EN DE

Shinva Medical Instrument Co (600587) Fair Value & Analysis

Healthcare · CN · Market cap 7.8B CNY

SM Shinva Medical Instrument Co 600587 · SHG
Price¥12.79
Fair Value¥19.09
Upside+49.3%
Quality51/100
Watch Shinva Medical Instrument Co for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 5.1% net margin
Low debt · generates free cash flow
2.75% dividend yield
Ranks above peers (13/14)
Narrow moat 36/100
Evidence: High Range ¥14.32 – ¥23.86 Share as image

Fair value as of: Aug 9, 2026

From 26 valuation models · updated yesterday

Share price +5.9% over the past month.

A solid business, screening 49% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (¥14.32). The market is more pessimistic than our downside scenario.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥36.21 ¥11.50 Fair Value ¥19.09 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 9, 2026.

How to read this chart

60‑month range ¥11.50 – ¥36.21 · fair‑value band ¥14.32 – ¥23.86 · the ¥12.79 price screens below the ¥19.09 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 9, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Shinva Medical Instrument Co (600587) currently trades at ¥12.79, while our model-based Fair Value estimate is ¥19.09, implying the stock looks roughly 49.3% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Shinva Medical Instrument Co generated revenue of 9.7B CNY at a net margin of 5.1%. Revenue declined 2.3% year over year. It earns a return on equity of 6.0%. The balance sheet holds a net cash position of 1.9B CNY. Fundamentals as of Aug 9, 2026

Our scenario range runs from ¥14.32 (bear case) to ¥23.86 (bull case); at ¥12.79, the current price sits below 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 31% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -22% fair-value upside, at 49%, 600587 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 ¥11.36 ¥15.92 ¥23.30 80
Residual Income ¥10.10 ¥10.60 ¥11.09 76
Rev-Margin DCF ¥14.06 ¥21.64 ¥31.46 74
All 26 models by family
DCF Models
FCF DCF ¥11.43 ¥16.50 ¥25.04 38
Owner Earnings ¥12.63 ¥18.64 ¥28.76 31
5Y Revenue Exit ¥14.06 ¥21.93 ¥32.80 39
5Y EBITDA Exit ¥17.09 ¥28.19 ¥42.35 41
5Y P/E Exit ¥15.91 ¥25.76 ¥37.17 38
10Y Revenue Exit ¥12.73 ¥19.81 ¥30.97 36
10Y EBITDA Exit ¥15.04 ¥24.30 ¥38.82 37
10Y P/E Exit ¥14.28 ¥22.56 ¥34.56 35
Earnings-Based
Graham-Dodd ¥5.90 ¥27.86 ¥38.31 54
Lynch FV ¥7.39 ¥10.56 ¥13.73 50
PEG = 1.0 ¥7.39 ¥10.56 ¥13.73 46
EPV ¥13.95 ¥15.37 ¥16.59 59
Dividend Discount
Gordon GGM ¥4.96 ¥9.88 ¥14.97 70
DDM Multi-Stage ¥4.96 ¥8.54 ¥10.43 61
Multiples
P/E Multiple ¥14.32 ¥19.09 ¥23.86 63
P/S Multiple ¥11.06 ¥14.75 ¥18.44 58
P/B Multiple ¥11.06 ¥14.75 ¥18.44 55
EV/EBIT ¥19.75 ¥24.68 ¥29.61 53
EV/EBITDA ¥21.18 ¥26.58 ¥31.99 54
EV/Revenue ¥15.51 ¥20.04 ¥24.56 43
Asset-Based
NCAV (Graham) ¥6.29 ¥8.43 ¥12.58 50
Growth DCF
Growth DCF ¥11.36 ¥15.92 ¥23.30 80
Rev-Margin DCF ¥14.06 ¥21.64 ¥31.46 74
Economic Profit
Residual Income ¥10.10 ¥10.60 ¥11.09 76
ROIC Compounder ¥14.56 ¥17.85 ¥22.16 72
Growth Earnings
Growth-Adj P/E ¥11.97 ¥17.10 ¥22.22 68

Widest divergence: DCF Models (¥21.93) versus Asset-Based (¥8.43). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 9.7B CNY
Revenue growth (YoY) -2.3%
Net margin 5.1%
Return on equity 6.0%
Free cash flow 319M CNY FY2025
P/E ratio 16.0
More key figures
Operating margin 8.2%
EPS (TTM) ¥0.8000
Dividend yield 2.8%
EPS growth (YoY) -25.9%
Net cash 1.9B CNY FY2024

Figures from reported company fundamentals · as of Aug 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 51 · Market factors (momentum, volatility) 37

Profitability 35
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 68
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 57
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

Shinva Medical Instrument Co.,Ltd. provides medical devices, pharmaceutical equipment, medical services, and medical trade in the People's Republic of China.

