Nanjing Leads Biolabs Co., Ltd.

SEHK:9887 Stock Report

Market Cap: HK$10.9b

Nanjing Leads Biolabs Valuation

Is 9887 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 9887 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HK$137.62
Fair Value
60.3% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: Insufficient data to calculate 9887's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 9887's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9887?

Key metric: As 9887 is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 9887. This is calculated by dividing 9887's market cap by their current book value.
What is 9887's PB Ratio?
PB Ratio94.6x
BookCN¥104.87m
Market CapCN¥9.92b

Price to Book Ratio vs Peers

How does 9887's PB Ratio compare to its peers?

The above table shows the PB ratio for 9887 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average8.2x
6826 Shanghai Haohai Biological Technology
1x15.11%HK$11.6b
2142 HBM Holdings
5.4x-25.46%HK$11.9b
2157 Lepu Biopharma
12.7x-39.70%HK$10.4b
2315 Biocytogen Pharmaceuticals (Beijing)
13.6xn/aHK$13.3b
9887 Nanjing Leads Biolabs
94.6x57.92%HK$10.9b

Price-To-Book vs Peers: 9887 is expensive based on its Price-To-Book Ratio (94.6x) compared to the peer average (8.2x).


Price to Book Ratio vs Industry

How does 9887's PB Ratio compare vs other companies in the HK Biotechs Industry?

3 CompaniesPrice / BookEstimated GrowthMarket Cap
2566 Hangzhou Jiuyuan Genetic Biopharmaceutical
1xn/aUS$222.83m
2137 Brii Biosciences
0.5x7.23%US$160.05m
2563 Beijing Biostar Pharmaceuticals
0.8xn/aUS$85.73m
No more companies available in this PB range
9887 94.6xIndustry Avg. 4.8xNo. of Companies11PB048121620+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 9887 is expensive based on its Price-To-Book Ratio (94.6x) compared to the Hong Kong Biotechs industry average (4.8x).


Price to Book Ratio vs Fair Ratio

What is 9887's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9887 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio94.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 9887's Price-To-Book Fair Ratio for valuation analysis.


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 9887 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$54.60
HK$76.78
+40.62%
17.44%HK$91.13HK$58.91n/a3
Nov ’26HK$53.70
HK$76.75
+42.92%
17.43%HK$91.09HK$58.89n/a3
Oct ’26HK$69.95
HK$76.75
+9.72%
17.43%HK$91.09HK$58.89n/a3
HK$76.78
Fair Value
28.9% undervalued intrinsic discount
3
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/18 01:26
End of Day Share Price 2025/11/18 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nanjing Leads Biolabs Co., Ltd. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yonglin YanCLSA
Yu WuCMB International Securities Limited
Po Han LinMorgan Stanley