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2276.HK HKEX Medical Equipment, Supplies & Distribution

Shanghai Conant Optical Co Ltd

HK$43,62
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Mcap
22,0B HKD
P/E
41,6x
EV / Rev
Div yield
0,91 %
Op margin
ROE
Net margin
Debt / equity
Beta
52w range
Volume
Day range
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About

Shanghai Conant Optical Co Ltd designs, develops, and sells optical products and systems for the medical and industrial markets.

Business. Shanghai Conant Optical Co Ltd (2276.HK) is a healthcare services and equipment company operating within the medical equipment, supplies, and distribution industry. The firm is headquartered in Shanghai and is primarily listed on the Hong Kong Stock Exchange. It generates revenue through the sale of medical products, though specific operating segments and geographic breakdowns are not disclosed.

Classification92 %
SectorHealthcare
Business sectorHealthcare Services & Equipment
IndustryMedical Equipment, Supplies & Distribution
ActivityHealthcare Services & Equipment
Generated · model-assisted
Sell-side consensus
BUY11 analysts
11 buy0 hold0 sell
Avg 12m price target68,00

Analyst recommendations

11 analysts · consensus Buy
Buy11
Hold0
Sell0
12-month price target
68,00
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
41,6x
P/E
Analysts
Buy
11 analysts · indicative
Ownership
not yet wired
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2276.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2276.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Shanghai Conant Optical Co Ltd (2276.HK) is a healthcare services and equipment company operating within the medical equipment, supplies, and distribution industry. The firm is headquartered in Shanghai and is primarily listed on the Hong Kong Stock Exchange. It generates revenue through the sale of medical products, though specific operating segments and geographic breakdowns are not disclosed.

    Classification92 %
    SectorHealthcare
    Business sectorHealthcare Services & Equipment
    IndustryMedical Equipment, Supplies & Distribution
    ActivityHealthcare Services & Equipment
    AI synthesis
    GENERATED

    The company has a market capitalization of 23.19 billion CNY, with a current market price of 45.98 CNY per share. The capital structure is undiluted, as the number of basic and diluted shares outstanding is identical at 504.3 million. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.

    Profitability and return metrics are not available in the valuation snapshot, but the company operates in the medical equipment and supplies industry, where key performance indicators include gross margins, R&D investment, and market share in high-growth segments. Analysts have assigned a mean price target of 68.00 CNY, suggesting a potential upside of 47.7% from the current market price.

    The company's geographic and segment exposure is not disclosed in the available data, but the industry is characterized by high concentration in developed markets and a growing demand for diagnostic and therapeutic equipment. Analysts have issued 4 strong-buy and 7 buy recommendations, with no hold or sell ratings, indicating strong near-term confidence in the company's growth prospects.

    The company's growth trajectory is not quantified in the input data, but the industry is expected to benefit from aging populations and increased healthcare spending in Asia-Pacific markets. Analysts project a wide range of price targets, from 50.00 to 88.00 CNY, with a median of 67.50 CNY, suggesting a consensus for significant upside potential.

    Dilution risk is currently low, as the number of basic and diluted shares is the same, and no recent equity issuance or ATM/shelf registration is disclosed in the source documents. However, the absence of balance-sheet data limits the ability to assess credit risk or liquidity pressures.

    Recent events include the publication of analyst price targets and recommendations, with a mean recommendation score of 1.64, indicating a strong buy consensus. No recent filings or earnings transcripts are available in the input data to provide further insight into the company's operational performance or strategic direction.

    Key takeaways
    • Analysts project a 47.7% upside from the current market price, with a median price target of 67.50 CNY.
    • The company has no dilution risk in the near term, as basic and diluted shares are equal.
    • Strong buy sentiment is evident, with 4 strong-buy and 7 buy ratings from analysts.
    • Liquidity risk could not be assessed due to missing balance-sheet data.
    • The company operates in a high-growth industry with demand driven by aging populations and healthcare spending in Asia-Pacific.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2026-03-31
    FY 2026 · Full-year highlights

    Revenue ¥2.19B, +6,1% YoY; Operating income +26,7% YoY.

    Revenue¥2.19B+6,1 % YoY
    Operating income¥646.4M+26,7 % YoY
    Net income¥557.7M+30,2 % YoY
    Free cash flow¥201.5M+32,8 % YoY
    EPS
    Operating cash flow¥536.6M+12,3 % YoY
    Financials
    Income statement
    Revenue¥2.19B
    Gross profit¥917.5M
    Operating income¥646.4M
    Net income¥557.7M
    Margins
    Gross margin42.0%
    Operating margin29.6%
    Net margin25.5%
    FCF margin9.2%
    Balance sheet
    Total assets¥3.55B
    Total liabilities¥801.8M
    Total equity¥2.74B
    Cash & equivalents¥630.0M
    Long-term debt¥299.0M
    Cash flow
    Operating cash flow¥536.6M
    CapEx-¥294.7M
    Free cash flow¥201.5M
    SBC
    P&L flow · revenue → net income
    Revenue ¥2.19BOperating costs ¥1.54BTax ¥88.7MNet income ¥557.7M
    Highlights
    • Revenue ¥2.19B, +6,1% YoY
    • Operating income +26,7% YoY
    • Net income +30,2% YoY
    • Free cash flow +32,8% YoY
    • Net margin 25.5%

    Valuation FY

    Market price
    HK$43,62
    Market cap
    HK$23.19B
    Enterprise value
    P/E
    41.6x
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    1,42
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    11
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-19 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate1,42
    Revenueno estimateno estimate2,5B CNY
    Operating incomeno estimateno estimate781,8M CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution10 analysts
    Strong buy3
    Buy7
    Hold0
    Sell0
    Strong sell0
    12-month price targetHK$68,00 · Median HK$67,50
    Low HK$50,00High HK$88,00
    Operating income · consensus781,8M CNY
    EPS surprise
    −15,3 %
    reported vs consensus · miss
    Revenue surprise
    −14,1 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowHK$50,00
    MeanHK$68,00
    MedianHK$67,50
    HighHK$88,00
    SpotHK$43,62
    +55.9 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Shanghai Conant Optical Co Ltd Market data — financials · 2026-05-26
    • Shanghai Conant Optical Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2276.HKCanonical
    HKEX · HKD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-03-31 04:50 UTCEARNINGSAnnual results — FY 2026 Revenue CNY 2.19B · Net CNY 557.7M
    2025-03-31 17:17 UTCEARNINGSAnnual results — FY 2025 Revenue CNY 2.06B · Net CNY 428.3M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage