Want to see HK:9989 full AI Analyst Report?
Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H (9989) Stock Price & Analysis
9989 Stock Chart & Stats
- Day’s Range
- HKD 3.87 - HKD 4.00
- 52-Week Range
- HKD 3.74 - HKD 5.77
- Previous Close
- HKD 3.94
- Volume
- N/A
- Average Volume (3M)
- 492.33K
- Market Cap
- HKD 14.42B
- Enterprise Value
- HKD 4.32B
- Total Cash (Recent Filing)
- HKD 4.27B
- Total Debt (Recent Filing)
- HKD 2.86B
- Price to Earnings (P/E)
- 187.1
- Beta
- 0.73
- Next Earnings
- Apr 01, 2027 (Est.)
- EPS Estimate
- 0.12
- Last Dividend Ex-Date
- May 27, 2026
- Dividend Yield
- 4.16%
Bulls Say, Bears Say
Bulls Say
Cash Generation
Strong positive operating and free cash flow in 2024–TTM, with TTM FCF up 17.5% and conversion near 0.95x net income, indicates recent earnings are supported by cash. That provides capacity to fund operations and investments without relying entirely on external capital.
Balance Sheet
Debt-to-equity of about 0.18–0.25 in 2024–TTM, down from roughly 0.50+ in 2021–2022, and equity around HK$12B indicate a comparatively solid capital base. Lower leverage should preserve financial flexibility as the company manages uneven profitability.
Profitability Recovery
After negative margins in 2023, the company returned to positive earnings in 2024, 2025 and TTM. This recovery confirms the business has regained profitability, creating a foundation for improvement if revenue stabilizes and operating performance strengthens.
Bears Say
Revenue Contraction
TTM revenue declined about 3.0%, showing that recent business activity is not expanding despite the return to profitability. Continued contraction could limit operating leverage, reduce resources available for development, and make future earnings more dependent on cost control.
Margin Compression
TTM net margin fell to about 3.7% from 6.4% in 2025 and 12.2% in 2024, while ROE was only about 1.6%. This weaker profitability reduces the earnings buffer, limits internally funded growth, and indicates capital is currently producing modest returns.
Cash Flow Volatility
Cash flow was negative in 2021–2022 and weak in 2023 before improving in 2024–TTM. This multi-year volatility makes cash generation less dependable across cycles, potentially complicating investment planning and reducing confidence that recent strength will persist.
Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H News
Shenzhen Hepalink reshuffles Hong Kong company secretary and process agent roles
Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H ( ($HK:9989) ) has shared an announcement. Shenzhen Hepalink Pharmaceutical Group Co., Ltd. has announced changes to its corporate governance roles, with
Hepalink Shareholders Back Higher Wealth Management and Bank Credit Limits at 2026 EGM
An announcement from Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H ( ($HK:9989) ) is now available. Shenzhen Hepalink Pharmaceutical Group Co., Ltd. reported that shareholders approved all resolutions at
Shenzhen Hepalink Sets Final 2025 Dividend and Details Withholding Tax Rules
Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H ( ($HK:9989) ) has provided an announcement. Shenzhen Hepalink Pharmaceutical Group Co., Ltd., a Hong Kong-listed Chinese pharmaceutical manufacturer known for heparin
9989 FAQ
What was Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H’s price range in the past 12 months?
What is Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H’s market cap?
When is Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H’s upcoming earnings report date?
How were Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H’s earnings last quarter?
Is Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H overvalued?
Does Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H pay dividends?
What is Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H’s EPS estimate?
How many shares outstanding does Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H have?
What happened to Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H?
What is the TipRanks Smart Score and how is it calculated?
Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H Stock Smart Score
Company Description
Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H
Shenzhen Hepalink Pharmaceutical Group Co., Ltd., founded in 1998 and headquartered in Shenzhen, People's Republic of China, operates as an international pharmaceutical company. It is involved in the development, production, and distribution of a wide array of pharmaceutical goods, serving markets in Hong Kong, the United States, Europe, Mainland China, and other global regions. The company's operations are structured across four primary divisions. One key area is Finished Dose Pharmaceutical Products, prominently featuring enoxaparin sodium injection. Another significant segment focuses on Active Pharmaceutical Ingredients (API), supplying essential components like heparin sodium API, enoxaparin sodium API, and other specialized products such as pancreatin API. Hepalink also provides comprehensive services through its Contract Development and Manufacturing Organization (CDMO) arm, which encompasses research and development, manufacturing, quality assurance, and program management. Within its CDMO capabilities, the company is actively involved in creating advanced biopharmaceutical products, including recombinant pharmaceuticals, critical non-viral vectors, gene therapy intermediates, and naturally derived pharmaceutical substances. Beyond its core pharmaceutical activities, Hepalink diversifies its business interests through property management, investment management and advisory services, biopharmaceutical technology development and consulting, and equity and venture capital investments. The company also conducts research, development, and production of biopharmaceuticals, trades medical and biopharmaceutical products, and offers various pharmaceutical-related services. The company officially changed its name from Shenzhen Hepalink Pharmaceutical Co., Ltd. to Shenzhen Hepalink Pharmaceutical Group Co., Ltd. in February 2017.
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- CEO
- Li Li
- Employees
- 2,150
- Website
- www.hepalink.com
- Address
- No. 21 Langshan Road, Shenzhen, GD, 518057, CN
Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H (9989) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 9 | 5 | 8 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 6 | 0 | 6 |








