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Zhejiang Shengda Bio-Pharm Co (603079) Fair Value & Analysis

Healthcare · CN · Market cap 2.2B CNY

ZS Zhejiang Shengda Bio-Pharm Co 603079 · SHG
Price¥12.21
Fair Value¥6.08
Upside-50.2%
Quality47/100
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Weak Growth
Thin margins · 6.5% net margin
Low debt · negative free cash flow
0.87% dividend yield
Trails peers (3/13)
Narrow moat 32/100
Evidence: High Range ¥5.43 – ¥7.90 Share as image

Fair value as of: Aug 10, 2026

From 16 valuation models · updated today

Fair value updated Aug 10, 2026, revised from ¥6.30 to ¥6.08 (−3.5%) since Jul 11, 2026. Share price +7.9% over the past month.

Below-average quality, and screening another 50% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥7.90). The favourable scenario is already priced in.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥22.53 ¥7.62 Fair Value ¥6.08 Mar 2021 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

60‑month range ¥7.62 – ¥22.53 · fair‑value band ¥5.43 – ¥7.90 · the ¥12.21 price screens above the ¥6.08 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 10, 2026.

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Analysis

Zhejiang Shengda Bio-Pharm Co (603079) currently trades at ¥12.21, while our model-based Fair Value estimate is ¥6.08, implying the stock looks roughly 50.2% overvalued today. The Quality Score stands at 47/100 (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: high).

Over the trailing twelve months, Zhejiang Shengda Bio-Pharm Co generated revenue of 831M CNY at a net margin of 6.5%. Revenue declined 6.9% year over year. It earns a return on equity of 4.2%. The balance sheet holds a net cash position of 54.1M CNY. Fundamentals as of Aug 10, 2026

Our scenario range runs from ¥5.43 (bear case) to ¥7.90 (bull case); at ¥12.21, 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 45% below its 52-week high, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -49% fair-value upside, at -50%, 603079 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 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
Residual Income ¥6.11 ¥5.96 ¥5.19 76
ROIC Compounder ¥4.23 ¥4.79 ¥5.26 72
Gordon GGM ¥0.3600 ¥0.7200 ¥1.10 70
All 16 models by family
Earnings-Based
Graham-Dodd ¥2.24 ¥5.99 ¥7.84 54
Lynch FV ¥1.17 ¥1.67 ¥2.17 50
PEG = 1.0 ¥1.17 ¥1.67 ¥2.17 46
EPV ¥4.23 ¥4.79 ¥5.26 59
Dividend Discount
Gordon GGM ¥0.3600 ¥0.7200 ¥1.10 70
DDM Multi-Stage ¥0.3600 ¥0.5500 ¥0.7500 61
Multiples
P/E Multiple ¥5.43 ¥7.23 ¥9.04 63
P/S Multiple ¥4.19 ¥5.59 ¥6.99 58
P/B Multiple ¥4.19 ¥5.59 ¥6.99 55
EV/EBIT ¥6.44 ¥8.34 ¥10.24 53
EV/EBITDA ¥9.73 ¥12.73 ¥15.73 54
EV/Revenue ¥4.81 ¥6.55 ¥8.29 43
Asset-Based
NCAV (Graham) ¥4.19 ¥5.62 ¥8.38 50
Economic Profit
Residual Income ¥6.11 ¥5.96 ¥5.19 76
ROIC Compounder ¥4.23 ¥4.79 ¥5.26 72
Growth Earnings
Growth-Adj P/E ¥4.25 ¥6.08 ¥7.90 68

Widest divergence: Multiples (¥6.55) versus Dividend Discount (¥0.5500). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 831M CNY
Revenue growth (YoY) -6.9%
Net margin 6.5%
Return on equity 4.2%
Free cash flow −6.8M CNY FY2025
P/E ratio 40.5
More key figures
Operating margin 10.8%
EPS (TTM) ¥0.2900
Dividend yield 0.9%
EPS growth (YoY) -46.2%
Net cash 54.1M CNY FY2024

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

Quality Score breakdown

Overall quality 47/100

Of which business quality 50 · Market factors (momentum, volatility) 28

Profitability 27
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 45
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 28
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

Zhejiang Shengda Bio-Pharm Co., Ltd. develops, produces, and sells food and feed additives for pharmaceutical, nutritional, food, and animal feed industry. It offers vitamins, such as biotin and folic acid; biological preservatives, including nisin, polylysine, and natamycin; and intermediate APIs.

