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TransThera Sciences (Nanjing), Inc (2617) Fair Value & Analysis

Healthcare · HK · Market cap HK$5.1B

TS TransThera Sciences (Nanjing), Inc 2617 · HK
PriceHK$10.75
Fair ValueHK$6.35
Upside-40.9%
Quality44/100
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Weak Growth
Thin margins · 0.0% net margin
negative free cash flow
Ranks above peers (6/8)
Narrow moat 0/100
Evidence: Low Range HK$4.16 – HK$7.92 Share as image

Fair value as of: Jul 5, 2026

From 1 valuation models · updated 37 days ago

Fair value updated Jul 5, 2026, revised from HK$1.12 to HK$6.35 (+467.0%) since Jul 2, 2026. Share price +2.9% over the past month.

Below-average quality, and screening another 41% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$7.92). The favourable scenario is already priced in.
  • Weak quality (44/100) 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$4.16 to HK$7.92) leaves room in how you read the outcome.
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Price vs Fair Value (14 months)

HK$415.00 HK$9.10 Fair Value HK$6.35 Jun 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Jul 5, 2026.

How to read this chart

14‑month range HK$9.10 – HK$415.00 · fair‑value band HK$4.16 – HK$7.92 · the HK$10.75 price screens above the HK$6.35 fair value. As of Jul 5, 2026.

Full chart & analysis →

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Analysis

TransThera Sciences (Nanjing), Inc (2617) currently trades at HK$10.75, while our model-based Fair Value estimate is HK$6.35, implying the stock looks roughly 40.9% overvalued today. The Quality Score stands at 44/100 (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).

It earns a return on equity of -62.9%. The balance sheet holds a net cash position of HK$414M. Fundamentals as of Jul 5, 2026

Our scenario range runs from HK$4.16 (bear case) to HK$7.92 (bull case); at HK$10.75, 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. For context, the median of 10 Healthcare peers we cover trades at -43% fair-value upside, at -41%, 2617 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
NCAV (Graham) HK$0.5300 HK$0.7200 HK$1.07 50
All 1 models by family
Asset-Based
NCAV (Graham) HK$0.5300 HK$0.7200 HK$1.07 50

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Key figures & financial health

Return on equity -62.9%
Free cash flow −HK$254M FY2025
EPS (TTM) HK$-0.3200
Net cash HK$414M FY2025

Figures from reported company fundamentals · as of Jul 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 47 · Market factors (momentum, volatility) 0

Profitability 0
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 24
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 49
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

TransThera Sciences (Nanjing), Inc., clinical stage pharmaceutical company company, discovers, develops, and commercializes small molecule therapies for oncology, inflammatory, and cardiometabolic diseases.

Full company description

TransThera Sciences (Nanjing), Inc., clinical stage pharmaceutical company company, discovers, develops, and commercializes small molecule therapies for oncology, inflammatory, and cardiometabolic diseases. The company provides Tinengotinib (TT-00420), a multi-kinase inhibitor that is in clinical stage for the treatment of recurrent or refractory drug-resistant solid tumors. It also develops TT-00973, a kinase inhibitor for treating various cancers; TT-01488, a BTK inhibitor for the treatment of B-cell lymphoma; TT-01688, an oral S1P1 modulator for treating various inflammatory diseases; TT-00920, an oral PDE9 inhibitor used for treating central nervous system diseases; TT-01025, an oral irreversible VAP-1 inhibitor designed for the treatment of NASH; and TT-02332, a NLRP3 inhibitor for metabolic and inflammatory diseases. The company has a collaboration with Neurocrine Biosciences, Inc. to develop NLRP3 inhibitors for multiple disease; and Akeso, Inc. for the treatment of hepatocellular carcinoma. TransThera Sciences (Nanjing), Inc. was formerly known as Nanjing TransThera Biosciences Co. Ltd. and changed its name to TransThera Sciences (Nanjing), Inc. in July 2021. The company was incorporated in 2014 and is headquartered in Nanjing, China.

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

Revenue & earnings trend

FY2020 – FY2025 · reported fiscal years

TransThera Sciences (Nanjing), Inc reported revenue of HK$0 in FY2025 versus HK$61.8M in FY2020. Reported net income was −HK$296M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2023)
HK$1.2M
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.
−73.3%
Revenue
FY20 HK$61.8M
FY22 HK$140
FY23 HK$1.2M
FY24 HK$0
FY25 HK$0
Net income
FY20 −HK$80.7M
FY22 −HK$257M
FY23 −HK$344M
FY24 −HK$275M
FY25 −HK$296M

2617 screens 41% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "TransThera Sciences (Nanjing), Inc Fair Value". https://www.fairvalue-calculator.com/stock/2617

Peer Group

Biotechnology · 604 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 47 · Above median
Fair Value upside −41% · Above median
Return on assets -32% · Bottom 25%
Net margin (TTM) 0% · Above median
Operating margin (TTM) 0% · Above median
Revenue growth 0% · Above median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/B 1.57× · Cheaper than median

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 Jul 5, 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%
RemeGen Co 688331 ¥134.45 ¥23.19 -83%
ALTEOGEN Inc 196170 276,500 KRW 44,444 KRW -84%
Biocon Limited BIOCON ₹440.70 ₹57.36 -87%

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Frequently asked questions

Is TransThera Sciences (Nanjing), Inc (2617) overvalued or undervalued?
As of Jul 5, 2026, our model estimates a fair value of HK$6.35 versus a price of HK$10.75, about −41% (overvalued).
What is the fair value of 2617?
Our model-based fair value for TransThera Sciences (Nanjing), Inc is HK$6.35 (as of Jul 5, 2026), built from audited fundamentals. The current price is HK$10.75.
What is the quality score of 2617?
TransThera Sciences (Nanjing), Inc has a Quality Score of 44/100. 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 net profit margin of 2617?
The net profit margin of TransThera Sciences (Nanjing), Inc is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. 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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