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Yunnan Hongxiang Yixintang (002727) Fair Value & Analysis

Healthcare · CN · Market cap 6.4B CNY (≈ $959M) · ISIN CNE100001WJ8

What is Yunnan Hongxiang Yixintang really worth?

YH Yunnan Hongxiang Yixintang 002727 · SHE
Price¥11.26
Fair Value¥9.45
Upside−16.1%
Quality65/100

A solid business, but trading 19% above our fair value of ¥9.45.

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Strengths

Low debt · generates free cash flow
Ranks above peers (10/14)

Risks

!Mixed Growth (revenue 5y +6.5 %/yr)
!Thin margins · 1.6% net margin
!Narrow moat 24/100
!Weak on valuation: 12 out of 100
!Weak on past: 15 out of 100

For context

·3.55% dividend yield
Evidence: High Range ¥7.09 – ¥11.81

Fair value as of: Aug 22, 2026

From 26 valuation models · updated 14 days ago

Share price −2.3% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
  • The price sits in the upper half of our model range, so the margin of safety is thin.
  • The data supports the verdict: every model runs on fully documented inputs.

Price vs Fair Value (5 years)

¥43.27 ¥9.59 Fair Value ¥9.45 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

60‑month range ¥9.59 – ¥43.27 · fair‑value band ¥7.09 – ¥11.81 · the ¥11.26 price screens above the ¥9.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 22, 2026.

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Analysis

Yunnan Hongxiang Yixintang (002727) currently trades at ¥11.26, while our model-based Fair Value estimate is ¥9.45, implying the stock looks roughly 19.1% overvalued today. The Quality Score stands at 65/100 (solid quality), in the Healthcare sector. Bull case: the DCF Models group reads highest at a median of ¥37.30 per share, and 16 of the 26 models we run sit above the ¥11.26 price. Bear case: the Earnings-Based group reads lowest at ¥6.46, and 10 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Yunnan Hongxiang Yixintang generated revenue of 17.0B CNY at a net margin of 1.6%. Revenue declined 7.0% year over year. It earns a return on equity of 3.7%. The balance sheet holds a net cash position of 1.4B CNY. Fundamentals as of Aug 22, 2026

Our scenario range runs from ¥7.09 (bear case) to ¥11.81 (bull case); at ¥11.26, the current price sits within 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 32% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −21% fair-value upside, at −16%, 002727 screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥0.0544 per share, which is 0.6 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF ¥33.95 ¥60.60 ¥108.44 77
Growth DCF ¥33.31 ¥56.66 ¥95.92 76
Residual Income ¥9.15 ¥9.08 ¥7.98 76
All 26 models by family
DCF Models
FCF DCF ¥33.95 ¥60.60 ¥108.44 77
Owner Earnings ¥31.33 ¥55.83 ¥99.33 73
5Y Revenue Exit ¥21.45 ¥32.63 ¥47.63 72
5Y EBITDA Exit ¥34.68 ¥61.13 ¥95.34 74
5Y P/E Exit ¥18.07 ¥25.36 ¥33.48 71
10Y Revenue Exit ¥25.02 ¥37.30 ¥56.05 66
10Y EBITDA Exit ¥34.16 ¥58.22 ¥96.78 66
10Y P/E Exit ¥23.19 ¥31.96 ¥43.97 64
Earnings-Based
Graham-Dodd ¥3.06 ¥16.36 ¥22.67 63
Lynch FV ¥4.52 ¥6.46 ¥8.39 61
PEG = 1.0 ¥4.52 ¥6.46 ¥8.39 57
EPV ¥13.99 ¥15.58 ¥16.95 74
Dividend Discount
Gordon GGM ¥4.57 ¥9.11 ¥13.80 67
DDM Multi-Stage ¥4.57 ¥7.87 ¥9.62 67
Multiples
P/E Multiple ¥7.09 ¥9.45 ¥11.81 63
P/S Multiple ¥5.74 ¥7.65 ¥9.56 58
P/B Multiple ¥5.74 ¥7.65 ¥9.56 55
EV/EBIT ¥20.16 ¥25.57 ¥30.98 66
EV/EBITDA ¥37.18 ¥48.27 ¥59.35 67
EV/Revenue ¥15.51 ¥20.47 ¥25.44 54
Asset-Based
NCAV (Graham) ¥6.24 ¥8.36 ¥12.47 54
Growth DCF
Growth DCF ¥33.31 ¥56.66 ¥95.92 76
Rev-Margin DCF ¥21.45 ¥32.55 ¥47.59 72
Economic Profit
Residual Income ¥9.15 ¥9.08 ¥7.98 76
ROIC Compounder ¥14.80 ¥18.85 ¥23.19 72
Growth Earnings
Growth-Adj P/E ¥6.66 ¥9.51 ¥12.36 67

