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Chinese (SSE) Healthcare Services Industry Analysis
UpdatedSep 27, 2024
DataAggregated Company Financials
Companies40
- 7D11.5%
- 3M5.7%
- 1Y-28.7%
- YTD-21.6%
In the last week, the Healthcare Services industry is up 12%, with all of the companies up. In the past year, the industry is down 29%. Earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Chinese Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Sep 2024 | CN¥523.0b | CN¥984.5b | CN¥22.0b | 30.2x | 23.7x | 0.5x |
| Sun, 25 Aug 2024 | CN¥478.8b | CN¥987.1b | CN¥22.3b | 23.3x | 21.5x | 0.5x |
| Tue, 23 Jul 2024 | CN¥506.8b | CN¥988.5b | CN¥22.5b | 28.1x | 22.5x | 0.5x |
| Thu, 20 Jun 2024 | CN¥525.3b | CN¥988.5b | CN¥22.5b | 28.5x | 23.3x | 0.5x |
| Sat, 18 May 2024 | CN¥592.5b | CN¥988.3b | CN¥22.4b | 34.3x | 26.5x | 0.6x |
| Mon, 15 Apr 2024 | CN¥564.3b | CN¥986.3b | CN¥19.4b | 28.1x | 29.1x | 0.6x |
| Wed, 13 Mar 2024 | CN¥628.2b | CN¥977.8b | CN¥20.1b | 30.3x | 31.3x | 0.6x |
| Fri, 09 Feb 2024 | CN¥604.3b | CN¥976.5b | CN¥20.1b | 29.1x | 30.1x | 0.6x |
| Sun, 07 Jan 2024 | CN¥647.3b | CN¥976.7b | CN¥19.7b | 30.1x | 32.9x | 0.7x |
| Tue, 05 Dec 2023 | CN¥713.0b | CN¥976.1b | CN¥19.9b | 31.9x | 35.8x | 0.7x |
| Thu, 02 Nov 2023 | CN¥728.4b | CN¥979.4b | CN¥20.6b | 30.5x | 35.4x | 0.7x |
| Sat, 30 Sep 2023 | CN¥734.1b | CN¥982.2b | CN¥21.2b | 29.8x | 34.7x | 0.7x |
| Mon, 28 Aug 2023 | CN¥701.0b | CN¥965.0b | CN¥23.8b | 21.7x | 29.5x | 0.7x |
| Wed, 26 Jul 2023 | CN¥791.1b | CN¥954.7b | CN¥23.1b | 26x | 34.2x | 0.8x |
| Fri, 23 Jun 2023 | CN¥775.9b | CN¥948.1b | CN¥23.0b | 26.1x | 33.8x | 0.8x |
| Sun, 21 May 2023 | CN¥843.2b | CN¥948.0b | CN¥23.0b | 27.1x | 36.7x | 0.9x |
| Tue, 18 Apr 2023 | CN¥853.5b | CN¥911.9b | CN¥26.4b | 32.1x | 32.3x | 0.9x |
| Thu, 16 Mar 2023 | CN¥828.3b | CN¥906.6b | CN¥26.6b | 31x | 31.2x | 0.9x |
| Sat, 11 Feb 2023 | CN¥850.4b | CN¥906.0b | CN¥26.4b | 29.6x | 32.2x | 0.9x |
| Mon, 09 Jan 2023 | CN¥806.2b | CN¥905.7b | CN¥26.4b | 29.2x | 30.6x | 0.9x |
| Wed, 07 Dec 2022 | CN¥788.4b | CN¥905.7b | CN¥26.4b | 29.1x | 29.9x | 0.9x |
| Fri, 04 Nov 2022 | CN¥708.2b | CN¥902.4b | CN¥25.9b | 30.8x | 27.4x | 0.8x |
| Sun, 02 Oct 2022 | CN¥655.2b | CN¥842.5b | CN¥23.8b | 21x | 27.5x | 0.8x |
| Tue, 30 Aug 2022 | CN¥674.1b | CN¥845.5b | CN¥23.3b | 27.1x | 28.9x | 0.8x |
| Thu, 28 Jul 2022 | CN¥756.9b | CN¥840.7b | CN¥24.0b | 30.7x | 31.5x | 0.9x |
| Sat, 25 Jun 2022 | CN¥735.4b | CN¥839.0b | CN¥23.9b | 27.9x | 30.7x | 0.9x |
| Mon, 23 May 2022 | CN¥677.0b | CN¥839.0b | CN¥23.9b | 27x | 28.3x | 0.8x |
| Wed, 20 Apr 2022 | CN¥670.8b | CN¥820.6b | CN¥27.5b | 25.9x | 24.4x | 0.8x |
| Fri, 18 Mar 2022 | CN¥632.4b | CN¥808.4b | CN¥26.3b | 27.5x | 24x | 0.8x |
| Sun, 13 Feb 2022 | CN¥640.9b | CN¥805.6b | CN¥26.7b | 23.7x | 24x | 0.8x |
| Tue, 11 Jan 2022 | CN¥748.3b | CN¥805.6b | CN¥26.7b | 28.6x | 28x | 0.9x |
| Thu, 09 Dec 2021 | CN¥734.9b | CN¥804.6b | CN¥26.6b | 23.8x | 27.6x | 0.9x |
| Sat, 06 Nov 2021 | CN¥758.5b | CN¥802.0b | CN¥26.5b | 23.7x | 28.6x | 0.9x |
| Mon, 04 Oct 2021 | CN¥801.5b | CN¥793.2b | CN¥27.2b | 23.5x | 29.4x | 1x |
Price to Earnings Ratio
29.4x
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 23.7x which is lower than its 3-year average PE of 29.5x.
- The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have declined 6.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.5% 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 Market | 9.62% | |
| Healthcare | 7.00% | |
| Healthcare Services | 11.51% | |
| Healthcare Facilities | 15.42% | |
| Healthcare Services | 13.02% | |
| Healthcare Distributors | 9.06% | |
| Managed Healthcare | 0% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 35.2x.
- Analysts are expecting annual earnings growth of 31.9%, which is higher than its past year's earnings decline of 33.8% per year.
- Investors are most pessimistic about the Healthcare Distributors industry, which is trading close to its 3-year average of 18.2x.
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 34% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300015 Aier Eye Hospital Group | CN¥13.26 | 36.1% +CN¥32.7b | -26.2% | PE33.4x | |
| 000963 Huadong Medicine | CN¥32.41 | 17.6% +CN¥8.5b | -23.3% | PE18.3x | |
| 600763 Topchoice Medical | CN¥53.28 | 23.1% +CN¥4.5b | -15.4% | PE47.1x | |
| 600998 Jointown Pharmaceutical Group | CN¥5.25 | 16.9% +CN¥3.7b | -12.5% | PE12.6x | |
| 601607 Shanghai Pharmaceuticals Holding | CN¥19.90 | 5.2% +CN¥3.7b | 10.1% | PE18x |