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Dezhan HealthCare Co Ltd (000813) Fair Value & Analysis

Healthcare · CN · Market cap 6.5B CNY (≈ $964M) · ISIN CNE000000VV8

What is Dezhan HealthCare Co Ltd really worth?

DH Dezhan HealthCare Co Ltd 000813 · SHE
Price¥3.43
Fair Value¥1.11
Upside−67.6%
Quality43/100

Below-average quality, and trading another 209% above our fair value of ¥1.11.

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Risks

!Weak Growth (revenue 5y −16.2 %/yr)
!Loss-making · -90.3% net margin
!Low debt · negative free cash flow
!Trails peers (2/11)
!Narrow moat 12/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range ¥0.7300 – ¥1.39

Fair value as of: Aug 28, 2026

From 1 valuation models · updated 7 days ago

Share price +0.6% 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 (¥1.39). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (¥0.7300 to ¥1.39) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

¥5.17 ¥2.08 Fair Value ¥1.11 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 28, 2026.

How to read this chart

60‑month range ¥2.08 – ¥5.17 · fair‑value band ¥0.7300 – ¥1.39 · the ¥3.43 price screens above the ¥1.11 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. Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

Dezhan HealthCare Co Ltd (000813) currently trades at ¥3.43, while our model-based Fair Value estimate is ¥1.11, implying the stock looks roughly 209.0% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Healthcare sector. How firm this estimate is: it rests on 1 models at a data quality of 93/100, which puts the evidence level at low.

Over the trailing twelve months, Dezhan HealthCare Co Ltd generated revenue of 396M CNY at a net margin of −90.3%. Revenue declined 0.7% year over year. It earns a return on equity of −9.0%. The balance sheet holds a net cash position of 2.5B CNY. Fundamentals as of Aug 28, 2026

Our scenario range runs from ¥0.7300 (bear case) to ¥1.39 (bull case); at ¥3.43, 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 35% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −45% fair-value upside, at −68%, 000813 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
NCAV (Graham) best evidence ¥1.11 ¥1.48 ¥2.21 54
All 1 models by family
Asset-Based
NCAV (Graham) best evidence ¥1.11 ¥1.48 ¥2.21 54

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Key figures & financial health

P/S ratio 16.3 TTM
EPS (TTM) ¥−0.1700
Dividend yield 0.0%
Net margin −87.0% FY2025
Return on equity −9.0% TTM
Return on assets (EBIT) −1.1% avg 5y
More key figures
Profitability
Operating margin −54.0% TTM
Growth
Revenue (TTM) 396M CNY TTM
Revenue growth (YoY) −0.7% 3y avg −11.4%
EPS growth (YoY) +119%
Balance sheet & cash flow
Free cash flow −231M CNY FY2025
Net cash 2.5B CNY FY2024

Figures from reported company fundamentals · as of Aug 28, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 44 · Market factors (momentum, volatility) 37

Profitability 2
Margins and returns on capital today
Quality Growth 9
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 17
Distance to the 52-week high (market factor)
Net Issuance 100
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

Dezhan Healthcare Company Limited engages in the research and development, manufacture, and sale of cardiovascular and cerebrovascular drugs in the People's Republic of China.

Full company description

Dezhan Healthcare Company Limited engages in the research and development, manufacture, and sale of cardiovascular and cerebrovascular drugs in the People's Republic of China. The company offers atorvastatin calcium tablets, amlodipine atorvastatin calcium tablets, trimetazidine hydrochloride capsules, amiodarone hydrochloride tablets, as well as other drugs, including famciclovir tablets, azathioprine tablets, and hydroxyurea tablets and colchicine tablet. It also involved in the provision of biological peptides, industrial hemp, and medical service business. The company was founded in 1980 and is based in Beijing, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dezhan HealthCare Co Ltd reported revenue of 397M CNY in FY2025 versus 734M CNY in FY2021, a compound −14.3%/yr. Reported net income was −345M CNY in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
397M CNY
Latest YoY
−14.9%
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.
−11.4%
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.
−16.2%
Avg. revenue growth/yr (30Y) 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.
+0.8%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −14.3%/yr
FY21 734M CNY
FY22 571M CNY
FY23 498M CNY
FY24 466M CNY
FY25 397M CNY
Net income
FY21 −57.6M CNY
FY22 −47.0M CNY
FY23 83.3M CNY
FY24 −20.4M CNY
FY25 −345M CNY

000813 screens 209% overvalued. Compare with Merck KGaA →

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Cite: Fair Value Calculator (2026). "Dezhan HealthCare Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/000813

Peer Group

Drug Manufacturers - Specialty & Generic · 608 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 44 · Below median
Fair Value upside −69% · Bottom 25%
Return on assets −2% · Bottom 25%
Net margin (TTM) −90% · Bottom 25%
Operating margin (TTM) −54% · Bottom 25%
Revenue growth −1% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Drug Manufacturers - Specialty & Generic median · lower = cheaper

P/B 0.21× · Cheaper than 75% of peers
P/S (TTM) 2.43× · 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 2
FUTURE0 · sector 22
PAST0 · sector 26
HEALTH99 · sector 97
DIVIDEND0 · sector 29

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 Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Aug 28, 2026).

Stock Price Fair Value vs Fair Value
Merck KGaA MRK €140.25 €106.48 −24%
Takeda Pharmaceutical Company TAK $18.03 $11.11 −38%
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.76 ¥25.94 −52%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,944 ₹989.50 −49%
Galderma Group GALD CHF 178.55 CHF 55.07 −69%
Haleon plc HLN $10.11 $7.64 −24%
Teva Pharmaceutical Industries Limited TEVA $36.05 $15.33 −57%
Sandoz Group SDZ CHF 70.66 CHF 39.21 −45%
Zoetis Inc ZTS $77.10 $104.88 +36%
Hansoh Pharmaceutical Group 3692 HK$35.12 HK$16.18 −54%

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Frequently asked questions

Is Dezhan HealthCare Co Ltd (000813) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of ¥1.11 versus a price of ¥3.43, about −68% upside (overvalued).
What is the fair value of 000813?
Our model-based fair value for Dezhan HealthCare Co Ltd is ¥1.11 (as of Aug 28, 2026), built from audited fundamentals. The current price: ¥3.43.
What is the quality score of 000813?
Dezhan HealthCare Co Ltd has a Quality Score of 43/100. 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 Dezhan HealthCare Co Ltd (000813)?
Dezhan HealthCare Co Ltd reported trailing-twelve-month revenue of about 396M CNY (latest available figure, as of Aug 28, 2026).
What is the net profit margin of 000813?
The net profit margin of Dezhan HealthCare Co Ltd is about −90.3%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Dezhan HealthCare Co Ltd pay a dividend?
Dezhan HealthCare Co Ltd currently shows a dividend yield of about 0.02% relative to its recent price (as of Aug 28, 2026).
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