Hangzhou Biotest Biotech Co., Ltd. Class A

Hangzhou Biotest Biotech Co., Ltd. Class A

SSSE:688767
38.10
CNY
-1.83
(-4.58%)
0.09EPS
338.05P/E
4.85BMarket Cap
Oct 30Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.08
1.63
1.85
7.73
14.99
12.73
2.96
3.8
3.09
3.2
Basic EPS, GAAP
0.04
0.17
0.25
3.89
6.87
5.18
0.71
1.15
0.34
0.1
Free Cash Flow per Basic Share
-0.17
0.08
-0.12
3.47
5.84
3.51
0.5
-0.79
-0.16
- -
Dividend per Share
0.01
0.01
0.01
0.9
0.17
2.14
1.57
0.57
1.1
0.73
Book Value per Share
0.72
0.88
1.13
3.97
14.11
17.15
16.17
16.13
15.87
14.34
Tangible Book Value per Share
0.52
0.69
0.94
3.78
13.97
15.72
14.78
14.29
14.07
12.55
Basic Weighted Avg Shares
113
110
113
112
121
149
149
147
145
147
Sales/Revenue/Turnover
122
180
209
865
1,818
1,901
442
559
448
470
Operating Margin (%)
9.26
15.32
16.82
62.18
54.02
43.14
19.57
27.36
8.01
6.96
Depreciation Expense
3
4
5
5
11
23
29
23
24
- -
Net Income, GAAP
4
19
28
435
834
774
107
170
49
14
Effective Tax Rate (%)
21.54
16.33
13.43
15.43
13.72
14.23
9.13
14.44
5.14
- -
Profit Margin (%)
3.31
10.49
13.52
50.28
45.85
40.69
24.11
30.3
10.99
3
Working Capital
19
30
26
275
1,715
2,064
1,937
1,699
1,504
1,294
LT Debt
- -
- -
12
7
5
2
- -
- -
- -
100
Total Equity
80
98
126
443
2,108
2,562
2,421
2,412
2,371
2,145
Return on Invested Capital (%)
- -
17.59
20.69
131.87
62.76
33.15
4.25
6.85
2.01
- -
Return on Capital (%)
- -
18.14
21.18
140.23
64.4
33
4.33
7.12
2.15
- -
Return on Common Equity (%)
- -
21.11
25
152.39
65.35
33.14
4.28
7.03
2.06
0.62

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
1
LT Borrowings
- -
- -
100
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
149
149
149
Market Capitalization
5,642
4,647
4,855

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,661
1,580
1,446
Cash, Cash Equivalents & STI
1,489
1,404
1,265
Accounts Receivable, Net
89
87
96
Inventories
70
72
70
Total Current Liabilities
158
112
152
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
77.96%
-1.7%
Free Cash Flow
- -
-72.86%
-79.87%
Net Income, GAAP
- -
-2.75%
-70.94%
Sales/Revenue/Turnover
- -
8.91%
-19.91%
Total Cash Common Dividend
- -
270.24%
91.13%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
136
132
122
171
559
2025
88
115
- -
140
448
2026
89
125
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.22
0.12
0.55
1.15
2025
0.06
0.03
- -
0.18
0.34
2026
-0.07
-0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.01
0.57
2025
0.37
0.73
- -
- -
1.1
2026
- -
- -
- -
- -
- -

Company Description

CEO
Shu Jiang Wu
Full Time Employees
613
Sector
Health technology
Industry
Medical specialties
Address
27 Tuyi Road Hangzhou Zhejiang Province China 311100
IPO Date
Sep 8, 2021
Business
Hangzhou Biotest Biotech Co., Ltd. (688767.SS) engages in the research, development, production, and sale of in vitro diagnostic (IVD) reagents and point-of-care testing (POCT) products. Founded in 2008 and headquartered at No. 17 Futai Road, Zhongtai Street, Yuhang District, Hangzhou, China, the company offers a comprehensive portfolio spanning five core categories: infectious disease testing for over 32 pathogens including SARS-CoV-2, HIV, HBV, HCV, syphilis, malaria, dengue, and influenza A+B in strip and cassette formats using specimens such as whole blood, serum, plasma, feces, and nasal aspirate; drug abuse testing covering 51 products like acetaminophen, adulteration, alcohol, amphetamine, barbiturates, benzodiazepines, buprenorphine, cocaine, and cotinine, including hair screening and multi-drug cassettes for urine, hair, and saliva; fertility and women's health testing including FSH, hCG, LH, Chlamydia/Gonorrhea, Rubella, Toxo, HSV, CMV, ToRCH, Vaginosis pH, Strep B, and IGFBP-1; tumor marker testing such as AFP, CEA, FOB, Hb/NOB/TF, PSA, CA15-3, lactoferrin, and ferritin; and cardiac marker testing encompassing NT-proBNP, CRP, D-Dimer, CK-MB, Myoglobin/CK-MB/Troponin I, MYO, cTnI, and H-FABP. These POCT rapid diagnostic reagents leverage colloidal gold/latex/fluorescent particle technologies, immunochromatography, and monoclonal antibodies for high specificity, sensitivity, speed, and cost-effectiveness without requiring specialized equipment, serving hospitals, clinics, judicial systems, CDC centers, blood stations, third-party labs, and private practices. The company also provides veterinary test kits, fluorescence immunoassay rapid test kits, instruments, and is expanding into molecular diagnostics and animal disease platforms. Geographic operations span over 100 countries across Asia, North America, Europe, South America, Africa, and other regions, with products holding NMPA registrations in China, EU CE-IVDR certifications covering 603 items, and US FDA 510(k) clearances for 21 tests. In recent developments, Hangzhou Biotest Biotech listed on the Shanghai Stock Exchange STAR Market in 2021; achieved EU IVDR certification for its first 69 products, primarily in drug abuse testing with extensions to infectious diseases, women's health, and tumor markers, in 2023; earned recognition as a Zhejiang Province Enterprise Technology Center, specialized and innovative enterprise, and manufacturing "cloud enterprise" in 2023; broke ground on new R&D and marketing centers in 2023; secured German PEI No. 1 sensitivity for COVID-19 antigen tests, EU self-testing CE for saliva kits, and US FDA EUA for at-home COVID-19 antigen tests during 2020-2022; and completed the 2015 acquisition of US-based Advin Biotechnology Co., Ltd. to bolster global R&D capabilities in Silicon Valley. The firm maintains 230+ patents (including 16 invention patents), invests 13.4% of staff in technical roles across 85,000 square meters of facilities with 900+ square meters of clean workshops, and continues strategic expansions in automation, biologics, and international certifications.