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Zhejiang Shapuaisi Pharmaceutical Co (603168) Fair Value & Analysis

Healthcare · CN · Market cap 2.0B CNY

ZS Zhejiang Shapuaisi Pharmaceutical Co 603168 · SHG
Price¥4.81
Fair Value¥2.03
Upside-57.8%
Quality30/100
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Evidence: Low Range ¥1.42 – ¥2.63

Fair value as of: Jul 11, 2026

From 4 valuation models · updated today

Fair value updated Jul 11, 2026 — revised from ¥16.25 to ¥2.03 (−87.5%) since Jun 24, 2026. Share price −8.1% over the past month.

Price vs Fair Value (12 months)

¥8.37 ¥4.59 Fair Value ¥2.03 Jun 2025 Jul 2026

12‑month range ¥4.59 – ¥8.37 · fair‑value band ¥1.42 – ¥2.63 · the ¥4.81 price screens above the ¥2.03 fair value. As of Jul 11, 2026.

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Analysis

Zhejiang Shapuaisi Pharmaceutical Co (603168) currently trades at ¥4.81, while our model-based Fair Value estimate is ¥2.03 — implying the stock looks roughly 57.8% overvalued today. We read business quality at 30/100 (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: low).

Over the trailing twelve months, Zhejiang Shapuaisi Pharmaceutical Co generated revenue of 460M CNY at a net margin of -59.6%. Revenue declined 3.2% year over year. It earns a return on equity of -18.7%. Net debt stands at 146M CNY. Fundamentals as of Jul 11, 2026

Our scenario range runs from ¥1.42 (bear case) to ¥2.63 (bull case); at ¥4.81, the current price sits above that range. The share trades about 47% below its 52-week high, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -48% fair-value upside — at -58%, 603168 screens richer than that median.

Key figures & financial health

Revenue (TTM) 460M CNY
Revenue growth (YoY) -3.2%
Net margin -59.6%
Return on equity -18.7%
Free cash flow −49.2M CNY FY2025
Operating margin 6.6%
More key figures
EPS (TTM) ¥-0.7300
EPS growth (YoY) +100%
Net debt 146M CNY FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 11, 2026. TTM = trailing twelve months.

About the company

Zhejiang Shapuaisi Pharmaceutical Co.,Ltd. engages in the research and development, production, and sale of pharmaceutical products. The company provides its products to ophthalmology, antimicrobials, gynecology, and other classes. It offers its products in injections, oral solutions, eye drops, large-volume injections, oral solutions, tablets, granules, and other dosage forms. It also offers medical and health care, and scientific research and teaching facilities. Zhejiang Shapuaisi Pharmaceutical Co.,Ltd. was founded in 2000 and is based in Pinghu, China.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Shapuaisi Pharmaceutical Co reported revenue of ¥463M in FY2025 versus ¥630M in FY2021, a compound −7.4%/yr. Reported net income was −¥239M in FY2025.

Revenue −7.4%/yr
FY21 ¥630M
FY22 ¥550M
FY23 ¥645M
FY24 ¥484M
FY25 ¥463M
Net income
FY21 ¥35.7M
FY22 ¥44.8M
FY23 ¥25.4M
FY24 −¥123M
FY25 −¥239M

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Cite: Fair Value Calculator (2026). "Zhejiang Shapuaisi Pharmaceutical Co Fair Value". https://www.fairvalue-calculator.com/stock/603168

Similar stocks

10 more Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 1276 HK$57.85 HK$29.84 -48%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,782 ₹915.92 -49%
Zoetis Inc Z1TS34 R$26.19 R$26.01 -1%
Hansoh Pharmaceutical Group 3692 HK$29.30 HK$23.90 -18%
Divi's Laboratories Limited DIVISLAB ₹6,788 ₹2,035 -70%
Torrent Pharmaceuticals Limited TORNTPHARM ₹4,421 ₹1,504 -66%
Cipla Limited CIPLA ₹1,401 ₹592.37 -58%
Zydus Lifesciences Limited ZYDUSLIFE ₹1,098 ₹507.31 -54%
Dr. Reddy's Laboratories Limited DRREDDY ₹1,272 ₹720.15 -43%
Lupin Limited LUPIN ₹2,340 ₹2,477 +6%

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Frequently asked questions

Is Zhejiang Shapuaisi Pharmaceutical Co (603168) undervalued?
As of Jul 11, 2026, our model estimates a fair value of ¥2.03 versus a price of ¥4.81 — about −58% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 603168?
Our model-based fair value for Zhejiang Shapuaisi Pharmaceutical Co is ¥2.03 (as of Jul 11, 2026), built from audited fundamentals. The current price is ¥4.81.
What is the quality score of 603168?
Zhejiang Shapuaisi Pharmaceutical Co has a Quality Score of 30/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Zhejiang Shapuaisi Pharmaceutical Co (603168)?
Zhejiang Shapuaisi Pharmaceutical Co reported trailing-twelve-month revenue of about 460M CNY (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 603168?
The net profit margin of Zhejiang Shapuaisi Pharmaceutical Co is about -59.6%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.