Widest divergence: DCF Models (¥37.30) versus Earnings-Based (¥6.46). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/E ratio 23.5
P/S ratio 0.36 P/E × margin
EPS (TTM) ¥0.4800 price ÷ EPS = P/E 23.5
Dividend yield 3.6% payout 83.3%
Net margin 1.5% FY2025
Return on equity 3.7% TTM
More key figures
Profitability
Return on assets (EBIT) 5.3% avg 5y
Operating margin 6.3% TTM
Growth
Revenue (TTM) 17.0B CNY TTM
Revenue growth (YoY) −7.0% 3y avg −0.2%
EPS growth (YoY) +12.0%
Balance sheet & cash flow
Free cash flow 1.4B CNY FY2025
Net cash 1.4B CNY FY2024

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 65 · Market factors (momentum, volatility) 36

Profitability 44
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 66
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 90
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

Yixintang Pharmaceutical Group Co., Ltd., together with its subsidiary, engages in the pharmaceutical retail chain and pharmaceutical distribution business.

Full company description

Yixintang Pharmaceutical Group Co., Ltd., together with its subsidiary, engages in the pharmaceutical retail chain and pharmaceutical distribution business. The company is involved in the wholesale, retail, leasing, and operation of medical devices; sale of food, disinfectants, disinfection equipment, sanitary products and disposable medical products, household appliances, adult toys, agricultural and sideline products, cosmetics, and daily sundries and necessities; manufacturing of glasses; provision of value-added telecommunications, Internet live broadcast technology, and Internet information services for medicines, as well as clinic and foot bath services; operation of aquatic wild animals and call center; retail of publications; and decoction services for Chinese herbal medicines. It also engages in the agency sale of single-purpose commercial prepaid cards and China sports lottery; and maternal and child care activities. In addition, the company provides health care, housekeeping, amusement park, residents' daily life, and health consulting service, as well as business agency, ticket agency, personal Internet live broadcast, remote health management, corporate member points management, food delivery, and road freight transportation services. Further, it is involved in the import and export of goods and technology; wholesale of pet food and supplies; and wholesale of clothing and accessories. Additionally, the company sells products online. The company was formerly known as Yunnan Hongxiang Yixintang Pharmaceutical Co., Ltd. and changed its name to Yixintang Pharmaceutical Group Co., Ltd. in June 2019. Yixintang Pharmaceutical Group Co., Ltd. was founded in 2000 and is headquartered in Kunming, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yunnan Hongxiang Yixintang reported revenue of 17.3B CNY in FY2025 versus 14.6B CNY in FY2021, a compound +4.4%/yr. Reported net income was 263M CNY in FY2025, compounding −26.9%/yr from FY2021.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
17.3B CNY
Latest YoY
−3.7%
Avg. revenue 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.
−0.2%
Avg. revenue 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.
+6.5%
Avg. revenue growth/yr (16Y) 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.
+16.7%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year.
−0.9% (−4.5 + 3.6)
Revenue +4.4%/yr
FY21 14.6B CNY
FY22 17.4B CNY
FY23 17.4B CNY
FY24 18.0B CNY
FY25 17.3B CNY
Net income −26.9%/yr
FY21 922M CNY
FY22 1.0B CNY
FY23 549M CNY
FY24 114M CNY
FY25 263M CNY
Character of growth · EPS growth decomposed (2013-2024) +4.2 % p.a.
Revenue per share +13.2 %

