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Assure Tech (Hangzhou) Co (688075) Fair Value & Analysis

Healthcare · CN · Market cap 4.0B CNY

AT Assure Tech (Hangzhou) Co 688075 · SHG
Price¥28.94
Fair Value¥12.70
Upside-56.1%
Quality47/100
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Weak Growth
Thin margins · 7.1% net margin
negative free cash flow
2.53% dividend yield
Mixed vs. peers (6/11)
Narrow moat 23/100
Evidence: High Range ¥9.53 – ¥15.19 Share as image

Fair value as of: Jul 12, 2026

From 17 valuation models · updated 29 days ago

Share price −3.9% over the past month.

Below-average quality, and screening another 56% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥15.19). 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)

¥122.01 ¥26.90 Fair Value ¥12.70 Nov 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

57‑month range ¥26.90 – ¥122.01 · fair‑value band ¥9.53 – ¥15.19 · the ¥28.94 price screens above the ¥12.70 fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Assure Tech (Hangzhou) Co (688075) currently trades at ¥28.94, while our model-based Fair Value estimate is ¥12.70, implying the stock looks roughly 56.1% 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, Assure Tech (Hangzhou) Co generated revenue of 409M CNY at a net margin of 7.1%. Revenue declined 38.2% year over year. It earns a return on equity of 0.6%. The balance sheet holds a net cash position of 463M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥9.53 (bear case) to ¥15.19 (bull case); at ¥28.94, 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 36% below its 52-week high, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -43% fair-value upside, at -56%, 688075 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 ¥27.89 ¥26.44 ¥19.66 76
Gordon GGM ¥7.03 ¥14.00 ¥21.20 70
Growth-Adj P/E ¥12.65 ¥18.07 ¥23.49 68
All 17 models by family
DCF Models
Owner Earnings ¥7.52 ¥11.24 ¥18.75 31
Earnings-Based
Graham-Dodd ¥3.93 ¥27.38 ¥38.43 54
Lynch FV ¥9.51 ¥13.59 ¥17.66 50
PEG = 1.0 ¥9.51 ¥13.59 ¥17.66 46
EPV ¥8.92 ¥9.62 ¥10.23 59
Dividend Discount
Gordon GGM ¥7.03 ¥14.00 ¥21.20 70
DDM Multi-Stage ¥7.03 ¥12.10 ¥14.78 61
Multiples
P/E Multiple ¥9.53 ¥12.70 ¥15.88 63
P/S Multiple ¥7.36 ¥9.82 ¥12.27 58
P/B Multiple ¥7.36 ¥9.82 ¥12.27 55
EV/EBIT ¥11.40 ¥13.71 ¥16.02 53
EV/EBITDA ¥14.17 ¥17.40 ¥20.64 54
EV/Revenue ¥9.42 ¥11.54 ¥13.66 43
Asset-Based
NCAV (Graham) ¥20.32 ¥27.23 ¥40.64 50
Economic Profit
Residual Income ¥27.89 ¥26.44 ¥19.66 76
ROIC Compounder ¥8.92 ¥9.62 ¥10.23 67
Growth Earnings
Growth-Adj P/E ¥12.65 ¥18.07 ¥23.49 68

Widest divergence: Asset-Based (¥27.23) versus Economic Profit (¥9.62). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 409M CNY
Revenue growth (YoY) -38.2%
Net margin 7.1%
Return on equity 0.6%
Free cash flow −105M CNY FY2025
P/E ratio 157.5
More key figures
Operating margin -15.6%
EPS (TTM) ¥0.2000
Dividend yield 2.5%
EPS growth (YoY) -83.9%
Net cash 463M CNY FY2024

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 48 · Market factors (momentum, volatility) 31

Profitability 26
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 86
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

Assure Tech (Hangzhou) Co., Ltd. engages in the research and development, production, and sale of vitro diagnostic reagents, and instruments in China. It is also involved in POCT and plastic product manufacturing; online sales; pharmaceutical sales; and medical testing.

