Pansoft Company Limited (300996) fair value: what the stock is really worth
As of Nov 11, 2026: fair value (intrinsic value) of Pansoft Company Limited stock ¥3.43, price ¥11.57, that is 70.4% below the price, quality 46 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range ¥5.78 – ¥20.86 · fair‑value band ¥2.29 – ¥4.45 · the ¥11.57 price screens above the ¥3.43 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
Follow Pansoft Company in your weekly email
Every Wednesday you see whether Pansoft Company is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Pansoft Company Limited provides management information solutions for large enterprises in China. It provides application and platform software; and customized solutions for the needs of information systems, including group control, XBRL data application, platform software, and other areas.
Show moreShow less
The company's field solutions include group financial and fund management system, financial shared service solutions, XBRL series products, group enterprise tax management solutions, general industry human resource management solutions, group asset management system solutions, and production allocation decision system solutions.
Its industry solutions cover CIRC's Solvency II Regulatory Information System and Insurance Company Solvency II Reporting System, real estate industry financial sharing service system, human resource management systems for education industry, Sinopec consolidated statement system, Sinopec centralized accounting system, and fund and asset management system, as well as PetroChina ERP and FMIS integration system.
The company's software products also comprise Solvency II Compilation and Reporting System, human capital management system, commercial bank direct link system, and asset management system.
In addition, it provides consulting, implementation, customized, operation and maintenance, and outsourcing services.
The company serves customers primarily in oil and petrochemical, financial insurance, equipment manufacturing, coal power energy, government business, real estate construction, and culture and education media. The company was founded in 2001 and is headquartered in Jinan, China.
Stock analysis
Pansoft Company Limited (300996) currently trades at ¥11.57, while our model-based Fair Value estimate is ¥3.43, 70% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of ¥5.69 per share, and 1 of the 26 models we run sit above the ¥11.57 price.
Bear case: the Dividend Discount group reads lowest at ¥1.09, and 25 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥2.29 (bear) to ¥4.45 (bull), the price of ¥11.57 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Pansoft Company Limited reported revenue of 825M CNY in FY2025 versus 582M CNY in FY2021, a compound +9.1%/yr. Reported net income was 74.0M CNY in FY2025, compounding −14.5%/yr from FY2021.
Key figures
Market cap 4.5B CNY (≈ $677M) Small · P/E ratio 60.9 · P/S ratio 5.62 · EPS (TTM) ¥0.1900 · Dividend yield 0.6% · Net margin 9.3% · Return on equity 5.4% · Return on assets (EBIT) 8.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).
What moves the price
The share trades about 44% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 7% fair-value upside, at −70%, 300996 screens richer than that median.
Fair Value models
Bear¥2.29Fair Value ¥3.43Bull¥4.45
Price ¥11.57 · Downside -70.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.1030 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF¥1.77¥2.57¥3.8080
Growth DCF¥1.76¥2.48¥3.5379
Owner Earnings¥1.63¥2.33¥3.4276
All 26 models by family
DCF Models
FCF DCF¥1.77¥2.57¥3.8080
Owner Earnings¥1.63¥2.33¥3.4276
5Y Revenue Exit¥2.32¥3.75¥5.6972
5Y EBITDA Exit¥3.49¥6.11¥9.4174
5Y P/E Exit¥3.28¥5.70¥8.4570
10Y Revenue Exit¥2.03¥3.26¥5.1366
10Y EBITDA Exit¥2.82¥4.87¥8.0166
10Y P/E Exit¥2.69¥4.59¥7.2662
Earnings-Based
Graham-Dodd¥1.27¥5.57¥7.6264
Lynch FV¥1.82¥2.60¥3.3861
PEG = 1.0¥1.82¥2.60¥3.3857
EPV¥2.11¥2.33¥2.5271
Dividend Discount
Gordon GGM¥0.6200¥1.15¥1.6467
DDM Multi-Stage¥0.6200¥1.03¥1.2367
Multiples
P/E Multiple¥3.93¥5.23¥6.5463
P/S Multiple¥2.38¥3.18¥3.9758
P/B Multiple¥13.37¥17.83¥22.2955
EV/EBIT¥4.75¥6.15¥7.5466
EV/EBITDA¥4.85¥6.27¥7.7067
EV/Revenue¥2.68¥3.59¥4.5054
Asset-Based
NCAV (Graham)¥1.75¥2.66¥3.3254
Growth DCF
Growth DCF¥1.76¥2.48¥3.5379
Rev-Margin DCF¥2.32¥3.70¥5.4572
Economic Profit
Residual Income¥2.49¥2.52¥2.6676
ROIC Compounder¥2.11¥2.33¥2.5272
Growth Earnings
Growth-Adj P/E¥2.82¥4.03¥5.2467
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−1.3%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.9%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+14.3%
Start year 2020 (pandemic)
Revenue growth 6 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+14.4%
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−13.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−14.0%
Dividend (yield on the price)0.6%
Profit margin 2020 to 2025 ⓘ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.22% → 11%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+36.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +34.1% a year for the price.
