Imeik Technology Development Co.,Ltd.

SZSE:300896 Stock Report

Market Cap: CN¥64.9b

Imeik Technology DevelopmentLtd Valuation

Is 300896 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 300896 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300896 (CN¥215.99) is trading below our estimate of fair value (CN¥238.29)

Significantly Below Fair Value: 300896 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300896?

Key metric: As 300896 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300896. This is calculated by dividing 300896's market cap by their current earnings.
What is 300896's PE Ratio?
PE Ratio32.1x
EarningsCN¥2.03b
Market CapCN¥64.92b

Price to Earnings Ratio vs Peers

How does 300896's PE Ratio compare to its peers?

The above table shows the PE ratio for 300896 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.6x
300122 Chongqing Zhifei Biological Products
19.6x45.1%CN¥72.2b
002252 Shanghai RAAS Blood Products
27.6x17.0%CN¥50.5b
688278 Xiamen Amoytop Biotech
40.8x32.0%CN¥30.2b
600161 Beijing Tiantan Biological Products
34.3x19.7%CN¥43.7b
300896 Imeik Technology DevelopmentLtd
32.1x18.2%CN¥65.1b

Price-To-Earnings vs Peers: 300896 is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the peer average (30.6x).

Price to Earnings Ratio vs Industry

How does 300896's PE Ratio compare vs other companies in the CN Biotechs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
300896 32.1xIndustry Avg. 36.6xNo. of Companies6PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300896 is good value based on its Price-To-Earnings Ratio (32.1x) compared to the CN Biotechs industry average (36.6x).

Price to Earnings Ratio vs Fair Ratio

What is 300896's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300896 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.1x
Fair PE Ratio32.1x

Price-To-Earnings vs Fair Ratio: 300896 is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the estimated Fair Price-To-Earnings Ratio (32.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 300896 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥215.99
CN¥264.74
+22.6%
26.1%CN¥472.14CN¥201.00n/a12
Nov ’25CN¥211.02
CN¥268.23
+27.1%
26.8%CN¥472.14CN¥201.00n/a12
Oct ’25CN¥235.60
CN¥264.39
+12.2%
29.0%CN¥472.14CN¥180.00n/a12
Sep ’25CN¥144.96
CN¥282.99
+95.2%
31.8%CN¥478.07CN¥180.00n/a13
Aug ’25CN¥172.98
CN¥312.90
+80.9%
26.0%CN¥478.07CN¥207.00n/a13
Jul ’25CN¥173.66
CN¥307.52
+77.1%
22.0%CN¥478.07CN¥228.57n/a12
Jun ’25CN¥201.13
CN¥307.52
+52.9%
22.0%CN¥478.07CN¥228.57n/a12
May ’25CN¥214.80
CN¥315.86
+47.0%
21.0%CN¥478.07CN¥228.57n/a12
Apr ’25CN¥249.94
CN¥324.60
+29.9%
19.5%CN¥478.07CN¥269.29n/a11
Mar ’25CN¥229.44
CN¥326.35
+42.2%
24.8%CN¥478.07CN¥221.43n/a11
Feb ’25CN¥201.70
CN¥338.17
+67.7%
25.1%CN¥478.07CN¥221.43n/a11
Jan ’25CN¥210.24
CN¥372.57
+77.2%
20.1%CN¥478.07CN¥221.43n/a11
Dec ’24CN¥212.86
CN¥395.57
+85.8%
10.9%CN¥478.07CN¥317.14n/a10
Nov ’24CN¥231.14
CN¥405.78
+75.6%
11.1%CN¥478.07CN¥317.14CN¥211.0211
Oct ’24CN¥278.76
CN¥451.10
+61.8%
6.1%CN¥478.57CN¥397.86CN¥235.6011
Sep ’24CN¥313.57
CN¥451.10
+43.9%
6.1%CN¥478.57CN¥397.86CN¥144.9611
Aug ’24CN¥326.20
CN¥465.84
+42.8%
7.8%CN¥545.00CN¥397.86CN¥172.9811
Jul ’24CN¥317.82
CN¥481.59
+51.5%
5.0%CN¥545.00CN¥450.00CN¥173.669
Jun ’24CN¥325.43
CN¥489.11
+50.3%
6.0%CN¥545.00CN¥450.00CN¥201.138
May ’24CN¥388.55
CN¥497.26
+28.0%
7.3%CN¥562.50CN¥450.00CN¥214.809
Apr ’24CN¥399.11
CN¥496.31
+24.4%
7.5%CN¥562.50CN¥444.29CN¥249.949
Mar ’24CN¥421.43
CN¥475.31
+12.8%
11.8%CN¥563.36CN¥432.25CN¥229.447
Feb ’24CN¥431.43
CN¥475.31
+10.2%
11.8%CN¥563.36CN¥432.25CN¥201.707
Jan ’24CN¥404.54
CN¥470.89
+16.4%
9.9%CN¥562.50CN¥432.25CN¥210.248
Dec ’23CN¥355.18
CN¥470.89
+32.6%
9.9%CN¥562.50CN¥432.25CN¥212.868
Nov ’23CN¥325.00
CN¥468.98
+44.3%
10.7%CN¥562.50CN¥397.98CN¥231.149

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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