EN DE

Shandong Weigao Blood Purification Products Co (603014) Fair Value & Analysis

Healthcare · CN · Market cap 14.3B CNY

SW Shandong Weigao Blood Purification Products Co 603014 · SHG
Price¥34.19
Fair Value¥19.63
Upside-42.6%
Quality51/100
Watch Shandong Weigao Blood Purification Products Co for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Solidly profitable · 12.9% net margin
generates free cash flow
1.53% dividend yield
Mixed vs. peers (6/13)
Moderate moat 50/100
Evidence: High Range ¥14.59 – ¥24.53 Share as image

Fair value as of: Aug 10, 2026

From 25 valuation models · updated today

Share price +3.0% over the past month.

A solid business, but screening 43% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥24.53). The favourable scenario is already priced in.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (15 months)

¥46.06 ¥29.94 Fair Value ¥19.63 May 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 10, 2026.

How to read this chart

15‑month range ¥29.94 – ¥46.06 · fair‑value band ¥14.59 – ¥24.53 · the ¥34.19 price screens above the ¥19.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 10, 2026.

Full chart & analysis →

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

Analysis

Shandong Weigao Blood Purification Products Co (603014) currently trades at ¥34.19, while our model-based Fair Value estimate is ¥19.63, implying the stock looks roughly 42.6% overvalued today. The Quality Score stands at 51/100 (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: high).

Over the trailing twelve months, Shandong Weigao Blood Purification Products Co generated revenue of 3.8B CNY at a net margin of 12.9%. Revenue grew 0.9% year over year. It earns a return on equity of 7.5%. Net debt stands at 349M CNY. Fundamentals as of Aug 10, 2026

Our scenario range runs from ¥14.59 (bear case) to ¥24.53 (bull case); at ¥34.19, 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 30% below its 52-week high and 15% 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 -43%, 603014 screens richer 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
Residual Income ¥13.68 ¥14.28 ¥15.11 76
Growth DCF ¥20.54 ¥27.41 ¥36.85 72
Gordon GGM ¥1.45 ¥2.62 ¥4.14 70
All 25 models by family
DCF Models
FCF DCF ¥20.08 ¥27.52 ¥38.22 38
Owner Earnings ¥18.46 ¥25.16 ¥34.79 31
5Y Revenue Exit ¥16.96 ¥23.24 ¥30.93 39
5Y EBITDA Exit ¥20.21 ¥29.05 ¥38.93 41
5Y P/E Exit ¥19.38 ¥27.56 ¥35.74 38
10Y Revenue Exit ¥17.62 ¥23.47 ¥30.66 36
10Y EBITDA Exit ¥20.01 ¥27.41 ¥36.53 37
10Y P/E Exit ¥19.49 ¥26.40 ¥34.18 35
Earnings-Based
Graham-Dodd ¥7.85 ¥19.12 ¥24.73 54
PEG = 1.0 ¥3.41 ¥4.87 ¥6.33 46
EPV ¥13.82 ¥15.50 ¥16.96 59
Dividend Discount
Gordon GGM ¥1.45 ¥2.62 ¥4.14 70
DDM Multi-Stage ¥1.45 ¥2.17 ¥2.96 61
Multiples
P/E Multiple ¥17.32 ¥23.09 ¥28.86 63
P/S Multiple ¥14.72 ¥19.63 ¥24.53 58
P/B Multiple ¥14.72 ¥19.63 ¥24.53 55
EV/EBIT ¥21.79 ¥27.79 ¥33.79 53
EV/EBITDA ¥22.59 ¥28.85 ¥35.12 54
EV/Revenue ¥15.93 ¥21.13 ¥26.33 43
Asset-Based
NCAV (Graham) ¥8.52 ¥11.42 ¥17.04 50
Growth DCF
Growth DCF ¥20.54 ¥27.41 ¥36.85 72
Rev-Margin DCF ¥16.96 ¥23.43 ¥30.48 67
Economic Profit
Residual Income ¥13.68 ¥14.28 ¥15.11 76
ROIC Compounder ¥13.82 ¥15.50 ¥16.96 67
Growth Earnings
Growth-Adj P/E ¥13.29 ¥18.99 ¥24.69 68

