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Shanghai Bio-Heart Biological Technology Co., Ltd. Class H (2185) AI Stock Analysis

HK:2185

Shanghai Bio-Heart Biological Technology Co., Ltd. Class H

(HKEX:2185)

Select Model
Rating:42Neutral
Price Target:HKD 0.97▼(-1.02% Downside)
Action:reiterated
Date:10/28/26

The score is driven down primarily by weak financial performance (ongoing heavy losses and cash burn) and bearish technicals (price below all key moving averages with negative MACD and very weak momentum). Valuation provides limited support because losses make the negative P/E hard to use and there is no dividend yield.

Positive Factors
Low LeverageMinimal leverage gives the company more flexibility to manage its operations and pursue development without the immediate pressure of heavy debt service. This strengthens solvency and preserves financing capacity, although the benefit depends on whether losses and cash burn can eventually be reduced.
Negative Factors
Persistent Cash BurnPersistent negative operating and free cash flow means the business is not currently funding itself through operations. Continued burn can consume available resources, increase reliance on external funding capacity, and constrain investment in product development or commercialization over the next several quarters.

Shanghai Bio-Heart Biological Technology Co., Ltd. Class H (2185) vs. iShares MSCI Hong Kong ETF (EWH)

-100%-80%-60%-40%-20%0%20%HK:2185-88.77%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 219.20M
Dividend Yield
―
Average Volume (3M)
120.90K
Price to Earnings (P/E)
-2.5
Beta (1Y)
2.19
Revenue Growth
90.73%
EPS Growth
12.93%
Country
Hong Kong
Employees
63
Sector
Healthcare
Sector Strength
51
Industry
Medical - Devices

Shanghai Bio-Heart Biological Technology Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Based in the People's Republic of China, Shanghai Bio-heart Biological Technology Co., Ltd. is a medical technology firm specializing in interventional cardiovascular devices. Its core business revolves around delivering bioresorbable scaffolds (BRS)...

Shanghai Bio-Heart Biological Technology Co., Ltd. Class H Financial Statement Overview

Summary

Financials remain weak overall: despite a 2025 revenue rebound, profitability is deeply negative (loss-making with negative gross profit and large operating losses) and cash flow is persistently negative with ongoing free-cash-flow burn. The main support is a low-debt balance sheet, but continued losses are eroding equity over time.

Income Statement

12Very Negative

Balance Sheet

68Positive

Cash Flow

17Very Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue37.85M43.77M0000
Gross Profit-868.26K-157.81K0-23.60M-24.25M-13.27M
EBITDA-66.12M-52.13M-52.87M-143.27M-229.43M-396.42M
Net Income-74.33M-68.24M-87.94M-175.89M-204.24M-361.45M
Balance Sheet
Total Assets790.68M832.83M733.78M817.90M981.52M1.11B
Cash, Cash Equivalents and Short-Term Investments237.83M248.63M202.39M369.44M451.32M708.53M
Total Debt180.43M12.73M8.28M1.76M18.11M22.45M
Total Liabilities211.92M220.47M53.24M44.04M66.47M80.04M
Stockholders Equity402.08M435.00M660.47M748.41M883.21M995.69M
Cash Flow
Free Cash Flow-78.90M-72.91M-166.69M-66.74M-170.65M-147.28M
Operating Cash Flow-69.25M-65.48M-119.55M-49.03M-140.62M-105.45M
Investing Cash Flow-24.53M-39.78M-46.03M-28.86M-100.69M-33.73M
Financing Cash Flow224.31K-1.74M-2.44M-5.82M-35.18M383.68M

Shanghai Bio-Heart Biological Technology Co., Ltd. Class H Technical Analysis

Technical Analysis SentimentNegative
Last Price0.98

Price Trends

50DMA1.52Negative
100DMA2.00Negative
200DMA3.33Negative

Market Momentum

MACD-0.16Positive
RSI17.37Positive
STOCH4.19Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2185, the sentiment is Negative. The current price of 0.98 is below the 20-day moving average (MA) of 1.19, below the 50-day MA of 1.52, and below the 200-day MA of 3.33, indicating a bearish trend. The MACD of -0.16 indicates Positive momentum. The RSI at 17.37 is Positive, neither overbought nor oversold. The STOCH value of 4.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2185.

