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Chinese (SSE) Medical Equipment Industry Analysis
UpdatedAug 19, 2026
DataAggregated Company Financials
Companies65
- 7D0.3%
- 3M-7.2%
- 1Y-20.1%
- YTDn/a
The Medical Equipment is pretty flat in the last 7 days, but Qingdao NovelBeam TechnologyLtd has stood out, gaining 27%. Unfortunately though, the industry is down 21% over the past 12 months. Earnings are forecast to grow by 22% 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 |
|---|---|---|---|---|---|---|
| Wed, 19 Aug 2026 | CN¥787.1b | CN¥151.4b | CN¥22.0b | 41.1x | 35.8x | 5.2x |
| Fri, 17 Jul 2026 | CN¥787.8b | CN¥151.0b | CN¥21.9b | 40.7x | 35.9x | 5.2x |
| Sun, 14 Jun 2026 | CN¥786.9b | CN¥154.6b | CN¥21.9b | 40.7x | 35.9x | 5.1x |
| Tue, 12 May 2026 | CN¥884.7b | CN¥154.2b | CN¥21.6b | 47.5x | 40.9x | 5.7x |
| Thu, 09 Apr 2026 | CN¥873.7b | CN¥149.3b | CN¥21.6b | 45.3x | 40.4x | 5.9x |
| Sat, 07 Mar 2026 | CN¥897.1b | CN¥148.9b | CN¥22.2b | 44.6x | 40.4x | 6x |
| Mon, 02 Feb 2026 | CN¥903.3b | CN¥146.1b | CN¥21.9b | 44.5x | 41.2x | 6.2x |
| Wed, 31 Dec 2025 | CN¥866.4b | CN¥145.8b | CN¥21.8b | 41.6x | 39.7x | 5.9x |
| Fri, 28 Nov 2025 | CN¥873.4b | CN¥145.8b | CN¥21.8b | 41.1x | 40x | 6x |
| Sun, 26 Oct 2025 | CN¥945.1b | CN¥143.8b | CN¥22.3b | 44.2x | 42.4x | 6.6x |
| Tue, 23 Sep 2025 | CN¥958.0b | CN¥143.8b | CN¥22.4b | 46x | 42.7x | 6.7x |
| Thu, 21 Aug 2025 | CN¥963.9b | CN¥145.6b | CN¥24.2b | 50.1x | 39.9x | 6.6x |
| Sat, 19 Jul 2025 | CN¥879.5b | CN¥145.6b | CN¥24.3b | 42.4x | 36.3x | 6x |
| Mon, 16 Jun 2025 | CN¥871.2b | CN¥145.6b | CN¥24.3b | 40.1x | 35.9x | 6x |
| Wed, 14 May 2025 | CN¥861.4b | CN¥142.0b | CN¥23.9b | 43x | 36x | 6.1x |
| Fri, 11 Apr 2025 | CN¥820.0b | CN¥143.4b | CN¥25.8b | 39.9x | 31.8x | 5.7x |
| Sun, 09 Mar 2025 | CN¥876.3b | CN¥143.5b | CN¥25.9b | 43.4x | 33.9x | 6.1x |
| Tue, 04 Feb 2025 | CN¥823.3b | CN¥143.2b | CN¥26.1b | 39.3x | 31.5x | 5.7x |
| Thu, 02 Jan 2025 | CN¥852.4b | CN¥143.2b | CN¥26.1b | 37.7x | 32.6x | 6x |
| Sat, 30 Nov 2024 | CN¥888.6b | CN¥143.2b | CN¥26.1b | 41.2x | 34x | 6.2x |
| Mon, 28 Oct 2024 | CN¥910.9b | CN¥143.2b | CN¥26.4b | 35.6x | 34.5x | 6.4x |
| Wed, 25 Sep 2024 | CN¥748.7b | CN¥143.7b | CN¥27.1b | 28.8x | 27.6x | 5.2x |
| Fri, 23 Aug 2024 | CN¥784.7b | CN¥144.3b | CN¥27.6b | 29.5x | 28.5x | 5.4x |
| Sun, 21 Jul 2024 | CN¥867.1b | CN¥146.9b | CN¥27.9b | 30.9x | 31.1x | 5.9x |
| Tue, 18 Jun 2024 | CN¥907.6b | CN¥146.9b | CN¥27.9b | 32.4x | 32.6x | 6.2x |
| Thu, 16 May 2024 | CN¥975.7b | CN¥146.7b | CN¥27.8b | 34.1x | 35.1x | 6.6x |
| Sat, 13 Apr 2024 | CN¥880.2b | CN¥147.3b | CN¥29.1b | 28.9x | 30.2x | 6x |
| Mon, 11 Mar 2024 | CN¥936.1b | CN¥152.7b | CN¥29.7b | 29.9x | 31.5x | 6.1x |
| Wed, 07 Feb 2024 | CN¥910.9b | CN¥152.6b | CN¥29.7b | 23.9x | 30.7x | 6x |
| Fri, 05 Jan 2024 | CN¥1.0t | CN¥152.7b | CN¥28.5b | 34x | 35.3x | 6.6x |
| Sun, 03 Dec 2023 | CN¥1.0t | CN¥154.9b | CN¥29.5b | 37.7x | 34.7x | 6.6x |
| Tue, 31 Oct 2023 | CN¥976.4b | CN¥155.6b | CN¥30.3b | 33.9x | 32.2x | 6.3x |
| Thu, 28 Sep 2023 | CN¥950.9b | CN¥155.3b | CN¥30.1b | 33.3x | 31.6x | 6.1x |
| Sat, 26 Aug 2023 | CN¥914.9b | CN¥157.4b | CN¥31.8b | 29.6x | 28.8x | 5.8x |
Price to Earnings Ratio
28.8x
Current Industry PE
- Investors are relatively neutral on the Chinese Healthcare Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 35.1x.
- The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have declined 12% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Chinese Medical Equipment compare with similar industries?
| CN Market | 2.50% | |
| Healthcare | -0.056% | |
| Medical Equipment | 0.62% | |
| Medical Equipment | 0.26% | |
| Medical Supplies | 1.52% | |
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 | |
|---|---|---|---|---|---|
| 688617 APT Medical | CN¥228.49 | 5.8% +CN¥1.8b | -19.7% | PE37.2x | |
| 688677 Qingdao NovelBeam TechnologyLtd | CN¥86.23 | 9.0% +CN¥841.0m | 84.3% | PE59.6x | |
| 300314 Ningbo David Medical Device | CN¥13.84 | 23.5% +CN¥757.4m | -6.6% | PE53.6x | |
| 688301 iRay Group | CN¥96.33 | 1.9% +CN¥560.8m | 22.4% | PE41.8x | |
| 300246 Guangdong Biolight Meditech | CN¥18.58 | 1.4% +CN¥68.0m | 92.9% | PS4.4x |