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Jiangsu Hengrui Pharmaceuticals Co.,Ltd 600276.SS

CN · Shanghai Stock Exchange · XSHG · stock · Healthcare · website

Jiangsu Hengrui Pharmaceuticals Co.,Ltd statistics & valuation

Market capCN¥347.6B
P / E45.1×
P / S11.0×
P / B5.7×
P / FCF42.0×
Net margin24.4%
FCF margin26.2%
Net cashCN¥40.9B
Enterprise value USD$44.8B
Earnings yield EBIT/EV2.8%
Return on capital13.5%
Graham number -70.3%CN¥15.97

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥15.97); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
18.40% 18.90% 22.60% 24.40% 2022202320242025
Gross margin (%)
83.60% 84.60% 86.20% 86.20% 2022202320242025
Operating margin (%)
15.70% 20.30% 24.30% 27.20% 2022202320242025
Return on equity (%)
10.30% 10.60% 13.90% 12.60% 2022202320242025
Shares outstanding
6.38B 6.38B 6.38B 6.38B 2022202320242025
Net debt (CN¥)
-CN¥13.75B -CN¥20.67B -CN¥24.71B -CN¥40.88B 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
9.20% 9.80% 12.60% 11.00% 2022202320242025
Free cash flow margin (%)
-3.40% 27.00% 19.50% 26.20% 2022202320242025
Debt / equity (×)
0.04× 0.00× 0.00× 0.00× 2022202320242025
EPS (CN¥)
CN¥0.61 CN¥0.68 CN¥1.00 CN¥1.18 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Jiangsu Hengrui Pharmaceuticals Co.,Ltd trades at about 45.6× earnings — below its 10-year norm (10-year range 44.6×–69.2×, median 55.1×).

44.6× 69.2×

Shaded band = 10-year range (44.6×–69.2×); dot = today's 45.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin86.2%86.2%84.6%83.6%
Operating margin27.2%24.3%20.3%15.7%
Net margin24.4%22.6%18.9%18.4%
FCF margin26.2%19.5%27.0%-3.4%
Return on assets11.0%12.6%9.8%9.2%
Return on equity12.6%13.9%10.6%10.3%
Current ratio8.089.7212.258.50

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.