Sanai Health Industry Group Company Limited

Sanai Health Industry Group Company Limited

HHKEX:1889
0.15
HKD
-0.01
(-4.43%)
58.88MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.78
8.04
8.09
3.31
0.65
0.49
0.67
0.99
0.55
1.43
0.84
0.59
0.56
- -
Basic EPS, GAAP
-0.05
-0.64
0.6
-4.99
-11.96
-1.93
0.89
0.05
0.07
0.24
0.15
0.03
-0.14
- -
Free Cash Flow per Basic Share
-3.36
-0.48
-0.31
-6.37
-3.9
-0.1
-0.12
-0.02
-0.32
-0.46
2.5
0.07
-0.36
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
21.87
21.22
20.54
13.72
1.91
0.58
1.47
1.54
1.62
1.92
2.06
2.11
1.95
2.11
Tangible Book Value per Share
20.93
20.36
19.84
12.09
1.84
0.32
1.11
1.2
1.57
1.89
2.04
2.09
1.94
2.09
Basic Weighted Avg Shares
68
68
69
79
96
119
123
123
123
123
128
145
153
145
Sales/Revenue/Turnover
532
550
556
263
63
58
82
121
68
176
108
85
86
- -
Operating Margin (%)
1.97
1.08
4.11
-30.53
-165.64
-37.76
-31.66
13.34
38.04
34.91
17.12
-13.09
-26.37
- -
Depreciation Expense
63
66
75
76
82
17
3
4
4
4
4
3
4
- -
Net Income, GAAP
-4
-44
41
-396
-1,152
-230
109
6
9
29
19
5
-22
- -
Effective Tax Rate (%)
273.5
- -
28.44
- -
- -
- -
- -
30.99
33.82
36.89
43.55
- -
- -
- -
Profit Margin (%)
-0.67
-8.01
7.42
-150.65
-1,841.79
-395.97
133.11
5.29
13.35
16.61
17.29
5.74
-25.66
- -
Working Capital
540
532
594
180
-45
-49
13
152
99
231
256
251
248
251
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
2
2
2
Total Equity
1,495
1,451
1,545
1,238
219
72
188
202
220
256
270
352
324
352
Return on Invested Capital (%)
-0.01
- -
2.68
- -
- -
- -
- -
5.56
7.46
12.97
3.05
- -
- -
- -
Return on Capital (%)
-0.25
- -
2.81
- -
- -
- -
- -
0.69
0.56
8.91
7.6
- -
- -
- -
Return on Common Equity (%)
-0.24
-2.99
2.75
-28.47
-158.03
-158.04
86.63
3.48
4.65
13.14
7.31
1.67
-7.11
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
62
14
40
LT Borrowings
- -
29
2
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
128
153
153
Market Capitalization
187
71
55

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
369
365
366
Cash, Cash Equivalents & STI
333
341
341
Accounts Receivable, Net
23
11
10
Inventories
- -
10
10
Total Current Liabilities
112
87
114
Payables & Accruals
- -
- -
- -
ST Debt
62
14
40
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.36%
10.69%
-7.82%
Free Cash Flow
273.48%
130.78%
-611.56%
Net Income, GAAP
-158.89%
-79.25%
-550.53%
Sales/Revenue/Turnover
1.03%
11.41%
0.8%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
108
2024
- -
- -
85
2025
- -
- -
86

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.15
2024
- -
- -
0.03
2025
- -
- -
-0.14

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Full Time Employees
160
Sector
Health technology
Industry
Pharmaceuticals: major
Address
Nanyang Plaza Hong Kong Hong Kong
IPO Date
Feb 1, 2007
Website
1889hk.com
Business
Sanai Health Industry Group Company Limited is a diversified investment holding group engaged in the development, manufacturing, marketing and sale of pharmaceutical products; provision of finance leasing services; and genetic testing and molecular diagnostic services (discontinued during 2024). The company operates through three principal segments: Pharmaceutical Products, Finance Leasing, and Genetic Testing and Molecular Diagnostic Services, with activities spanning development, manufacturing, distribution, and related software and consulting services. Latest major company changes include: disposal of a subsidiary stake through a 99% equity interest sale in a target company for approximately RMB 18.69 million, announced in November 2025, as part of a strategic portfolio optimization; interim and annual reporting in 2025 reflecting ongoing cost controls and a material decline in profitability in prior years; strategic review leading to potential regrouping of business segments and reassessment of non-core asset holdings; and ongoing legal and regulatory matters related to lease arrangements and court proceedings impacting cash flows. These developments accompany the company’s stated focus on core pharmaceutical product activities while simplifying its non-core financial assets and operational footprint. Additional context: The company is active in the Greater China region, with operations in mainland China and Hong Kong, and maintains relationships with suppliers, distributors, and healthcare providers in these markets. It is listed on the Hong Kong Stock Exchange under the ticker 1889.HK, with headquarters in Hong Kong and principal executive offices in Beijing, China. The group has historically included subsidiaries involved in branded and generic pharmaceutical products, software sales related to pharmaceutical activities, and finance leasing services; a genetic testing and molecular diagnostics division exists in the portfolio, with the latter being discontinued in 2024. The business has undergone reorganizations and asset disposals over the last 1–2 years as part of strategic realignment. Founding year and headquarters: established in the late 1990s (historical listing context indicates formation prior to 2000) with headquarters in Hong Kong, and significant operations in mainland China. Subsidiaries and parent relationships include Beijing Hangyang Health Technology Co., Ltd. as a key subsidiary involved in some holdings and transactions; and Beijing Hangyang Health-related entities referenced in recent disposals. The group has pursued strategic partnerships and asset disposals to streamline operations and focus on core pharmaceutical activities.