Narrative Update • Aug 17

Over the last 7 days, the Life Sciences industry has dropped 4.4%, driven by a pullback from WuXi AppTec of 3.0%. In contrast, MGI Tech has gained 16%. This takes the industry's 12 month performance to a gain of 39%. As for the next few years, earnings are expected to grow by 22% per annum.
Has the Chinese Life Sciences Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 27 Aug 2026 | CN¥815.5b | CN¥105.3b | CN¥23.5b | 72.9x | 34.8x | 7.7x |
| Sat, 25 Jul 2026 | CN¥660.8b | CN¥98.8b | CN¥21.9b | 63.1x | 30.2x | 6.7x |
| Mon, 22 Jun 2026 | CN¥552.3b | CN¥98.8b | CN¥21.9b | 52.8x | 25.3x | 5.6x |
| Wed, 20 May 2026 | CN¥577.6b | CN¥98.7b | CN¥21.7b | 56.9x | 26.6x | 5.9x |
| Fri, 17 Apr 2026 | CN¥616.4b | CN¥95.0b | CN¥20.7b | 65.2x | 29.7x | 6.5x |
| Sun, 15 Mar 2026 | CN¥547.6b | CN¥94.5b | CN¥18.7b | 61x | 29.4x | 5.8x |
| Tue, 10 Feb 2026 | CN¥606.1b | CN¥94.4b | CN¥18.6b | 64.5x | 32.7x | 6.4x |
| Thu, 08 Jan 2026 | CN¥600.4b | CN¥94.3b | CN¥18.5b | 62.4x | 32.4x | 6.4x |
| Sat, 06 Dec 2025 | CN¥541.5b | CN¥94.3b | CN¥18.5b | 63.3x | 29.2x | 5.7x |
| Mon, 03 Nov 2025 | CN¥601.9b | CN¥93.5b | CN¥18.8b | 66.3x | 32x | 6.4x |
| Wed, 01 Oct 2025 | CN¥637.6b | CN¥92.1b | CN¥17.4b | 70.8x | 36.6x | 6.9x |
| Fri, 29 Aug 2025 | CN¥578.3b | CN¥92.5b | CN¥17.6b | 58x | 32.8x | 6.3x |
| Sun, 27 Jul 2025 | CN¥546.8b | CN¥89.8b | CN¥15.4b | 58x | 35.6x | 6.1x |
| Tue, 24 Jun 2025 | CN¥418.7b | CN¥89.8b | CN¥15.4b | 46.1x | 27.2x | 4.7x |
| Thu, 22 May 2025 | CN¥398.9b | CN¥89.1b | CN¥15.3b | 44.3x | 26.1x | 4.5x |
| Sat, 19 Apr 2025 | CN¥364.3b | CN¥88.6b | CN¥14.0b | 36x | 26x | 4.1x |
| Mon, 17 Mar 2025 | CN¥441.1b | CN¥89.0b | CN¥11.3b | 43.4x | 38.9x | 5x |
| Wed, 12 Feb 2025 | CN¥392.0b | CN¥88.1b | CN¥11.2b | 40.1x | 34.9x | 4.4x |
| Fri, 10 Jan 2025 | CN¥346.9b | CN¥88.1b | CN¥11.2b | 32.8x | 30.9x | 3.9x |
| Sun, 08 Dec 2024 | CN¥393.4b | CN¥87.8b | CN¥11.2b | 41.5x | 35.2x | 4.5x |
| Tue, 05 Nov 2024 | CN¥373.0b | CN¥87.8b | CN¥11.2b | 37.6x | 33.3x | 4.2x |
| Thu, 03 Oct 2024 | CN¥379.0b | CN¥88.2b | CN¥12.4b | 35.3x | 30.6x | 4.3x |
| Sat, 31 Aug 2024 | CN¥277.7b | CN¥87.1b | CN¥12.1b | 28.1x | 23x | 3.2x |
| Mon, 29 Jul 2024 | CN¥278.6b | CN¥88.3b | CN¥13.4b | 25.9x | 20.8x | 3.2x |
| Wed, 26 Jun 2024 | CN¥285.5b | CN¥88.3b | CN¥13.4b | 24.4x | 21.3x | 3.2x |
| Fri, 24 May 2024 | CN¥318.5b | CN¥88.3b | CN¥13.3b | 28.2x | 23.9x | 3.6x |
| Sun, 21 Apr 2024 | CN¥303.1b | CN¥90.4b | CN¥15.0b | 29.9x | 20.2x | 3.4x |
| Tue, 19 Mar 2024 | CN¥378.3b | CN¥90.5b | CN¥15.5b | 35.2x | 24.4x | 4.2x |
| Thu, 15 Feb 2024 | CN¥348.7b | CN¥91.1b | CN¥16.1b | 29.9x | 21.7x | 3.8x |
| Sat, 13 Jan 2024 | CN¥456.5b | CN¥91.1b | CN¥16.1b | 35.3x | 28.4x | 5x |
| Mon, 11 Dec 2023 | CN¥493.2b | CN¥91.1b | CN¥16.1b | 36.4x | 30.7x | 5.4x |
| Wed, 08 Nov 2023 | CN¥562.5b | CN¥91.0b | CN¥16.1b | 40.6x | 35x | 6.2x |
| Fri, 06 Oct 2023 | CN¥519.9b | CN¥92.0b | CN¥18.3b | 35.6x | 28.3x | 5.7x |
| Sun, 03 Sep 2023 | CN¥494.7b | CN¥91.8b | CN¥18.3b | 34.7x | 27.1x | 5.4x |
27.1x
Which industries have driven the changes within the Chinese Healthcare industry?
| CN Market | 0.044% | |
| Healthcare | -1.09% | |
| Life Sciences | -2.61% | |
| Clinical Research and Equipment | -2.61% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 688114 MGI Tech | CN¥66.54 | 15.5% +CN¥3.7b | -8.2% | PS9.1x | |
| 688202 Shanghai Medicilon | CN¥104.23 | 4.4% +CN¥574.9m | 67.4% | PS9.9x | |
| 688710 Shanghai InnoStar Bio-tech | CN¥93.97 | 3.2% +CN¥408.8m | 139.7% | PE555.5x | |
| 688315 Novogene | CN¥15.82 | 6.4% +CN¥384.8m | -0.2% | PE42.3x | |
| 688238 Shanghai Obio Technology (Group) | CN¥7.14 | 5.8% +CN¥245.8m | -10.5% | PS16.7x |