai Lingang Holdings and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.