Full company description

Zhejiang Shengda Bio-Pharm Co., Ltd. develops, produces, and sells food and feed additives for pharmaceutical, nutritional, food, and animal feed industry. It offers vitamins, such as biotin and folic acid; biological preservatives, including nisin, polylysine, and natamycin; and intermediate APIs. The company was incorporated in 1999 and is headquartered in Tiantai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Shengda Bio-Pharm Co reported revenue of ¥845M in FY2025 versus ¥790M in FY2021, a compound +1.7%/yr. Reported net income was ¥62.2M in FY2025, compounding −4.8%/yr from FY2021.

Growth Quality 24/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
845M CNY
Latest YoY
+2.1%
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.
+4.6%
Avg. growth/yr (5Y) 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.
−0.5%
Avg. growth/yr (13Y) 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.
+5.0%
Revenue +1.7%/yr
FY21 ¥790M
FY22 ¥738M
FY23 ¥727M
FY24 ¥827M
FY25 ¥845M
Net income −4.8%/yr
FY21 ¥75.8M
FY22 ¥31.5M
FY23 −¥54.1M
FY24 ¥29.4M
FY25 ¥62.2M
Character of growth · EPS growth decomposed (2013-2024) −11.7 % p.a.
Revenue per share +1.9 pp

of which total revenue +6.6 pp · buybacks/dilution −4.8 pp

EBIT margin −11.4 pp
Tax rate −0.8 pp
Residual (interest, one-offs) −1.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

603079 screens 50% overvalued. Compare with Jiangsu Hengrui Pharmaceuticals Co →

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Cite: Fair Value Calculator (2026). "Zhejiang Shengda Bio-Pharm Co Fair Value". https://www.fairvalue-calculator.com/stock/603079

Peer Group

Drug Manufacturers - Specialty & Generic · 622 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 · Below median
Fair Value upside −50% · Below median
Return on equity (TTM) 4% · Below median
Return on assets 2% · Below median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth -7% · Below median
Dividend yield (TTM) 0.9% · Below median
Debt / equity 0.20× · Higher than median

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

P/E (TTM) 40.5× · Pricier than median
P/B 1.40× · Cheaper than median
P/S (TTM) 2.67× · Pricier than median
EV/EBITDA 15.6× · 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 6
FUTURE 0 · sector 20
PAST 17 · sector 24
HEALTH 90 · sector 97
DIVIDEND 17 · sector 34

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 Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Aug 10, 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 Zhejiang Shengda Bio-Pharm Co (603079) overvalued or undervalued?
As of Aug 10, 2026, our model estimates a fair value of ¥6.08 versus a price of ¥12.21, about −50% (overvalued).
What is the fair value of 603079?
Our model-based fair value for Zhejiang Shengda Bio-Pharm Co is ¥6.08 (as of Aug 10, 2026), built from audited fundamentals. The current price is ¥12.21.
What is the quality score of 603079?
Zhejiang Shengda Bio-Pharm Co has a Quality Score of 47/100. 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 Zhejiang Shengda Bio-Pharm Co (603079)?
Zhejiang Shengda Bio-Pharm Co reported trailing-twelve-month revenue of about 831M CNY (latest available figure, as of Aug 10, 2026).
What is the net profit margin of 603079?
The net profit margin of Zhejiang Shengda Bio-Pharm Co is about 6.5%, meaning it keeps roughly 6.5% of revenue as net income. Based on the latest reported figures.
Does Zhejiang Shengda Bio-Pharm Co pay a dividend?
Zhejiang Shengda Bio-Pharm Co currently shows a dividend yield of about 0.87% 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.

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