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Chinese (SSE) Medical Equipment Industry Analysis
UpdatedSep 21, 2025
DataAggregated Company Financials
Companies64
- 7D-2.1%
- 3M13.9%
- 1Y28.0%
- YTDn/a
Over the last 7 days, the Medical Equipment industry has dropped 2.1%, driven by Shenzhen Mindray Bio-Medical Electronics declining 2.5%. On the other hand Zhende Medical is actually up 12%. This takes the industry's 12 month performance to a gain of 28%. Earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Chinese Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Sep 2025 | CN¥959.4b | CN¥143.8b | CN¥22.4b | 45.8x | 42.7x | 6.7x |
| Tue, 19 Aug 2025 | CN¥968.8b | CN¥145.8b | CN¥24.3b | 50.1x | 39.9x | 6.6x |
| Thu, 17 Jul 2025 | CN¥860.4b | CN¥145.6b | CN¥24.3b | 42x | 35.5x | 5.9x |
| Sat, 14 Jun 2025 | CN¥871.2b | CN¥145.6b | CN¥24.3b | 40.1x | 35.9x | 6x |
| Mon, 12 May 2025 | CN¥842.0b | CN¥142.0b | CN¥23.9b | 42.4x | 35.2x | 5.9x |
| Wed, 09 Apr 2025 | CN¥802.0b | CN¥143.3b | CN¥25.7b | 36.8x | 31.2x | 5.6x |
| Fri, 07 Mar 2025 | CN¥889.0b | CN¥143.5b | CN¥25.9b | 44.4x | 34.4x | 6.2x |
| Sun, 02 Feb 2025 | CN¥823.3b | CN¥143.2b | CN¥26.1b | 39.3x | 31.5x | 5.7x |
| Tue, 31 Dec 2024 | CN¥863.2b | CN¥143.2b | CN¥26.1b | 38.7x | 33x | 6x |
| Thu, 28 Nov 2024 | CN¥897.8b | CN¥143.2b | CN¥26.1b | 40.4x | 34.3x | 6.3x |
| Sat, 26 Oct 2024 | CN¥910.9b | CN¥144.2b | CN¥27.2b | 35.6x | 33.5x | 6.3x |
| Mon, 23 Sep 2024 | CN¥730.1b | CN¥143.7b | CN¥27.1b | 27.6x | 26.9x | 5.1x |
| Wed, 21 Aug 2024 | CN¥792.7b | CN¥144.2b | CN¥27.6b | 31x | 28.8x | 5.5x |
| Fri, 19 Jul 2024 | CN¥864.9b | CN¥146.9b | CN¥27.9b | 30.3x | 31x | 5.9x |
| Sun, 16 Jun 2024 | CN¥911.9b | CN¥146.9b | CN¥27.9b | 31.9x | 32.7x | 6.2x |
| Tue, 14 May 2024 | CN¥977.2b | CN¥146.7b | CN¥27.8b | 34.4x | 35.2x | 6.7x |
| Thu, 11 Apr 2024 | CN¥889.6b | CN¥147.3b | CN¥29.1b | 29.3x | 30.5x | 6x |
| Sat, 09 Mar 2024 | CN¥936.1b | CN¥152.7b | CN¥29.7b | 29.9x | 31.5x | 6.1x |
| Mon, 05 Feb 2024 | CN¥853.4b | CN¥152.7b | CN¥28.5b | 23.8x | 30x | 5.6x |
| Wed, 03 Jan 2024 | CN¥1.0t | CN¥152.7b | CN¥28.5b | 35.3x | 35.5x | 6.6x |
| Fri, 01 Dec 2023 | CN¥1.0t | CN¥154.9b | CN¥29.5b | 37.5x | 34.8x | 6.6x |
| Sun, 29 Oct 2023 | CN¥940.4b | CN¥154.8b | CN¥29.6b | 33.1x | 31.8x | 6.1x |
| Tue, 26 Sep 2023 | CN¥949.3b | CN¥155.3b | CN¥30.1b | 33.1x | 31.6x | 6.1x |
| Thu, 24 Aug 2023 | CN¥903.5b | CN¥157.1b | CN¥31.6b | 30.9x | 28.6x | 5.8x |
| Sat, 22 Jul 2023 | CN¥1.0t | CN¥156.7b | CN¥31.9b | 33.8x | 32.2x | 6.6x |
| Mon, 19 Jun 2023 | CN¥1.1t | CN¥156.7b | CN¥31.9b | 36.7x | 33.7x | 6.9x |
| Wed, 17 May 2023 | CN¥1.1t | CN¥156.1b | CN¥31.9b | 36.7x | 33.7x | 6.9x |
| Fri, 14 Apr 2023 | CN¥1.1t | CN¥168.0b | CN¥46.6b | 40.1x | 23.7x | 6.6x |
| Sun, 12 Mar 2023 | CN¥1.1t | CN¥167.3b | CN¥46.9b | 39.1x | 23.5x | 6.6x |
| Tue, 07 Feb 2023 | CN¥1.1t | CN¥166.2b | CN¥47.0b | 36.8x | 24.3x | 6.9x |
| Thu, 05 Jan 2023 | CN¥1.1t | CN¥166.2b | CN¥47.0b | 34.7x | 23.6x | 6.7x |
| Sat, 03 Dec 2022 | CN¥1.1t | CN¥165.9b | CN¥46.9b | 37.4x | 24.4x | 6.9x |
| Mon, 31 Oct 2022 | CN¥1.1t | CN¥162.7b | CN¥45.9b | 38.5x | 24.5x | 6.9x |
| Wed, 28 Sep 2022 | CN¥972.5b | CN¥156.5b | CN¥43.9b | 31x | 22.1x | 6.2x |
Price to Earnings Ratio
22.1x
Current Industry PE
- Investors are optimistic on the Chinese Healthcare Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 42.7x which is higher than its 3-year average PE of 31.3x.
- The industry is trading close to its 3-year average PS ratio of 6.3x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have declined 20% per year over the last three years,
- Revenues have also declined 2.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Chinese Medical Equipment compare with similar industries?
| CN Market | -0.13% | |
| Healthcare | -1.95% | |
| Medical Equipment | -2.10% | |
| Medical Equipment | -2.10% | |
| Medical Supplies | -2.08% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 603301 Zhende Medical | CN¥39.95 | 12.1% +CN¥1.1b | 100.6% | PE30.2x | |
| 300358 Truking Technology | CN¥8.67 | 6.4% +CN¥307.0m | 46.2% | PS0.9x | |
| 600587 Shinva Medical InstrumentLtd | CN¥16.66 | 3.0% +CN¥291.2m | 5.8% | PE15.8x | |
| 688301 iRay Group | CN¥112.66 | 1.1% +CN¥236.1m | 80.2% | PE45.8x | |
| 688677 Qingdao NovelBeam TechnologyLtd | CN¥47.33 | 4.3% +CN¥231.1m | 81.2% | PE40.3x |