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Chinese (SSE) Healthcare Sector Analysis

UpdatedMar 18, 2023
DataAggregated Company Financials
Companies458
  • 7D-2.1%
  • 3M-2.7%
  • 1Y-8.9%
  • YTD0.07%

Over the last 7 days, the Healthcare industry has remained flat, although notably Shenzhen Mindray Bio-Medical Electronics gained 3.5%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 25% per annum.

Sector Valuation and Performance

Has the Chinese Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 18 Mar 2023CN„7.0tCN„2.2tCN„231.0b37.5x30.2x3.2x
Mon, 13 Feb 2023CN„7.4tCN„2.2tCN„233.1b37.9x31.6x3.3x
Wed, 11 Jan 2023CN„7.1tCN„2.2tCN„232.2b36.8x30.7x3.2x
Fri, 09 Dec 2022CN„7.1tCN„2.2tCN„231.9b38x30.5x3.2x
Sun, 06 Nov 2022CN„6.9tCN„2.2tCN„231.0b37.1x30.1x3.2x
Tue, 04 Oct 2022CN„6.1tCN„2.1tCN„223.7b31.1x27.5x2.9x
Thu, 01 Sep 2022CN„6.5tCN„2.1tCN„220.8b33.4x29.4x3.1x
Sat, 30 Jul 2022CN„6.5tCN„2.1tCN„226.9b32.5x28.7x3.2x
Mon, 27 Jun 2022CN„6.8tCN„2.0tCN„226.0b34.6x30x3.3x
Wed, 25 May 2022CN„6.1tCN„2.0tCN„224.1b31.5x27.2x3x
Fri, 22 Apr 2022CN„6.2tCN„2.0tCN„213.2b31.8x29.3x3.2x
Sun, 20 Mar 2022CN„7.0tCN„2.0tCN„213.8b36.4x32.6x3.6x
Tue, 15 Feb 2022CN„6.6tCN„1.9tCN„206.1b34.3x32x3.4x
Thu, 13 Jan 2022CN„7.8tCN„1.9tCN„205.5b43x38.1x4.1x
Sat, 11 Dec 2021CN„7.8tCN„1.9tCN„204.4b38.2x37.9x4x
Mon, 08 Nov 2021CN„7.4tCN„1.9tCN„202.4b35.1x36.3x3.8x
Wed, 06 Oct 2021CN„7.7tCN„1.9tCN„203.9b36x37.9x4.1x
Fri, 03 Sep 2021CN„7.3tCN„1.9tCN„200.6b36.5x36.3x3.9x
Sun, 01 Aug 2021CN„8.0tCN„1.9tCN„198.5b38.7x40.5x4.3x
Wed, 05 May 2021CN„8.4tCN„1.8tCN„189.6b37.5x44.4x4.7x
Sat, 06 Feb 2021CN„7.8tCN„1.7tCN„157.0b37x49.7x4.7x
Tue, 10 Nov 2020CN„7.5tCN„1.6tCN„123.7b46.7x60.5x4.7x
Mon, 03 Aug 2020CN„7.9tCN„1.5tCN„101.7b54.6x77.8x5.2x
Thu, 07 May 2020CN„5.2tCN„1.5tCN„82.6b44.2x62.9x3.4x
Price to Earnings Ratio

59.1x


Total Market Cap: CN„4.8tTotal Earnings: CN„82.1bTotal Revenue: CN„1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Healthcare Sector Price to Earnings3Y Average 43.3x202120222023
Current Industry PE
  • Investors are pessimistic on the Chinese Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 30.9x which is lower than its 3-year average PE of 43.3x.
  • The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 41% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Healthcare sector?

CN Market-0.65%
Healthcare-2.10%
Healthtech7.00%
Healthcare Services-0.45%
Pharma-0.71%
Biotech-2.59%
Medical Equipment-3.79%
Life Sciences-6.86%
Industry PE
  • Investors are most optimistic about the Healthtech industry, which is trading close to its 3-year average PE ratio of 68.0x.
    • Analysts are expecting annual earnings growth of 40.7%, which is higher than its past year's earnings growth of 2.4% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 32.6x.
Forecasted Growth
  • Analysts are most optimistic on the Healthtech industry, expecting annual earnings growth of 41% over the next 5 years.
  • This is better than its past earnings growth rate of 2.4% per year.
  • In contrast, the Life Sciences industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
688506 Sichuan Biokin PharmaceuticalLtdCN„78.1023.1%
+CN„5.9b
n/aPS44.5x
601607 Shanghai Pharmaceuticals HoldingCN„21.306.8%
+CN„5.0b
-5.2%PE14.5x
999 China Resources Sanjiu Medical & PharmaceuticalCN„57.628.5%
+CN„4.4b
58.9%PE23.3x
28 China National Accord MedicinesCN„49.0518.4%
+CN„3.3b
48.8%PE16x
600161 Beijing Tiantan Biological ProductsCN„24.877.9%
+CN„3.0b
14.0%PE46.7x
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Latest News

28

CN„49.05

China National Accord Medicines

7D

18.4%

1Y

48.8%

999

CN„57.62

China Resources Sanjiu Medical & Pharmaceutical

7D

8.5%

1Y

58.9%

600535

CN„14.90

Tasly Pharmaceutical Group

7D

8.6%

1Y

5.2%

300760

CN„298.95

Shenzhen Mindray Bio-Medical Electronics

7D

-3.5%

1Y

-5.7%

600436

CN„284.50

Zhangzhou Pientzehuang Pharmaceutical

7D

-5.4%

1Y

-9.1%

603259

CN„74.15

WuXi AppTec

7D

-7.6%

1Y

-28.4%

603392

CN„114.27

Beijing Wantai Biological Pharmacy Enterprise

7D

-11.8%

1Y

-40.0%

300347

CN„100.99

Hangzhou Tigermed Consulting

7D

-8.2%

1Y

6.8%

600276

CN„40.82

Jiangsu Hengrui Medicine

7D

-2.5%

1Y

8.9%

600161

CN„24.87

Beijing Tiantan Biological Products

7D

7.9%

1Y

14.0%

661

CN„166.33

Changchun High-Tech Industries (Group)

7D

-13.3%

1Y

-3.6%

688506

CN„78.10

Sichuan Biokin PharmaceuticalLtd

7D

23.1%

1Y

n/a

301267

CN„74.50

Huaxia Eye Hospital GroupLtd

7D

-10.9%

1Y

n/a

300253

CN„11.10

Winning Health Technology Group

7D

11.1%

1Y

13.5%

601607

CN„21.30

Shanghai Pharmaceuticals Holding

7D

6.8%

1Y

-5.2%

600085

CN„50.86

Beijing Tongrentang

7D

3.9%

1Y

22.0%