Header cover image

Chinese (SSE) Healthcare Services Industry Analysis

UpdatedMay 01, 2024
DataAggregated Company Financials
Companies8
  • 7D-0.6%
  • 3M-11.5%
  • 1Y-44.5%
  • YTDn/a

In the last week, the Healthcare Services industry is up 3.7%, with Topchoice Medical up 12%. Meanwhile, Guangzhou Kingmed Diagnostics Group actually underperformed within the industry, shrinking 13% in the last week. However, the industry is down 42% over the past year. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 May 2024CN¥80.8bCN¥43.6bCN¥1.8b38.6x44.1x1.9x
Fri, 29 Mar 2024CN¥94.7bCN¥45.9bCN¥1.5b35.2x63.1x2.1x
Sun, 25 Feb 2024CN¥99.3bCN¥45.9bCN¥1.5b35x66.2x2.2x
Tue, 23 Jan 2024CN¥94.2bCN¥45.9bCN¥1.5b34.6x62.7x2.1x
Thu, 21 Dec 2023CN¥109.2bCN¥45.2bCN¥1.7b39.9x63.2x2.4x
Sat, 18 Nov 2023CN¥120.4bCN¥45.2bCN¥1.7b45.5x69.7x2.7x
Mon, 16 Oct 2023CN¥118.6bCN¥48.7bCN¥2.9b51.3x40.4x2.4x
Wed, 13 Sep 2023CN¥117.7bCN¥48.7bCN¥2.9b52.4x40.1x2.4x
Fri, 11 Aug 2023CN¥129.0bCN¥52.1bCN¥4.0b28.4x31.9x2.5x
Sun, 09 Jul 2023CN¥131.0bCN¥52.1bCN¥4.0b30.3x32.4x2.5x
Tue, 06 Jun 2023CN¥134.7bCN¥52.1bCN¥4.0b30.8x33.3x2.6x
Thu, 04 May 2023CN¥143.0bCN¥52.1bCN¥4.1b29.7x35.3x2.7x
Sat, 01 Apr 2023CN¥151.3bCN¥54.3bCN¥6.9b29.2x22.1x2.8x
Mon, 27 Feb 2023CN¥152.8bCN¥54.3bCN¥6.9b29.5x22.3x2.8x
Wed, 25 Jan 2023CN¥160.3bCN¥54.3bCN¥6.9b28.6x23.4x2.9x
Fri, 23 Dec 2022CN¥135.3bCN¥54.3bCN¥6.9b27.4x19.7x2.5x
Sun, 20 Nov 2022CN¥142.7bCN¥54.3bCN¥6.9b30.2x20.8x2.6x
Tue, 18 Oct 2022CN¥132.3bCN¥51.8bCN¥6.6b28.8x19.9x2.6x
Thu, 15 Sep 2022CN¥133.1bCN¥51.8bCN¥6.6b28.4x20x2.6x
Sat, 13 Aug 2022CN¥142.5bCN¥47.8bCN¥6.1b42.6x23.4x3x
Mon, 11 Jul 2022CN¥152.7bCN¥47.8bCN¥6.1b41.5x25.1x3.2x
Wed, 08 Jun 2022CN¥141.8bCN¥47.8bCN¥6.1b42.7x23.3x3x
Fri, 06 May 2022CN¥143.8bCN¥47.8bCN¥6.1b38.5x23.7x3x
Sun, 03 Apr 2022CN¥145.2bCN¥42.9bCN¥6.1b27.7x24x3.4x
Tue, 01 Mar 2022CN¥142.8bCN¥35.8bCN¥4.9b33.4x29.1x4x
Thu, 27 Jan 2022CN¥137.6bCN¥35.8bCN¥4.9b33.6x28x3.8x
Sat, 25 Dec 2021CN¥162.0bCN¥35.8bCN¥4.9b34.4x33x4.5x
Mon, 22 Nov 2021CN¥174.2bCN¥35.8bCN¥4.9b36.2x35.5x4.9x
Wed, 20 Oct 2021CN¥175.7bCN¥34.6bCN¥4.8b30.7x36.9x5.1x
Fri, 17 Sep 2021CN¥179.3bCN¥34.5bCN¥4.7b34x37.8x5.2x
Sun, 15 Aug 2021CN¥217.1bCN¥34.5bCN¥4.7b33.8x45.8x6.3x
Thu, 10 Jun 2021CN¥260.6bCN¥33.2bCN¥4.6b62.2x56.4x7.9x
Price to Earnings Ratio

53.3x


Total Market Cap: CN¥246.2bTotal Earnings: CN¥4.6bTotal Revenue: CN¥33.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Healthcare Services Industry Price to Earnings3Y Average 36.3x202220232024
Current Industry PE
  • Investors are optimistic on the Chinese Healthcare Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.3x which is higher than its 3-year average PE of 36.3x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have declined 23% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.8% 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 Comparison

How does Chinese Healthcare Services compare with similar industries?

CN Market4.16%
Healthcare5.31%
Healthcare Services2.91%
Healthcare Services-0.58%
Healthcare Facilities5.30%
Healthcare Distributors2.41%
Managed Healthcare0%
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
600763 Topchoice MedicalCN¥60.7912.1%
+CN¥2.1b
-49.0%PE38.5x
600682 Nanjing Xinjiekou Department StoreCN¥5.776.3%
+CN¥455.3m
-29.6%PE20.5x
2622 Whole Shine Medical TechnologyCN¥2.078.9%
+CN¥142.8m
-34.1%PS2.8x
301103 Liaoning He Eye Hospital GroupCN¥25.222.4%
+CN¥94.8m
-43.7%PE111.6x
300962 Zhongjin IrradiationCN¥15.090.5%
+CN¥18.5m
-6.7%PE36.7x
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

603882

CN¥38.35

Guangzhou Kingmed Diagnostics Group

7D

-9.9%

1Y

-53.1%

600682

CN¥5.77

Nanjing Xinjiekou Department Store

7D

6.3%

1Y

-29.6%

600763

CN¥60.79

Topchoice Medical

7D

12.1%

1Y

-49.0%

2622

CN¥2.07

Whole Shine Medical Technology

7D

8.9%

1Y

-34.1%

301103

CN¥25.22

Liaoning He Eye Hospital Group

7D

2.4%

1Y

-43.7%

2044

CN¥4.42

Meinian Onehealth Healthcare Holdings

7D

-1.3%

1Y

-36.9%

300962

CN¥15.09

Zhongjin Irradiation

7D

0.5%

1Y

-6.7%