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China Healthwise Holdings Ltd (0348) Fair Value & Analysis

Healthcare · HK · Market cap HK$43.1M (≈ $5.5M) · ISIN KYG2120E1290

What is China Healthwise Holdings Ltd really worth?

CH China Healthwise Holdings Ltd 0348 · HK
PriceHK$0.0700
Fair ValueHK$0.0638
Upside−8.9%
Quality50/100

A solid business, currently priced close to our fair value of HK$0.0638.

As of Aug 17, 2026, the fair value of China Healthwise Holdings Ltd is HK$0.0638 per share against a price of HK$0.0700, so the fair value sits 9% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Negative equity (buybacks among others) · generates free cash flow

Risks

!Weak Growth (revenue 5y −6.3 %/yr)
!Loss-making · -2.6% net margin
!Trails peers (4/11)
!Narrow moat 7/100
!Evidence only low, so the estimate is less certain
!Weak on valuation: 14 out of 100
Evidence: Low Range HK$0.0470 – HK$0.0722

Fair value as of: Aug 17, 2026

From 9 valuation models · updated 20 days ago

Fair value updated Aug 17, 2026, revised from HK$0.0626 to HK$0.0638 (+2.0%) since Aug 13, 2026. Share price +16.7% 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 close to our fair value, market and models broadly agree here, little valuation tension.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (5 years)

HK$0.3850 HK$0.0340 Fair Value HK$0.0638 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 17, 2026.

How to read this chart

60‑month range HK$0.0340 – HK$0.3850 · fair‑value band HK$0.0470 – HK$0.0722 · the HK$0.0700 price screens above the HK$0.0638 fair value. Dashed = 300-day average. As of Aug 17, 2026.

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Analysis

China Healthwise Holdings Ltd (0348) currently trades at HK$0.0700, while our model-based Fair Value estimate is HK$0.0638, implying the stock looks roughly 9.7% fairly valued today. The Quality Score stands at 50/100 (solid quality), in the Healthcare sector. Bull case: the Multiples group reads highest at a median of HK$0.0600 per share, and 0 of the 9 models we run sit above the HK$0.0700 price. Bear case: the Dividend Discount group reads lowest at HK$0.0200, and 9 of the 9 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, China Healthwise Holdings Ltd generated revenue of HK$99.6M at a net margin of −2.6%. Revenue declined 7.9% year over year. Net debt stands at HK$96.9M. Fundamentals as of Aug 17, 2026

Our scenario range runs from HK$0.0470 (bear case) to HK$0.0722 (bull case); at HK$0.0700, the current price sits within 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 68% below its 52-week high and 37% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −21% fair-value upside, at −9%, 0348 screens cheaper 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
FCF DCF best evidence HK$0.0400 HK$0.0500 HK$0.0600 82
Growth DCF HK$0.0400 HK$0.0500 HK$0.0600 80
Owner Earnings HK$0.0500 HK$0.0600 HK$0.0700 78
All 9 models by family
DCF Models
FCF DCF best evidence HK$0.0400 HK$0.0500 HK$0.0600 82
Owner Earnings HK$0.0500 HK$0.0600 HK$0.0700 78
5Y Revenue Exit HK$0.0400 HK$0.0500 HK$0.0700 73
10Y Revenue Exit HK$0.0400 HK$0.0500 HK$0.0600 68
Dividend Discount
Gordon GGM HK$0.0200 HK$0.0200 HK$0.0300 69
DDM Multi-Stage HK$0.0200 HK$0.0300 HK$0.0300 67
Multiples
EV/Revenue HK$0.0500 HK$0.0600 HK$0.0800 54
Growth DCF
Growth DCF HK$0.0400 HK$0.0500 HK$0.0600 80
Rev-Margin DCF HK$0.0400 HK$0.0600 HK$0.0700 74

Widest divergence: Multiples (HK$0.0600) versus Dividend Discount (HK$0.0200). Highest evidence: FCF DCF (82).

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Key figures & financial health

P/S ratio 0.43 TTM
Dividend yield 5.6%
Net margin −2.6% FY2026
Return on equity −317% TTM
Return on assets (EBIT) −21.4% avg 5y
Operating margin 3.5% TTM
More key figures
Growth
Revenue (TTM) HK$99.6M TTM
Revenue growth (YoY) −7.9% 3y avg −11.2%
Balance sheet & cash flow
Free cash flow HK$2.9M FY2026
Net debt HK$96.9M FY2026 · ≈ 32.9 yrs of FCF

Figures from reported company fundamentals · as of Aug 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 49 · Market factors (momentum, volatility) 25

Profitability 31
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 8
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 6
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.

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

China Healthwise Holdings Limited, an investment holding company, engages in the sale of Chinese health products in Hong Kong. It operates through three segments: Chinese Health Products, Money Lending Business, and Investment in Financial Instruments.