Full company description

Assure Tech (Hangzhou) Co., Ltd. engages in the research and development, production, and sale of vitro diagnostic reagents, and instruments in China. It is also involved in POCT and plastic product manufacturing; online sales; pharmaceutical sales; and medical testing. In addition, the company offers drug of abuse, infectious disease, fertility, cardiac marker, tumor marker, allergen, and veterinary tests, as well as Biochemistry, chronic disease monitoring systems, and reader and analyzers. Further, it offers infectious disease, fertility, fecal occult blood, and vaginal pH tests. Assure Tech (Hangzhou) Co., Ltd. was founded in 2008 and is based in Hangzhou, China

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Assure Tech (Hangzhou) Co reported revenue of ¥454M in FY2025 versus ¥1.6B in FY2021, a compound −26.9%/yr. Reported net income was ¥73.4M in FY2025, compounding −43.9%/yr from FY2021.

Growth Quality 8/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
454M CNY
Latest YoY
−16.1%
Avg. growth/yr (3Y)
−58.1%
Avg. growth/yr (5Y)
−17.7%
Avg. growth/yr (8Y)
+19.2%
Revenue −26.9%/yr
FY21 ¥1.6B
FY22 ¥6.2B
FY23 ¥503M
FY24 ¥541M
FY25 ¥454M
Net income −43.9%/yr
FY21 ¥739M
FY22 ¥3.0B
FY23 ¥142M
FY24 ¥192M
FY25 ¥73.4M

688075 screens 56% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "Assure Tech (Hangzhou) Co Fair Value". https://www.fairvalue-calculator.com/stock/688075

Peer Group

Biotechnology · 603 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 · Above median
Fair Value upside −56% · Below median
Return on equity (TTM) 1% · Above median
Return on assets 1% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) -16% · Bottom 25%
Revenue growth -38% · Bottom 25%
Dividend yield (TTM) 2.5% · Above median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/E (TTM) 157.5× · Pricier than 75% of peers
P/B 0.78× · Cheaper than median
P/S (TTM) 9.78× · Pricier 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 0 · sector 0
FUTURE 0 · sector 0
PAST 2 · sector 0
HEALTH 0 · sector 97
DIVIDEND 51 · sector 23

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 Biotechnology stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $486.03 $278.78 -43%
Regeneron Pharmaceuticals, Inc REGN $664.45 $594.40 -11%
Samsung Biologics Co 207940 1,368,000 KRW 1,091,384 KRW -20%
Celltrion, Inc 068270 175,800 KRW 76,325 KRW -57%
WuXi Biologics (Cayman) Inc 2269 HK$39.54 HK$30.42 -23%
Innovent Biologics, Inc 1801 HK$86.70 HK$19.66 -77%
Sino Biopharmaceutical Limited 1177 HK$5.26 HK$3.36 -36%
ALTEOGEN Inc 196170 276,500 KRW 44,444 KRW -84%
RemeGen Co 688331 ¥134.02 ¥26.99 -80%
Biocon Limited BIOCON ₹440.70 ₹57.36 -87%

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Frequently asked questions

Is Assure Tech (Hangzhou) Co (688075) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥12.70 versus a price of ¥28.94, about −56% (overvalued).
What is the fair value of 688075?
Our model-based fair value for Assure Tech (Hangzhou) Co is ¥12.70 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥28.94.
What is the quality score of 688075?
Assure Tech (Hangzhou) 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 Assure Tech (Hangzhou) Co (688075)?
Assure Tech (Hangzhou) Co reported trailing-twelve-month revenue of about 409M CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 688075?
The net profit margin of Assure Tech (Hangzhou) Co is about 7.1%, meaning it keeps roughly 7.1% of revenue as net income. Based on the latest reported figures.
Does Assure Tech (Hangzhou) Co pay a dividend?
Assure Tech (Hangzhou) Co currently shows a dividend yield of about 2.53% relative to its recent price (as of Jul 12, 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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