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Humanwell Healthcare (Group) Co (600079) Fair Value & Analysis

Healthcare · CN · Market cap 28.8B CNY

HH Humanwell Healthcare (Group) Co 600079 · SHG
Price¥17.95
Fair Value¥16.50
Upside-8.1%
Quality61/100
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Mixed Growth
Thin margins · 8.0% net margin
Low debt · generates free cash flow
2.74% dividend yield
Ranks above peers (12/14)
Narrow moat 43/100
Evidence: Medium Range ¥12.38 – ¥20.62 Share as image

Fair value as of: Aug 6, 2026

From 26 valuation models · updated 4 days ago

Fair value updated Aug 6, 2026, revised from ¥25.01 to ¥16.50 (−34.0%) since Jul 11, 2026. Share price +4.8% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥12.38 (bear) to ¥20.62 (bull), base ¥16.50. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 61/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

¥33.45 ¥13.49 Fair Value ¥16.50 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 6, 2026.

How to read this chart

60‑month range ¥13.49 – ¥33.45 · fair‑value band ¥12.38 – ¥20.62 · the ¥17.95 price screens above the ¥16.50 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 6, 2026.

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Analysis

Humanwell Healthcare (Group) Co (600079) currently trades at ¥17.95, while our model-based Fair Value estimate is ¥16.50, implying the stock looks roughly 8.1% fairly valued today. The Quality Score stands at 61/100 (solid 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: medium).

Over the trailing twelve months, Humanwell Healthcare (Group) Co generated revenue of 23.9B CNY at a net margin of 8.0%. Revenue declined 0.6% year over year. It earns a return on equity of 11.7%. Net debt stands at 4.3B CNY. Fundamentals as of Aug 6, 2026

Our scenario range runs from ¥12.38 (bear case) to ¥20.62 (bull case); at ¥17.95, the current price sits within 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 24% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -49% fair-value upside, at -8%, 600079 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 BearBaseBull Evidence
Highest evidence
Growth DCF ¥16.91 ¥33.27 ¥63.39 80
Residual Income ¥10.18 ¥11.26 ¥16.50 76
Rev-Margin DCF ¥21.53 ¥42.08 ¥71.93 74
All 26 models by family
DCF Models
FCF DCF ¥17.54 ¥30.03 ¥63.67 38
Owner Earnings ¥20.92 ¥44.19 ¥91.22 31
5Y Revenue Exit ¥21.53 ¥41.88 ¥75.58 39
5Y EBITDA Exit ¥27.29 ¥54.69 ¥96.99 41
5Y P/E Exit ¥18.71 ¥36.83 ¥59.59 38
10Y Revenue Exit ¥19.40 ¥40.57 ¥72.11 36
10Y EBITDA Exit ¥24.25 ¥50.97 ¥98.94 37
10Y P/E Exit ¥18.29 ¥35.50 ¥63.96 35
Earnings-Based
Graham-Dodd ¥7.73 ¥50.15 ¥70.15 54
Lynch FV ¥14.57 ¥20.81 ¥27.06 50
PEG = 1.0 ¥14.57 ¥20.81 ¥27.06 46
EPV ¥19.61 ¥22.70 ¥25.41 59
Dividend Discount
Gordon GGM ¥5.94 ¥12.35 ¥19.59 70
DDM Multi-Stage ¥5.94 ¥10.41 ¥12.96 61
Multiples
P/E Multiple ¥18.76 ¥25.01 ¥31.26 63
P/S Multiple ¥14.49 ¥19.32 ¥24.15 58
P/B Multiple ¥14.49 ¥19.32 ¥24.15 55
EV/EBIT ¥30.93 ¥40.89 ¥50.85 53
EV/EBITDA ¥32.28 ¥42.70 ¥53.11 54
EV/Revenue ¥22.37 ¥31.51 ¥40.65 43
Asset-Based
NCAV (Graham) ¥5.79 ¥7.76 ¥11.59 50
Growth DCF
Growth DCF ¥16.91 ¥33.27 ¥63.39 80
Rev-Margin DCF ¥21.53 ¥42.08 ¥71.93 74
Economic Profit
Residual Income ¥10.18 ¥11.26 ¥16.50 76
ROIC Compounder ¥23.78 ¥34.40 ¥47.52 72
Growth Earnings
Growth-Adj P/E ¥20.93 ¥29.90 ¥38.87 68

Widest divergence: DCF Models (¥40.57) versus Asset-Based (¥7.76). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 23.9B CNY
Revenue growth (YoY) -0.6%
Net margin 8.0%
Return on equity 11.7%
Free cash flow 1.8B CNY FY2025
P/E ratio 15.2
More key figures
Operating margin 16.8%
EPS (TTM) ¥1.16
Dividend yield 2.7%
EPS growth (YoY) +9.1%
Net debt 4.3B CNY FY2025

Figures from reported company fundamentals · as of Aug 6, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 60 · Market factors (momentum, volatility) 45

Profitability 45
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 89
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 77
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

Humanwell Healthcare (Group) Co.,Ltd. researches, develops, produces, and sells pharmaceutical products in China and internationally.

