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← CockpitCompetitor Analysis › 300289.SZ Beijing Leadman Biochemistry Co., Ltd. Class AOpen in the cockpit ↗

Beijing Leadman Biochemistry Co., Ltd. Class A300289.SZCompetitor analysis, valuation and peers

China · CNY·Health Care›Medical Specialties
Momentum leader 80
Mkt cap
$483M
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$9.86M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-11.1 pp
WACC 7.7%
Hurdle
+42 pp
Req g minus delivered
Close · CNYCN¥5.95
1D-2.3%
1W+0.8%
1M-1.3%
3M+5.1%
6M-11.3%
YTD-14.6%
1Y-25.4%
ATR %4.6%
52w lowhigh42.8% off high

What Beijing Leadman Biochemistry does

Employees: 420

Beijing Leadman Biochemistry at a glance

Size Beijing Leadman Biochemistry (300289.SZ) is a China Health Care company (Medical Specialties) with a market value of $483M, the 3933rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.95 on 6 Nov 2026.

Performance Over six months the shares fell 11.3%, against -13.4% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue fell 5.9% over the last twelve months (peer median +1.7%); the operating margin is -11.6% (peer median 6.3%).

Valuation It trades at 7.5× enterprise value to sales against a peer median of 4.2× (3rd most expensive of 19).

Price implies For today's price to make sense, revenue must grow about 36% a year for seven years (Req g). Recent delivered growth is -7%, so the hurdle is +42 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 11.1 points below its cost of capital (7.7% WACC).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026300289.SZ 89Peer median 87
Six months, rebased to 100: Beijing Leadman Biochemistry against the median of its 20 peers (local-currency closes).

Beijing Leadman Biochemistry financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥312MCN¥324MCN¥360MCN¥450MCN¥693M
Revenue growth—-10%-20%-35%—
Gross profitCN¥100MCN¥116MCN¥131MCN¥199MCN¥235M
EBITDACN¥13.7MCN¥23.8MCN¥22.0MCN¥82.0MCN¥77.7M
Net income-CN¥25.9M-CN¥23.0M-CN¥75.1MCN¥15.3M-CN¥56.3M
Free cash flowCN¥24.2MCN¥17.7MCN¥40.8MCN¥116MCN¥74.1M
Capital expenditureCN¥20.7MCN¥17.6MCN¥29.2MCN¥18.7MCN¥39.1M
Total debtCN¥11.9MCN¥13.4MCN¥14.1MCN¥18.2MCN¥23.0M

Quarterly statements and history in the cockpit →

Beijing Leadman Biochemistry competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%+75%-20%0%+20%MDXGCEVI60330917637979603987002016ANGO300110REG1V6880263015029877RCEL300515468530BWAYDCTH300289.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Beijing Leadman Biochemistry is the large dot.

Fundamentals: revenue growth against valuation

0%+250%+500%+750%+1,000%0×200×400×MDXGCEVI9877468530300289.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Beijing Leadman Biochemistry is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%0%50%100%MDXGCEVI603309603987002016REG1V301502300515BWAYDCTH300289.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Beijing Leadman Biochemistry is the large dot.

Beijing Leadman Biochemistry competitors and peer comparison

How Beijing Leadman Biochemistry compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Beijing Leadman Biochemistry against its 20 peers (data as of 6 Nov 2026)
Measure300289.SZPeer medianRank in peer set
1-month return-1.3%-4.6%8th highest of 21
6-month return-11.3%-13.4%10th highest of 21
Distance from 52-week high-42.8%-32.8%7th lowest of 21
Revenue growth (TTM)-5.9%+1.7%5th lowest of 21
Operating margin-11.6%6.3%5th lowest of 21
EV / Sales7.5×4.2×3rd most expensive of 19
Growth the price implies (Req g, 7 yrs)35.5%10.8%2nd most demanding of 13
Growth delivered (Del g)-6.9%+8.8%2nd lowest of 13
Hurdle (Req g minus delivered)+42.5 pp+6.5 ppmost demanding of 13
ROIC minus cost of capital-11.1 pp-2.5 pp5th lowest of 18
Net debt / EBITDA-66.1×-0.8×least indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Beijing Leadman Biochemistry 300289.SZChina$483M-11%-6%-12%7.5×35.5%-6.9%
MiMedx MDXGUnited States$483M-8%-23%-8%1.2×11.5%+11.0%
CellaVision CEVI.STSweden$485M+68%+2%23%6.0×6.5%+10.0%
WELL LEAD MEDICAL 603309.SSChina$486M-19%+1%15%2.0×-5.6%+7.7%
China Isotope & Radiation 1763.HKHong Kong$478M-38%-5%13%n/an/an/a
Shofu 7979.TJapan$475M+27%+7%14%1.6×n/an/a
Shanghai Kindly Enterprises Development 603987.SSChina$474M-14%0%11%1.6×3.8%-2.8%
Guangdong Shirongzhaoye 002016.SZChina$473M-28%-31%3%4.0×22.2%-11.7%
AngioDynamics ANGOUnited States$493M+5%+8%-6%1.4×n/an/a
Huaren Pharmaceutical 300110.SZChina$472M-16%-3%6%3.5×6.7%+0.3%
Revenio REG1V.HEFinland$494M-22%+16%14%5.5×19.3%+12.4%
Guangzhou Jet Bio-Filtration 688026.SSChina$471M+40%+5%11%5.2×22.1%+2.2%
Jiangsu Huayang Intelligent Equipment 301502.SZChina$470M+35%-5%2%7.1×42.6%+0.4%
Wuhan Easy Diagnosis Biomedicine 002932.SZChina$499M-14%-9%-51%n/an/an/a
Jenscare Scientific 9877.HKHong Kong$463M-32%+993%-106%20.2×n/an/a
Eiken Chemical 4549.TJapan$454M-29%+4%6%1.5×n/an/a
AVITA Medical RCELUnited States$513M+304%+1%-47%7.3×n/an/a
Hunan Sundy Science and Technology 300515.SZChina$453M-13%+10%27%3.7×0.9%+15.6%
PROTEINA 468530.KSSouth Korea$450M-2%-59%-1,178%410.3×n/an/a
Brainsway Ltd Sponsored ADR BWAYUnited States$450M-35%+32%12%6.5×34.3%+18.8%
Delcath Systems DCTHUnited States$518M+30%+36%-2%4.5×10.1%+120.2%

Questions

Which companies are Beijing Leadman Biochemistry's closest peers?
The cockpit's peer set: MiMedx (MDXG), CellaVision (CEVI.ST), WELL LEAD MEDICAL (603309.SS), China Isotope & Radiation (1763.HK), Shofu (7979.T), Shanghai Kindly Enterprises Development (603987.SS), Guangdong Shirongzhaoye (002016.SZ), AngioDynamics (ANGO).
Is Beijing Leadman Biochemistry expensive compared with its peers?
On ev / sales it trades at 7.5× against a peer median of 4.2×, 3rd most expensive of 19 in its peer set. For today's price to make sense, revenue must grow about 36% a year for seven years (Req g). Recent delivered growth is -7%, so the hurdle is +42 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Beijing Leadman Biochemistry stock performed?
Over six months to 6 Nov 2026 the shares returned -11.3% against -13.4% for the median peer; over one year -25.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.