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← CockpitCompetitor Analysis › 6826.HK Shanghai Haohai Biological Technology Co., Ltd. Class HOpen in the cockpit ↗

Shanghai Haohai Biological Technology Co., Ltd. Class H6826.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Health Care›Medical Distributors
Momentum neutral 56
Mkt cap
$926M
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$140,950
20-day average traded
Fwd P/E
7.9×
forward earnings
ROIC−WACC
-5.0 pp
WACC 7.7%
Hurdle
+5 pp
Req g minus delivered
Next earnings
136 days
22 Mar 2027
Close · HKDHK$16.01
1D-0.7%
1W+2.4%
1M+3.3%
3M-1.8%
6M-27.2%
YTD-34.4%
1Y-41.1%
ATR %2.8%
52w lowhigh43.4% off high

What Shanghai Haohai Biological Technology does

Employees: 2,110

Shanghai Haohai Biological Technology at a glance

Size Shanghai Haohai Biological Technology (6826.HK) is a Hong Kong Health Care company (Medical Distributors) with a market value of $926M, the 612th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$16.01 on 6 Nov 2026.

Performance Over six months the shares fell 27.2%, against 0.0% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue fell 4.9% over the last twelve months (peer median +4.7%); the operating margin is -1.9% (peer median 2.3%).

Valuation It trades at 7.9× forward earnings against a peer median of 15.3× (cheapest of 10).

Price implies For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +5 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 5.0 points below its cost of capital (7.7% WACC).

Next results Next results expected around 22 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 996826.HK 72
Six months, rebased to 100: Shanghai Haohai Biological Technology against the median of its 20 peers (local-currency closes).

Shanghai Haohai Biological Technology financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$2.59BHK$2.67BHK$2.91BHK$2.92BHK$2.46B
Revenue growth—-8%0%+19%—
Gross profitHK$1.81BHK$1.74BHK$1.89BHK$1.92BHK$1.54B
EBITDAn/aHK$494MHK$629MHK$660MHK$433M
Net incomeHK$128MHK$272MHK$456MHK$460MHK$210M
Free cash flowHK$306MHK$497MHK$393MHK$444M-HK$39.6M
Capital expenditureHK$235MHK$203MHK$394MHK$295MHK$369M
Total debtHK$507MHK$444MHK$482MHK$449MHK$133M

Quarterly statements and history in the cockpit →

Shanghai Haohai Biological Technology 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

-20%0%+20%+40%0%+10%+20%ENTERO603368ARJO-BDOCM600713NEU7476600587301584336060062830137027338129RDC605136603716000078315141046826.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Shanghai Haohai Biological Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%20×40×ENTERO603368ARJO-BNEU747660058781296826.HKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shanghai Haohai Biological Technology is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%0%25%50%ENTERO603368ARJO-BNEU60058730158433603013706051360000786826.HKGrowth 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. Shanghai Haohai Biological Technology is the large dot.

Shanghai Haohai Biological Technology competitors and peer comparison

How Shanghai Haohai Biological Technology 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.

Shanghai Haohai Biological Technology against its 20 peers (data as of 6 Nov 2026)
Measure6826.HKPeer medianRank in peer set
1-month return+3.3%+0.3%8th highest of 21
6-month return-27.2%0.0%4th lowest of 21
Distance from 52-week high-43.4%-18.4%4th lowest of 21
Revenue growth (TTM)-4.9%+4.7%4th lowest of 21
Operating margin-1.9%2.3%3rd lowest of 21
Forward P/E7.9×15.3×cheapest of 10
Growth the price implies (Req g, 7 yrs)17.2%-0.4%3rd most demanding of 17
Growth delivered (Del g)+12.4%+5.4%3rd highest of 17
Hurdle (Req g minus delivered)+4.8 pp-6.2 pp4th most demanding of 17
ROIC minus cost of capital-5.0 pp+0.4 pp6th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Shanghai Haohai Biological Technology 6826.HKHong Kong$926M-27%-5%-2%7.9×17.2%+12.4%
Entero Healthcare Solutions ENTERO.NSIndia$875M+50%+32%4%46.5×21.8%+29.9%
Guangxi LiuYao 603368.SSChina$994M+2%+2%5%9.9×-9.5%+6.0%
Arjo ARJO-B.STSweden$1.02B+48%0%8%21.3×-1.3%+3.9%
DocMorris DOCM.SWSwitzerland$1.02B+136%+11%-8%n/an/an/a
Nanjing Pharmaceutical 600713.SSChina$1.03B+1%+3%2%n/an/an/a
Neuca NEU.WAPoland$817M-1%+8%2%15.3×5.0%+8.1%
AS ONE 7476.TJapan$1.08B+15%+10%12%18.2×-1.0%+6.3%
Shinva Medical Instrument 600587.SSChina$1.16B-7%+6%5%14.2×-5.9%+1.2%
Shanghai C and D INNOSTIC Medical Technology 301584.SZChina$1.20B-28%+8%3%n/a-1.3%+17.9%
Ship Healthcare 3360.TJapan$1.34B+4%+7%3%13.8×-14.7%+7.6%
Shanghai New World 600628.SSChina$623M-11%-2%6%n/a0.3%+1.0%
GKHT Medical Technology 301370.SZChina$569M-22%-11%1%n/a14.4%+7.5%
Arata 2733.TJapan$552M-7%+3%1%11.9×-7.1%+3.8%
Toho 8129.TJapan$1.60B-14%+4%1%21.6×-7.4%+5.1%
Redcare Pharmacy RDC.DEGermany$1.63B+52%+19%0%n/an/an/a
Shanghai Lily & Beauty Cosmetics 605136.SSChina$517M-21%+10%0%n/a12.2%-18.1%
Thalys Medical Technology 603716.SSChina$501M-29%-41%-17%n/an/an/a
Shenzhen Neptunus Bioengineering 000078.SZChina$475M-60%-22%-1%n/a59.0%-7.8%
Vital KSK 3151.TJapan$428M+7%+2%1%n/a0.4%+2.6%
Excelsior Medical 4104.TWTaiwan$409M+1%+6%8%n/a2.9%+5.7%

Questions

Which companies are Shanghai Haohai Biological Technology's closest peers?
The cockpit's peer set: Entero Healthcare Solutions (ENTERO.NS), Guangxi LiuYao (603368.SS), Arjo (ARJO-B.ST), DocMorris (DOCM.SW), Nanjing Pharmaceutical (600713.SS), Neuca (NEU.WA), AS ONE (7476.T), Shinva Medical Instrument (600587.SS).
Is Shanghai Haohai Biological Technology expensive compared with its peers?
On forward p/e it trades at 7.9× against a peer median of 15.3×, cheapest of 10 in its peer set. For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +5 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 Shanghai Haohai Biological Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -27.2% against 0.0% for the median peer; over one year -41.1%.

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.