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Chinese (SSE) Medical Equipment Industry Analysis

UpdatedJan 18, 2022
DataAggregated Company Financials
Companies83
  • 7D4.8%
  • 3M7.5%
  • 1Y-13.9%
  • YTD4.7%

Over the last 7 days, the Medical Equipment industry has risen 4.8%, driven by gains from Shenzhen Mindray Bio-Medical Electronics of 6.9%. Meanwhile, Winner Medical actually underperformed within the industry, shrinking 6.5% in the last week. However, the industry is down 14% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 19 Jan 2022CN„1.6tCN„196.1bCN„52.5b40.6x
Fri, 17 Dec 2021CN„1.5tCN„195.3bCN„52.2b40.3x
Sun, 14 Nov 2021CN„1.4tCN„189.7bCN„50.1b37.5x
Tue, 12 Oct 2021CN„1.4tCN„194.4bCN„56.4b39.2x
Thu, 09 Sep 2021CN„1.4tCN„194.4bCN„56.4b41.1x
Sat, 07 Aug 2021CN„1.6tCN„193.8bCN„55.2b43.8x
Fri, 30 Apr 2021CN„1.7tCN„190.9bCN„55.8b37.5x
Mon, 01 Feb 2021CN„1.6tCN„160.5bCN„41.4b37.4x
Thu, 05 Nov 2020CN„1.5tCN„142.0bCN„36.8b52.4x
Sun, 09 Aug 2020CN„1.4tCN„108.5bCN„22.9b61.4x
Sat, 02 May 2020CN„904.3bCN„91.9bCN„16.0b47x
Tue, 04 Feb 2020CN„709.8bCN„89.7bCN„15.9b43.5x
Fri, 08 Nov 2019CN„620.5bCN„84.4bCN„13.8b42.2x
Thu, 01 Aug 2019CN„532.1bCN„80.8bCN„12.9b39.2x
Sun, 05 May 2019CN„490.4bCN„77.2bCN„11.9b43.2x
Wed, 06 Feb 2019CN„371.1bCN„72.5bCN„10.4b36x
PE Ratio

36x

Total Market Cap: CN„371.1bTotal Earnings: CN„10.4bTotal Revenue: CN„72.5b0%0%0%3 Year10 Year
202020212022

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 43.4x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Medical Equipment industry have grown 71% per year over the last three years, and revenues for these companies have grown 39% 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 Medical Equipment industry?

Medical Equipment5.15%
Medical Supplies4.20%

Industry PE: Investors are most optimistic about the Medical Equipment industry, which is trading close to its 3-year average PE ratio of 44.9x. This is likely because analysts are expecting annual earnings growth of 25%, which is higher than its past year's earnings growth of 16% per year. Meanwhile, investors are most pessimistic about the Medical Supplies industry, which is trading close to its 3-year average of 40.3x.

Forecasted Growth: Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 25% over the next 5 years. This is better than it's past earnings growth rate of 16% per year. Meanwhile, the Medical Supplies industry is expected to see its earnings grow by 15% 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„340.876.9%
+CN„26.5b
-20.0%PE51.9x
2432 Andon HealthCN„74.5319.8%
+CN„5.7b
729.0%PS29.2x
688301 iRay TechnologyCN„455.085.3%
+CN„1.7b
148.8%PE84.1x
300529 Jafron BiomedicalLtdCN„55.502.6%
+CN„1.1b
-29.9%PE40x
2950 Allmed Medical ProductsCN„17.8710.9%
+CN„1.1b
-15.1%PE21.5x
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