Why Investors Shouldn't Be Surprised By Imeik Technology Development Co.,Ltd.'s (SZSE:300896) 25% Share Price Plunge
Jan 12
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Chinese (SSE) Biotech Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies72
- 7D3.2%
- 3M-9.8%
- 1Y-12.2%
- YTD0.2%
The Biotech industry is up 3.2% in the last week, with Xiamen Amoytop Biotech up 12%. Meanwhile, Jiangsu CoWin Biotech actually underperformed within the industry, shrinking 15% in the last week. However, the industry is down 12% over the past year. Earnings are forecast to grow by 57% annually.
Industry Valuation and Performance
Has the Chinese Biotech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | CN¥804.8b | CN¥136.0b | CN¥10.8b | 32.6x | 74.8x | 5.9x |
| Thu, 19 Dec 2024 | CN¥868.5b | CN¥136.0b | CN¥10.8b | 33.4x | 80.7x | 6.4x |
| Sat, 16 Nov 2024 | CN¥917.5b | CN¥141.7b | CN¥11.2b | 36.7x | 81.9x | 6.5x |
| Mon, 14 Oct 2024 | CN¥892.8b | CN¥154.1b | CN¥14.5b | 36x | 61.8x | 5.8x |
| Wed, 11 Sep 2024 | CN¥756.5b | CN¥154.2b | CN¥14.5b | 31.2x | 52x | 4.9x |
| Fri, 09 Aug 2024 | CN¥835.7b | CN¥161.2b | CN¥17.3b | 31x | 48.3x | 5.2x |
| Sun, 07 Jul 2024 | CN¥822.1b | CN¥161.1b | CN¥17.3b | 32.1x | 47.5x | 5.1x |
| Tue, 04 Jun 2024 | CN¥892.3b | CN¥161.1b | CN¥17.3b | 33x | 51.6x | 5.5x |
| Thu, 02 May 2024 | CN¥950.7b | CN¥161.5b | CN¥17.7b | 37.7x | 53.6x | 5.9x |
| Sat, 30 Mar 2024 | CN¥971.3b | CN¥162.6b | CN¥20.7b | 39.4x | 47x | 6x |
| Mon, 26 Feb 2024 | CN¥992.7b | CN¥168.6b | CN¥21.7b | 35x | 45.8x | 5.9x |
| Wed, 24 Jan 2024 | CN¥962.9b | CN¥167.9b | CN¥21.4b | 33.5x | 45x | 5.7x |
| Fri, 22 Dec 2023 | CN¥1.1t | CN¥168.1b | CN¥21.5b | 39.9x | 50.6x | 6.5x |
| Sun, 19 Nov 2023 | CN¥1.1t | CN¥168.1b | CN¥21.5b | 41.3x | 52x | 6.6x |
| Tue, 17 Oct 2023 | CN¥1.1t | CN¥170.9b | CN¥25.2b | 44.3x | 43.1x | 6.4x |
| Thu, 14 Sep 2023 | CN¥1.0t | CN¥170.7b | CN¥25.2b | 39.7x | 40.5x | 6x |
| Sat, 12 Aug 2023 | CN¥1.1t | CN¥174.5b | CN¥28.5b | 38x | 37x | 6x |
| Mon, 10 Jul 2023 | CN¥1.1t | CN¥177.4b | CN¥29.3b | 38.6x | 36.1x | 6x |
| Wed, 07 Jun 2023 | CN¥1.1t | CN¥177.4b | CN¥29.3b | 40.3x | 37.4x | 6.2x |
| Fri, 05 May 2023 | CN¥1.2t | CN¥181.7b | CN¥31.6b | 44.4x | 38.4x | 6.7x |
| Sun, 02 Apr 2023 | CN¥1.2t | CN¥186.0b | CN¥36.6b | 40.5x | 33.7x | 6.6x |
| Tue, 28 Feb 2023 | CN¥1.3t | CN¥179.6b | CN¥38.0b | 43x | 33.5x | 7.1x |
| Thu, 26 Jan 2023 | CN¥1.3t | CN¥179.6b | CN¥38.0b | 44x | 35.2x | 7.4x |
| Sat, 24 Dec 2022 | CN¥1.2t | CN¥175.6b | CN¥37.9b | 37.5x | 31.5x | 6.8x |
| Mon, 21 Nov 2022 | CN¥1.3t | CN¥175.5b | CN¥37.9b | 41.6x | 34.4x | 7.4x |
| Wed, 19 Oct 2022 | CN¥1.2t | CN¥175.6b | CN¥41.1b | 34.5x | 29.7x | 6.9x |
| Fri, 16 Sep 2022 | CN¥1.2t | CN¥174.0b | CN¥40.1b | 32.4x | 29.9x | 6.9x |
| Sun, 14 Aug 2022 | CN¥1.3t | CN¥171.9b | CN¥43.3b | 35.8x | 29.5x | 7.4x |
| Tue, 12 Jul 2022 | CN¥1.3t | CN¥168.1b | CN¥42.4b | 38.2x | 31.5x | 7.9x |
| Thu, 09 Jun 2022 | CN¥1.2t | CN¥168.1b | CN¥42.4b | 37.5x | 28.7x | 7.2x |
| Sat, 07 May 2022 | CN¥1.2t | CN¥168.3b | CN¥42.4b | 35x | 28.5x | 7.2x |
| Mon, 04 Apr 2022 | CN¥1.4t | CN¥153.1b | CN¥40.8b | 43.5x | 35.4x | 9.4x |
| Wed, 02 Mar 2022 | CN¥1.4t | CN¥151.9b | CN¥40.8b | 47.8x | 35.4x | 9.5x |
| Fri, 28 Jan 2022 | CN¥1.4t | CN¥143.8b | CN¥38.7b | 43.1x | 35.2x | 9.5x |
Price to Earnings Ratio
35.2x
Current Industry PE
- Investors are optimistic on the Chinese Biotechs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 74.8x which is higher than its 3-year average PE of 43.0x.
- The 3-year average PS ratio of 6.6x is higher than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Biotechs industry have declined 35% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Chinese Healthcare industry?
| CN Market | 4.24% | |
| Healthcare | 3.20% | |
| Biotech | 3.16% | |
| Biotech | 3.16% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 688278 Xiamen Amoytop Biotech | CN¥80.28 | 12.1% +CN¥3.5b | 50.4% | PE44.1x | |
| 301301 Yili Chuanning BiotechnologyLtd | CN¥12.12 | 7.5% +CN¥1.9b | 46.2% | PE19.6x | |
| 002252 Shanghai RAAS Blood Products | CN¥6.84 | 3.3% +CN¥1.5b | 3.2% | PE24.7x | |
| 688266 Suzhou Zelgen BiopharmaceuticalsLtd | CN¥65.89 | 7.8% +CN¥1.3b | 53.7% | PS35.7x | |
| 300896 Imeik Technology DevelopmentLtd | CN¥173.04 | 2.2% +CN¥1.1b | -20.6% | PE25.7x |
