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Suzhou Basecare Medical Corporation Limited (2170) Fair Value & Analysis

Healthcare · HK · Market cap HK$383M (≈ $48.8M)

What is Suzhou Basecare Medical Corporation Limited really worth?

SB Suzhou Basecare Medical Corporation Limited 2170 · HK
PriceHK$1.38
Fair ValueHK$0.5900
Upside−57.1%
Quality41/100

Below-average quality, and trading another 133% above our fair value of HK$0.5900.

As of Aug 27, 2026, the fair value of Suzhou Basecare Medical Corporation Limited is HK$0.5900 per share against a price of HK$1.38, so the fair value sits 57% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Expensive Growth (revenue 5y +23.5 %/yr)
!Loss-making · -95.8% net margin
!Low debt · negative free cash flow
!Trails peers (2/10)
!Narrow moat 0/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range HK$0.3900 – HK$0.7300

Fair value as of: Aug 27, 2026

From 1 valuation models · updated 10 days ago

Share price −1.8% 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 (HK$0.7300). The favourable scenario is already priced in.
  • Weak quality (41/100) 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 (HK$0.3900 to HK$0.7300) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

HK$28.20 HK$1.28 Fair Value HK$0.5900 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range HK$1.28 – HK$28.20 · fair‑value band HK$0.3900 – HK$0.7300 · the HK$1.38 price screens above the HK$0.5900 fair value. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Suzhou Basecare Medical Corporation Limited (2170) currently trades at HK$1.38, while our model-based Fair Value estimate is HK$0.5900, implying the stock looks roughly 133.0% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Healthcare sector. How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.

Over the trailing twelve months, Suzhou Basecare Medical Corporation Limited generated revenue of HK$233M at a net margin of −95.8%. Revenue declined 24.3% year over year. It earns a return on equity of −21.5%. The balance sheet holds a net cash position of HK$75.7M. Fundamentals as of Aug 27, 2026

Our scenario range runs from HK$0.3900 (bear case) to HK$0.7300 (bull case); at HK$1.38, 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 68% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −34% fair-value upside, at −57%, 2170 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 HK$1.71 HK$2.29 HK$3.42 54
All 1 models by family
Asset-Based
NCAV (Graham) best evidence HK$1.71 HK$2.29 HK$3.42 54

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Key figures & financial health

P/S ratio 1.64 TTM
EPS (TTM) HK$−0.4400
Net margin −95.8% FY2025
Return on equity −21.5% TTM
Return on assets (EBIT) −10.6% avg 5y
Operating margin −62.4% TTM
More key figures
Growth
Revenue (TTM) HK$233M TTM
Revenue growth (YoY) −24.3% 3y avg +18.3%
Balance sheet & cash flow
Free cash flow −HK$243M FY2025
Net cash HK$75.7M FY2025

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 42 · Market factors (momentum, volatility) 29

Profitability 3
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 18
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.

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

Suzhou Basecare Medical Corporation Limited, an investment holding company provides genetic testing solutions for assisted human reproduction in the People's Republic of China and Australia.

Full company description

Suzhou Basecare Medical Corporation Limited, an investment holding company provides genetic testing solutions for assisted human reproduction in the People's Republic of China and Australia. The company offers pre-implantation genetic test kits, including PGT-A kit to detect aneuploidy; PGT-M kit to detect single-gene or monogenic defects in pre-implantation embryos; and PGT-SR kit to detect chromosome structural rearrangements, which are common causes of recurrent miscarriage, implantation failures, and birth defects. It also provides DA500, a high-throughput gene sequencer that provides users with sequencing options; DA5000 high-throughput gene sequencer which provides one-stop genetic laboratory solution for assisted reproductive centers; BS1000C, a high-throughput automated sample preparation system; PGT-A, PGT-M, and PGT-SR analysis software; Geri, a Time-Lapse Incubator to provide safe and stable culture conditions for embryo culturing; and Gems, a range of assisted reproductive laboratories fluids. In addition, the company offers BCT38, a liquid nitrogen storage dewar with a digital management system; BSG800A and BSG800C, a cryopreservation system; BKA210, a Sperm quality analyzer; Self Sperm Testing Device; Gavi, an automated vitrification instrument for the process of freezing embryos and eggs in the IVF automated vitrification; Intelligent assisted reproduction management system (iARMS), an assisted reproduction management system that runs through the reproductive cycle and covers patient medical records, medical diagnosis, and treatment plans. Further, it provides marketing services; and engages in the research and development of testing devices, instruments and consumables, as well as software for testing devices and instruments. The company serves hospitals and reproductive clinics. It sells its products through distributors. Suzhou Basecare Medical Corporation Limited was incorporated in 2010 and is headquartered in Suzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Suzhou Basecare Medical Corporation Limited reported revenue of 233M CNY in FY2025 versus 107M CNY in FY2021, a compound +21.4%/yr. Reported net income was −223M CNY in FY2025.

