Zhengye Biotechnology Holding Ltd.
Zhengye Biotechnology Holding Ltd. Class A Ordinary Shares represents the equity of Zhengye Biotechnology Holding Limited, a veterinary vaccine manufacturer focused on research, development, manufacturing, and sales of vaccines for livestock and other animals. The company’s product portfolio includes vaccines for swine, cattle, goats, sheep, poultry, and dogs, supporting disease prevention across animal health markets in China. Its business is centered on serving veterinary and agricultural needs through a range of monovalent, polyvalent, and combined vaccine offerings. Zhengye Biotechnology Holding Ltd. operates in the biotechnology and health technology sectors, where it plays a role in supplying immunization products used by veterinarians, farms, and livestock producers. The Class A Ordinary Shares are part of the company’s dual-class share structure and reflect its ordinary equity interests.
$1.40
-$0.10 (-6.67%)
EOD Oct 16, 2026
The business is unprofitable at the operating level (-58.66% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 37.6% YoY. Margins deteriorated 67.9pp alongside, both lines moving the wrong way.
Free cash flow declined 95% versus the prior year, cash generation momentum has weakened. ROIC dropped from 3.70% to -13.14%, capital efficiency is deteriorating.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
¥116M
▼ -37.6% YoY
Net Income (TTM)
-¥83M
▼ -715.9% YoY
Op. Margin
-58.66%
▼ -67.9pp YoY
ROIC
-13.14%
▼ -16.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
¥703K
▼ -94.7% YoY
Op. Cash Flow (TTM)
¥13M
▼ -67.5% YoY
Net Debt
¥23M
Cash & Equiv.
¥52M
3Y CAGR: -23.5%
Continue Research
Is Zhengye Biotechnology Holding (ZYBT) overvalued?
Zhengye Biotechnology Holding (ZYBT) trades above a two-stage DCF intrinsic value of about CNY -0.23 per share, so at CNY 1.40 the stock looks overvalued (116.7% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Zhengye Biotechnology Holding scores 9/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Zhengye Biotechnology Holding's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about CNY -0.23 per share for ZYBT, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around CNY -0.18. At today's CNY 1.40, that puts the stock about 116.7% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Zhengye Biotechnology Holding a high-quality business?+
Zhengye Biotechnology Holding scores 9 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -58.7% operating margin and a -13.1% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Zhengye Biotechnology Holding a good stock to buy right now?+
That depends on valuation and quality together, not either alone. ZYBT currently trades above its estimated intrinsic value and scores 9/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.