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Chinese (SSE) Healthcare Services Industry Analysis

UpdatedJun 17, 2024
DataAggregated Company Financials
Companies40
  • 7D-1.7%
  • 3M-14.5%
  • 1Y-33.8%
  • YTD-19.6%

Over the last 7 days, the Healthcare Services industry has dropped 1.7%, driven by a pullback from China National Accord Medicines of 9.0%. Overall the industry is down 34% in 12 months. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the Chinese Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Jun 2024CN¥537.7bCN¥988.5bCN¥22.5b30x23.9x0.5x
Wed, 15 May 2024CN¥602.1bCN¥988.3bCN¥22.4b34.3x26.9x0.6x
Fri, 12 Apr 2024CN¥572.2bCN¥986.3bCN¥19.4b28.5x29.5x0.6x
Sun, 10 Mar 2024CN¥607.8bCN¥977.8bCN¥20.1b29.5x30.2x0.6x
Tue, 06 Feb 2024CN¥550.3bCN¥976.5bCN¥20.1b26.8x27.4x0.6x
Thu, 04 Jan 2024CN¥669.9bCN¥976.7bCN¥19.7b31.3x34x0.7x
Sat, 02 Dec 2023CN¥723.4bCN¥976.1bCN¥19.9b32.5x36.3x0.7x
Mon, 30 Oct 2023CN¥717.7bCN¥984.8bCN¥21.2b29x33.8x0.7x
Wed, 27 Sep 2023CN¥729.9bCN¥982.2bCN¥21.2b29.7x34.5x0.7x
Fri, 25 Aug 2023CN¥714.2bCN¥959.0bCN¥23.3b24x30.6x0.7x
Sun, 23 Jul 2023CN¥782.8bCN¥954.7bCN¥23.1b25.7x33.9x0.8x
Tue, 20 Jun 2023CN¥796.7bCN¥948.0bCN¥23.0b26.2x34.7x0.8x
Thu, 18 May 2023CN¥838.4bCN¥947.9bCN¥22.9b26.7x36.5x0.9x
Sat, 15 Apr 2023CN¥850.3bCN¥910.6bCN¥27.2b32.8x31.2x0.9x
Mon, 13 Mar 2023CN¥834.6bCN¥906.6bCN¥26.6b30.5x31.4x0.9x
Wed, 08 Feb 2023CN¥839.3bCN¥906.0bCN¥26.4b29x31.8x0.9x
Fri, 06 Jan 2023CN¥815.7bCN¥905.7bCN¥26.4b30.1x30.9x0.9x
Sun, 04 Dec 2022CN¥773.9bCN¥905.7bCN¥26.4b30.4x29.4x0.9x
Tue, 01 Nov 2022CN¥650.0bCN¥866.0bCN¥25.3b29.2x25.7x0.8x
Thu, 29 Sep 2022CN¥654.1bCN¥842.5bCN¥23.8b20.1x27.5x0.8x
Sat, 27 Aug 2022CN¥679.9bCN¥841.4bCN¥22.5b26.9x30.2x0.8x
Mon, 25 Jul 2022CN¥758.0bCN¥840.7bCN¥24.0b29.7x31.5x0.9x
Wed, 22 Jun 2022CN¥729.1bCN¥839.0bCN¥23.9b26.6x30.5x0.9x
Fri, 20 May 2022CN¥661.7bCN¥839.0bCN¥23.9b27x27.6x0.8x
Sun, 17 Apr 2022CN¥683.4bCN¥820.2bCN¥28.2b26.5x24.2x0.8x
Tue, 15 Mar 2022CN¥638.2bCN¥807.0bCN¥26.5b28.8x24.1x0.8x
Thu, 10 Feb 2022CN¥658.1bCN¥805.6bCN¥26.7b24.9x24.6x0.8x
Sat, 08 Jan 2022CN¥751.2bCN¥805.6bCN¥26.7b29.1x28.1x0.9x
Mon, 06 Dec 2021CN¥725.7bCN¥802.0bCN¥26.5b23.3x27.4x0.9x
Wed, 03 Nov 2021CN¥751.6bCN¥802.0bCN¥26.5b35.6x28.3x0.9x
Fri, 01 Oct 2021CN¥801.5bCN¥793.2bCN¥27.2b23.5x29.4x1x
Sun, 29 Aug 2021CN¥751.4bCN¥791.5bCN¥27.0b24.2x27.8x0.9x
Mon, 05 Jul 2021CN¥1.1tCN¥791.5bCN¥27.0b29.4x39x1.3x
Price to Earnings Ratio

39x


Total Market Cap: CN¥1.1tTotal Earnings: CN¥27.0bTotal Revenue: CN¥791.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Healthcare Services Industry Price to Earnings3Y Average 30.4x202220232024
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 23.9x which is lower than its 3-year average PE of 30.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 5.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.7% 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 Market0.061%
Healthcare-0.73%
Healthcare Services-1.73%
Managed Healthcare0%
Healthcare Facilities-0.66%
Healthcare Services-0.75%
Healthcare Distributors-2.58%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry even though it's trading below its 3-year average PE ratio of 251x.
    • Analysts are expecting annual earnings growth of 25.4%, which is higher than its past year's earnings growth of 17.9% per year.
  • Investors are most pessimistic about the Healthcare Distributors industry, which is trading close to its 3-year average of 18.1x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 45% per year.
  • In contrast, the Healthcare Distributors 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
301293 Sanbo Hospital Management GroupCN¥52.902.5%
+CN¥207.6m
-47.7%PE96.4x
300244 Dian Diagnostics GroupLtdCN¥13.141.8%
+CN¥142.5m
-50.0%PE47.8x
300962 Zhongjin IrradiationCN¥13.401.5%
+CN¥52.8m
-27.4%PE32.6x
600211 Tibet Rhodiola Pharmaceutical HoldingCN¥36.130.4%
+CN¥51.6m
-13.7%PE14.4x
2044 Meinian Onehealth Healthcare HoldingsCN¥4.080.2%
+CN¥38.9m
-41.5%PE40.6x
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Latest News

301293

CN¥52.90

Sanbo Hospital Management Group

7D

2.5%

1Y

-47.7%

301103

CN¥22.65

Liaoning He Eye Hospital Group

7D

1.1%

1Y

-46.3%