Shanghai Zhonggu Logistics Valuation

Q: What is the Fair Price of 603565 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

603565 (CN¥7.89) is trading below our estimate of [[fair value]] (CN¥9.79)

Is 603565 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 603565 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603565 (CN¥7.89) is trading below our estimate of fair value (CN¥9.79)

Significantly Below Fair Value: 603565 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603565?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 603565. This is calculated by dividing 603565's market cap by their current preferred multiple.
What is 603565's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CN¥16.57b

603565 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.3x
Enterprise Value/EBITDA	8x
PEG Ratio	1.4x

Price to Earnings Ratio vs Peers

How does 603565's PE Ratio compare to its peers?

The above table shows the PE ratio for 603565 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	17.4x
601083 Shanghai Jinjiang Shipping (Group)	19.1x	n/a	CN¥11.0b
601022 Ningbo Ocean Shipping	19.5x	n/a	CN¥10.0b
600179 Antong Holdings	19.6x	n/a	CN¥8.6b
600428 COSCO SHIPPING Specialized CarriersLtd	11.5x	19.8%	CN¥11.7b
603565 Shanghai Zhonggu Logistics	10.5x	7.3%	CN¥16.6b

Price-To-Earnings vs Peers: 603565 is good value based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (17.4x).

Price to Earnings Ratio vs Industry

How does 603565's PE Ratio compare vs other companies in the Asian Shipping Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	16.0%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	16.0%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 603565 is good value based on its Price-To-Earnings Ratio (10.5x) compared to the Asian Shipping industry average (11x).

Price to Earnings Ratio vs Fair Ratio

What is 603565's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

603565 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.5x
Fair PE Ratio	14.3x

Price-To-Earnings vs Fair Ratio: 603565 is good value based on its Price-To-Earnings Ratio (10.5x) compared to the estimated Fair Price-To-Earnings Ratio (14.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 603565 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥7.89	CN¥11.27 +42.8%	9.2%	CN¥12.40	CN¥9.90	n/a	3
Aug ’25	CN¥8.81	CN¥11.87 +34.7%	3.3%	CN¥12.40	CN¥11.50	n/a	3
Jul ’25	CN¥8.94	CN¥11.87 +32.7%	3.3%	CN¥12.40	CN¥11.50	n/a	3
Jun ’25	CN¥9.50	CN¥11.60 +22.1%	0.9%	CN¥11.70	CN¥11.50	n/a	2
May ’25	CN¥8.65	CN¥11.60 +34.1%	0.9%	CN¥11.70	CN¥11.50	n/a	2
Apr ’25	CN¥9.02	CN¥11.60 +28.6%	0.9%	CN¥11.70	CN¥11.50	n/a	2
Mar ’25	CN¥7.83	CN¥12.10 +54.5%	3.3%	CN¥12.50	CN¥11.70	n/a	2
Feb ’25	CN¥7.21	CN¥12.10 +67.8%	3.3%	CN¥12.50	CN¥11.70	n/a	2
Jan ’25	CN¥8.23	CN¥12.10 +47.0%	3.3%	CN¥12.50	CN¥11.70	n/a	2
Dec ’24	CN¥9.21	CN¥12.10 +31.4%	3.3%	CN¥12.50	CN¥11.70	n/a	2
Nov ’24	CN¥9.25	CN¥12.64 +36.6%	7.4%	CN¥13.58	CN¥11.70	n/a	2
Oct ’24	CN¥9.82	CN¥12.94 +31.8%	4.9%	CN¥13.58	CN¥12.30	n/a	2
Sep ’24	CN¥9.67	CN¥13.92 +44.0%	11.6%	CN¥15.54	CN¥12.30	n/a	2
Aug ’24	CN¥11.27	CN¥14.83 +31.6%	4.8%	CN¥15.54	CN¥14.12	CN¥8.81	2
Jul ’24	CN¥10.80	CN¥14.83 +37.3%	4.8%	CN¥15.54	CN¥14.12	CN¥8.94	2
Jun ’24	CN¥10.04	CN¥14.83 +47.7%	4.8%	CN¥15.54	CN¥14.12	CN¥9.50	2
May ’24	CN¥11.22	CN¥14.83 +32.1%	4.8%	CN¥15.54	CN¥14.12	CN¥8.65	2
Apr ’24	CN¥11.53	CN¥14.32 +24.2%	8.5%	CN¥15.54	CN¥13.11	CN¥9.02	2
Mar ’24	CN¥10.76	CN¥14.32 +33.1%	8.5%	CN¥15.54	CN¥13.11	CN¥7.83	2
Feb ’24	CN¥11.10	CN¥14.32 +29.0%	8.5%	CN¥15.54	CN¥13.11	CN¥7.21	2
Jan ’24	CN¥9.82	CN¥14.32 +45.8%	8.5%	CN¥15.54	CN¥13.11	CN¥8.23	2
Dec ’23	CN¥11.37	CN¥14.32 +26.0%	8.5%	CN¥15.54	CN¥13.11	CN¥9.21	2
Nov ’23	CN¥9.08	CN¥14.32 +57.7%	8.5%	CN¥15.54	CN¥13.11	CN¥9.25	2
Oct ’23	CN¥9.91	CN¥17.62 +77.9%	14.9%	CN¥20.24	CN¥15.00	CN¥9.82	2
Sep ’23	CN¥11.32	CN¥17.62 +55.6%	14.9%	CN¥20.24	CN¥15.00	CN¥9.67	2
Aug ’23	CN¥12.64	CN¥17.62 +39.4%	14.9%	CN¥20.24	CN¥15.00	CN¥11.27	2

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.