Shanghai Bio-Heart Biological Technology Co., Ltd. Class H Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

HK:2185 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:2315HK:231569NeutralHKD 17.02B38.1615.94%―48.04%166.72%
HK:2181HK:218157NeutralHKD 1.79B17.7648.25%―88.38%―
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%
HK:2171HK:217145NeutralHKD 6.32B-56.08-9.45%―68.12%81.84%
HK:2496HK:249643NeutralHKD 1.05B-13.8485.52%―-55.22%57.76%
HK:2898HK:289842NeutralHKD 970.43M-8.74-39.21%―――
HK:2185HK:218542NeutralHKD 226.38M-2.54-17.76%―90.73%12.93%

* Healthcare Sector Average

Performance Comparison

0%100%HK:2185HK:2171HK:2181HK:2315HK:2496HK:2898Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:2185 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:2185Shanghai Bio-Heart Biological Technology Co., Ltd. Class H0.93-7.77-89.31%
HK:2171CARsgen Therapeutics Holdings Ltd.10.63-6.92-39.43%
HK:2181Mabpharm Limited0.43-0.09-16.35%
HK:2315Biocytogen Pharmaceuticals (Beijing) Co. Ltd. Class H38.309.0630.98%
HK:2496Wuhan YZY Biopharma Co., Ltd. Class H4.00-3.01-42.94%
HK:2898Sunho Biologics,Inc.6.39-1.61-20.13%

Shanghai Bio-Heart Biological Technology Co., Ltd. Class H Corporate Events

Shanghai Bio-heart Switches to CASBE and Proposes New Auditor

Oct 22, 2026

Shanghai Bio-heart Biological Technology’s board has approved the adoption of China Accounting Standards for Business Enterprises (CASBE) as the sole basis for preparing its financial reports, eliminating the parallel use of International Finan...

Shanghai Bio-heart Shareholders Back New Independent Director in 2026 EGM

Oct 9, 2026

Shanghai Bio-heart Biological Technology Co., Ltd., a Hong Kong-listed PRC biotechnology company, focuses on cardiovascular-related medical technology and operates from Shanghai’s Zhangjiang Hi-Tech Park. Its capital structure features H shares...

Shanghai Bio-Heart Sets Board and Committee Structure to Strengthen Governance

Oct 9, 2026

Shanghai Bio-Heart Biological Technology Co., Ltd., a Hong Kong-listed biotech company, has outlined the composition of its board of directors, comprising three executive directors and three independent non-executive directors. The board includes Phi...

Shanghai Bio-Heart Calls 2026 EGM to Appoint New Independent Director

Sep 23, 2026

Shanghai Bio-Heart Biological Technology Co., Ltd. has called its first extraordinary general meeting of 2026 for October 9 in Shanghai to seek shareholder approval for appointing Ms. Qianwen Fei as an independent non-executive director, with her ter...

Shanghai Bio-heart Says Director’s Regulatory Warning Won’t Hit Operations

Sep 16, 2026

Shanghai Bio-heart Biological Technology Co., Ltd. has disclosed that independent non-executive director Mr. Chen Yiqing received a formal warning letter from the Tianjin Securities Regulatory Bureau related to his former role at Zhongyuan Concord Ce...

Shanghai Bio-heart Strikes Strategic Pact to Commercialise Bioabsorbable Coronary Stent

Sep 14, 2026

Shanghai Bio-heart Biological Technology Co., Ltd. has signed a strategic cooperation agreement with Shanghai Shenqi Medical Technology Co., Ltd. to jointly advance the commercialisation and clinical application of its BioHeart bioabsorbable rapamyci...

AngioCare hires renal denervation veteran to drive global Iberis therapy push

Sep 7, 2026

Shanghai Bio-heart’s subsidiary AngioCare has appointed veteran cardiovascular and metabolic disease specialist Giorgio Gobbi as Vice President, Global Therapy Development, to lead global therapy development for the Iberis Renal Denervation Sys...

Shanghai Bio-Heart Sets October EGM to Strengthen Board Independence

Sep 4, 2026

Shanghai Bio-Heart Biological Technology Co., Ltd., a Hong Kong-listed PRC biotech firm focused on medical technology, operates through a Class H share structure and is governed by a board led by chairman and executive director Philip Li Wang. Its bl...

Shanghai Bio-Heart Narrows Market Path With New Stent Approval Amid Wider Interim Loss

Aug 26, 2026

Shanghai Bio-Heart Biological Technology Co., Ltd., a Chinese cardiovascular device maker, develops and commercializes interventional products such as bioabsorbable drug-eluting stents and the Iberis system for ischemic heart disease. The company has...

Shanghai Bio-Heart reshapes board as independent director exits

Aug 26, 2026

Shanghai Bio-Heart Biological Technology has announced the resignation of independent non-executive director Yiqing Chen, who is stepping down to focus on other business commitments but will remain in post until shareholders approve a successor. Chen...

Shanghai Bio-heart Sets Board Meeting to Review Interim Results and Possible Dividend

Aug 14, 2026

Shanghai Bio-heart Biological Technology Co., Ltd., a Hong Kong-listed Chinese biotech firm under stock code 2185, operates in the biological and medical technology industry with a focus on innovative healthcare products and services in China and bey...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026