Full company description

Humanwell Healthcare (Group) Co.,Ltd. researches, develops, produces, and sells pharmaceutical products in China and internationally. The company offers sufentanil citrate injection, an analgesic drug for combined anesthesia; remifentanil hydrochloride injection for induction of general anesthesia and maintenance of analgesia during general anesthesia; hydromorphone hydrochloride injection for patients who require opioid analgesia; nabuphine hydrochloride injection for use as an analgesic for anesthesia induction; alfentanil hydrochloride injection, a narcotic analgesic; remizaren besylate injection for sedation and anesthesia during non-endotracheal intubation surgery; and mifepristone preparations for pregnancy prevention or termination. It also provides zuka wood particles for colds; compound muniziqi granules to treat skin and gynecologicalconditions; urokinase injection for thromboembolic diseases; and neomycin sulfate API for the prevention and treatment of intestinal diseases in animals. In addition, the company offers progesterone, estrogen, androgen, cortical hormone, and other API products; steroid hormone products; natural plant-based medicines; central nervous system drugs; animal medicine; narcotics; and Uyghur medicine products. Further, it is involved in the production of veterinary drugs, feed additive, medical devices, and agricultural products; technical development, exchange, and transfer; leasing of medical devices; conference, exhibition, inspection, and testing; property management; pharmaceutical contract manufacturing; cleaning, washing, and disinfection; warehousing and logistics; investment management and consulting services; and production of health foods. The company was formerly known as Wuhan Humanwell Healthcare (Group) Co., Ltd. and changed its name to Humanwell Healthcare (Group) Co.,Ltd. in March 2013. Humanwell Healthcare (Group) Co.,Ltd. was founded in 1988 and is based in Wuhan, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Humanwell Healthcare (Group) Co reported revenue of ¥24.0B in FY2025 versus ¥20.5B in FY2021, a compound +3.9%/yr. Reported net income was ¥1.9B in FY2025, compounding +8.9%/yr from FY2021.

Growth Quality 53/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
24.0B CNY
Latest YoY
−5.8%
Avg. growth/yr (3Y)
+2.4%
Avg. growth/yr (5Y)
+3.0%
Avg. growth/yr (31Y)
+21.8%
Revenue +3.9%/yr
FY21 ¥20.5B
FY22 ¥22.3B
FY23 ¥24.5B
FY24 ¥25.4B
FY25 ¥24.0B
Net income +8.9%/yr
FY21 ¥1.3B
FY22 ¥2.5B
FY23 ¥2.1B
FY24 ¥1.3B
FY25 ¥1.9B

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Cite: Fair Value Calculator (2026). "Humanwell Healthcare (Group) Co Fair Value". https://www.fairvalue-calculator.com/stock/600079

Peer Group

Drug Manufacturers - Specialty & Generic · 626 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 61 · Above median
Fair Value upside −8% · Above median
Return on equity (TTM) 12% · Above median
Return on assets 6% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 17% · Above median
Revenue growth -1% · Below median
Dividend yield (TTM) 2.7% · Above median
Debt / equity 0.13× · Higher than median

Valuation Multiples vs Drug Manufacturers - Specialty & Generic median · lower = cheaper

P/E (TTM) 15.2× · Cheaper than median
P/B 1.52× · Cheaper than median
P/S (TTM) 1.21× · Cheaper than median
P/FCF 2.4× · Cheaper than median
EV/EBITDA 5.8× · Cheaper 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 23 · sector 7
FUTURE 0 · sector 20
PAST 47 · sector 23
HEALTH 94 · sector 97
DIVIDEND 55 · sector 34

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 Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Aug 6, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.19 ¥25.94 -51%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,933 ₹989.50 -49%
Divi's Laboratories Limited DIVISLAB ₹7,316 ₹1,943 -73%
Torrent Pharmaceuticals Limited TORNTPHARM ₹4,763 ₹1,329 -72%
PharmaEssentia Corporation 6446 1,285 TWD 221.01 TWD -83%
Cipla Limited CIPLA ₹1,439 ₹1,001 -30%
Zydus Lifesciences Limited ZYDUSLIFE ₹1,151 ₹703.32 -39%
Lupin Limited LUPIN ₹2,443 ₹2,477 +1%
Mankind Pharma Limited MANKIND ₹2,484 ₹983.11 -60%
Dr. Reddy's Laboratories Limited DRREDDY ₹1,211 ₹874.79 -28%

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Frequently asked questions

Is Humanwell Healthcare (Group) Co (600079) overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of ¥16.50 versus a price of ¥17.95, about −8% (fairly valued).
What is the fair value of 600079?
Our model-based fair value for Humanwell Healthcare (Group) Co is ¥16.50 (as of Aug 6, 2026), built from audited fundamentals. The current price is ¥17.95.
What is the quality score of 600079?
Humanwell Healthcare (Group) Co has a Quality Score of 61/100. 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 Humanwell Healthcare (Group) Co (600079)?
Humanwell Healthcare (Group) Co reported trailing-twelve-month revenue of about 23.9B CNY (latest available figure, as of Aug 6, 2026).
What is the net profit margin of 600079?
The net profit margin of Humanwell Healthcare (Group) Co is about 8.0%, meaning it keeps roughly 8.0% of revenue as net income. Based on the latest reported figures.
Does Humanwell Healthcare (Group) Co pay a dividend?
Humanwell Healthcare (Group) Co currently shows a dividend yield of about 2.82% relative to its recent price (as of Aug 6, 2026).

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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