of which total revenue +16.6 % · buybacks/dilution −2.9 %

EBIT margin −5.7 %
Tax rate −1.2 %
Residual (interest, one-offs) −1.1 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

002727 screens 19% overvalued. Compare with JD Health International Inc →

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Cite: Fair Value Calculator (2026). "Yunnan Hongxiang Yixintang Fair Value". https://www.fairvalue-calculator.com/stock/002727

Peer Group

Pharmaceutical Retailers · 57 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 65 · Top 25%
Fair Value upside −16% · Below median
Return on equity (TTM) 4% · Above median
Return on assets 2% · Above median
Net margin (TTM) 2% · Above median
Operating margin (TTM) 6% · Top 25%
Revenue growth −7% · Bottom 25%
Dividend yield (TTM) 3.6% · Above median

Valuation Multiples vs Pharmaceutical Retailers median · lower = cheaper

P/E (TTM) 23.5× · Pricier than median
P/B 0.88× · Cheaper than median
P/S (TTM) 0.38× · Pricier than median
P/FCF 0.7× · Cheaper than median
EV/EBITDA 6.3× · Cheaper than median

Strength profile in five axes (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
VALUE12 · sector 20
FUTURE0 · sector 19
PAST15 · sector 15
HEALTH100 · sector 98
DIVIDEND71 · sector 63

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 Pharmaceutical Retailers stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).

Stock Price Fair Value vs Fair Value
JD Health International Inc 6618 HK$38.86 HK$33.31 −14%
Alibaba Health Information Technology Limited 0241 HK$3.26 HK$2.04 −37%
Yifeng Pharmacy Chain Co 603939 ¥22.90 ¥29.07 +27%
DaShenLin Pharmaceutical Group 603233 ¥18.79 ¥23.86 +27%
MedPlus Health Services Limited MEDPLUS ₹656.80 ₹191.97 −71%
LBX Pharmacy Chain Joint Stock Company 603883 ¥13.44 ¥10.57 −21%
Anhui Huaren Health Pharmaceutical Co 301408 ¥16.31 ¥10.05 −38%
ShuYu Civilian Pharmacy Corp 301017 ¥13.30 ¥5.91 −56%
Apotea AB APOTEA kr 74.15 kr 46.46 −37%
Luyan Pharma Co 002788 ¥10.96 ¥15.91 +45%

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Frequently asked questions

Is Yunnan Hongxiang Yixintang (002727) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of ¥9.45 versus a price of ¥11.26, about −16% upside (overvalued).
What is the fair value of 002727?
Our model-based fair value for Yunnan Hongxiang Yixintang is ¥9.45 (as of Aug 22, 2026), built from audited fundamentals. The current price: ¥11.26.
What is the quality score of 002727?
Yunnan Hongxiang Yixintang has a Quality Score of 65/100. 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 Yunnan Hongxiang Yixintang (002727)?
Yunnan Hongxiang Yixintang reported trailing-twelve-month revenue of about 17.0B CNY (latest available figure, as of Aug 22, 2026).
What is the net profit margin of 002727?
The net profit margin of Yunnan Hongxiang Yixintang is about 1.6%, meaning it keeps roughly 1.6% of revenue as net income. Based on the latest reported figures.
Does Yunnan Hongxiang Yixintang pay a dividend?
Yunnan Hongxiang Yixintang currently shows a dividend yield of about 3.55% relative to its recent price (as of Aug 22, 2026).
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