Compare Pansoft Company Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Software - Application · 723 stocks
Beats the industry median on 4/14 measures
Overall it trails its industry peers.
Valuation
Quality Score46 · Below median
Fair Value upside−70.4% · Bottom 25%
Profitability
Return on equity (12 months)5.4% · Above median
Return on assets3.9% · Above median
Net margin (12 months)9.3% · Above median
Operating margin (12 months)3.3% · Below median
Growth and dividend
Revenue growth (quarter YoY)31.6% · Top 25%
Dividend yield (12 months)0.6% · Below median
Balance sheet
Debt / equity0.18× · Above median
Valuation Multiplesvs Software - Application median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Pansoft Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/300996
Frequently asked questions
Is Pansoft Company Limited (300996) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of ¥3.43 versus a price of ¥11.57, about 70% lower (overvalued).
What is the fair value of 300996?
Our model-based fair value for Pansoft Company Limited is ¥3.43 (as of Nov 6, 2026), built from audited fundamentals. The current price: ¥11.57.
What is the quality score of 300996?
Pansoft Company Limited has a Quality Score of 46/100. 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 Pansoft Company Limited (300996)?
Our model-based price target is the fair value of ¥3.43 (as of Nov 6, 2026) from 26 valuation models. Cautious scenario ¥2.29, optimistic scenario ¥4.45. It is a calculation from audited fundamentals, not an analyst target.
What is the Pansoft Company Limited stock forecast for 2026?
Our models put fair value at ¥3.43, about 70% lower versus a price of ¥11.57 (overvalued). Cautious scenario ¥2.29, optimistic scenario ¥4.45. The calculation is refreshed regularly with new filings.
What is the revenue of Pansoft Company Limited (300996)?
Pansoft Company Limited reported trailing-twelve-month revenue of about 804M CNY (latest available figure, as of Nov 6, 2026).
Does Pansoft Company Limited pay a dividend?
Pansoft Company Limited currently shows a dividend yield of 0.61% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Pansoft Company Limited (300996) and when is the ex-dividend date?
Pansoft Company Limited pays a dividend of ¥0.071 per share a year, a dividend yield of 0.6%. The last ex-dividend date was Apr 30, 2026. A dividend has been paid every year since at least 2021. The payout ratio is 37.4% of earnings. Free cash flow covers the dividend 1.52 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Pansoft Company Limited (300996)?
For today's price to be fair in a discounted-cash-flow model, Pansoft Company Limited would have to grow free cash flow by +36.3 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.3 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 300996 use?
Our models discount Pansoft Company Limited at 10.4 %: a base by market capitalisation (small), damped by beta 0.10, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Pansoft Company Limited that is +36.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Pansoft Company Limited (300996) delivered so far?
Over the past 5 years revenue at Pansoft Company Limited grew +14.3 % a year. The price currently implies free-cash-flow growth of +36.3 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Pansoft Company Limited (300996) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Pansoft Company Limited (+36.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Pansoft Company Limited (300996)?
