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China Biotech Services Holdings Ltd (8037) Fair Value & Analysis

Healthcare · HK · Market cap HK$417M

CB China Biotech Services Holdings Ltd 8037 · HK
PriceHK$0.6200
Fair ValueHK$0.3100
Upside-50.0%
Quality33/100
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Risks

!Trades 100% ABOVE our fair value of HK$0.3100
!Weak Growth (revenue 5y −35.4 %/yr)
!Loss-making · -93.6% net margin
!Moderate debt · negative free cash flow
Weak Growth (revenue 5y −35.4 %/yr)
Loss-making · -93.6% net margin
Moderate debt · negative free cash flow
Trails peers (2/10)
Narrow moat 0/100
Evidence: Low Range HK$0.2400 – HK$0.3900 Share as image

Fair value as of: Aug 24, 2026

From 1 valuation models · updated today

Fair value updated Aug 24, 2026, revised from HK$0.0400 to HK$0.3100 (+675.0%) since Aug 13, 2026. Share price −4.6% over the past month.

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

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What matters now

  • The price sits above even our optimistic bull case (HK$0.3900). The favourable scenario is already priced in.
  • Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

HK$2.28 HK$0.2600 Fair Value HK$0.3100 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 24, 2026.

How to read this chart

60‑month range HK$0.2600 – HK$2.28 · fair‑value band HK$0.2400 – HK$0.3900 · the HK$0.6200 price screens above the HK$0.3100 fair value. Dashed = 300-day average. As of Aug 24, 2026.

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Analysis

China Biotech Services Holdings Ltd (8037) currently trades at HK$0.6200, while our model-based Fair Value estimate is HK$0.3100, implying the stock looks roughly 50.0% overvalued today. The Quality Score stands at 33/100 (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, China Biotech Services Holdings Ltd generated revenue of HK$73.5M at a net margin of -93.6%. Revenue declined 9.0% year over year. It earns a return on equity of -40.6%. Net debt stands at HK$383M. Fundamentals as of Aug 24, 2026

Our scenario range runs from HK$0.2400 (bear case) to HK$0.3900 (bull case); at HK$0.6200, 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 53% below its 52-week high and 107% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -54% fair-value upside, at -50%, 8037 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 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
NCAV (Graham) HK$0.1000 HK$0.1300 HK$0.2000 50
All 1 models by family
Asset-Based
NCAV (Graham) HK$0.1000 HK$0.1300 HK$0.2000 50

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Key figures & financial health

P/S ratio 5.67 TTM
Net margin -93.6% TTM
Return on equity -40.6% TTM
Return on assets -7.5% TTM
Operating margin -138% TTM
EPS (TTM) HK$-0.0300
More key figures
Growth
Revenue (TTM) HK$73.5M TTM
Revenue growth (YoY) -9.0% 3y avg -65.9%
EPS growth (YoY) +735%
Balance sheet & cash flow
Free cash flow −HK$197M FY2025
Net debt HK$383M FY2025

Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 33/100

Of which business quality 31 · Market factors (momentum, volatility) 36

Profitability 0
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 9
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 27
Distance to the 52-week high (market factor)
Net Issuance 76
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

China Biotech Services Holdings Limited, an investment holding company, provides medical laboratory testing and health check services in the People's Republic of China and Hong Kong. The company operates through Medical and Health Related Services, Immunotherapy, Pharmaceutical Products, Insurance Brokerage, BNCT, and Others segments.

Full company description

China Biotech Services Holdings Limited, an investment holding company, provides medical laboratory testing and health check services in the People's Republic of China and Hong Kong. The company operates through Medical and Health Related Services, Immunotherapy, Pharmaceutical Products, Insurance Brokerage, BNCT, and Others segments. It also engages in the provision of tumor immune cell therapy and health management services; sale and distribution of health related and pharmaceutical products; insurance brokerage services; provision of boron neutron capture therapy treatment services, as well as provision of logistic services. The company was formerly known as Rui Kang Pharmaceutical Group Investments Limited and changed its name to China Biotech Services Holdings Limited in November 2017. China Biotech Services Holdings Limited was founded in 1996 and is headquartered in Causeway Bay, Hong Kong.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Biotech Services Holdings Ltd reported revenue of HK$73.5M in FY2025 versus HK$624M in FY2021, a compound −41.4%/yr. Reported net income was −HK$68.8M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$73.5M
Latest YoY
+4.2%
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.
−65.9%
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.
−35.4%
Avg. growth/yr (21Y) 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%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −41.4%/yr
FY21 HK$624M
FY22 HK$1.9B
FY23 HK$212M
FY24 HK$70.5M
FY25 HK$73.5M
Net income
FY21 HK$19.4M
FY22 HK$258M
FY23 −HK$95.4M
FY24 −HK$198M
FY25 −HK$68.8M

8037 screens 50% overvalued. Compare with Thermo Fisher Scientific Inc →

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Cite: Fair Value Calculator (2026). "China Biotech Services Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/8037

Peer Group

Diagnostics & Research · 139 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 31 · Bottom 25%
Fair Value upside −50% · Below median
Return on assets -7% · Bottom 25%
Net margin (TTM) -94% · Bottom 25%
Operating margin (TTM) -138% · Bottom 25%
Revenue growth -9% · Bottom 25%
Debt / equity 1.00× · Higher than 75% of peers

Valuation Multiples vs Diagnostics & Research median · lower = cheaper

P/B 0.28× · Cheaper than 75% of peers
P/S (TTM) 0.72× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE0 · sector 24
PAST0 · sector 8
HEALTH50 · sector 96
DIVIDEND0 · sector 19

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

Similar stocks

10 more Diagnostics & Research stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
Thermo Fisher Scientific Inc TMO $603.01 $308.19 -49%
Danaher Corporation DHR $205.79 $103.88 -50%
WuXi AppTec Co 2359 HK$198.90 HK$157.39 -21%
Lonza Group LONN CHF 566.20 CHF 259.80 -54%
IDEXX Laboratories, Inc IDXX $570.58 $255.77 -55%
Agilent Technologies, Inc A $148.24 $61.53 -58%
Waters Corporation WAT $416.15 $121.96 -71%
IQVIA Holdings IQV $236.66 $132.17 -44%
Illumina, Inc ILMN $219.40 $95.51 -56%
Mettler-Toledo International Inc MTD $1,419 $615.78 -57%

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Frequently asked questions

Is China Biotech Services Holdings Ltd (8037) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of HK$0.3100 versus a price of HK$0.6200, about −50% (overvalued).
What is the fair value of 8037?
Our model-based fair value for China Biotech Services Holdings Ltd is HK$0.3100 (as of Aug 24, 2026), built from audited fundamentals. The current price: HK$0.6200.
What is the quality score of 8037?
China Biotech Services Holdings Ltd has a Quality Score of 33/100. 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 China Biotech Services Holdings Ltd (8037)?
China Biotech Services Holdings Ltd reported trailing-twelve-month revenue of about HK$73.5M (latest available figure, as of Aug 24, 2026).
What is the net profit margin of 8037?
The net profit margin of China Biotech Services Holdings Ltd is about -93.6%, 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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