Full company description

Shinva Medical Instrument Co.,Ltd. provides medical devices, pharmaceutical equipment, medical services, and medical trade in the People's Republic of China. The company offers medical devices, including infection control instruments such as washing disinfection, sterilization, and consumables; radiotherapy equipment; and surgical instruments and biomedical consumables comprising standard, neuro, cardiovascular, ENT, imaging system laparoscopic, orthopedic, urological, intestinal and rectum, abdominal, plastic surgical, gynecologic and obstetric, micro, arthroscopic, ophthalmic, oral, stainless steel ware, sterilization container, and thoracoscopic small incision instruments. It also provides operating room integrated solutions, such as operating tables, medical ceiling pendants, surgical lights, and medical air disinfectors; dental units and sterilizers; and laboratory equipment, including washing equipment, air disinfectors, disinfection transfer chambers, bedding collection tables, drinking sterilization equipment, biosafety barrier solutions, vertical sterilizers, and independent ventilation cages (IVC), as well as hemodialyzers, medical environmental protection, and in vitro diagnostics. In addition, the company offers pharmaceutical equipment comprising large volume injection solutions; small volume injection solutions, such as plastic bottle BFS machines, filling lines, and freeze dryers; and aseptic guarantee systems that include washing machines and isolators. Shinva Medical Instrument Co.,Ltd. was founded in 1943 and is headquartered in Zibo, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shinva Medical Instrument Co reported revenue of ¥9.7B in FY2025 versus ¥9.5B in FY2021, a compound +0.7%/yr. Reported net income was ¥526M in FY2025, compounding −1.4%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
9.7B CNY
Latest YoY
−2.8%
Avg. growth/yr (3Y)
+1.6%
Avg. growth/yr (5Y)
+1.2%
Avg. growth/yr (26Y)
+20.7%
Revenue +0.7%/yr
FY21 ¥9.5B
FY22 ¥9.3B
FY23 ¥10.0B
FY24 ¥10.0B
FY25 ¥9.7B
Net income −1.4%/yr
FY21 ¥556M
FY22 ¥500M
FY23 ¥654M
FY24 ¥692M
FY25 ¥526M

Watch 600587: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Shinva Medical Instrument Co Fair Value". https://www.fairvalue-calculator.com/stock/600587

Peer Group

Medical Devices · 351 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 51 · Above median
Fair Value upside +49% · Top 25%
Return on equity (TTM) 6% · Above median
Return on assets 2% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth -2% · Below median
Dividend yield (TTM) 2.8% · Above median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Medical Devices median · lower = cheaper

P/E (TTM) 16.0× · Cheaper than 75% of peers
P/B 1.02× · Cheaper than median
P/S (TTM) 0.80× · Cheaper than median
P/FCF 3.6× · Cheaper than median
EV/EBITDA 6.0× · 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 99 · sector 0
FUTURE 0 · sector 27
PAST 24 · sector 8
HEALTH 99 · sector 97
DIVIDEND 55 · sector 38

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 Medical Devices stocks, each showing price versus our Fair Value estimate (as of Aug 9, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%
Getinge AB GETIB kr 206.80 kr 192.14 -7%

Compare Shinva Medical Instrument Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Healthcare stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Shinva Medical Instrument Co (600587) overvalued or undervalued?
As of Aug 9, 2026, our model estimates a fair value of ¥19.09 versus a price of ¥12.79, about +49% (undervalued).
What is the fair value of 600587?
Our model-based fair value for Shinva Medical Instrument Co is ¥19.09 (as of Aug 9, 2026), built from audited fundamentals. The current price is ¥12.79.
What is the quality score of 600587?
Shinva Medical Instrument Co has a Quality Score of 51/100. 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 Shinva Medical Instrument Co (600587)?
Shinva Medical Instrument Co reported trailing-twelve-month revenue of about 9.7B CNY (latest available figure, as of Aug 9, 2026).
What is the net profit margin of 600587?
The net profit margin of Shinva Medical Instrument Co is about 5.1%, meaning it keeps roughly 5.1% of revenue as net income. Based on the latest reported figures.
Does Shinva Medical Instrument Co pay a dividend?
Shinva Medical Instrument Co currently shows a dividend yield of about 2.75% relative to its recent price (as of Aug 9, 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.

14 days Pro free · no card

Track Shinva Medical Instrument Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.