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Shenzhen Hepalink Pharmaceutical Group Co., Ltd. (002399.SZ)

CNY10.11 +0.25 (+2.54%)
CN SHZ Healthcare Drug Manufacturers - Specialty & Generic
Address No. 21 Langshan Road 518057
Shenzhen, CN
CEO Li Li
IPO 2010-05-06
ISIN CNE100000P02

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Also trades on Hong Kong Stock Exchange · 9989.HK (HKD) Other OTC · SHEZF (USD) Shenzhen Stock Exchange · 002399.SZ (CNY)
Description

Shenzhen Hepalink Pharmaceutical Group Co., Ltd. is an international pharmaceutical enterprise specializing in the production and commercialization of medicinal products. Its operations span Hong Kong, the United States, Europe, Mainland China, and numerous other global markets. The company's business activities are structured into four primary segments: Finished Dose Pharmaceutical Products, Active Pharmaceutical Ingredients (API), Contract Development and Manufacturing Organization (CDMO), and an 'Others' category. Within its product portfolio, key offerings include finished dose pharmaceuticals, notably enoxaparin sodium injection. Its API division supplies critical ingredients such as heparin sodium API and enoxaparin sodium API, alongside other compounds like pancreatin API. Beyond core products, Hepalink provides a suite of services encompassing research and development, manufacturing, quality management, and program management. This also extends to the creation and production of recombinant pharmaceutical products, essential non-viral vectors, intermediates for gene therapy, and naturally derived pharmaceutical compounds. The group further diversifies its operations into areas such as property management, investment management and consulting, and equity and venture capital. It also engages in biopharmaceutical technology development and consulting, alongside the research, development, and production of biopharmaceuticals. Additional revenue streams include the production and sale of heparin sodium, various pharmaceutical-related service provisions, and the trading of medical and biopharmaceutical products. Established in 1998, the company is headquartered in Shenzhen, People's Republic of China. It adopted its current name, Shenzhen Hepalink Pharmaceutical Group Co., Ltd., in February 2017, having previously operated as Shenzhen Hepalink Pharmaceutical Co.,Ltd.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY10.11 +0.25 (+2.54%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
0.30
Float Shares
220.02M
Free Float %
17.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.16% -3.21% -7.71% -17.30% -15.83% -15.69% -14.38% -16.40% -39.65% -40.87% -81.84%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
10.11
DCF (Unlevered) 10.99 +8.7%
DCF (Levered) 10.67 +5.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.67
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Drug Manufacturers - Specialty & Generic: +6.8%
    +4.2% Q1'26: -4.5% (vs Q1'25)
  • EPS growth Drug Manufacturers - Specialty & Generic: +16.5%
    -45.5% Q1'26: +18.2% (vs Q1'25)
  • FCF margin FCF growth · Drug Manufacturers - Specialty & Generic: +32.3%
    +21.5% Q1'26: +26.7% (vs Q1'25)
  • EBIT margin Drug Manufacturers - Specialty & Generic: +13.0%
    +8.7% Q1'26: +16.6% (vs Q1'25)
  • ROIC Drug Manufacturers - Specialty & Generic: +6.5%
    +3.6% Q1'26: +6.9% (vs Q1'25)
  • Share dilution Drug Manufacturers - Specialty & Generic: +0.0%
    -0.2% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Drug Manufacturers - Specialty & Generic: -0.10×
    2.49× Q1'26: 3.16× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.36) × ERP
WACC = 87% × Ke + 13% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 11.07 Current price: 10.11
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
2.29B
est: 3.53B (-35.1%)
2.26B
est: 4.12B (-45.2%)
4.81B
est: 4.81B (+0.1%)
4.62B
est: 4.79B (-3.5%)
5.33B
est: 5.42B (-1.6%)
6.32B
est.
6.37B
est: 7.29B (-12.7%)
5.43B
est: 5.08B (+6.9%)
7.16B
est: 5.08B (+41.0%)
5.26B
est: 5.21B (+0.9%)
5.48B
est: 5.49B (-0.2%)
5.73B
5.73B – 5.73B
+4.4% YoY
6.10B
6.10B – 6.10B
+6.4% YoY
6.46B
6.46B – 6.46B
+6.0% YoY
EBITDA
875.86M
est: 570.39M (+53.6%)
743.43M
est: 665.65M (+11.7%)
1.15B
est: 776.40M (+48.5%)
1.85B
est: 773.57M (+139.0%)
1.88B
est: 874.81M (+114.4%)
1.02B
est.
693.81M
est: 1.18B (-41.1%)
-366.74M
est: 819.93M (-144.7%)
1.36B
est: 819.93M (+66.0%)
1.16B
est: 632.52M (+83.5%)
846.59M
est: 666.33M (+27.1%)
695.63M
695.63M – 695.63M
+4.4% YoY
740.01M
740.01M – 740.01M
+6.4% YoY
784.56M
784.56M – 784.56M
+6.0% YoY
EBIT
777.96M
est: 397.34M (+95.8%)
581.65M
