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

Consumer Defensive · CN · Market cap 15.6B CNY (≈ $2.3B) · ISIN CNE1000051P1

What is Yunnan Shennong Agricultural Industry Group Co Ltd really worth?

YS Yunnan Shennong Agricultural Industry Group Co Ltd 605296 · SHG
Price¥35.67
Fair Value¥12.93
Upside−63.8%
Quality50/100

A solid business, but trading 176% above our fair value of ¥12.93.

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Risks

!Expensive Growth (revenue 5y +14.5 %/yr)
!Loss over the last twelve months · -10.3% net margin · fiscal year 2025 6.3%
!Low debt · negative free cash flow
!Trails peers (3/12)
!Narrow moat 14/100
!Evidence only medium, so the estimate is less certain
Evidence: Medium Range ¥9.93 – ¥15.94

Fair value as of: Sep 2, 2026

From 16 valuation models · updated 2 days ago

Share price +19.8% 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 (¥15.94). 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.

Price vs Fair Value (5 years)

¥46.78 ¥18.44 Fair Value ¥12.93 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 2, 2026.

How to read this chart

60‑month range ¥18.44 – ¥46.78 · fair‑value band ¥9.93 – ¥15.94 · the ¥35.67 price screens above the ¥12.93 fair value. Dashed = 300-day average. As of Sep 2, 2026.

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Analysis

Yunnan Shennong Agricultural Industry Group Co Ltd (605296) currently trades at ¥35.67, while our model-based Fair Value estimate is ¥12.93, implying the stock looks roughly 175.9% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Consumer Defensive sector. Bull case: the Growth Earnings group reads highest at a median of ¥17.24 per share, and 0 of the 16 models we run sit above the ¥35.67 price. Bear case: the Asset-Based group reads lowest at ¥6.25, and 16 of the 16 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Yunnan Shennong Agricultural Industry Group Co Ltd 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 Sep 2, 2026

Our scenario range runs from ¥9.93 (bear case) to ¥15.94 (bull case); at ¥35.67, 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 3% below its 52-week high and 47% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −19% fair-value upside, at −64%, 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, 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
Residual Income best evidence ¥7.60 ¥8.02 ¥8.53 76
EPV ¥6.68 ¥7.69 ¥8.58 74
ROIC Compounder ¥6.68 ¥7.69 ¥8.58 72
All 16 models by family
Earnings-Based
Graham-Dodd ¥4.38 ¥29.77 ¥41.73 63
Lynch FV ¥8.74 ¥12.48 ¥16.23 61
PEG = 1.0 ¥8.74 ¥12.48 ¥16.23 57
EPV ¥6.68 ¥7.69 ¥8.58 74
Dividend Discount
Gordon GGM ¥3.73 ¥7.76 ¥12.31 66
DDM Multi-Stage ¥3.73 ¥6.54 ¥8.15 66
Multiples
P/E Multiple ¥10.15 ¥13.53 ¥16.91 63
P/S Multiple ¥8.21 ¥10.95 ¥13.69 58
P/B Multiple ¥8.21 ¥10.95 ¥13.69 55
EV/EBIT ¥9.64 ¥12.64 ¥15.65 66
EV/EBITDA ¥15.90 ¥20.99 ¥26.08 67
EV/Revenue ¥7.06 ¥9.81 ¥12.57 54
Asset-Based
NCAV (Graham) ¥4.67 ¥6.25 ¥9.33 54
Economic Profit
Residual Income best evidence ¥7.60 ¥8.02 ¥8.53 76
ROIC Compounder ¥6.68 ¥7.69 ¥8.58 72
Growth Earnings
Growth-Adj P/E ¥12.07 ¥17.24 ¥22.42 67

Widest divergence: Growth Earnings (¥17.24) versus Asset-Based (¥6.25). Highest evidence: Residual Income (76).

