Chinese Healthcare Undervalued over 20% based on DCF

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥172.6b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Aier Eye Hospital Group

Market Cap: CN¥77.2b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

APT Medical

Market Cap: CN¥28.1b

Engages in the research and development, production, and sale of cardiovascular interventional medical devices in China.

Jointown Pharmaceutical Group

Market Cap: CN¥23.9b

Engages in pharmaceutical distribution and supply chain business in China and internationally.

Meinian Onehealth Healthcare Holdings

Market Cap: CN¥20.1b

Meinian Onehealth Healthcare Holdings Co., Ltd.

Topchoice Medical

Market Cap: CN¥15.1b

Engages in the oral medical service field in China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥13.3b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Huaxia Eye Hospital GroupLtd

Market Cap: CN¥13.2b

Operates an ophthalmic medical chain in China and internationally.

Shandong Weigao Orthopaedic Device

Market Cap: CN¥9.1b

Shandong Weigao Orthopaedic Device Co., Ltd.

SonoScape Medical

Market Cap: CN¥8.3b

Engages in the research, development, production, and sale of medical diagnosis and treatment equipment in China and internationally.

Sinocare

Market Cap: CN¥8.0b

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

Eyebright Medical Technology (Beijing)

Market Cap: CN¥7.8b

Eyebright Medical Technology (Beijing) Co., Ltd.

Aidite (Qinhuangdao) Technology

Market Cap: CN¥5.6b

Aidite (Qinhuangdao) Technology Co., Ltd.

Suzhou Iron TechnologyLTD

Market Cap: CN¥1.7b

Engages in the provision of intelligent medical material management solutions in China and internationally.