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Sailong Pharmaceutical Group (002898) Fair Value & Analysis

Healthcare · CN · Market cap 65.1M CNY

SP Sailong Pharmaceutical Group 002898 · SHE
Price¥0.3700
Fair Value¥0.5193
Upside+40.4%
Quality43/100
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Expensive Growth
Loss-making · -20.9% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/9)
Narrow moat 14/100
Evidence: Low Range ¥0.3790 – ¥0.6575 Share as image

Fair value as of: Aug 7, 2026

From 2 valuation models · updated 3 days ago

Fair value updated Aug 7, 2026, revised from ¥0.1100 to ¥0.5193 (+372.1%) since Jul 22, 2026. Share price −95.5% over the past month.

Below-average quality, screening 40% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (43/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (¥0.3790). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

¥18.58 ¥0.3200 Fair Value ¥0.5193 Jan 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 7, 2026.

How to read this chart

60‑month range ¥0.3200 – ¥18.58 · fair‑value band ¥0.3790 – ¥0.6575 · the ¥0.3700 price screens below the ¥0.5193 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 7, 2026.

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Analysis

Sailong Pharmaceutical Group (002898) currently trades at ¥0.3700, while our model-based Fair Value estimate is ¥0.5193, implying the stock looks roughly 40.4% undervalued today. The Quality Score stands at 43/100 (below-average quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, Sailong Pharmaceutical Group generated revenue of 618M CNY at a net margin of -20.9%. Revenue grew 183.8% year over year. It earns a return on equity of -29.1%. Net debt stands at 31.9M CNY. Fundamentals as of Aug 7, 2026

Our scenario range runs from ¥0.3790 (bear case) to ¥0.6575 (bull case); at ¥0.3700, the current price sits below 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. For context, the median of 10 Healthcare peers we cover trades at -43% fair-value upside, at 40%, 002898 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

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
EV/EBITDA ¥2.29 ¥2.96 ¥3.62 54
NCAV (Graham) ¥1.08 ¥1.45 ¥2.16 50
All 2 models by family
Multiples
EV/EBITDA ¥2.29 ¥2.96 ¥3.62 54
Asset-Based
NCAV (Graham) ¥1.08 ¥1.45 ¥2.16 50

Widest divergence: Multiples (¥2.96) versus Asset-Based (¥1.45). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) 618M CNY
Revenue growth (YoY) +184%
Net margin -20.9%
Return on equity -29.1%
Free cash flow −4.3M CNY FY2025
Operating margin -1.2%
More key figures
EPS (TTM) ¥-0.7300
EPS growth (YoY) -49.5%
Net debt 31.9M CNY FY2025

Figures from reported company fundamentals · as of Aug 7, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 41 · Market factors (momentum, volatility) 20

Profitability 12
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 82
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.

About the company

Sailong Pharmaceutical Group Co.,Ltd. researches, develops, produces, markets, and services pharmaceutical intermediates, raw materials, and preparations in China.

Full company description

Sailong Pharmaceutical Group Co.,Ltd. researches, develops, produces, markets, and services pharmaceutical intermediates, raw materials, and preparations in China. The company offers esomeprazole sodium, ornithine aspartate, thymus, argatroban, tigecycline, monosialotetrahexose ganglioside sodium, cerebroprotein hydrolysate, milrinone, parecoxib sodium, tranexamic acid, clindamycin phosphate, pantoprazole sodium products, etc. It provides its products for therapeutic areas, such as cardiovascular, cerebrovascular, nerve, digestive system, proton pump inhibitors, anti-infectives, anti-bleeding drugs, analgesics, and other fields. Sailong Pharmaceutical Group Co.,Ltd. was formerly known as Zhuhai Sailong Pharmaceutical Co.,Ltd. and changed its name to Sailong Pharmaceutical Group Co.,Ltd. in September 2021. The company was founded in 2002 and is based in Zhuhai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sailong Pharmaceutical Group reported revenue of ¥519M in FY2025 versus ¥247M in FY2021, a compound +20.4%/yr. Reported net income was −¥121M in FY2025.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
519M CNY
Latest YoY
+96.8%
Avg. 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.
+25.2%
Avg. 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.
+33.9%
Avg. 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.
+7.4%
Revenue +20.4%/yr
FY21 ¥247M
FY22 ¥264M
FY23 ¥311M
FY24 ¥264M
FY25 ¥519M
Net income
FY21 −¥23.3M
FY22 −¥37.3M
FY23 ¥9.5M
FY24 −¥33.1M
FY25 −¥121M

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Cite: Fair Value Calculator (2026). "Sailong Pharmaceutical Group Fair Value". https://www.fairvalue-calculator.com/stock/002898

Peer Group

Biotechnology · 601 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 41 · Below median
Fair Value upside +41% · Top 25%
Return on assets -3% · Above median
Net margin (TTM) -21% · Bottom 25%
Operating margin (TTM) -1% · Below median
Revenue growth 184% · Top 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/S (TTM) 0.02× · Cheaper than 75% of peers

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.

VALUE 87 · sector 0
FUTURE 100 · sector 0
PAST 0 · sector 0
HEALTH 99 · sector 98
DIVIDEND 0 · sector 23

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Biotechnology stocks, each showing price versus our Fair Value estimate (as of Aug 7, 2026).

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $486.03 $278.78 -43%
Regeneron Pharmaceuticals, Inc REGN $664.45 $594.40 -11%
Samsung Biologics Co 207940 1,368,000 KRW 1,091,384 KRW -20%
Celltrion, Inc 068270 175,800 KRW 76,325 KRW -57%
WuXi Biologics (Cayman) Inc 2269 HK$39.54 HK$30.42 -23%
Innovent Biologics, Inc 1801 HK$86.70 HK$19.66 -77%
Sino Biopharmaceutical Limited 1177 HK$5.26 HK$3.36 -36%
ALTEOGEN Inc 196170 276,500 KRW 44,444 KRW -84%
RemeGen Co 688331 ¥134.02 ¥26.99 -80%
Biocon Limited BIOCON ₹440.70 ₹57.36 -87%

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Frequently asked questions

Is Sailong Pharmaceutical Group (002898) overvalued or undervalued?
As of Aug 7, 2026, our model estimates a fair value of ¥0.5193 versus a price of ¥0.3700, about +40% (undervalued).
What is the fair value of 002898?
Our model-based fair value for Sailong Pharmaceutical Group is ¥0.5193 (as of Aug 7, 2026), built from audited fundamentals. The current price is ¥0.3700.
What is the quality score of 002898?
Sailong Pharmaceutical Group 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 Sailong Pharmaceutical Group (002898)?
Sailong Pharmaceutical Group reported trailing-twelve-month revenue of about 618M CNY (latest available figure, as of Aug 7, 2026).
What is the net profit margin of 002898?
The net profit margin of Sailong Pharmaceutical Group is about -20.9%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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