Shanghai Haohai Biological Technology Co., Ltd. logo

Shanghai Haohai Biological Technology Co., Ltd.

6826.HK

HKSEHealthcareBiotechnology

Latest quote

HK$15.63

−HK$0.83 · -5.04%

Aug 24, 2:01 PM HKT

6826.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Shanghai Haohai Biological Technology Co., Ltd. is a global enterprise dedicated to the research, development, manufacturing, and commercialization of biomedical materials. Its operations span Mainland China, the United States, the United Kingdom, and various other international regions. A comprehensive product portfolio addresses several key medical disciplines. Within ophthalmology, offerings include intraocular lenses, ophthalmic viscoelastic devices, orthokeratology and phakic refractive lenses, eye drops, injectors, and surgical scalpels. Orthopedics products encompass sodium hyaluronate injections and medical chitosan. For wound repair, it manufactures recombinant human epidermal growth factor, effective in treating burn wounds, residual wounds, donor site post-traumatic wounds, and both fresh and chronic ulcerations. Additionally, the company develops anti-adhesion materials, including medical sodium hyaluronate gel and medical chitosan, as well as hemostatic solutions such as collagen sponges and porcine fibrin sealants. Beyond its therapeutic offerings, Shanghai Haohai maintains a significant presence in the medical aesthetics market. This segment features a range of hyaluronic acid (HA) dermal fillers: Matrifill, positioned as a first-generation mono-phase injectable HA gel; Janlane, a second-generation filler engineered for dynamic application; and Hyalumatrix, a third-generation product providing precise aesthetic embellishment. Its aesthetic portfolio is further complemented by radio frequency devices and laser equipment. Furthermore, the company actively engages in the research and development of biological engineering and pharmaceutical products, extending services such as technology transfer and consultation. It also conducts investment and trading operations. Established in 2007, the entity initially traded as Haohai Limited before officially adopting the name Shanghai Haohai Biological Technology Co., Ltd. in 2010. Its corporate headquarters are based in Shanghai, China.

Industry
Biotechnology
Sector
Healthcare
Headquarters
CN
CEO
Wu Jianying
Listed since
Apr 30, 2015
Employees
2,110

Market position

Day range

Current HK$15.63

52-week range

Current HK$15.63

Open
HK$16.09
Previous close
HK$16.46
Volume
353.54K
1.94× average
Average volume
181.97K
Average daily volume
Market cap
6.28B HKD
Beta
0.47
Market reference 1
50-day average
HK$16.2386
-3.75% below average
200-day average
HK$22.1822
-29.54% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.04B CNY
P/E (TTM)
43.94×
P/B (TTM)
1.25×
P/S (TTM)
2.39×
EV / EBITDA
7.28×
Earnings yield
4.80%
Free cash flow yield
8.76%
Dividend yield
3.40%

Profitability & efficiency

Gross margin
98.65%
Operating margin
2.90%
Net margin
6.50%
Return on equity
4.51%
Return on assets
3.64%
Return on invested capital
3.15%

Financial health

Debt / equity
0.08×
Current ratio
3.79×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends78%53%27%1%Gross margin, FY2021: 71.98%Gross margin, FY2022: 68.79%Gross margin, FY2023: 70.34%Gross margin, FY2024: 69.74%Gross margin, FY2025: 69.06%Operating margin, FY2021: 10.06%Operating margin, FY2022: 7.41%Operating margin, FY2023: 16.64%Operating margin, FY2024: 12.98%Operating margin, FY2025: 9.06%Net margin, FY2021: 20.13%Net margin, FY2022: 8.58%Net margin, FY2023: 15.79%Net margin, FY2024: 15.69%Net margin, FY2025: 10.00%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 71.98%. Gross margin FY2022 68.79%. Gross margin FY2023 70.34%. Gross margin FY2024 69.74%. Gross margin FY2025 69.06%. Operating margin FY2021 10.06%. Operating margin FY2022 7.41%. Operating margin FY2023 16.64%. Operating margin FY2024 12.98%. Operating margin FY2025 9.06%. Net margin FY2021 20.13%. Net margin FY2022 8.58%. Net margin FY2023 15.79%. Net margin FY2024 15.69%. Net margin FY2025 10.00%.

