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Shanghai Henlius Biotech (2696) investor relations material
Shanghai Henlius Biotech H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
2026 H1 revenue reached RMB 3.59B, up 27.3% year-over-year, driven by drug sales, R&D services, and licensing income.
Net profit for 2026 H1 was RMB 430.4M, a 10.3% increase year-over-year; non-IFRS profit at RMB 572.3M and EBITDA at RMB 904.1M.
Over 1,100,000 patients benefited globally; 10 products (41 indications) approved in 60+ countries/regions.
Major product launches and regulatory milestones achieved in China, US, EU, Korea, and other regions, including HANSIZHUANG and HLX11.
Financial highlights
Gross profit for 2026 H1 was RMB 2.77B, up 25.9% year-over-year.
Ex-China/overseas product revenue surged 159.4% year-over-year to RMB 110M; overseas profit grew over fourfold.
R&D expenditure increased 45.8% year-over-year to RMB 1.45B, supporting innovation and pipeline expansion.
Cash and bank balances at RMB 818.4M as of June 30, 2026; operating cash inflow was RMB 559M.
BD and other revenue grew 167.3% year-over-year to RMB 702M.
Outlook and guidance
More than 10 new products expected to launch globally in the next few years, driven by a robust biosimilar and innovative pipeline.
Plans to submit BLAs for HANSIZHUANG and HANBEITAI in the US and EU in 2026.
Continued focus on international expansion, with strategic partnerships and in-licensing to maximize commercial synergies.
Multiple IND applications and clinical milestones expected for innovative assets in H2 2026 and 2027.
Focus on leveraging AI in R&D and deepening global market presence.
- Revenue rose 67.8% and profitability returned, led by biosimilar and serplulimab growth.2696
H2 2023 - Strong clinical pipeline, global expansion, and key regulatory milestones drive future growth.2696
44th Annual J.P. Morgan Healthcare Conference - Revenue up 16.5% to RMB6.67B, net profit at RMB827M, global expansion and R&D drive growth.2696
H2 2025 - Revenue up, net loss widened on R&D; HLX02 approved in EU/China, capacity expanded.2696
H1 2020 - Revenue and profit rose 2.7% YoY, driven by global expansion and new product approvals.2696
H1 2025 - Net profit surged 61% to RMB386.3M on strong sales, global expansion, and pipeline progress.2696
H1 2024 - Net profit rose 50% to RMB 820M on 6.1% revenue growth and global expansion.2696
H2 2024
Next Shanghai Henlius Biotech earnings date
Next Shanghai Henlius Biotech earnings date
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