Growth Quality 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$233M
Latest YoY
−22.0%
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.
+18.3%
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.
+23.5%
Avg. revenue growth/yr (7Y) 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.
+32.5%
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.
−65.9% (2020) → −91.8% (2025)
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 +21.4%/yr
FY21 107M CNY
FY22 141M CNY
FY23 208M CNY
FY24 299M CNY
FY25 233M CNY
Net income
FY21 −144M CNY
FY22 −123M CNY
FY23 −192M CNY
FY24 −237M CNY
FY25 −223M CNY

2170 screens 133% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "Suzhou Basecare Medical Corporation Limited Fair Value". https://www.fairvalue-calculator.com/stock/2170.HK

Peer Group

Medical Devices · 352 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 42 · Below median
Fair Value upside −57% · Below median
Return on assets −8% · Below median
Net margin (TTM) −96% · Bottom 25%
Operating margin (TTM) −62% · Bottom 25%
Revenue growth −24% · Bottom 25%
Debt / equity 0.31× · Higher than median

Valuation Multiples vs Medical Devices median · lower = cheaper

P/B 0.05× · Cheaper than 75% of peers
P/S (TTM) 0.21× · Cheaper than 75% of peers

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 0
FUTURE0 · sector 32
PAST0 · sector 5
HEALTH85 · sector 97
DIVIDEND0 · sector 35

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 Medical Devices stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $112.47 $74.79 −34%
Stryker Corporation SYK $322.12 $186.28 −42%
Medtronic plc MDT $89.97 $65.57 −27%
Boston Scientific Corporation BSX $46.84 $30.73 −34%
Edwards Lifesciences Corporation EW $89.78 $41.02 −54%
Siemens Healthineers AG SHL €39.52 €33.87 −14%
DexCom, Inc DXCM $90.82 $38.95 −57%
GE HealthCare Technologies Inc GEHC $74.82 $64.13 −14%
Koninklijke Philips N.V PHIA €23.69 €14.36 −39%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥150.63 ¥147.63 −2%

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Frequently asked questions

Is Suzhou Basecare Medical Corporation Limited (2170) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of HK$0.5900 versus a price of HK$1.38, about −57% upside (overvalued).
What is the fair value of 2170?
Our model-based fair value for Suzhou Basecare Medical Corporation Limited is HK$0.5900 (as of Aug 27, 2026), built from audited fundamentals. The current price: HK$1.38.
What is the quality score of 2170?
Suzhou Basecare Medical Corporation Limited has a Quality Score of 41/100. 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 Suzhou Basecare Medical Corporation Limited (2170)?
Our model-based price target is the fair value of HK$0.5900 (as of Aug 27, 2026) from 1 valuation models. Cautious scenario HK$0.3900, optimistic scenario HK$0.7300. It is a calculation from audited fundamentals, not an analyst target.
What is the Suzhou Basecare Medical Corporation Limited stock forecast for 2026?
Our models put fair value at HK$0.5900, about −57% upside versus a price of HK$1.38 (overvalued). Cautious scenario HK$0.3900, optimistic scenario HK$0.7300. The calculation is refreshed regularly with new filings.
What is the revenue of Suzhou Basecare Medical Corporation Limited (2170)?
Suzhou Basecare Medical Corporation Limited reported trailing-twelve-month revenue of about HK$233M (latest available figure, as of Aug 27, 2026).
What is the net profit margin of 2170?
The net profit margin of Suzhou Basecare Medical Corporation Limited is about −95.8%, meaning it is currently running at a net loss. Based on the latest reported figures.
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