est: 463.70M (+25.4%)
929.65M
est: 540.85M (+71.9%)
1.59B
est: 538.88M (+195.7%)
1.60B
est: 609.40M (+162.8%)
711.17M
est.
423.89M
est: 820.08M (-48.3%)
-689.64M
est: 571.17M (-220.7%)
1.09B
est: 571.17M (+90.3%)
879.72M
est: 359.81M (+144.5%)
473.68M
est: 379.04M (+25.0%)
395.71M
395.71M – 395.71M
+4.4% YoY
420.95M
420.95M – 420.95M
+6.4% YoY
446.30M
446.30M – 446.30M
+6.0% YoY
Net Income
579.78M
est: 733.65M (-21.0%)
396.89M
est: 944.57M (-58.0%)
591.46M
est: 733.65M (-19.4%)
1.06B
est: 1.27B (-16.8%)
1.02B
est: 943.96M (+8.5%)
579.58M
est.
240.79M
est: 855.92M (-71.9%)
-783.26M
est: -212.76M (-268.1%)
727.43M
est: -212.76M (+441.9%)
646.74M
est: 652.90M (-0.9%)
349.49M
est: 352.13M (-0.8%)
711.59M
711.59M – 711.59M
+102.1% YoY
799.62M
799.62M – 799.62M
+12.4% YoY
872.98M
872.98M – 872.98M
+9.2% YoY
SGA
376.75M
est: 592.81M (-36.4%)
431.76M
est: 691.80M (-37.6%)
666.78M
est: 806.91M (-17.4%)
764.26M
est: 803.96M (-4.9%)
821.65M
est: 909.18M (-9.6%)
1.06B
est.
850.68M
est: 1.22B (-30.5%)
1.19B
est: 852.15M (+39.9%)
975.69M
est: 852.15M (+14.5%)
1.03B
est: 804.85M (+27.7%)
478.17M
est: 847.86M (-43.6%)
885.14M
885.14M – 885.14M
+4.4% YoY
941.61M
941.61M – 941.61M
+6.4% YoY
998.30M
998.30M – 998.30M
+6.0% YoY
EPS
0.46
est: 0.50 (-8.0%)
0.32
est: 0.64 (-50.3%)
0.47
est: 0.50 (-6.0%)
0.85
est: 0.87 (-2.1%)
0.76
est: 0.64 (+18.1%)
0.40
est.
0.16
est: 0.58 (-72.6%)
-0.53
est: -0.15 (-265.5%)
0.50
est: -0.15 (+444.8%)
0.44
est: 0.45 (-1.1%)
0.24
est: 0.24 (+0.0%)
0.49
0.49 – 0.49
+102.1% YoY
0.55
0.55 – 0.55
+12.4% YoY
0.60
0.60 – 0.60
+9.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-28 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-27 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-26 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-25 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-22 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-21 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-20 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-19 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-18 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-15 B 3/5 3/5 3/5 4/5 2/5 1/5 4/5
2026-05-14 B 3/5 3/5 3/5 4/5 2/5 1/5 4/5
2026-05-13 B 3/5 3/5 3/5 4/5 2/5 1/5 4/5
2026-05-12 B 3/5 3/5 3/5 4/5 2/5 1/5 4/5
2026-05-11 B 3/5 3/5 3/5 4/5 2/5 1/5 4/5
2026-05-08 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-05-07 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-05-06 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-04-30 B 3/5 4/5 2/5 4/5 2/5 1/5 4/5
2026-04-29 B 3/5 4/5 2/5 4/5 2/5 1/5 4/5
2026-04-28 B 3/5 4/5 2/5 4/5 2/5 1/5 4/5
2026-04-27 B 3/5 4/5 2/5 4/5 2/5 1/5 4/5
2026-04-24 B 3/5 4/5 2/5 4/5 2/5 1/5 4/5
2026-04-23 B 3/5 4/5 2/5 4/5 2/5 1/5 4/5
2026-04-22 B 3/5 4/5 2/5 4/5 2/5 1/5 4/5
2026-04-21 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-04-20 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-04-17 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-04-16 B 3/5 4/5 2/5 4/5 2/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.57B
OE per share TTM
1.07
Owner's Yield
10.79%
Maintenance CapEx ratio
26.48%
Maint CapEx / Avg PPE
45.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 24 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P China ETF GXC 0.02% 82.5K 0.59%
2 Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF EMCR 0.00% 2.5K 0.15%
3 State Street SPDR Portfolio Emerging Markets ETF SPEM 0.00% 475.5K 0.07%
4 Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating VFEA.L 0.00% 46.5K 0.17%
5 Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L 0.00% 46.5K 0.17%
6 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 20.1K 0.26%
7 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 8.9K 0.48%
8 Vanguard FTSE Emerging Markets ETF VWO 0.00% 994.4K 0.06%
9 Invesco FTSE All-World UCITS ETF FWRA.SW 0.00% 22.9K 0.15%
10 Invesco FTSE All-World UCITS ETF FTWG.L 0.00% 22.9K 0.15%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
245.9K
Shares Outstanding
1.25B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ping Zhang Executive Director 5M male
Li Li Co-Founder, Executive Chairman of the Board & President 3M male
Yu Shan Co-Founder, GM, Group Vice President & Executive Director 3M male
Tan Li Co-founder, VP, Deputy GM & Executive Director 2M female
Xi Gao Senior Vice President of Global Supply Chain male
Sze Ting Chan Joint Company Secretary female
Juan Chen Vice President of Finance, Chief Financial Officer & Financial Controller female
Fengqi Qian Company Secretary male
Tao Han Chief Business Officer female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits