Header cover image

Chinese (SSE) Biotech Industry Analysis

UpdatedSep 23, 2024
DataAggregated Company Financials
Companies73
  • 7D-0.4%
  • 3M-12.1%
  • 1Y-29.0%
  • YTD-33.9%

The Biotech is pretty flat in the last 7 days, but Beijing Wantai Biological Pharmacy Enterprise has stood out, gaining 4.6%. Unfortunately though, the industry is down 29% over the past 12 months. Looking forward, earnings are forecast to grow by 40% annually.

Industry Valuation and Performance

Has the Chinese Biotech Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Sep 2024CN¥731.6bCN¥154.1bCN¥14.5b29.7x50.6x4.7x
Thu, 22 Aug 2024CN¥784.3bCN¥161.3bCN¥17.3b28.8x45.4x4.9x
Sat, 20 Jul 2024CN¥848.3bCN¥161.1bCN¥17.3b33.9x49x5.3x
Mon, 17 Jun 2024CN¥877.1bCN¥161.1bCN¥17.3b32.3x50.7x5.4x
Wed, 15 May 2024CN¥971.9bCN¥161.1bCN¥17.3b38.8x56.3x6x
Fri, 12 Apr 2024CN¥940.7bCN¥161.4bCN¥20.2b37.8x46.5x5.8x
Sun, 10 Mar 2024CN¥978.7bCN¥165.5bCN¥22.1b35.6x44.3x5.9x
Tue, 06 Feb 2024CN¥834.3bCN¥167.9bCN¥21.4b28.2x38.9x5x
Thu, 04 Jan 2024CN¥1.1tCN¥168.1bCN¥21.5b39.5x51.5x6.6x
Sat, 02 Dec 2023CN¥1.1tCN¥168.1bCN¥21.5b41.5x53.3x6.8x
Mon, 30 Oct 2023CN¥1.1tCN¥175.3bCN¥25.0b39.6x42.4x6x
Wed, 27 Sep 2023CN¥1.0tCN¥170.9bCN¥25.2b40.9x41.2x6.1x
Fri, 25 Aug 2023CN¥983.3bCN¥172.2bCN¥28.2b36.8x34.9x5.7x
Sun, 23 Jul 2023CN¥1.1tCN¥177.4bCN¥29.9b38.9x35.8x6x
Tue, 20 Jun 2023CN¥1.1tCN¥177.4bCN¥29.3b38.6x37.2x6.1x
Thu, 18 May 2023CN¥1.2tCN¥177.8bCN¥29.6b41.1x39.2x6.5x
Sat, 15 Apr 2023CN¥1.3tCN¥186.6bCN¥36.5b42.4x35.5x6.9x
Mon, 13 Mar 2023CN¥1.3tCN¥179.0bCN¥36.0b43.9x35.1x7.1x
Wed, 08 Feb 2023CN¥1.3tCN¥179.6bCN¥37.9b42.6x34.3x7.2x
Fri, 06 Jan 2023CN¥1.3tCN¥175.6bCN¥37.9b40.3x33.3x7.2x
Sun, 04 Dec 2022CN¥1.3tCN¥175.6bCN¥37.9b38.8x33.1x7.2x
Tue, 01 Nov 2022CN¥1.2tCN¥174.9bCN¥37.0b37.5x31.2x6.6x
Thu, 29 Sep 2022CN¥1.1tCN¥174.0bCN¥40.1b29.9x27.9x6.4x
Sat, 27 Aug 2022CN¥1.2tCN¥219.9bCN¥44.5b31.9x27.6x5.6x
Mon, 25 Jul 2022CN¥1.3tCN¥168.8bCN¥42.1b36.6x30.6x7.6x
Wed, 22 Jun 2022CN¥1.3tCN¥168.1bCN¥42.4b38.7x30.6x7.7x
Fri, 20 May 2022CN¥1.2tCN¥168.1bCN¥42.4b35.3x28.4x7.2x
Sun, 17 Apr 2022CN¥1.4tCN¥153.5bCN¥40.5b38.3x33.4x8.8x
Tue, 15 Mar 2022CN¥1.4tCN¥152.5bCN¥40.9b46.3x34.4x9.2x
Thu, 10 Feb 2022CN¥1.4tCN¥148.5bCN¥39.7b45.1x35.7x9.5x
Sat, 08 Jan 2022CN¥1.5tCN¥143.3bCN¥39.3b48.3x37.7x10.3x
Mon, 06 Dec 2021CN¥1.6tCN¥141.6bCN¥39.1b49.6x39.9x11x
Wed, 03 Nov 2021CN¥1.5tCN¥144.1bCN¥39.6b40.9x38.4x10.5x
Fri, 01 Oct 2021CN¥1.6tCN¥130.3bCN¥33.4b45.3x46.7x12x
Price to Earnings Ratio

46.7x


Total Market Cap: CN¥1.6tTotal Earnings: CN¥33.4bTotal Revenue: CN¥130.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Biotech Industry Price to Earnings3Y Average 39.3x202220232024
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 50.6x which is higher than its 3-year average PE of 39.3x.
  • The 3-year average PS ratio of 7.2x is higher than the industry's current PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Biotechs industry have declined 24% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.8% per year.
  • This means that although more sales are being generated, 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 Market1.05%
Healthcare-0.77%
Biotech-0.42%
Biotech-0.42%
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?

CompanyLast Price7D1YValuation
603392 Beijing Wantai Biological Pharmacy EnterpriseCN¥71.134.6%
+CN¥4.0b
49.7%PS33.2x
300896 Imeik Technology DevelopmentLtdCN¥146.488.4%
+CN¥3.4b
-47.7%PE21.9x
300122 Chongqing Zhifei Biological ProductsCN¥21.815.5%
+CN¥2.7b
-55.1%PE8.6x
002252 Shanghai RAAS Blood ProductsCN¥6.813.8%
+CN¥1.7b
-2.4%PE25.3x
002007 Hualan Biological EngineeringCN¥14.726.4%
+CN¥1.6b
-33.1%PE19.3x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

300122

CN¥21.81

Chongqing Zhifei Biological Products

7D

5.5%

1Y

-55.1%

002252

CN¥6.81

Shanghai RAAS Blood Products

7D

3.8%

1Y

-2.4%

603087

CN¥39.65

Gan & Lee Pharmaceuticals

7D

4.2%

1Y

-11.1%

300601

CN¥14.06

Shenzhen Kangtai Biological Products

7D

6.5%

1Y

-50.7%

002007

CN¥14.72

Hualan Biological Engineering

7D

6.4%

1Y

-33.1%

688298

CN¥26.94

Zhejiang Orient Gene Biotech

7D

-5.5%

1Y

-30.7%

300896

CN¥146.48

Imeik Technology DevelopmentLtd

7D

8.4%

1Y

-47.7%

000403

CN¥20.68

Pacific Shuanglin Bio-pharmacy

7D

-4.8%

1Y

0.5%

603392

CN¥71.13

Beijing Wantai Biological Pharmacy Enterprise

7D

4.6%

1Y

49.7%