Narrative Update • May 18

Over the last 7 days, the Clinical Research and Equipment industry has remained flat, although notably Hangzhou Tigermed Consulting declined by 8.3%. As for the the longer term, the industry is up 39% over the past 12 months. Earnings are forecast to grow by 19% annually.
Has the Chinese Clinical Research and Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 May 2026 | CN¥578.4b | CN¥98.7b | CN¥21.7b | 58.7x | 26.6x | 5.9x |
| Thu, 23 Apr 2026 | CN¥591.6b | CN¥95.0b | CN¥20.7b | 64.4x | 28.5x | 6.2x |
| Sat, 21 Mar 2026 | CN¥528.3b | CN¥94.5b | CN¥18.7b | 57.2x | 28.3x | 5.6x |
| Mon, 16 Feb 2026 | CN¥607.6b | CN¥94.4b | CN¥18.6b | 68.1x | 32.8x | 6.4x |
| Wed, 14 Jan 2026 | CN¥649.8b | CN¥94.3b | CN¥18.5b | 62.4x | 35.1x | 6.9x |
| Fri, 12 Dec 2025 | CN¥553.9b | CN¥94.3b | CN¥18.5b | 62.6x | 29.9x | 5.9x |
| Sun, 09 Nov 2025 | CN¥570.6b | CN¥92.3b | CN¥18.0b | 65.3x | 31.8x | 6.2x |
| Tue, 07 Oct 2025 | CN¥640.5b | CN¥92.1b | CN¥17.4b | 70.8x | 36.7x | 7x |
| Thu, 04 Sep 2025 | CN¥634.3b | CN¥92.5b | CN¥17.6b | 59.2x | 36x | 6.9x |
| Sat, 02 Aug 2025 | CN¥567.2b | CN¥91.6b | CN¥17.9b | 58.8x | 31.7x | 6.2x |
| Mon, 30 Jun 2025 | CN¥424.5b | CN¥89.8b | CN¥15.4b | 47.4x | 27.6x | 4.7x |
| Wed, 28 May 2025 | CN¥400.7b | CN¥89.1b | CN¥15.3b | 43.2x | 26.2x | 4.5x |
| Fri, 25 Apr 2025 | CN¥380.0b | CN¥88.3b | CN¥13.6b | 38.8x | 27.8x | 4.3x |
| Sun, 23 Mar 2025 | CN¥439.8b | CN¥88.4b | CN¥14.6b | 42.3x | 30.2x | 5x |
| Tue, 18 Feb 2025 | CN¥425.4b | CN¥88.1b | CN¥11.2b | 42.7x | 37.8x | 4.8x |
| Thu, 16 Jan 2025 | CN¥354.3b | CN¥88.1b | CN¥11.2b | 36.5x | 31.5x | 4x |
| Sat, 14 Dec 2024 | CN¥388.6b | CN¥87.8b | CN¥11.2b | 40.1x | 34.7x | 4.4x |
| Mon, 11 Nov 2024 | CN¥397.5b | CN¥87.8b | CN¥11.2b | 41.7x | 35.5x | 4.5x |
| Wed, 09 Oct 2024 | CN¥427.6b | CN¥88.2b | CN¥12.4b | 40.5x | 34.6x | 4.8x |
| Fri, 06 Sep 2024 | CN¥281.5b | CN¥87.1b | CN¥12.3b | 29.4x | 22.9x | 3.2x |
| Sun, 04 Aug 2024 | CN¥301.0b | CN¥87.6b | CN¥12.6b | 27.9x | 24x | 3.4x |
| Tue, 02 Jul 2024 | CN¥278.1b | CN¥88.3b | CN¥13.4b | 24.7x | 20.8x | 3.1x |
| Thu, 30 May 2024 | CN¥309.0b | CN¥88.3b | CN¥13.4b | 27.4x | 23.1x | 3.5x |
| Sat, 27 Apr 2024 | CN¥317.6b | CN¥90.3b | CN¥14.5b | 30.6x | 21.9x | 3.5x |
| Mon, 25 Mar 2024 | CN¥345.3b | CN¥90.4b | CN¥15.6b | 33.9x | 22.1x | 3.8x |
| Wed, 21 Feb 2024 | CN¥345.7b | CN¥91.1b | CN¥16.1b | 30.7x | 21.5x | 3.8x |
| Fri, 19 Jan 2024 | CN¥452.6b | CN¥91.1b | CN¥16.1b | 36x | 28.1x | 5x |
| Sun, 17 Dec 2023 | CN¥479.2b | CN¥91.1b | CN¥16.1b | 37.3x | 29.8x | 5.3x |
| Tue, 14 Nov 2023 | CN¥558.5b | CN¥91.1b | CN¥16.1b | 39.8x | 34.7x | 6.1x |
| Thu, 12 Oct 2023 | CN¥535.5b | CN¥92.0b | CN¥18.3b | 36.3x | 29.2x | 5.8x |
| Sat, 09 Sep 2023 | CN¥469.9b | CN¥91.9b | CN¥18.3b | 32.3x | 25.7x | 5.1x |
| Mon, 07 Aug 2023 | CN¥495.8b | CN¥91.8b | CN¥18.5b | 35.6x | 26.8x | 5.4x |
| Wed, 05 Jul 2023 | CN¥464.6b | CN¥91.3b | CN¥18.5b | 35.1x | 25.2x | 5.1x |
| Fri, 02 Jun 2023 | CN¥499.0b | CN¥91.3b | CN¥18.5b | 38.5x | 27x | 5.5x |
27x
How does Chinese Clinical Research and Equipment compare with similar industries?
| CN Market | 1.01% | |
| Healthcare | -2.03% | |
| Life Sciences | -0.37% | |
| Clinical Research and Equipment | -0.37% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 603259 WuXi AppTec | CN¥102.55 | 0.5% +CN¥1.5b | 66.3% | PE16.3x | |
| 688222 HitGen | CN¥31.59 | 12.4% +CN¥1.4b | 102.4% | PE99.2x | |
| 603127 Joinn Laboratories(China)Co.Ltd | CN¥40.94 | 4.5% +CN¥1.3b | 141.8% | PE60.6x | |
| 688114 MGI Tech | CN¥54.54 | 3.9% +CN¥845.7m | -25.9% | PS7.8x | |
| 688131 Shanghai Haoyuan Chemexpress | CN¥73.76 | 2.6% +CN¥403.0m | 91.4% | PE63.8x |