Shangshan Gold International Holdings (HKSE:01939) Moat Score: 0/10 (As of Sep. 01, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01939 Shangshan Gold International Holdings Ltd HKSE:01939
56 GF Score
Price HK$0.52
GF Value HK$1.32
Valuation Possible Value Trap
! 4 Warning Signs
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What is Shangshan Gold International Holdings Moat Score?

Shangshan Gold International Holdings has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Shangshan Gold International Holdings has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Shangshan Gold International Holdings might have No Moat - No discernible moat.

Shangshan Gold International Holdings  (HKSE:01939) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Shangshan Gold International Holdings Moat Score Related Terms

HKSE:01939
56GF Score
Shangshan Gold International Holdings Ltd HKSE:01939
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Shangshan Gold International Holdings (HKSE:01939) Overvalued in 2026?

Based on GuruFocus' analysis, Shangshan Gold International Holdings stock appears to be undervalued. The current stock price of HK$0.52 is trading 61% below its estimated GF Value™ of HK$1.32. GuruFocus considers Shangshan Gold International Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01939:

  • Moat Score: 0
  • GF Value™: HK$1.32 vs. price of HK$0.52 (61% below fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shangshan Gold International Holdings Business Description

Address 3-7-5 Kyobashi, 2nd and 3rd Floor, Kyobashi-Square, Chuo-ku, Tokyo, JPN, 104-0031
Shangshan Gold International Holdings Ltd Formerly Tokyo Chuo Auction Holdings Ltd is an investment holding company. The company's operating segment includes the Operation of art auction and related business and Artwork sales. The company is in auctioneering a wide variety of artworks with emphasis on Chinese and Japanese artworks, including Chinese paintings and calligraphies, Chinese antiques and Japanese and Chinese teawares. It generates maximum revenue from the Operation of art auction and related business and Artwork sales segment. Geographically, it derives a majority of revenue from Japan.
56GF Score

Get the complete analysis for HKSE:01939

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.52
Price
HK$1.32
GF Value