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Pa Shun International Holdings (0574) Fair Value & Analysis

Healthcare · HK · Market cap HK$35.8M

PS Pa Shun International Holdings 0574 · HK
PriceHK$0.0180
Fair ValueHK$0.0184
Upside+2.2%
Quality34/100
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Weak Growth
Loss-making · -18.3% net margin
Negative equity (buybacks among others) · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 22/100
Evidence: Low Range HK$0.0184 – HK$0.0202 Share as image

Fair value as of: Aug 13, 2026

From 5 valuation models · updated 2 days ago

Below-average quality, currently priced close to our fair value.

What matters now

  • The price is below even our cautious bear case (HK$0.0184). The market is more pessimistic than our downside scenario.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The models converge in a tight band (HK$0.0184 to HK$0.0202), unusually little disagreement for a valuation.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

HK$0.0698 HK$0.0180 Fair Value HK$0.0184 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.0180 – HK$0.0698 · fair‑value band HK$0.0184 – HK$0.0202 · the HK$0.0180 price screens below the HK$0.0184 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Pa Shun International Holdings (0574) currently trades at HK$0.0180, while our model-based Fair Value estimate is HK$0.0184, implying the stock looks roughly 2.2% fairly valued today. The Quality Score stands at 34/100 (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, Pa Shun International Holdings generated revenue of HK$86.8M at a net margin of -18.3%. Revenue grew 1.0% year over year. It earns a return on equity of -22.0%. Net debt stands at HK$40.0M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0184 (bear case) to HK$0.0202 (bull case); at HK$0.0180, 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. The share trades about 76% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -14% fair-value upside, at 2%, 0574 screens cheaper than that median.

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Key figures & financial health

Revenue (TTM) HK$86.8M
Revenue growth (YoY) +1.0%
Net margin -18.3%
Return on equity -22.0%
Free cash flow −HK$11.7M FY2025
Operating margin 16.4%
More key figures
EPS (TTM) HK$-0.0100
EPS growth (YoY) +684%
Net debt HK$40.0M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 30 · Market factors (momentum, volatility) 15

Profitability 11
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 3
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 2
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

Pa Shun International Holdings Limited, an investment holding company, engages in the pharmaceutical distribution and manufacturing businesses in the People's Republic of China. The company sells pharmaceutical products to wholesalers, hospitals, and other medical institutions in rural areas. It also sells pharmaceutical products manufactured by the company.

Full company description

Pa Shun International Holdings Limited, an investment holding company, engages in the pharmaceutical distribution and manufacturing businesses in the People's Republic of China. The company sells pharmaceutical products to wholesalers, hospitals, and other medical institutions in rural areas. It also sells pharmaceutical products manufactured by the company. The company was formerly known as Pa Shun Pharmaceutical International Holdings Limited and changed its name to Pa Shun International Holdings Limited in June 2017. Pa Shun International Holdings Limited was incorporated in 2011 and is headquartered in Wan Chai, Hong Kong. Pa Shun International Holdings Limited operates as a subsidiary of Praise Treasure Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Pa Shun International Holdings reported revenue of HK$86.8M in FY2025 versus HK$86.4M in FY2021, a compound +0.1%/yr. Reported net income was −HK$15.9M in FY2025.

Growth Quality 6/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$86.8M
Latest YoY
+0.3%
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.
+6.5%
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.
−28.8%
Avg. growth/yr (13Y) 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.
−14.9%
Revenue +0.1%/yr
FY21 HK$86.4M
FY22 HK$71.8M
FY23 HK$129M
FY24 HK$86.6M
FY25 HK$86.8M
Net income
FY21 −HK$54.4M
FY22 −HK$43.4M
FY23 HK$2.4M
FY24 −HK$15.3M
FY25 −HK$15.9M

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Cite: Fair Value Calculator (2026). "Pa Shun International Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0574

Peer Group

Pharmaceutical Retailers · 62 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 34 · Bottom 25%
Fair Value upside +11% · Above median
Return on assets 2% · Below median
Net margin (TTM) -18% · Bottom 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth 1% · Below median

Valuation Multiples vs Pharmaceutical Retailers median · lower = cheaper

P/S (TTM) 0.05× · Cheaper than 75% of peers
EV/EBITDA 22.8× · Pricier 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 48 · sector 23
FUTURE 5 · sector 18
PAST 0 · sector 16
HEALTH 100 · sector 97
DIVIDEND 0 · 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

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

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Frequently asked questions

Is Pa Shun International Holdings (0574) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0184 versus a price of HK$0.0180, about +2% (fairly valued).
What is the fair value of 0574?
Our model-based fair value for Pa Shun International Holdings is HK$0.0184 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.0180.
What is the quality score of 0574?
Pa Shun International Holdings has a Quality Score of 34/100. 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 Pa Shun International Holdings (0574)?
Pa Shun International Holdings reported trailing-twelve-month revenue of about HK$86.8M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0574?
The net profit margin of Pa Shun International Holdings is about -18.3%, 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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