The free-cash-flow yield on the price is 1.31 %: that much free cash flow Pansoft Company Limited produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Pansoft Company Limited (300996)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Pansoft Company Limited it is ¥3.43 per share (as of Nov 6, 2026), against a price of ¥11.57. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Pansoft Company Limited stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 300996 trades above its calculated fair value: price ¥11.57, fair value ¥3.43, a gap of about −70% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 300996?
No. The price is what the market pays today (¥11.57); the fair value is what the company's own numbers justify (¥3.43). For Pansoft Company Limited the two are ¥8.14 per share apart. That gap is exactly why we show both numbers side by side.
How much is Pansoft Company Limited worth?
The market values Pansoft Company Limited at about 4.5B CNY (market capitalisation, as of Nov 6, 2026). Per share that is ¥11.57; our models calculate a fair value of ¥3.43 per share.
What do the bullish and bearish scenarios say about 300996?
Our models span a range for Pansoft Company Limited: cautious scenario ¥2.29, base ¥3.43, optimistic ¥4.45 per share (as of Nov 6, 2026, price ¥11.57). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 300996?
Pansoft Company Limited trades at a price-to-earnings ratio of 60.9 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥3.43 is built from several models across several years. Other multiples: P/B 3.4, P/S 5.6, EV/EBITDA 49.2.
How solid is the balance sheet of Pansoft Company Limited (300996)?
Balance-sheet figures for Pansoft Company Limited (as of Nov 6, 2026): return on equity 5.4%, debt of 0.18 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is 300996 from its 52-week high?
Pansoft Company Limited trades at ¥11.57, about 44% below its 52-week high of ¥20.68 and 9% above the low of ¥10.61 (as of Nov 11, 2026). Distance from the high says nothing about value: that is what the fair value of ¥3.43 is for.
Which stocks are comparable to Pansoft Company Limited?
From the same area (Technology) we also value SAP SE, Salesforce, Inc, Shopify Inc, ServiceNow, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Pansoft Company Limited stock attractive at the current price?
The data as of Nov 6, 2026: price ¥11.57, calculated fair value ¥3.43 (−70%), Quality Score 46/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 300996 calculated?
We run Pansoft Company Limited through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥3.43 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0% above its aggregate fair value. Pansoft Company Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Pansoft Company Limited (300996)?
The closing price on Nov 11, 2026 was ¥11.57. Our model-based fair value is ¥3.43, about 70% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Pansoft Company Limited right now?
The price sits above even our optimistic bull case (¥4.45). The favourable scenario is already priced in. Weak quality (46/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (¥2.29 to ¥4.45) leaves room in how you read the outcome.
Key figures of Pansoft Company Limited
How large is the market capitalisation of Pansoft Company Limited (300996)?
The market capitalisation of Pansoft Company Limited is 4.5B CNY (≈ $677M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Pansoft Company Limited (300996)?
The price-to-sales ratio of Pansoft Company Limited is 5.62 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Pansoft Company Limited (300996)?
Earnings per share at Pansoft Company Limited are ¥0.1900 (price ÷ EPS = P/E 60.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Pansoft Company Limited (300996)?
The dividend yield of Pansoft Company Limited is 0.6% (payout 37.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Pansoft Company Limited (300996)?
The net margin of Pansoft Company Limited is 9.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Pansoft Company Limited (300996)?
The return on equity (ROE) of Pansoft Company Limited is 5.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Pansoft Company Limited (300996)?
On an EBIT basis the return on assets of Pansoft Company Limited is 8.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Pansoft Company Limited (300996)?
The operating margin of Pansoft Company Limited is 3.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Pansoft Company Limited (300996)?
Revenue at Pansoft Company Limited is growing +31.6% versus a year earlier (3y avg +5.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Pansoft Company Limited (300996)?
Earnings per share at Pansoft Company Limited are growing +24.0% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch Pansoft Company Limited in the live analysis
One click puts Pansoft Company Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 6, 2026