Full company description

China Healthwise Holdings Limited, an investment holding company, engages in the sale of Chinese health products in Hong Kong. It operates through three segments: Chinese Health Products, Money Lending Business, and Investment in Financial Instruments. The company sells Chinese and other pharmaceutical products, health products, ginseng, and dried seafood products to wholesalers and retailers; and trades and retails Sum Yung and dried seafood under the Nam Pei Hong brand name. It is also involved in money lending business; and invests in financial instruments. The company was formerly known as Haier Healthwise Holdings Limited and changed its name to China Healthwise Holdings Limited in January 2017. China Healthwise Holdings Limited was incorporated in 1997 and is headquartered in Central, Hong Kong.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

China Healthwise Holdings Ltd reported revenue of HK$99.6M in FY2026 versus HK$170M in FY2022, a compound −12.5%/yr. Reported net income was −HK$2.6M in FY2026.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
HK$99.6M
Latest YoY
−12.3%
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.
−11.2%
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.
−6.3%
Avg. revenue growth/yr (26Y) 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.
−6.9%
EBIT margin (trend) 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.
−37.9% (2021) → −12.7% (2026)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue −12.5%/yr
FY22 HK$170M
FY23 HK$142M
FY24 HK$146M
FY25 HK$114M
FY26 HK$99.6M
Net income
FY22 −HK$103M
FY23 −HK$54.3M
FY24 −HK$135M
FY25 −HK$40.3M
FY26 −HK$2.6M

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Cite: Fair Value Calculator (2026). "China Healthwise Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/0348.HK

Peer Group

Pharmaceutical Retailers · 57 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 50 · Below median
Fair Value upside −14% · Below median
Return on assets −6% · Bottom 25%
Net margin (TTM) −3% · Bottom 25%
Operating margin (TTM) 4% · Above median
Revenue growth −8% · Bottom 25%
Dividend yield (TTM) 5.6% · Top 25%

Valuation Multiples vs Pharmaceutical Retailers median · lower = cheaper

P/S (TTM) 0.06× · Cheaper than 75% of peers
P/FCF 1.9× · 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
VALUE14 · sector 20
FUTURE0 · sector 19
PAST0 · sector 15
HEALTH100 · sector 98
DIVIDEND100 · sector 63

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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 Pharmaceutical Retailers stocks, each showing price versus our Fair Value estimate (as of Aug 17, 2026).

Stock Price Fair Value vs Fair Value
JD Health International Inc 6618 HK$38.86 HK$33.31 −14%
Alibaba Health Information Technology Limited 0241 HK$3.26 HK$2.04 −37%
Yifeng Pharmacy Chain Co 603939 ¥22.90 ¥29.07 +27%
DaShenLin Pharmaceutical Group 603233 ¥18.79 ¥23.86 +27%
MedPlus Health Services Limited MEDPLUS ₹656.80 ₹191.97 −71%
LBX Pharmacy Chain Joint Stock Company 603883 ¥13.44 ¥10.57 −21%
Yixintang Pharmaceutical Group 002727 ¥11.61 ¥9.45 −19%
Anhui Huaren Health Pharmaceutical Co 301408 ¥16.31 ¥10.05 −38%
ShuYu Civilian Pharmacy Corp 301017 ¥13.30 ¥5.91 −56%
Apotea AB APOTEA kr 74.15 kr 46.46 −37%

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Frequently asked questions

Is China Healthwise Holdings Ltd (0348) overvalued or undervalued?
As of Aug 17, 2026, our model estimates a fair value of HK$0.0638 versus a price of HK$0.0700, about −9% upside (fairly valued).
What is the fair value of 0348?
Our model-based fair value for China Healthwise Holdings Ltd is HK$0.0638 (as of Aug 17, 2026), built from audited fundamentals. The current price: HK$0.0700.
What is the quality score of 0348?
China Healthwise Holdings Ltd has a Quality Score of 50/100. 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 China Healthwise Holdings Ltd (0348)?
Our model-based price target is the fair value of HK$0.0638 (as of Aug 17, 2026) from 9 valuation models. Cautious scenario HK$0.0470, optimistic scenario HK$0.0722. It is a calculation from audited fundamentals, not an analyst target.
What is the China Healthwise Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$0.0638, about −9% upside versus a price of HK$0.0700 (fairly valued). Cautious scenario HK$0.0470, optimistic scenario HK$0.0722. The calculation is refreshed regularly with new filings.
What is the revenue of China Healthwise Holdings Ltd (0348)?
China Healthwise Holdings Ltd reported trailing-twelve-month revenue of about HK$99.6M (latest available figure, as of Aug 17, 2026).
What is the net profit margin of 0348?
The net profit margin of China Healthwise Holdings Ltd is about −2.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does China Healthwise Holdings Ltd pay a dividend?
China Healthwise Holdings Ltd currently shows a dividend yield of about 5.61% relative to its recent price (as of Aug 17, 2026).
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