EN DE

Guangzhou Friendship Group Co Ltd (000987) Fair Value & Analysis

Financial Services · CN · Market cap 38.7B CNY (≈ $5.8B) · ISIN CNE0000013M0

What is Guangzhou Friendship Group Co Ltd really worth?

GF Guangzhou Friendship Group Co Ltd 000987 · SHE
Price¥7.69
Fair Value¥5.62
Upside−26.9%
Quality49/100

Below-average quality, and trading another 37% above our fair value of ¥5.62.

Watch Guangzhou Friendship Group Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Highly profitable · 116.7% net margin

Risks

!Expensive Growth (revenue 5y +5.9 %/yr)
!High debt · generates free cash flow
!Mixed vs. peers (8/15)
!Moderate moat 56/100

For context

·2.86% dividend yield
Evidence: High Range ¥4.21 – ¥7.02

Fair value as of: Sep 3, 2026

From 2 valuation models · updated yesterday

Fair value updated Sep 3, 2026, revised from ¥5.63 to ¥5.62 (−0.2%) since Aug 13, 2026. Share price −2.5% over the past month.

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (¥7.02). The favourable scenario is already priced in.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

¥11.50 ¥4.52 Fair Value ¥5.62 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 3, 2026.

How to read this chart

60‑month range ¥4.52 – ¥11.50 · fair‑value band ¥4.21 – ¥7.02 · the ¥7.69 price screens above the ¥5.62 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 3, 2026.

Full chart & analysis →

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

Analysis

Guangzhou Friendship Group Co Ltd (000987) currently trades at ¥7.69, while our model-based Fair Value estimate is ¥5.62, implying the stock looks roughly 36.8% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Financial Services sector. How firm this estimate is: it rests on 23 models at a data quality of 83/100, which puts the evidence level at high.

Trailing-twelve-month revenue stands at 3.6B CNY. Revenue declined 26.9% year over year. It earns a return on equity of 10.8%. Net debt stands at 78.1B CNY. Fundamentals as of Sep 3, 2026

Our scenario range runs from ¥4.21 (bear case) to ¥7.02 (bull case); at ¥7.69, 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 37% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at −34% fair-value upside, at −27%, 000987 screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥0.4145 per share, which is 7.4 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
P/B Multiple ¥4.22 ¥5.63 ¥7.04 55
NCAV (Graham) ¥3.31 ¥4.44 ¥6.62 54
All 2 models by family
Multiples
P/B Multiple ¥4.22 ¥5.63 ¥7.04 55
Asset-Based
NCAV (Graham) ¥3.31 ¥4.44 ¥6.62 54

Widest divergence: Multiples (¥5.63) versus Asset-Based (¥4.44). Highest evidence: P/B Multiple (55).

Notify me when 000987 reaches fair value

Put 000987 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 9.3
P/S ratio 4.16 P/E × margin
EPS (TTM) ¥0.8300 price ÷ EPS = P/E 9.3
Dividend yield 2.9% payout 26.5%
Net margin 44.9% FY2025
Return on equity 10.8% TTM
More key figures
Profitability
Return on assets (EBIT) 2.1% avg 5y
Operating margin −62.0% TTM
Growth
Revenue (TTM) 3.6B CNY TTM
Revenue growth (YoY) −26.9% 3y avg −17.9%
EPS growth (YoY) +98.6%
Balance sheet & cash flow
Free cash flow 1.3B CNY FY2025
Net debt 78.1B CNY FY2025 · ≈ 60.9 yrs of FCF

Figures from reported company fundamentals · as of Sep 3, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 43

Profitability 36
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 26
Balance sheet, leverage, solvency risk
Investment 43
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 81
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

Guangzhou Yuexiu Capital Holdings Group Co., Ltd. operates a financial holding platform in China. The company offers financial leasing business products, such as livelihood project, inclusive leasing, high-end equipment, operating lease, and clean energy business; asset management business, including acquisition of public non-performing assets; transfer of …

Full company description

Guangzhou Yuexiu Capital Holdings Group Co., Ltd. operates a financial holding platform in China. The company offers financial leasing business products, such as livelihood project, inclusive leasing, high-end equipment, operating lease, and clean energy business; asset management business, including acquisition of public non-performing assets; transfer of public non-performing assets; debt restructuring; bankruptcy reorganization; substantial restructuring; standardized debt investments; and bulk acquisition of individual non-performing assets. It also provides industrial fund business products comprising FoF investment, equity investment, and mezzanine investment; futures brokerage, asset management, trading consulting, risk management subsidiary, re-guarantee, and other products and services; and enterprise financing, financial products, personal financing, and non-financial guarantee business, as well as re-guarantee business. The company was formerly known as Guangzhou Yuexiu Financial Holdings Group Co., Ltd. Guangzhou Yuexiu Capital Holdings Group Co., Ltd. was founded in 1959 and is based in Guangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangzhou Friendship Group Co Ltd reported revenue of 7.8B CNY in FY2025 versus 13.3B CNY in FY2021, a compound −12.4%/yr. Reported net income was 3.5B CNY in FY2025, compounding +9.1%/yr from FY2021.

