Shanghai Haohai Biological Technology Co (FRA:5HB) Operating Income: €21.6 Mil (TTM As of Mar. 2026)

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FRA:5HB Shanghai Haohai Biological Technology Co Ltd FRA:5HB
66 GF Score
Price €1.76
GF Value €2.65
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Shanghai Haohai Biological Technology Co Operating Income?

Shanghai Haohai Biological Technology Co FRA:5HB -0.56% 66 Operating Income is €21.6 Mil as of Mar. 2026. GuruFocus rates FRA:5HB with a GF Score™ of 66/100 and a GF Value™ of €2.65 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Shanghai Haohai Biological Technology Co's Operating Income for the three months ended in Mar. 2026 was €9.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €21.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Shanghai Haohai Biological Technology Co's Operating Income for the three months ended in Mar. 2026 was €9.5 Mil. Shanghai Haohai Biological Technology Co's Revenue for the three months ended in Mar. 2026 was €71.7 Mil. Therefore, Shanghai Haohai Biological Technology Co's Operating Margin % for the quarter that ended in Mar. 2026 was 13.24%.

Good Sign:

Shanghai Haohai Biological Technology Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Shanghai Haohai Biological Technology Co's 5-Year average Growth Rate for Operating Margin % was 8.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Haohai Biological Technology Co's annualized ROC % for the quarter that ended in Mar. 2026 was 5.91%. Shanghai Haohai Biological Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.73%.


Shanghai Haohai Biological Technology Co  (FRA:5HB) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Shanghai Haohai Biological Technology Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=37.984 * ( 1 - 25.55% )/( (473.281 + 483.257)/ 2 )
=28.279088/478.269
=5.91 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=814.819 - 35.731 - ( 305.807 - max(0, 110.905 - 419.872+305.807))
=473.281

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=836.662 - 50.656 - ( 302.749 - max(0, 114.022 - 425.459+302.749))
=483.257

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Shanghai Haohai Biological Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=49.476/( ( (220.252 + max(35.979, 0)) + (209.308 + max(36.007, 0)) )/ 2 )
=49.476/( ( 256.231 + 245.315 )/ 2 )
=49.476/250.773
=19.73 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.86 + 63.399 + 10.055) - (35.731 + 0 + 34.604)
=35.979

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.499 + 67.644 + 15.582) - (50.656 + 0 + 28.062)
=36.007

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Shanghai Haohai Biological Technology Co's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=9.496/71.719
=13.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Shanghai Haohai Biological Technology Co Operating Income Related Terms


Shanghai Haohai Biological Technology Co Operating Income Historical Data

* Premium members only.

The historical data trend for Shanghai Haohai Biological Technology Co's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shanghai Haohai Biological Technology Co Operating Income Chart

Shanghai Haohai Biological Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.62 29.81 56.30 58.53 38.45

Shanghai Haohai Biological Technology Co Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.74 0.00 4.00 8.07 9.50
FRA:5HB
66GF Score
Shanghai Haohai Biological Technology Co Ltd FRA:5HB
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Haohai Biological Technology Co Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €21.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of €21.6 Mil mean?
Shanghai Haohai Biological Technology Co (FRA:5HB) has a Operating Income of €21.6 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Shanghai Haohai Biological Technology Co and its competitors.
Is Shanghai Haohai Biological Technology Co's Operating Income too high?
Shanghai Haohai Biological Technology Co's current Operating Income is €21.6 Mil. Overall, Shanghai Haohai Biological Technology Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Haohai Biological Technology Co's Operating Income compare to VRTX and REGN?
Shanghai Haohai Biological Technology Co's Operating Income of €21.6 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Biotechnology company?
A good Operating Income depends on the Biotechnology industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Shanghai Haohai Biological Technology Co and its competitors. Shanghai Haohai Biological Technology Co's current Operating Income is €21.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Haohai Biological Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Haohai Biological Technology Co (FRA:5HB) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.65, compared to a current price of €1.76 — trading 33.6% below its estimated fair value. The current Operating Income is €21.6 Mil. Shanghai Haohai Biological Technology Co's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Shanghai Haohai Biological Technology Co (FRA:5HB), the current Operating Income is €21.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shanghai Haohai Biological Technology Co (FRA:5HB) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Haohai Biological Technology Co stock appears to be undervalued. The current stock price of €1.76 is trading 33.6% below its estimated GF Value™ of €2.65. GuruFocus considers Shanghai Haohai Biological Technology Co to be Significantly Undervalued.

Key valuation signals for FRA:5HB:

  • Operating Income: €21.6 Mil
  • GF Value™: €2.65 vs. price of €1.76 (33.6% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the FRA:5HB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Haohai Biological Technology Co Business Description

Other Exchanges 06826:Hong Kong688366:China
Address No. 1386 Hongqiao Road, 23rd Floor, WenGuang Plaza, Changning District, Shanghai, CHN
Shanghai Haohai Biological Technology Co Ltd is engaged in the manufacturing and sale of biologicals, medical hyaluronate, and ophthalmology products. The Company's operating activities are related to a single operating segment, which is the manufacture and sale of biologicals, medical hyaluronate, and intraocular lenses, research and development of biological engineering and pharmaceutical products, and the provision of related services. Its products are categorized into four types, comprising ophthalmology, medical aesthetics, orthopedics, and anti-adhesion. Geographically, it has operations in Mainland China, which is the key revenue driver, the United States, the United Kingdom, and other countries.
66GF Score

Get the complete analysis for FRA:5HB

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.76
Price
€2.65
GF Value