Income trends

Revenue

2.45B CNY-8.71%

Operating income

221.63M CNY-36.30%

Net income

244.51M CNY-41.85%
Income trends across reported periods2.93B CNY1.92B CNY912.97M CNY−96.58M CNYRevenue, FY2021: 1.75B CNYRevenue, FY2022: 2.1B CNYRevenue, FY2023: 2.63B CNYRevenue, FY2024: 2.68B CNYRevenue, FY2025: 2.45B CNYOperating income, FY2021: 176.03M CNYOperating income, FY2022: 155.81M CNYOperating income, FY2023: 438.38M CNYOperating income, FY2024: 347.93M CNYOperating income, FY2025: 221.63M CNYNet income, FY2021: 352.23M CNYNet income, FY2022: 180.47M CNYNet income, FY2023: 416.12M CNYNet income, FY2024: 420.45M CNYNet income, FY2025: 244.51M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.75B CNY. Revenue FY2022 2.1B CNY. Revenue FY2023 2.63B CNY. Revenue FY2024 2.68B CNY. Revenue FY2025 2.45B CNY. Operating income FY2021 176.03M CNY. Operating income FY2022 155.81M CNY. Operating income FY2023 438.38M CNY. Operating income FY2024 347.93M CNY. Operating income FY2025 221.63M CNY. Net income FY2021 352.23M CNY. Net income FY2022 180.47M CNY. Net income FY2023 416.12M CNY. Net income FY2024 420.45M CNY. Net income FY2025 244.51M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue2.45B CNY2.68B CNY2.63B CNY2.1B CNY1.75B CNY
Cost of goods sold756.79M CNY810.88M CNY781.4M CNY656.52M CNY490.37M CNY
Gross profit1.69B CNY1.87B CNY1.85B CNY1.45B CNY1.26B CNY
Research and development220M CNY260.79M CNY220.1M CNY182.19M CNY167.6M CNY
Selling, general, and administrative1.25B CNY1.23B CNY1.24B CNY1.08B CNY898.43M CNY
Operating expenses1.47B CNY1.42B CNY1.42B CNY1.29B CNY1.08B CNY
Interest income74.89M CNY73.96M CNY77.73M CNY87.88M CNY98.21M CNY
Interest expense18.39M CNY18.06M CNY7.3M CNY7.6M CNY4.96M CNY
Depreciation and amortization178.93M CNY177.03M CNY197.86M CNY204.22M CNY162.84M CNY
Operating income221.63M CNY347.93M CNY438.38M CNY155.81M CNY176.03M CNY
Net income244.51M CNY420.45M CNY416.12M CNY180.47M CNY352.23M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.2

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.10.60.1-0.4Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q3 2024, reported Aug 17, 2024: actual 0.877, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 25, 2024: actual 0.356, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 20, 2025: actual 0.258, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 25, 2025: actual 0.416, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 22, 2025: actual 0.997, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 27, 2026: actual -0.3, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 24, 2026: actual 0.364, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 21, 2026: actual 0.196, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.48B1.17B870.53M566.07MQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 25, 2024: actual 741.8M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 20, 2025: actual 662.58M HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 25, 2025: actual 660.05M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 22, 2025: actual 1.42B HKD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 24, 2025: actual 650.49M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 27, 2026: actual 629.06M HKD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 24, 2026: actual 649.4M HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 21, 2026: actual 698.9M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$1.0935

2025 complete year+152.6% since 2021

2026 partial: HK$0.6883

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 4, 2026

HK$0.6883

Semi-Annual

Record Sep 8, 2026 · Payment Oct 16, 2026

Dividend

Ex-dividend Sep 5, 2025

HK$0.4385

Semi-Annual

Record Sep 8, 2025 · Payment Oct 17, 2025

Dividend

Ex-dividend Jun 17, 2025

HK$0.655

Semi-Annual

Record Jun 18, 2025 · Payment Jul 18, 2025

Dividend

Ex-dividend Sep 20, 2024

HK$0.4387

Semi-Annual

Record Sep 23, 2024 · Payment Oct 25, 2024

Dividend

Ex-dividend Jun 6, 2024

HK$1.5375

Semi-Annual

Record Jun 7, 2024 · Payment Jul 19, 2024

Dividend

Ex-dividend Jul 4, 2023

HK$0.441

Annual

Record Jul 5, 2023 · Payment Aug 11, 2023

6826.HK peers

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