Shenzhen Hepalink Pharmaceutical Group Co., Ltd.

Shenzhen Hepalink Pharmaceutical Group Co., Ltd.

002399.SZ
Shenzhen Hepalink Pharmaceutical Group Co., Ltd.CN flagShenzhen Stock Exchange
9.43
CNY
-0.22
- -
11.76BMarket Cap
Shenzhen Hepalink Pharmaceutical Group Co., Ltd.
002399.SZ
(Shenzhen Stock Exchange)

Recent

price

9.43

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.23
1.95
1.38
1.18
1.53
1.81
1.8
2.28
3.86
3.71
3.94
4.34
4.88
3.71
3.6
3.73
3.58
Revenue per Share
1.96
0.49
0.49
0.25
0.26
0.46
0.32
0.16
0.47
0.85
0.76
0.16
0.5
-0.53
0.44
0.24
0.28
Basic EPS, GAAP
0.52
1
0.18
0.1
0.58
0.57
-0.01
-0.92
0.08
-0.47
-0.13
-0.14
-0.67
-0.03
1.36
1.08
-0.13
Free Cash Flow per Basic Share
0.01
0.63
0.37
0.38
0.21
0.23
0.43
0.37
0.2
0.27
0.33
0.28
0.17
0.29
0.11
0.29
0.08
Dividend per Share
3.35
1.75
1.8
1.65
1.69
1.98
2.26
2.1
2.59
3.31
3.8
3.49
3.94
3.31
3.75
3.74
3.79
Book Value per Share
12.93
6.15
6.23
6.16
5.37
4.65
4.02
4.05
2.58
3.56
6.54
5.99
6.46
6.25
6.43
6.44
6.46
Tangible Book Value per Share
618
1,276
1,281
1,280
1,280
1,268
1,254
1,247
1,247
1,247
1,353
1,467
1,468
1,467
1,467
1,467
1,468
Basic Weighted Avg Shares
3,853
2,495
1,762
1,513
1,959
2,292
2,261
2,843
4,815
4,625
5,332
6,365
7,159
5,446
5,281
5,479
5,261
Sales/Revenue/Turnover
36.12
22.9
27.89
10.01
12.31
19.63
11.78
10.36
22.47
17.93
21.13
15.15
15.68
11.75
14.06
11.61
11.35
Operating Margin (%)
11
12
17
25
39
98
162
183
223
256
304
303
308
374
331
373
- -
Depreciation Expense
1,210
622
624
317
338
580
397
197
591
1,059
1,024
241
727
-783
647
349
405
Net Income, GAAP
14.69
14.04
15.37
17.3
15.45
17.73
18.7
- -
19.08
20.64
23.06
- -
13.84
- -
13.95
14.82
13.33
Effective Tax Rate (%)
31.39
24.94
35.44
20.97
17.27
25.29
17.55
6.92
12.28
22.91
19.21
3.78
10.16
-14.38
12.25
6.38
7.7
Profit Margin (%)
7,897
7,676
7,576
7,046
6,572
5,561
4,637
2,254
938
1,003
5,516
5,978
6,814
5,618
5,922
5,198
5,359
Working Capital
- -
- -
- -
- -
1,005
1,785
2,095
1,824
2,449
2,442
3,137
2,354
2,407
1,900
1,139
338
569
LT Debt
8,024
7,914
8,045
8,068
8,353
8,793
8,089
7,999
6,276
7,472
11,689
11,523
12,409
11,988
12,202
12,080
12,212
Total Equity
25.08
6.14
5.18
1.54
2.33
3.59
1.86
- -
7.19
5.22
5.53
- -
5.35
- -
3.81
3.49
3.19
Return on Invested Capital (%)
73.69
28.22
17.96
13.81
13.43
15.32
7.96
- -
9.56
13.48
11.29
- -
8.12
- -
8.07
4.74
5.45
Return on Capital (%)
80.22
28.92
27.52
14.38
15.83
24.8
14.86
7.22
20.25
28.81
22.1
4.7
13.35
-14.73
12.49
6.36
7.31
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
2,406
2,564
2,525
LT Borrowings
1,081
980
528
LT Finance Leases
58
49
41
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,467
1,467
1,467
Market Capitalization
15,680
16,305
17,479

