Vcanbio Cell & Gene Engineering Corp Ltd (600645) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Vcanbio Cell & Gene Engineering Corp Ltd stock ¥8.53, price ¥17.55, that is 51.4% below the price, quality 69 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range ¥13.38 – ¥32.94 · fair‑value band ¥6.64 – ¥10.21 · the ¥17.55 price screens above the ¥8.53 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
Follow Vcanbio Cell & Gene Engineering Corp in your weekly email
Every Wednesday you see whether Vcanbio Cell & Gene Engineering Corp is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Vcanbio Cell & Gene Engineering Corp., Ltd, together with its subsidiaries, engages in the preparation and storage of cell detection tests in the People's Republic of China.
Show moreShow less
It offers cell test preparation and storage services for umbilical cord blood hematopoietic stem cells, umbilical cord mesenchymal stem cells, placental pluripotent stem cells, immune cells, adipose stem cells, and dental stem cells.
The company also provides genetic testing services related to non-invasive prenatal genetic testing during pregnancy, genetic testing for drug safety guidance, disease genetic testing, and disease susceptibility testing for children and adults; and in vitro diagnostic raw materials, such as monoclonal antibodies and polyclonal antibody products.
In addition, it is involved in the research, development, production, and sales of biological genes, proteins, antibodies, pharmaceutical intermediates, and synthetic agents; and in vitro diagnostic reagents and medical devices.
The company was founded in 1992 and is based in Tianjin, the People's Republic of China.
Stock analysis
Vcanbio Cell & Gene Engineering Corp Ltd (600645) currently trades at ¥17.55, while our model-based Fair Value estimate is ¥8.53, 51% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of ¥9.41 per share, and 1 of the 26 models we run sit above the ¥17.55 price.
Bear case: the Asset-Based group reads lowest at ¥2.29, and 25 of the 26 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥6.64 (bear) to ¥10.21 (bull), the price of ¥17.55 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 69/100 (solid quality), in the Healthcare sector.
Mixed Growth: Spin-off in 1997: revenue and profit before it include the divested business. Growth is measured afresh from 1997.
Vcanbio Cell & Gene Engineering Corp Ltd reported revenue of 1.5B CNY in FY2025 versus 1.5B CNY in FY2021, a compound −1.3%/yr. Reported net income was 114M CNY in FY2025, compounding −7.5%/yr from FY2021.
Key figures
Market cap 8.2B CNY (≈ $1.2B) Small · P/E ratio 73.1 · P/S ratio 5.88 · EPS (TTM) ¥0.2400 · Net margin 8.4% · Return on equity 3.0% · Return on assets (EBIT) 3.2% (5-year average) · Operating margin 11.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (low confidence).
What moves the price
The share trades about 47% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at 10% fair-value upside, at −51%, 600645 screens richer than that median.
Fair Value models
Bear¥6.64Fair Value ¥8.53Bull¥10.21
Price ¥17.55 · Downside -51.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.2052 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 1997: revenue and profit before it include the divested business. Growth is measured afresh from 1997.
Revenue growth 1 year
−8.2%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−2.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.0%
Start year 2020 (pandemic). Over 10 years: +7.5% a year
Revenue growth 28 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.8%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+1.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+1.9%
Dividend (yield on the price)0.0%
Per share before 1997divided by the spin-off factor 1.1212
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.1.9% vs 9.3%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−7% → 14%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+19.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +17.6% a year for the price.
Compare Vcanbio Cell & Gene Engineering Corp Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Biotechnology · 558 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score69 · Top 25%
Fair Value upside−51.4% · Below median
Profitability
Return on equity (12 months)3.0% · Above median
Return on assets2.2% · Above median
Net margin (12 months)8.4% · Above median
Operating margin (12 months)11.9% · Above median
Growth and dividend
Revenue growth (quarter YoY)−6.4% · Below median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Biotechnology median · lower = cheaper
P/E (12 months)73.1× · Priciest 25%
P/B2.22× · Pricier than median
P/S (12 months)5.88× · Cheaper than median
Price / free cash flow (fiscal year)31.1× · Pricier than median
EV/EBITDA30.8× · Priciest 25%
PEG0.62× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 0
PAST (return on equity)12· sector 0
HEALTH (low debt)100· sector 97
DIVIDEND (yield)0· sector 22
VALUE 0: the price sits above our fair-value range.
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.
Is Vcanbio Cell & Gene Engineering Corp Ltd (600645) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of ¥8.53 versus a price of ¥17.55, about 51% lower (overvalued).
What is the fair value of 600645?
Our model-based fair value for Vcanbio Cell & Gene Engineering Corp Ltd is ¥8.53 (as of Nov 6, 2026), built from audited fundamentals. The current price: ¥17.55.
What is the quality score of 600645?
Vcanbio Cell & Gene Engineering Corp Ltd has a Quality Score of 69/100. 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 price target for Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
Our model-based price target is the fair value of ¥8.53 (as of Nov 6, 2026) from 26 valuation models. Cautious scenario ¥6.64, optimistic scenario ¥10.21. It is a calculation from audited fundamentals, not an analyst target.
What is the Vcanbio Cell & Gene Engineering Corp Ltd stock forecast for 2026?
Our models put fair value at ¥8.53, about 51% lower versus a price of ¥17.55 (overvalued). Cautious scenario ¥6.64, optimistic scenario ¥10.21. The calculation is refreshed regularly with new filings.
What is the revenue of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
Vcanbio Cell & Gene Engineering Corp Ltd reported trailing-twelve-month revenue of about 1.4B CNY (latest available figure, as of Nov 6, 2026).
