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Chinese (SSE) Medical Equipment Industry Analysis

Updated-
DataAggregated Company Financials
Companies0
  • 7Dn/a
  • 3Mn/a
  • 1Yn/a
  • YTDn/a

The Medical Equipment industry is up 2.1% in the last week, with Shenzhen Mindray Bio-Medical Electronics up 3.1%. In the past year, the industry is down 7.2%. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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Current Industry PE
  • Investors are pessimistic on the Chinese Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.3x which is lower than its 3-year average PE of 33.9x.
  • The 3-year average PS ratio of 8.1x is higher than the industry's current PS ratio of 6.2x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 59% per year over the last three years.
  • Revenues for these companies have grown 41% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Healthcare industry?

CN Market0.62%
Healthcare-0.034%
Medical Equipment-0.18%
Medical Equipment-0.018%
Medical Supplies-0.66%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 42.1x.
    • Analysts are expecting annual earnings growth of 24.9%, which is higher than its past year's earnings growth of 15.2% per year.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 26.8x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 0.1% 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
688617 APT MedicalCN„357.7311.1%
+CN„2.4b
71.2%PE77.8x
688139 Qingdao Haier BiomedicalCN„76.011.3%
+CN„307.7m
5.7%PE39.6x
300482 Guangzhou Wondfo BiotechLtdCN„31.921.2%
+CN„172.4m
-13.4%PE11.3x
300869 Contec Medical SystemsLtdCN„26.581.3%
+CN„136.6m
-17.9%PE44.8x
688277 TINAVI Medical TechnologiesCN„13.611.5%
+CN„84.0m
-31.8%PS42.2x
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0.7%

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688273

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-0.3%

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688029

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1.5%

1Y

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605369

CN„104.46

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-3.8%

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-20.5%

300869

CN„26.58

Contec Medical SystemsLtd

7D

1.3%

1Y

-17.9%

300396

CN„26.50

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0.7%

1Y

52.0%

301235

CN„38.88

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7D

-0.3%

1Y

n/a

2932

CN„58.66

Wuhan Easy Diagnosis BiomedicineLtd

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0.8%

1Y

12.7%

688617

CN„357.73

APT Medical

7D

11.1%

1Y

71.2%

688139

CN„76.01

Qingdao Haier Biomedical

7D

1.3%

1Y

5.7%

300171

CN„27.65

Tofflon Science and Technology Group

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-0.9%

1Y

-26.3%

301363

CN„43.40

Mehow Innovative

7D

-2.9%

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n/a