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
9,621
9,874
9,514
Cash, Cash Equivalents & STI
2,557
3,102
3,062
Accounts Receivable, Net
1,179
1,382
1,420
Inventories
5,394
4,953
4,670
Total Current Liabilities
3,699
3,874
4,155
Payables & Accruals
- -
- -
- -
ST Debt
2,406
2,564
2,525
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.85%
0.73%
-1%
Free Cash Flow
339.69%
-816.04%
-20.06%
Net Income, GAAP
-11.6%
-62.12%
-45.96%
Sales/Revenue/Turnover
11.37%
1.73%
3.75%
Total Cash Common Dividend
22%
25.93%
169.42%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,373
1,464
1,232
1,212
5,281
2025
1,394
1,423
1,285
- -
5,479
2026
1,331
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
- -
- -
- -
0.44
2025
0.11
- -
- -
- -
0.24
2026
0.13
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.11
2025
0.02
- -
- -
- -
0.29
2026
0.01
- -
- -
- -
- -
Business
Shenzhen Hepalink Pharmaceutical Group Co., Ltd. engages in the research, development, manufacture, and sale of pharmaceutical products primarily focused on heparin and its derivatives. Its core offerings include finished dose pharmaceutical products such as enoxaparin sodium injections, prolongin, inhixa, neoparin, and heparin; active pharmaceutical ingredients (APIs) including heparin sodium API, enoxaparin sodium API, and pancreatin API; as well as molecule biologics contract development and manufacturing organization (CDMO) services encompassing research and development, manufacturing, quality management, program management, and technical support. The company also develops innovative drug candidates including apabetalone (RVX-208), a BET bromodomain protein inhibitor in clinical trials for cardiovascular and metabolic diseases, and monoclonal antibodies such as oregovomab. Founded in 1998 and headquartered in Shenzhen, China, Hepalink operates globally with a focus on markets in China, the United States, Europe, and emerging regions, exporting to over 80 countries. The company maintains a robust production capacity, particularly in enoxaparin sodium finished doses, which supports its leadership in the global anticoagulant market. Recent major developments include a strategic focus on international expansion, leveraging Europe as a regional hub and deepening market penetration in China and the U.S., accompanied by a sales growth of over 30% in finished dose pharmaceuticals for the most recent reporting period. Hepalink has enhanced its production capabilities with new formulation production lines to support internationalization initiatives and increase competitiveness. The company announced governance restructuring proposals in 2025, including the abolition of its Supervisory Committee and the election of an independent non-executive director to improve internal governance. Hepalink continues to invest heavily in research and development, dedicating over 10% of annual revenue toward innovation and recently launching new heparin formulations and biosimilar products. Its strategic partnerships include alliances with leading U.S.-based pharmaceutical firms to expand product offerings and enhance global reach. Hepalink’s operational improvements and cost control efforts have contributed to improved gross margins and operational efficiency. Shenzhen Hepalink’s business segments encompass finished dose pharmaceutical products, APIs, CDMO services, and biopharmaceutical research and production, catering to healthcare providers, pharmaceutical companies, and distributors globally. The company’s products primarily address anticoagulation therapies, particularly heparin and low molecular weight heparins (LMWH), with supplementary focus areas in oncology and orthopedics. It supports global healthcare through stringent quality control that meets international regulatory standards, holding certifications from multiple regulatory bodies. The company also promotes sustainability initiatives aimed at reducing carbon emissions and increasing energy efficiency within its manufacturing processes. Overall, Shenzhen Hepalink Pharmaceutical Group Co., Ltd. stands as a leading global player in the heparin and anticoagulant market, backed by strong R&D capabilities, expansive global distribution, strategic governance updates, and ongoing commitment to innovation and quality manufacturing. It continues to expand its market footprint while enhancing product portfolios and operational excellence to maintain competitive advantage in the pharmaceutical industry.