Widest divergence: DCF Models (¥26.40) versus Dividend Discount (¥2.17). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 3.8B CNY
Revenue growth (YoY) +0.9%
Net margin 12.9%
Return on equity 7.5%
Free cash flow 634M CNY FY2025
P/E ratio 29.2
More key figures
Operating margin 15.1%
EPS (TTM) ¥1.20
Dividend yield 1.4%
EPS growth (YoY) -6.7%
Net debt 349M CNY FY2021

Figures from reported company fundamentals · as of Aug 10, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 55 · Market factors (momentum, volatility) 34

Profitability 39
Margins and returns on capital today
Quality Growth 29
Are margins and returns improving?
Cashflow 75
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 20
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

Shandong Weigao Blood Purification Products Co., Ltd. engages in the research and development, production, and sale of blood purification medical products in China.

Full company description

Shandong Weigao Blood Purification Products Co., Ltd. engages in the research and development, production, and sale of blood purification medical products in China. It offers dialyzers; dialysis machines; hemodialysis tubing, products, and machines; peritoneal dialysis products; dialysis supporting products, such as hemoperfusion devices, dialysis powder and liquid, puncture needles, and iodine caps for peritoneal dialysis. The company was founded in 2004 and is based in Weihai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shandong Weigao Blood Purification Products Co reported revenue of ¥3.8B in FY2025 versus ¥2.9B in FY2021, a compound +6.7%/yr. Reported net income was ¥482M in FY2025, compounding +16.7%/yr from FY2021.

Growth Quality 69/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
3.8B CNY
Latest YoY
+4.6%
Avg. growth/yr (3Y)
+3.2%
Revenue +6.7%/yr
FY21 ¥2.9B
FY22 ¥3.4B
FY23 ¥3.5B
FY24 ¥3.6B
FY25 ¥3.8B
Net income +16.7%/yr
FY21 ¥260M
FY22 ¥315M
FY23 ¥442M
FY24 ¥449M
FY25 ¥482M

603014 screens 43% overvalued. Compare with Abbott Laboratories, →

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). "Shandong Weigao Blood Purification Products Co Fair Value". https://www.fairvalue-calculator.com/stock/603014

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 −43% · Below median
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 15% · Above median
Revenue growth 1% · Below median
Dividend yield (TTM) 1.5% · Below median

Valuation Multiples vs Medical Devices median · lower = cheaper

P/E (TTM) 28.5× · Pricier than median
P/B 2.01× · Pricier than median
P/S (TTM) 3.78× · Pricier than median
P/FCF 3.3× · Cheaper than median
EV/EBITDA 16.0× · Pricier than median

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 0 · sector 0
FUTURE 5 · sector 27
PAST 30 · sector 8
HEALTH 0 · sector 97
DIVIDEND 31 · sector 38

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

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 10, 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 Shandong Weigao Blood Purification Products 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 Shandong Weigao Blood Purification Products Co (603014) overvalued or undervalued?
As of Aug 10, 2026, our model estimates a fair value of ¥19.63 versus a price of ¥34.19, about −43% (overvalued).
What is the fair value of 603014?
Our model-based fair value for Shandong Weigao Blood Purification Products Co is ¥19.63 (as of Aug 10, 2026), built from audited fundamentals. The current price is ¥34.19.
What is the quality score of 603014?
Shandong Weigao Blood Purification Products 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 Shandong Weigao Blood Purification Products Co (603014)?
Shandong Weigao Blood Purification Products Co reported trailing-twelve-month revenue of about 3.8B CNY (latest available figure, as of Aug 10, 2026).
What is the net profit margin of 603014?
The net profit margin of Shandong Weigao Blood Purification Products Co is about 12.9%, meaning it keeps roughly 12.9% of revenue as net income. Based on the latest reported figures.
Does Shandong Weigao Blood Purification Products Co pay a dividend?
Shandong Weigao Blood Purification Products Co currently shows a dividend yield of about 1.42% relative to its recent price (as of Aug 10, 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 Shandong Weigao Blood Purification Products 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.