What growth is priced into Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
For today's price to be fair in a discounted-cash-flow model, Vcanbio Cell & Gene Engineering Corp Ltd would have to grow free cash flow by +19.6 % per year for five years (discount rate 11.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.0 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 600645 use?
Our models discount Vcanbio Cell & Gene Engineering Corp Ltd at 11.9 %: a base by market capitalisation (small), country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Vcanbio Cell & Gene Engineering Corp Ltd that is +19.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.9 %) and the same formula as our fair value.
How much growth has Vcanbio Cell & Gene Engineering Corp Ltd (600645) delivered so far?
Over the past 5 years revenue at Vcanbio Cell & Gene Engineering Corp Ltd grew +2.0 % a year. The price currently implies free-cash-flow growth of +19.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Vcanbio Cell & Gene Engineering Corp Ltd (600645) growing?
The median revenue growth in the sector is +6.2 % a year. That is the yardstick for the growth priced into Vcanbio Cell & Gene Engineering Corp Ltd (+19.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
The free-cash-flow yield on the price is 3.22 %: that much free cash flow Vcanbio Cell & Gene Engineering Corp Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vcanbio Cell & Gene Engineering Corp Ltd it is ¥8.53 per share (as of Nov 6, 2026), against a price of ¥17.55. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Vcanbio Cell & Gene Engineering Corp Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 600645 trades above its calculated fair value: price ¥17.55, fair value ¥8.53, a gap of about −51% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 600645?
No. The price is what the market pays today (¥17.55); the fair value is what the company's own numbers justify (¥8.53). For Vcanbio Cell & Gene Engineering Corp Ltd the two are ¥9.02 per share apart. That gap is exactly why we show both numbers side by side.
How much is Vcanbio Cell & Gene Engineering Corp Ltd worth?
The market values Vcanbio Cell & Gene Engineering Corp Ltd at about 8.2B CNY (market capitalisation, as of Nov 6, 2026). Per share that is ¥17.55; our models calculate a fair value of ¥8.53 per share.
What do the bullish and bearish scenarios say about 600645?
Our models span a range for Vcanbio Cell & Gene Engineering Corp Ltd: cautious scenario ¥6.64, base ¥8.53, optimistic ¥10.21 per share (as of Nov 6, 2026, price ¥17.55). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600645?
Vcanbio Cell & Gene Engineering Corp Ltd trades at a price-to-earnings ratio of 73.1 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥8.53 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 103.6. Other multiples: PEG 0.6, P/B 2.2, P/S 5.9, EV/EBITDA 30.8.
What is the PEG ratio of 600645?
The PEG ratio of Vcanbio Cell & Gene Engineering Corp Ltd is 0.62 (P/E divided by earnings growth, as of Nov 6, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
Balance-sheet figures for Vcanbio Cell & Gene Engineering Corp Ltd (as of Nov 6, 2026): return on equity 3.0%, debt of 0.00 per unit of equity. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is 600645 from its 52-week high?
Vcanbio Cell & Gene Engineering Corp Ltd trades at ¥17.55, about 47% below its 52-week high of ¥32.94 and 5% above the low of ¥16.74 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥8.53 is for.
Which stocks are comparable to Vcanbio Cell & Gene Engineering Corp Ltd?
From the same area (Healthcare) we also value Vertex Pharmaceuticals Incorporated, Regeneron Pharmaceuticals, Inc, CSL Limited, argenx SE, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Vcanbio Cell & Gene Engineering Corp Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price ¥17.55, calculated fair value ¥8.53 (−51%), Quality Score 69/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 600645 calculated?
We run Vcanbio Cell & Gene Engineering Corp Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥8.53 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Vcanbio Cell & Gene Engineering Corp Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
The closing price on Nov 6, 2026 was ¥17.55. Our model-based fair value is ¥8.53, about 51% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vcanbio Cell & Gene Engineering Corp Ltd right now?
The price sits above even our optimistic bull case (¥10.21). The favourable scenario is already priced in. Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Vcanbio Cell & Gene Engineering Corp Ltd (600645) come from?
Earnings per share at Vcanbio Cell & Gene Engineering Corp Ltd grew +0.1 % a year from 2013 to 2024. Broken into its drivers: revenue per share +10.4 %, EBIT margin −8.7 %, tax rate −1.1 %, residual (interest, one-offs) +0.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Vcanbio Cell & Gene Engineering Corp Ltd
How large is the market capitalisation of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
The market capitalisation of Vcanbio Cell & Gene Engineering Corp Ltd is 8.2B CNY (≈ $1.2B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
The price-to-sales ratio of Vcanbio Cell & Gene Engineering Corp Ltd is 5.88 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
Earnings per share at Vcanbio Cell & Gene Engineering Corp Ltd are ¥0.2400 (price ÷ EPS = P/E 73.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
The net margin of Vcanbio Cell & Gene Engineering Corp Ltd is 8.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
The return on equity (ROE) of Vcanbio Cell & Gene Engineering Corp Ltd is 3.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
On an EBIT basis the return on assets of Vcanbio Cell & Gene Engineering Corp Ltd is 3.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
The operating margin of Vcanbio Cell & Gene Engineering Corp Ltd is 11.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
Revenue at Vcanbio Cell & Gene Engineering Corp Ltd is growing −6.4% versus a year earlier (3y avg −2.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Vcanbio Cell & Gene Engineering Corp Ltd (600645)?
Earnings per share at Vcanbio Cell & Gene Engineering Corp Ltd are growing +14.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Vcanbio Cell & Gene Engineering Corp Ltd (600645) hold?
Vcanbio Cell & Gene Engineering Corp Ltd holds more cash than debt, 1.5B CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Vcanbio Cell & Gene Engineering Corp Ltd in the live analysis
One click puts Vcanbio Cell & Gene Engineering Corp Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 6, 2026