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Chinese (SSE) Medical Equipment Industry Analysis

UpdatedFeb 11, 2025
DataAggregated Company Financials
Companies105
  • 7D5.4%
  • 3M-8.6%
  • 1Y-5.4%
  • YTD2.5%

Over the last 7 days, the Medical Equipment industry has risen 5.4%, driven by gains from Shenzhen Mindray Bio-Medical Electronics of 8.7%. In contrast, the industry has lost 5.4% in the last 12 months. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

Has the Chinese Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Feb 2025CN¥1.2tCN¥216.8bCN¥34.6b32.2x35.2x5.6x
Thu, 09 Jan 2025CN¥1.1tCN¥216.8bCN¥34.5b31.2x33.1x5.3x
Sat, 07 Dec 2024CN¥1.3tCN¥216.8bCN¥34.5b36.9x36.7x5.8x
Mon, 04 Nov 2024CN¥1.2tCN¥215.5bCN¥34.3b31.2x35.3x5.6x
Wed, 02 Oct 2024CN¥1.3tCN¥213.6bCN¥36.4b34.5x35.8x6.1x
Fri, 30 Aug 2024CN¥1.0tCN¥212.0bCN¥35.7b27.2x29.3x4.9x
Sun, 28 Jul 2024CN¥1.1tCN¥214.3bCN¥36.9b26.1x30.2x5.2x
Tue, 25 Jun 2024CN¥1.2tCN¥213.4bCN¥36.7b26.5x32x5.5x
Thu, 23 May 2024CN¥1.3tCN¥213.2bCN¥36.6b30.7x35.1x6x
Sat, 20 Apr 2024CN¥1.2tCN¥214.2bCN¥40.1b28.6x29.4x5.5x
Mon, 18 Mar 2024CN¥1.3tCN¥218.2bCN¥40.5b30.3x31.9x5.9x
Wed, 14 Feb 2024CN¥1.3tCN¥221.2bCN¥41.0b26x30.8x5.7x
Fri, 12 Jan 2024CN¥1.3tCN¥221.2bCN¥39.8b33.3x32.8x5.9x
Sun, 10 Dec 2023CN¥1.4tCN¥223.3bCN¥40.9b35.4x34.1x6.2x
Tue, 07 Nov 2023CN¥1.3tCN¥218.0bCN¥40.4b34.9x33.1x6.1x
Thu, 05 Oct 2023CN¥1.3tCN¥226.7bCN¥41.9b31.7x30.8x5.7x
Sat, 02 Sep 2023CN¥1.3tCN¥229.7bCN¥43.2b30.9x29.2x5.5x
Mon, 31 Jul 2023CN¥1.4tCN¥231.8bCN¥44.7b32.8x31.3x6x
Wed, 28 Jun 2023CN¥1.4tCN¥230.8bCN¥44.5b34.1x31.2x6x
Fri, 26 May 2023CN¥1.4tCN¥230.0bCN¥44.3b36.6x32.4x6.2x
Sun, 23 Apr 2023CN¥1.4tCN¥254.2bCN¥63.0b37.1x22.8x5.6x
Tue, 21 Mar 2023CN¥1.4tCN¥253.2bCN¥62.9b35.7x22.3x5.6x
Thu, 16 Feb 2023CN¥1.6tCN¥251.6bCN¥64.1b36.2x24.3x6.2x
Sat, 14 Jan 2023CN¥1.5tCN¥251.5bCN¥64.1b35.2x23.8x6.1x
Mon, 12 Dec 2022CN¥1.5tCN¥251.2bCN¥64.1b35.3x23.5x6x
Wed, 09 Nov 2022CN¥1.6tCN¥248.8bCN¥63.2b37x24.6x6.3x
Fri, 07 Oct 2022CN¥1.4tCN¥242.1bCN¥62.3b30.4x22x5.7x
Sun, 04 Sep 2022CN¥1.4tCN¥228.7bCN¥58.3b31.5x23.5x6x
Tue, 02 Aug 2022CN¥1.2tCN¥227.5bCN¥61.8b32.5x19.9x5.4x
Thu, 30 Jun 2022CN¥1.3tCN¥226.0bCN¥61.6b32.4x20.6x5.6x
Sat, 28 May 2022CN¥1.2tCN¥225.9bCN¥61.6b27.8x18.8x5.1x
Mon, 25 Apr 2022CN¥1.2tCN¥201.6bCN¥51.3b28.8x23x5.9x
Wed, 23 Mar 2022CN¥1.3tCN¥198.9bCN¥52.6b33x24.6x6.5x
Fri, 18 Feb 2022CN¥1.3tCN¥197.5bCN¥52.7b34.1x25.4x6.8x
Price to Earnings Ratio

25.4x


Total Market Cap: CN¥1.3tTotal Earnings: CN¥52.7bTotal Revenue: CN¥197.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Medical Equipment Industry Price to Earnings3Y Average 28.2x202320242025
Current Industry PE
  • Investors are optimistic on the Chinese Medical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 35.2x which is higher than its 3-year average PE of 28.2x.
  • The industry is trading close to its 3-year average PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.1% 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 Market4.17%
Healthcare4.78%
Medical Equipment5.38%
Medical Equipment6.17%
Medical Supplies3.41%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio of 26.8x.
    • Analysts are expecting annual earnings growth of 26.8%, which is higher than its past year's earnings growth of 0.4% per year.
  • Investors are most pessimistic about the Medical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 29.6x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 0.4% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 25% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
300760 Shenzhen Mindray Bio-Medical ElectronicsCN¥252.678.7%
+CN¥24.5b
-15.0%PE24.7x
688271 Shanghai United Imaging HealthcareCN¥130.484.9%
+CN¥5.0b
-9.9%PE67.6x
300003 Lepu Medical Technology (Beijing)CN¥11.7112.9%
+CN¥2.5b
-21.9%PE30.5x
002432 Andon HealthCN¥43.519.7%
+CN¥1.8b
8.7%PE11.6x
688151 Hubei Huaqiang High-TechCN¥19.4032.2%
+CN¥1.6b
35.7%PE1155.2x
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Latest News

300003

CN¥11.71

Lepu Medical Technology (Beijing)

7D

12.9%

1Y

-21.9%

002950

CN¥9.29

Allmed Medical ProductsLtd

7D

-2.9%

1Y

24.4%

002223

CN¥35.05

Jiangsu Yuyue Medical Equipment & Supply

7D

-2.2%

1Y

-3.2%

301371

CN¥34.75

Harbin Fuerjia Technology

7D

-1.3%

1Y

17.7%

688617

CN¥360.20

APT Medical

7D

-4.8%

1Y

15.8%