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 9.5%. The past year has been better, since the industry has gained 39% in that time. 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 |
|---|---|---|---|---|---|---|
| Mon, 25 May 2026 | CN¥583.5b | CN¥98.7b | CN¥21.7b | 60.2x | 26.9x | 5.9x |
| Wed, 22 Apr 2026 | CN¥586.3b | CN¥95.0b | CN¥20.7b | 65.7x | 28.3x | 6.2x |
| Fri, 20 Mar 2026 | CN¥536.5b | CN¥94.5b | CN¥18.7b | 58.8x | 28.8x | 5.7x |
| Sun, 15 Feb 2026 | CN¥607.6b | CN¥94.4b | CN¥18.6b | 68.1x | 32.8x | 6.4x |
| Tue, 13 Jan 2026 | CN¥620.0b | CN¥94.3b | CN¥18.5b | 64.3x | 33.5x | 6.6x |
| Thu, 11 Dec 2025 | CN¥552.2b | CN¥94.3b | CN¥18.5b | 63.8x | 29.8x | 5.9x |
| Sat, 08 Nov 2025 | CN¥570.6b | CN¥93.5b | CN¥18.8b | 65.3x | 30.3x | 6.1x |
| Mon, 06 Oct 2025 | CN¥640.5b | CN¥92.1b | CN¥17.4b | 70.8x | 36.7x | 7x |
| Wed, 03 Sep 2025 | CN¥634.0b | CN¥92.5b | CN¥17.6b | 61x | 36.1x | 6.9x |
| Fri, 01 Aug 2025 | CN¥577.3b | CN¥91.7b | CN¥17.9b | 59.7x | 32.2x | 6.3x |
| Sun, 29 Jun 2025 | CN¥424.5b | CN¥89.8b | CN¥15.4b | 47.4x | 27.6x | 4.7x |
| Tue, 27 May 2025 | CN¥397.9b | CN¥89.1b | CN¥15.3b | 43.4x | 26x | 4.5x |
| Thu, 24 Apr 2025 | CN¥381.8b | CN¥88.5b | CN¥14.0b | 38.9x | 27.3x | 4.3x |
| Sat, 22 Mar 2025 | CN¥439.8b | CN¥89.7b | CN¥12.7b | 42.3x | 34.6x | 4.9x |
| Mon, 17 Feb 2025 | CN¥411.8b | CN¥88.1b | CN¥11.2b | 42x | 36.6x | 4.7x |
| Wed, 15 Jan 2025 | CN¥362.7b | CN¥87.6b | CN¥11.2b | 35.9x | 32.3x | 4.1x |
| Fri, 13 Dec 2024 | CN¥398.5b | CN¥87.8b | CN¥11.2b | 41.6x | 35.6x | 4.5x |
| Sun, 10 Nov 2024 | CN¥397.5b | CN¥87.8b | CN¥11.2b | 41.7x | 35.5x | 4.5x |
| Tue, 08 Oct 2024 | CN¥386.6b | CN¥88.2b | CN¥12.4b | 35.3x | 31.2x | 4.4x |
| Thu, 05 Sep 2024 | CN¥278.8b | CN¥87.1b | CN¥12.3b | 28.5x | 22.7x | 3.2x |
| Sat, 03 Aug 2024 | CN¥301.2b | CN¥87.6b | CN¥12.6b | 27.9x | 24x | 3.4x |
| Mon, 01 Jul 2024 | CN¥279.1b | CN¥88.3b | CN¥13.4b | 24.7x | 20.8x | 3.2x |
| Wed, 29 May 2024 | CN¥311.4b | CN¥88.3b | CN¥13.4b | 28x | 23.2x | 3.5x |
| Fri, 26 Apr 2024 | CN¥307.7b | CN¥90.5b | CN¥14.9b | 30x | 20.6x | 3.4x |
| Sun, 24 Mar 2024 | CN¥345.3b | CN¥90.4b | CN¥15.6b | 33.9x | 22.1x | 3.8x |
| Tue, 20 Feb 2024 | CN¥338.3b | CN¥91.1b | CN¥16.1b | 30.5x | 21x | 3.7x |
| Thu, 18 Jan 2024 | CN¥443.7b | CN¥91.1b | CN¥16.1b | 36x | 27.6x | 4.9x |
| Sat, 16 Dec 2023 | CN¥479.1b | CN¥91.1b | CN¥16.1b | 37.3x | 29.8x | 5.3x |
| Mon, 13 Nov 2023 | CN¥558.5b | CN¥91.1b | CN¥16.1b | 40.5x | 34.7x | 6.1x |
| Wed, 11 Oct 2023 | CN¥507.1b | CN¥92.0b | CN¥18.3b | 34.4x | 27.7x | 5.5x |
| Fri, 08 Sep 2023 | CN¥469.3b | CN¥91.8b | CN¥18.3b | 32.6x | 25.7x | 5.1x |
| Sun, 06 Aug 2023 | CN¥495.8b | CN¥91.8b | CN¥18.5b | 35.6x | 26.8x | 5.4x |
| Tue, 04 Jul 2023 | CN¥455.3b | CN¥91.3b | CN¥18.5b | 34.4x | 24.6x | 5x |
| Thu, 01 Jun 2023 | CN¥485.7b | CN¥91.3b | CN¥18.5b | 37.4x | 26.3x | 5.3x |
26.3x
How does Chinese Clinical Research and Equipment compare with similar industries?
| CN Market | -0.045% | |
| Healthcare | -2.82% | |
| Life Sciences | -0.21% | |
| Clinical Research and Equipment | -0.21% | |
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 |