Chinese Healthcare Undervalued over 20% based on DCF

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥274.8b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Huadong Medicine

Market Cap: CN¥76.5b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Shanghai Pharmaceuticals Holding

Market Cap: CN¥64.4b

Shanghai Pharmaceuticals Holding Co., Ltd.

Jointown Pharmaceutical Group

Market Cap: CN¥27.3b

Provides pharmaceutical supply chain services in China.

Eyebright Medical Technology (Beijing)

Market Cap: CN¥14.6b

Eyebright Medical Technology (Beijing) Co., Ltd.

Tibet Rhodiola Pharmaceutical Holding

Market Cap: CN¥13.5b

Tibet Rhodiola Pharmaceutical Holding Co.

China National Accord Medicines

Market Cap: CN¥13.4b

China National Accord Medicines Corporation Ltd.

Sinocare

Market Cap: CN¥11.6b

Engages in the development, manufacture, and marketing of rapid diagnosis testing products primarily in the People’s Republic of China.

MeHow Innovative

Market Cap: CN¥10.5b

Designs, develops, manufactures, and sells precision medical device components and products in China and internationally.

Xiangyu MedicalLtd

Market Cap: CN¥6.9b

Engages in the research, development, manufacturing, and marketing of rehabilitation and physiotherapy equipment.

HangzhouS MedTech

Market Cap: CN¥6.4b

Engages in the research, development, production, sale, and service of endoscopic surgery equipment and accessories in China.

Zhende Medical

Market Cap: CN¥5.9b

Engages in the research and development, production, and sale of medical care and protective equipment in China.

Allmed Medical ProductsLtd

Market Cap: CN¥5.8b

Engages in the manufacture and sale of wound care and nursing material products in China.

Shanghai Universal BiotechLtd

Market Cap: CN¥2.9b

Distributes and supplies antibodies and protein products.