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Shanghai Henlius Biotech, Inc. (2696.HK)

HKD63.50 +3.50 (+5.83%)
CN HKSE Healthcare Biotechnology
Address Innov Tower (Capitaland Building) 200233
Shanghai, CN
CEO Jun Zhu
IPO 2019-09-25
ISIN CNE100003N76

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Description

Shanghai Henlius Biotech, Inc. functions as a biopharmaceutical enterprise, dedicated to the research and advancement of biologic medicines, with a primary focus on cancer, autoimmune conditions, and ophthalmic disorders. Its commercial portfolio encompasses several approved biologic treatments. Specifically, it markets HANLIKANG, a rituximab injection utilized for non-Hodgkin lymphoma, chronic lymphocytic leukemia, and rheumatoid arthritis; HANQUYOU, a trastuzumab injection indicated for breast and metastatic gastric cancer; HANDAYUAN, an adalimumab injection for rheumatoid arthritis, ankylosing spondylitis, plaque psoriasis, and uveitis; HANBEITAI, a bevacizumab injection with indications in metastatic colorectal cancer (mCRC) and non-squamous non-small cell lung cancer (nsNSCLC); and HANSIZHUANG, a serplulimab injection for microsatellite instability-high solid tumors. In addition to its marketed products, Shanghai Henlius is actively progressing its robust development pipeline, which includes Serplulimab, undergoing further development for applications such as squamous non-small cell lung cancer (sqNSCLC), extensive small-cell lung cancer, metastatic esophageal squamous-cell carcinomas, neo-/adjuvant treatment of gastric cancer, hepatocellular carcinoma, mCRC, nsNSCLC, squamous cell carcinoma of the head and neck (SCCHN), and a range of other solid tumor types. Among its other investigational compounds are HLX04-O, a bevacizumab injection aimed at wet age-related macular degeneration; HLX22 for breast and metastatic gastric cancer; a group of therapies—HLX07, HLX23, HLX35, HLX208, HLX55, HLX301, and HLX20—collectively aimed at solid tumors; HLX11 for breast cancer; HLX05, a cetuximab injection for mCRC and SCCHN; HLX12, addressing gastric cancer, metastatic non-small cell lung cancer, and mCRC; and HLX14, designed to treat osteoporosis. Further expanding its pipeline, HLX26 is being developed for solid tumors and lymphoma; HLX13 is under investigation for melanoma, renal cell carcinoma, and mCRC; HLX15 for multiple myeloma; and HLX71, with potential for treating COVID-19. The firm conducts its operations across Mainland China, Europe, the broader Asia-Pacific region, and various other international territories. Founded in 2010, its headquarters are situated in Shanghai, China. Shanghai Henlius Biotech, Inc. operates as a subsidiary of Shanghai Fosun Pharmaceutical (Group) 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
HKD63.50 +3.50 (+5.83%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.51
Float Shares
163.43M
Free Float %
30.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+8.21% -3.52% -8.91% +2.16% -0.80% +20.07% +46.84% +540.19% +63.88% +38.52% +38.52%
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
63.50
DCF (Unlevered) 92.51 +45.7%

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) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 +1
Buy 8 -1
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.65
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    +16.5% Q4'25: +29.2% (vs Q4'24)
  • EPS growth Biotechnology: +29.7%
    -2.7% Q4'25: +0.0% (vs Q4'24)
  • FCF margin FCF growth · Biotechnology: +16.2%
    +9.1% Q4'25: +0.0% (vs Q4'24)
  • EBIT margin Biotechnology: +0.0%
    +12.3% Q4'25: +9.9% (vs Q4'24)
  • ROIC Biotechnology: -16.1%
    +12.0% Q4'25: +11.2% (vs Q4'24)
  • Share dilution Biotechnology: -3.4%
    +0.5% Q4'25: +0.9% (vs Q4'24)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    3.09× Q4'25: 3.32× (vs Q4'24)
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 (0.52) × ERP
WACC = 90% × Ke + 10% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 93.03 Current price: 63.50
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 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
8 Rev. Ana.
6 EPS Ana.
Dec 2027
8 Rev. Ana.
6 EPS Ana.
Dec 2028
7 Rev. Ana.
4 EPS Ana.
Dec 2029
3 Rev. Ana.
2 EPS Ana.
Revenue
90.93M
est: 111.81M (-18.7%)
587.59M
est: 669.54M (-12.2%)
1.68B
est: 1.75B (-3.6%)
3.21B
est: 3.11B (+3.4%)
5.39B
est: 5.25B (+2.8%)
5.72B
est: 5.71B (+0.3%)
6.67B
est: 5.95B (+12.0%)
8.16B
7.10B – 10.76B
+37.1% YoY
8.26B
7.19B – 9.68B
+1.3% YoY
9.81B
8.54B – 12.23B
+18.8% YoY
12.91B
11.24B – 16.08B
+31.6% YoY
EBITDA
-744.00M
est: -25.20M (-2,852.9%)
-814.06M
est: -3.76B (+78.4%)
-671.74M
est: -9.10B (+92.6%)
-310.61M
est: -15.72B (+98.0%)
911.33M
est: 3.06B (-70.3%)
1.15B
est: -97.21B (+101.2%)
1.16B
est: 3.48B (-66.5%)
4.76B
4.15B – 6.28B
+37.1% YoY
4.82B
4.20B – 5.65B
+1.3% YoY
5.73B
4.99B – 7.14B
+18.8% YoY
7.54B
6.56B – 9.39B
+31.6% YoY
EBIT
-826.50M
est: -32.04M (-2,479.7%)
-949.84M
est: -3.70B (+74.3%)
-871.92M
est: -8.95B (+90.3%)
-588.22M
est: -15.46B (+96.2%)
631.70M
est: 2.99B (-78.9%)
866.50M
est: -95.58B (+100.9%)
817.12M
est: 3.40B (-75.9%)
4.65B
4.05B – 6.14B
+37.1% YoY
4.71B
4.10B – 5.52B
+1.3% YoY
5.60B
4.87B – 6.97B
+18.8% YoY
7.36B
6.41B – 9.18B
+31.6% YoY
Net Income
-875.47M
est: -727.19M (-20.4%)
-993.54M
est: -3.92B (+74.6%)
-984.05M
est: -9.48B (+89.6%)
-695.26M
est: -203.18M (-242.2%)
546.02M
est: 644.01M (-15.2%)
820.47M
est: 751.92M (+9.1%)
805.64M
est: 742.85M (+8.5%)
873.54M
753.49M – 2.97B
+17.6% YoY
844.54M
321.23M – 1.39B
-3.3% YoY
1.07B
802.10M – 1.58B
+27.1% YoY
— – —
-100.0% YoY
SGA
220.52M
est: 54.81M (+302.3%)
436.29M
est: 328.22M (+32.9%)
800.87M
est: 855.86M (-6.4%)
1.40B
est: 1.52B (-7.9%)
2.14B
est: 2.21B (-3.3%)
2.29B
est: 2.40B (-4.8%)
2.65B
est: 2.51B (+5.8%)
3.44B
2.99B – 4.53B
+37.1% YoY
3.48B
3.03B – 4.08B
+1.3% YoY
4.13B
3.60B – 5.15B
+18.8% YoY
5.44B
4.73B – 6.78B
+31.6% YoY
EPS
-1.76
est: -1.34 (-31.5%)
-1.88
est: -1.62 (-16.1%)
-1.83
est: -1.20 (-52.1%)
-1.28
est: -1.04 (-23.2%)
1.01
est: 1.18 (-14.8%)
1.51
est: 1.08 (+39.9%)
1.48
est: 1.61 (-8.0%)
2.21
1.38 – 5.44
+37.1% YoY
1.71
0.59 – 2.55
-22.5% YoY
2.19
1.47 – 2.90
+28.2% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-28 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-27 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-26 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-22 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-21 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-20 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 B- 3/5 1/5 5/5 5/5 1/5 2/5 1/5
2026-04-28 B- 3/5 1/5 5/5 5/5 1/5 2/5 1/5
2026-04-27 B- 3/5 1/5 5/5 5/5 1/5 2/5 1/5
2026-04-24 B- 3/5 1/5 5/5 5/5 1/5 2/5 1/5
2026-04-23 B- 3/5 1/5 5/5 5/5 1/5 2/5 1/5
2026-04-22 B- 3/5 1/5 5/5 5/5 1/5 2/5 1/5
2026-04-21 B- 3/5 1/5 5/5 5/5 1/5 2/5 1/5
2026-04-20 B- 3/5 1/5 5/5 5/5 1/5 2/5 1/5
2026-04-17 B- 3/5 1/5 5/5 5/5 1/5 2/5 1/5
2026-04-16 B- 3/5 1/5 5/5 5/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.04B
OE per share TTM
1.90
Owner's Yield
2.73%
Maintenance CapEx ratio
11.38%
Maint CapEx / Avg PPE
60.5%

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 17 ETFs in our universe

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
232.5K
Shares Outstanding
543.49M

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
Jun Zhu Chief Executive Officer & Executive Director 13M male
Shi-Kau Liu Co-founder & Head of Strategy Advisory Committee 7M
Junhua Li Senior Vice President & Chief Human Resources Officer female
Miaojie Chen Vice President of Legal & Compliance female
Ping Cao Senior VP & Chief Business Development Officer female
Wallis Zeng Vice President of Sales & Oncology Business Unit male
Wei Huang President female
Wei-Dong Jiang Co-Founder & Co-Head of Innovative Advisory Committee
Xinjun Guo Senior Vice President male
Yan Wang GM of Public Relations, Joint Company Secretary & Board Secretary female
Yingbo Mao Vice President & Chief Financial Officer male
Huang Wei President 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 history

Earnings history

Earnings reports

Stock splits