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Shanghai Junshi Biosciences Co (1877) Fair Value & Analysis

Healthcare · HK · Market cap HK$18.7B

SJ Shanghai Junshi Biosciences Co 1877 · HK
PriceHK$19.37
Fair ValueHK$1.91
Upside-90.1%
Quality33/100
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Evidence: Low Range HK$0.8300 – HK$3.45

Fair value as of: Jul 2, 2026

From 3 valuation models · updated 9 days ago

Share price +16.7% over the past month.

Price vs Fair Value (12 months)

HK$36.84 HK$15.37 Fair Value HK$1.91 Jun 2025 Jul 2026

12‑month range HK$15.37 – HK$36.84 · fair‑value band HK$0.8300 – HK$3.45 · the HK$19.37 price screens above the HK$1.91 fair value. As of Jul 2, 2026.

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Analysis

Shanghai Junshi Biosciences Co (1877) currently trades at HK$19.37, while our model-based Fair Value estimate is HK$1.91 — implying the stock looks roughly 90.1% overvalued today. We read business quality at 33/100 (below-average quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Over the trailing twelve months, Shanghai Junshi Biosciences Co generated revenue of HK$2.7B at a net margin of -24.3%. Revenue grew 45.1% year over year. It earns a return on equity of -13.5%. Net debt stands at HK$1.5B. Fundamentals as of Jul 2, 2026

Our scenario range runs from HK$0.8300 (bear case) to HK$3.45 (bull case); at HK$19.37, the current price sits above that range. The share trades about 50% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -28% fair-value upside — at -90%, 1877 screens richer than that median.

Key figures & financial health

Revenue (TTM) HK$2.7B
Revenue growth (YoY) +45.1%
Net margin -24.3%
Return on equity -13.5%
Free cash flow −HK$1.2B FY2025
Operating margin -12.7%
More key figures
EPS (TTM) HK$-0.6884
Net debt HK$1.5B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 2, 2026. TTM = trailing twelve months.

About the company

Shanghai Junshi Biosciences Co., Ltd., a biopharmaceutical company, engages in the discovery, development, and commercialization of various drugs in China. The company's product pipelines include Tifcemalimab, an anti- B and T lymphocyte attenuator mAB which is in phase III clinical trial to treat lung cancer and lymphocyte; Roconkibart, an anti-interleukin-17A monoclonal antibody which is in phase III clinical trial to treat psoriatic and spondylitis; JS001sc, a subcutaneous injection which is in phase III clinical trial for the treatment of tumors; JS105, an oral small molecule inhibitor targeting PI3K-a which is in phase III clinical trial to treat gynecological tumors; and JS107, an antibody-drug conjugate which is in phase III clinical trial for the treatment of gastrointestinal cancer. It also develops JS212, JS213, JS207, JS203, JS125, JS214, and JS214 which is in phase I/II clinical trial for the treatment of tumors; JS111, a small molecule inhibitor targeting which is in …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shanghai Junshi Biosciences Co reported revenue of HK$2.4B in FY2025 versus HK$4.0B in FY2021, a compound −11.8%/yr. Reported net income was −HK$852M in FY2025.

Revenue −11.8%/yr
FY21 HK$4.0B
FY22 HK$1.5B
FY23 HK$1.5B
FY24 HK$1.9B
FY25 HK$2.4B
Net income
FY21 −HK$719M
FY22 −HK$2.4B
FY23 −HK$2.3B
FY24 −HK$1.3B
FY25 −HK$852M

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Cite: Fair Value Calculator (2026). "Shanghai Junshi Biosciences Co Fair Value". https://www.fairvalue-calculator.com/stock/1877

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Frequently asked questions

Is Shanghai Junshi Biosciences Co (1877) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$1.91 versus a price of HK$19.37 — about −90% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1877?
Our model-based fair value for Shanghai Junshi Biosciences Co is HK$1.91 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$19.37.
What is the quality score of 1877?
Shanghai Junshi Biosciences Co has a Quality Score of 33/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shanghai Junshi Biosciences Co (1877)?
Shanghai Junshi Biosciences Co reported trailing-twelve-month revenue of about HK$2.7B (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 1877?
The net profit margin of Shanghai Junshi Biosciences Co is about -24.3%, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.