Narrative Update • Jun 29

Over the last 7 days, the Clinical Research and Equipment industry has dropped 6.3%, driven by declines in Shanghai Haoyuan Chemexpress and Hangzhou Tigermed Consulting of 8.3% and 4.2%, respectively. Meanwhile, Pharmaron Beijing actually outperformed within the industry, gaining 6.4% in the last week. Over the past 12 months, the industry was up 31%. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Thu, 09 Jul 2026 | CN¥620.4b | CN¥98.8b | CN¥21.9b | 59.6x | 28.4x | 6.3x |
| Sat, 06 Jun 2026 | CN¥532.6b | CN¥98.8b | CN¥21.9b | 48.3x | 24.4x | 5.4x |
| Mon, 04 May 2026 | CN¥617.3b | CN¥98.4b | CN¥21.7b | 58.6x | 28.5x | 6.3x |
| Wed, 01 Apr 2026 | CN¥570.2b | CN¥95.0b | CN¥20.6b | 57x | 27.7x | 6x |
| Fri, 27 Feb 2026 | CN¥590.5b | CN¥94.4b | CN¥18.6b | 69.3x | 31.8x | 6.3x |
| Sun, 25 Jan 2026 | CN¥613.9b | CN¥94.3b | CN¥18.5b | 65.4x | 33.1x | 6.5x |
| Tue, 23 Dec 2025 | CN¥550.0b | CN¥94.3b | CN¥18.5b | 61x | 29.7x | 5.8x |
| Thu, 20 Nov 2025 | CN¥556.7b | CN¥94.3b | CN¥18.5b | 66.3x | 30x | 5.9x |
| Sat, 18 Oct 2025 | CN¥570.0b | CN¥92.1b | CN¥17.4b | 63.1x | 32.7x | 6.2x |
| Mon, 15 Sep 2025 | CN¥625.3b | CN¥92.1b | CN¥17.4b | 72.1x | 35.9x | 6.8x |
| Wed, 13 Aug 2025 | CN¥569.0b | CN¥91.6b | CN¥17.9b | 59.3x | 31.8x | 6.2x |
| Fri, 11 Jul 2025 | CN¥464.3b | CN¥89.8b | CN¥15.4b | 51.8x | 30.2x | 5.2x |
| Sun, 08 Jun 2025 | CN¥421.7b | CN¥89.8b | CN¥15.4b | 48.1x | 27.4x | 4.7x |
| Tue, 06 May 2025 | CN¥390.9b | CN¥89.5b | CN¥15.1b | 40x | 25.9x | 4.4x |
| Thu, 03 Apr 2025 | CN¥437.0b | CN¥88.5b | CN¥14.0b | 45.8x | 31.2x | 4.9x |
| Sat, 01 Mar 2025 | CN¥419.2b | CN¥88.2b | CN¥11.2b | 42.2x | 37.4x | 4.8x |
| Mon, 27 Jan 2025 | CN¥361.5b | CN¥88.1b | CN¥11.2b | 38.1x | 32.1x | 4.1x |
| Wed, 25 Dec 2024 | CN¥379.8b | CN¥87.8b | CN¥11.2b | 39.1x | 34x | 4.3x |
| Fri, 22 Nov 2024 | CN¥378.2b | CN¥87.8b | CN¥11.2b | 40.2x | 33.8x | 4.3x |
| Sun, 20 Oct 2024 | CN¥360.2b | CN¥88.2b | CN¥12.4b | 32.6x | 29.1x | 4.1x |
| Tue, 17 Sep 2024 | CN¥279.8b | CN¥88.2b | CN¥12.4b | 27.5x | 22.6x | 3.2x |
| Thu, 15 Aug 2024 | CN¥282.3b | CN¥87.6b | CN¥12.6b | 26.5x | 22.5x | 3.2x |
| Sat, 13 Jul 2024 | CN¥279.1b | CN¥88.3b | CN¥13.4b | 24.6x | 20.8x | 3.2x |
| Mon, 10 Jun 2024 | CN¥303.0b | CN¥88.3b | CN¥13.4b | 26.8x | 22.6x | 3.4x |
| Wed, 08 May 2024 | CN¥339.5b | CN¥88.3b | CN¥13.3b | 31.6x | 25.5x | 3.8x |
| Fri, 05 Apr 2024 | CN¥337.9b | CN¥90.3b | CN¥15.0b | 33.6x | 22.5x | 3.7x |
| Sun, 03 Mar 2024 | CN¥364.9b | CN¥90.5b | CN¥15.5b | 31.8x | 23.5x | 4x |
| Tue, 30 Jan 2024 | CN¥377.9b | CN¥91.1b | CN¥16.1b | 33.9x | 23.5x | 4.1x |
| Thu, 28 Dec 2023 | CN¥460.1b | CN¥91.1b | CN¥16.1b | 36.8x | 28.6x | 5.1x |
| Sat, 25 Nov 2023 | CN¥535.8b | CN¥91.1b | CN¥16.1b | 39.8x | 33.3x | 5.9x |
| Mon, 23 Oct 2023 | CN¥511.8b | CN¥92.2b | CN¥18.4b | 33.4x | 27.8x | 5.5x |
| Wed, 20 Sep 2023 | CN¥492.1b | CN¥92.0b | CN¥18.3b | 32.7x | 26.8x | 5.4x |
| Fri, 18 Aug 2023 | CN¥496.8b | CN¥91.6b | CN¥18.6b | 34.5x | 26.8x | 5.4x |
| Sun, 16 Jul 2023 | CN¥470.9b | CN¥91.3b | CN¥18.5b | 34.9x | 25.5x | 5.2x |
25.5x
How does Chinese Clinical Research and Equipment compare with similar industries?
| CN Market | -6.07% | |
| Healthcare | -2.35% | |
| Life Sciences | -6.35% | |
| Clinical Research and Equipment | -6.35% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300759 Pharmaron Beijing | CN¥30.98 | 6.4% +CN¥3.4b | 23.4% | PE33.5x | |
| 688114 MGI Tech | CN¥55.88 | 7.6% +CN¥1.6b | -10.9% | PS8x | |
| 688222 HitGen | CN¥33.45 | 7.7% +CN¥961.6m | 98.3% | PE109.2x | |
| 301520 Anhui Wanbang Pharmaceutical TechnologyLtd | CN¥41.60 | 32.5% +CN¥946.2m | 29.7% | PE158.7x | |
| 688068 Beijing Hotgen Biotech | CN¥119.84 | 8.8% +CN¥850.7m | -36.9% | PS24.7x |