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Key figures & financial health

P/S ratio 3.01 TTM
EPS (TTM) ¥−1.04
Dividend yield 1.6%
Net margin 6.3% FY2025
Return on equity −11.6% TTM
Return on assets (EBIT) 4.0% avg 5y
More key figures
Profitability
Operating margin −12.6% TTM
Growth
Revenue (TTM) 5.2B CNY TTM
Revenue growth (YoY) −10.2% 3y avg +17.4%
EPS growth (YoY) −78.8%
Balance sheet & cash flow
Free cash flow −34.6M CNY FY2025
Net cash 480M CNY FY2024

Figures from reported company fundamentals · as of Sep 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 54 · Market factors (momentum, volatility) 70

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 76
Calm price path (market factor)
Momentum 65
Price trend over the last 3–12 months (market factor)
52W Momentum 72
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.

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

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 Co Ltd reported revenue of 5.4B CNY in FY2025 versus 2.8B CNY in FY2021, a compound +17.8%/yr. Reported net income was 339M CNY 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. 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.
+17.4%
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.
+14.5%
Avg. revenue growth/yr (12Y) 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.
+16.9%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−4.9% (−6.5 + 1.6)
Revenue +17.8%/yr
FY21 2.8B CNY
FY22 3.3B CNY
FY23 3.9B CNY
FY24 5.6B CNY
FY25 5.4B CNY
Net income +8.4%/yr
FY21 245M CNY
FY22 256M CNY
FY23 −401M CNY
FY24 687M CNY
FY25 339M CNY
Character of growth · EPS growth decomposed (2013-2024) +7.8 % p.a.
Revenue per share +3.6 %

of which total revenue +20.6 % · buybacks/dilution −14.1 %

EBIT margin +4.4 %
Tax rate +0.3 %
Residual (interest, one-offs) −0.5 %

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).

605296 screens 176% overvalued. Compare with Archer-Daniels-Midland Company →

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

Peer Group

Farm Products · 293 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 −64% · 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) 1.6% · Below median
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Farm Products median · lower = cheaper

P/B 0.48× · Cheaper than median
P/S (TTM) 0.45× · Cheaper than median
EV/EBITDA 5.6× · Pricier 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 25
FUTURE0 · sector 21
PAST0 · sector 19
HEALTH96 · sector 94
DIVIDEND31 · sector 49

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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Sep 2, 2026).

Stock Price Fair Value vs Fair Value
Archer-Daniels-Midland Company ADM $81.54 $38.02 −53%
Muyuan Foods Group 002714 ¥40.15 ¥47.42 +18%
Bunge Global SA BG $111.57 $56.19 −50%
Tyson Foods, Inc TSN $55.40 $28.60 −48%
Wens Foodstuff Group 300498 ¥13.80 ¥11.18 −19%
Mowi ASA MOWI kr 201.80 kr 256.14 +27%
Fujian Wanchen Food Group 300972 ¥201.06 ¥143.09 −29%
United Plantations Berhad 2089 32.60 MYR 23.34 MYR −28%
Charoen Pokphand Foods Public Company CPF 23.40 THB 43.24 THB +85%
PT Charoen Pokphand Indonesia Tbk, CPIN 2,960 IDR 6,818 IDR +130%

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Frequently asked questions

Is Yunnan Shennong Agricultural Industry Group Co Ltd (605296) overvalued or undervalued?
As of Sep 2, 2026, our model estimates a fair value of ¥12.93 versus a price of ¥35.67, about −64% upside (overvalued).
What is the fair value of 605296?
Our model-based fair value for Yunnan Shennong Agricultural Industry Group Co Ltd is ¥12.93 (as of Sep 2, 2026), built from audited fundamentals. The current price: ¥35.67.
What is the quality score of 605296?
Yunnan Shennong Agricultural Industry Group Co Ltd 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 Co Ltd (605296)?
Yunnan Shennong Agricultural Industry Group Co Ltd reported trailing-twelve-month revenue of about 5.2B CNY (latest available figure, as of Sep 2, 2026).
What is the net profit margin of 605296?
The net profit margin of Yunnan Shennong Agricultural Industry Group Co Ltd is about −10.3%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Yunnan Shennong Agricultural Industry Group Co Ltd pay a dividend?
Yunnan Shennong Agricultural Industry Group Co Ltd currently shows a dividend yield of about 1.56% relative to its recent price (as of Sep 2, 2026).
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