Tangrenshen Group Co., Ltd (002567.SZ)

Tangrenshen Group Co., Ltd (002567.SZ) — VMCI valuation read

Headline read on 002567.SZ: VMCI of 52/100 versus a Consumer Defensive sector median of 50. The 2-point above-median position is what makes Tangrenshen Group Co., Ltd a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on 002567.SZ: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on 002567.SZ: value (002567.SZ trades at 19.0x earnings, 6% above the Consumer Defensive median of 18.0x), quality (ROIC of 19.0% sits 9.0pp above the Consumer Defensive median (10.0%)), and risk (net debt to EBITDA of 2.9x is the rate-sensitivity line to watch). The value read also implies an EV/EBITDA gap of +4.0x against the Consumer Defensive 12.0x baseline.

002567.SZ fell 2.1% over the trailing 7 days, with a -16.2% read on a 30-day basis.