Eyebright Medical Technology (Beijing) Co., Ltd. Just Recorded A 22% Revenue Beat: Here's What Analysts Think
Apr 21
Chinese (SSE) Medical Supplies Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies40
- 7D-1.3%
- 3M-4.1%
- 1Y-20.3%
- YTDn/a
Over the last 7 days, the Medical Supplies industry has dropped 1.3%, driven by Micro-Tech (Nanjing)Ltd declining 9.8%. In contrast, Eyebright Medical Technology (Beijing) has gained 5.9%. However, the industry is down 20% over the past year. As for the next few years, earnings are expected to grow by 21% per annum.
Industry Valuation and Performance
Has the Chinese Medical Supplies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | CN¥307.2b | CN¥66.7b | CN¥11.1b | 27.3x | 27.7x | 4.6x |
| Wed, 20 Mar 2024 | CN¥334.9b | CN¥65.4b | CN¥10.8b | 29.4x | 30.9x | 5.1x |
| Fri, 16 Feb 2024 | CN¥313.5b | CN¥68.6b | CN¥11.4b | 26.8x | 27.5x | 4.6x |
| Sun, 14 Jan 2024 | CN¥345.3b | CN¥68.5b | CN¥11.4b | 32.4x | 30.4x | 5x |
| Tue, 12 Dec 2023 | CN¥362.8b | CN¥68.5b | CN¥11.4b | 36.2x | 31.9x | 5.3x |
| Thu, 09 Nov 2023 | CN¥359.9b | CN¥68.5b | CN¥11.4b | 34.9x | 31.7x | 5.3x |
| Sat, 07 Oct 2023 | CN¥344.8b | CN¥71.4b | CN¥11.8b | 28.8x | 29.2x | 4.8x |
| Mon, 04 Sep 2023 | CN¥336.9b | CN¥71.0b | CN¥11.7b | 29.3x | 28.9x | 4.7x |
| Wed, 02 Aug 2023 | CN¥332.9b | CN¥74.3b | CN¥12.7b | 29.5x | 26.3x | 4.5x |
| Fri, 30 Jun 2023 | CN¥331.9b | CN¥74.1b | CN¥12.6b | 30.8x | 26.4x | 4.5x |
| Sun, 28 May 2023 | CN¥350.2b | CN¥74.1b | CN¥12.6b | 31.8x | 27.8x | 4.7x |
| Tue, 25 Apr 2023 | CN¥354.3b | CN¥85.7b | CN¥16.2b | 30.7x | 21.9x | 4.1x |
| Thu, 23 Mar 2023 | CN¥366.4b | CN¥85.8b | CN¥16.1b | 31.6x | 22.7x | 4.3x |
| Sat, 18 Feb 2023 | CN¥394.6b | CN¥85.3b | CN¥17.1b | 34.1x | 23x | 4.6x |
| Mon, 16 Jan 2023 | CN¥394.3b | CN¥85.3b | CN¥17.1b | 34x | 23x | 4.6x |
| Wed, 14 Dec 2022 | CN¥391.0b | CN¥85.3b | CN¥17.1b | 32.8x | 22.8x | 4.6x |
| Fri, 11 Nov 2022 | CN¥392.0b | CN¥85.3b | CN¥17.1b | 34.1x | 22.9x | 4.6x |
| Sun, 09 Oct 2022 | CN¥352.5b | CN¥85.6b | CN¥18.3b | 27.5x | 19.2x | 4.1x |
| Tue, 06 Sep 2022 | CN¥367.8b | CN¥85.1b | CN¥18.3b | 26.9x | 20.1x | 4.3x |
| Thu, 04 Aug 2022 | CN¥371.8b | CN¥85.3b | CN¥21.6b | 28.5x | 17.2x | 4.4x |
| Sat, 02 Jul 2022 | CN¥394.6b | CN¥84.3b | CN¥21.3b | 30.1x | 18.5x | 4.7x |
| Mon, 30 May 2022 | CN¥348.8b | CN¥84.3b | CN¥21.3b | 27.3x | 16.3x | 4.1x |
| Wed, 27 Apr 2022 | CN¥325.1b | CN¥87.5b | CN¥27.1b | 26.3x | 12x | 3.7x |
| Fri, 25 Mar 2022 | CN¥396.9b | CN¥87.6b | CN¥29.6b | 30x | 13.4x | 4.5x |
| Sun, 20 Feb 2022 | CN¥411.5b | CN¥86.6b | CN¥29.7b | 31.7x | 13.8x | 4.8x |
| Tue, 18 Jan 2022 | CN¥513.5b | CN¥86.2b | CN¥29.6b | 38.9x | 17.3x | 6x |
| Thu, 16 Dec 2021 | CN¥448.8b | CN¥83.4b | CN¥28.6b | 35.5x | 15.7x | 5.4x |
| Sat, 13 Nov 2021 | CN¥407.4b | CN¥80.9b | CN¥27.7b | 35.1x | 14.7x | 5x |
| Mon, 11 Oct 2021 | CN¥424.7b | CN¥86.6b | CN¥32.9b | 34.9x | 12.9x | 4.9x |
| Wed, 08 Sep 2021 | CN¥430.1b | CN¥86.6b | CN¥32.9b | 32.8x | 13.1x | 5x |
| Fri, 06 Aug 2021 | CN¥492.7b | CN¥85.9b | CN¥31.6b | 33.9x | 15.6x | 5.7x |
| Mon, 10 May 2021 | CN¥556.7b | CN¥88.0b | CN¥32.7b | 35.5x | 17x | 6.3x |
Price to Earnings Ratio
17x
Current Industry PE
- Investors are optimistic on the Chinese Health Care Supplies industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.7x which is higher than its 3-year average PE of 21.2x.
- The industry is trading close to its 3-year average PS ratio of 4.8x.
Past Earnings Growth
- The earnings for companies in the Health Care Supplies industry have declined 30% per year over the last three years,
- Revenues have also declined 8.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Chinese Medical Supplies compare with similar industries?
| CN Market | -0.40% | |
| Healthcare | -1.76% | |
| Medical Equipment | -1.62% | |
| Medical Supplies | -1.32% | |
| Medical Equipment | -1.73% | |
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 | |
|---|---|---|---|---|---|
| 688050 Eyebright Medical Technology (Beijing) | CN¥139.91 | 10.1% +CN¥1.3b | -33.7% | PE44.8x | |
| 603658 Autobio Diagnostics | CN¥55.58 | 3.4% +CN¥1.0b | -3.0% | PE24.8x | |
| 688253 Innovita Biological Technology | CN¥35.09 | 15.1% +CN¥627.2m | 27.6% | PE17.9x | |
| 301101 Mingyue Optical LensLtd | CN¥27.30 | 8.3% +CN¥421.2m | -39.3% | PE32.1x | |
| 603309 Well Lead Medical | CN¥11.60 | 12.5% +CN¥378.2m | -40.4% | PE17.8x |