Growth Quality 61/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
7.8B CNY
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.
+5.9%
Avg. revenue growth/yr (27Y) 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.
+10.4%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year.
+3.9% (1.0 + 2.9)
Revenue −12.4%/yr
FY21 13.3B CNY
FY22 14.2B CNY
FY23 14.8B CNY
FY24 13.2B CNY
FY25 7.8B CNY
Net income +9.1%/yr
FY21 2.5B CNY
FY22 2.5B CNY
FY23 2.4B CNY
FY24 2.3B CNY
FY25 3.5B CNY
Character of growth · EPS growth decomposed (2013-2024) +6.5 % p.a.
Revenue per share −2.4 %

of which total revenue +17.0 % · buybacks/dilution −16.6 %

EBIT margin +10.0 %
Tax rate +0.6 %
Residual (interest, one-offs) −1.5 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

000987 screens 37% overvalued. Compare with ORIX Corporation →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
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). "Guangzhou Friendship Group Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/000987

Peer Group

Financial Conglomerates · 55 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 52 · Above median
Fair Value upside −27% · Below median
Return on equity (TTM) 11% · Above median
Return on assets 2% · Above median
Net margin (TTM) 117% · Top 25%
Operating margin (TTM) −62% · Bottom 25%
Revenue growth −27% · Bottom 25%
Dividend yield (TTM) 2.9% · Above median
Debt / equity 2.60× · Higher than 75% of peers

Valuation Multiples vs Financial Conglomerates median · lower = cheaper

P/E (TTM) 9.3× · Cheaper than 75% of peers
P/B 1.17× · Cheaper than median
P/S (TTM) 10.86× · Pricier than 75% of peers
P/FCF 4.5× · Pricier than median
EV/EBITDA 20.5× · Pricier than 75% of peers
PEG 0.69× · Cheaper than median

Strength profile in five axes (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
VALUE0 · sector 0
FUTURE0 · sector 39
PAST43 · sector 33
HEALTH0 · sector 84
DIVIDEND57 · sector 52

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

Similar stocks

10 more Financial Conglomerates stocks, each showing price versus our Fair Value estimate (as of Sep 3, 2026).

Stock Price Fair Value vs Fair Value
ORIX Corporation IX $39.73 $35.47 −11%
Bajaj Finserv Ltd BAJAJFINSV ₹2,029 ₹796.96 −61%
China Galaxy Securities Co 601881 ¥12.36 ¥11.34 −8%
Guosen Securities Co 002736 ¥10.24 ¥10.84 +6%
CNPC Capital Company 000617 ¥6.96 ¥6.99 +0%
Aditya Birla Capital Limited ABCAPITAL ₹410.95 ₹119.98 −71%
Freedom Holding FRHC $171.87 $31.31 −82%
Voya Financial, Inc VOYA $99.49 $62.37 −37%
Storebrand ASA STB kr 200.40 kr 46.42 −77%
Bicecorp S.A BICE 396.11 CLP 261.70 CLP −34%

Compare Guangzhou Friendship Group Co Ltd with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

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

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Guangzhou Friendship Group Co Ltd (000987) overvalued or undervalued?
As of Sep 3, 2026, our model estimates a fair value of ¥5.62 versus a price of ¥7.69, about −27% upside (overvalued).
What is the fair value of 000987?
Our model-based fair value for Guangzhou Friendship Group Co Ltd is ¥5.62 (as of Sep 3, 2026), built from audited fundamentals. The current price: ¥7.69.
What is the quality score of 000987?
Guangzhou Friendship Group Co Ltd has a Quality Score of 49/100. 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 Guangzhou Friendship Group Co Ltd (000987)?
Guangzhou Friendship Group Co Ltd reported trailing-twelve-month revenue of about 3.6B CNY (latest available figure, as of Sep 3, 2026).
What is the net profit margin of 000987?
The net profit margin of Guangzhou Friendship Group Co Ltd is about 116.7%, meaning it keeps roughly 116.7% of revenue as net income. Based on the latest reported figures.
Does Guangzhou Friendship Group Co Ltd pay a dividend?
Guangzhou Friendship Group Co Ltd currently shows a dividend yield of about 2.86% relative to its recent price (as of Sep 3, 2026).
Free · no account needed

Watch Guangzhou Friendship Group Co Ltd in the live analysis

One click puts Guangzhou Friendship Group Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.