What Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) 32% Share Price Gain Is Not Telling You
Dec 20
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Chinese (SSE) Medical Supplies Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies42
- 7D-1.8%
- 3M26.6%
- 1Y-1.6%
- YTDn/a
Over the last 7 days, the Medical Supplies industry has dropped 4.6%, driven by Shenzhen New Industries Biomedical Engineering declining 7.1%. Meanwhile, Shandong Pharmaceutical GlassLtd actually outperformed within the industry, gaining 6.9% in the last week. The industry has fallen 3.8% in the last year. Earnings are forecast to grow by 27% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | CN¥357.9b | CN¥73.6b | CN¥8.4b | 27.4x | 42.6x | 4.9x |
| Tue, 19 Nov 2024 | CN¥346.8b | CN¥73.6b | CN¥8.4b | 27.3x | 41.3x | 4.7x |
| Thu, 17 Oct 2024 | CN¥322.7b | CN¥70.0b | CN¥9.3b | 28x | 34.7x | 4.6x |
| Sat, 14 Sep 2024 | CN¥285.2b | CN¥70.0b | CN¥9.3b | 23.8x | 30.8x | 4.1x |
| Mon, 12 Aug 2024 | CN¥290.4b | CN¥67.4b | CN¥9.0b | 24.6x | 32.3x | 4.3x |
| Wed, 10 Jul 2024 | CN¥279.1b | CN¥67.3b | CN¥9.0b | 24.3x | 31.1x | 4.1x |
| Fri, 07 Jun 2024 | CN¥302.7b | CN¥66.5b | CN¥8.8b | 24x | 34.3x | 4.6x |
| Sun, 05 May 2024 | CN¥330.1b | CN¥66.4b | CN¥8.8b | 28.5x | 37.4x | 5x |
| Tue, 02 Apr 2024 | CN¥320.1b | CN¥65.5b | CN¥10.9b | 28.7x | 29.4x | 4.9x |
| Thu, 29 Feb 2024 | CN¥323.8b | CN¥67.3b | CN¥11.1b | 26.4x | 29.2x | 4.8x |
| Sat, 27 Jan 2024 | CN¥321.2b | CN¥68.5b | CN¥11.4b | 29.9x | 28.2x | 4.7x |
| Mon, 25 Dec 2023 | CN¥346.5b | CN¥68.5b | CN¥11.4b | 30.8x | 30.5x | 5.1x |
| Wed, 22 Nov 2023 | CN¥354.0b | CN¥68.5b | CN¥11.4b | 33.1x | 31.1x | 5.2x |
| Fri, 20 Oct 2023 | CN¥328.6b | CN¥71.6b | CN¥11.9b | 27x | 27.7x | 4.6x |
| Sun, 17 Sep 2023 | CN¥344.9b | CN¥71.4b | CN¥11.8b | 28.5x | 29.2x | 4.8x |
| Tue, 15 Aug 2023 | CN¥338.2b | CN¥76.0b | CN¥13.6b | 27x | 25x | 4.5x |
| Thu, 13 Jul 2023 | CN¥334.4b | CN¥74.1b | CN¥12.6b | 30.1x | 26.5x | 4.5x |
| Sat, 10 Jun 2023 | CN¥336.2b | CN¥74.1b | CN¥12.6b | 28.6x | 26.7x | 4.5x |
| Mon, 08 May 2023 | CN¥342.4b | CN¥74.5b | CN¥12.8b | 31.4x | 26.8x | 4.6x |
| Wed, 05 Apr 2023 | CN¥363.1b | CN¥85.8b | CN¥16.1b | 31x | 22.5x | 4.2x |
| Fri, 03 Mar 2023 | CN¥383.8b | CN¥85.9b | CN¥16.1b | 32.8x | 23.8x | 4.5x |
| Sun, 29 Jan 2023 | CN¥392.7b | CN¥85.3b | CN¥17.1b | 33.3x | 22.9x | 4.6x |
| Tue, 27 Dec 2022 | CN¥364.8b | CN¥85.3b | CN¥17.1b | 30.9x | 21.3x | 4.3x |
| Thu, 24 Nov 2022 | CN¥374.4b | CN¥85.3b | CN¥17.1b | 32.4x | 21.9x | 4.4x |
| Sat, 22 Oct 2022 | CN¥419.0b | CN¥86.1b | CN¥18.2b | 30.2x | 23x | 4.9x |
| Mon, 19 Sep 2022 | CN¥352.8b | CN¥85.6b | CN¥18.3b | 27x | 19.2x | 4.1x |
| Wed, 17 Aug 2022 | CN¥381.5b | CN¥85.3b | CN¥21.6b | 29.6x | 17.7x | 4.5x |
| Fri, 15 Jul 2022 | CN¥393.5b | CN¥84.8b | CN¥21.4b | 31.3x | 18.4x | 4.6x |
| Sun, 12 Jun 2022 | CN¥371.0b | CN¥84.3b | CN¥21.3b | 28.8x | 17.4x | 4.4x |
| Tue, 10 May 2022 | CN¥345.9b | CN¥84.3b | CN¥21.3b | 28.5x | 16.2x | 4.1x |
| Thu, 07 Apr 2022 | CN¥392.2b | CN¥88.1b | CN¥29.7b | 30x | 13.2x | 4.5x |
| Sat, 05 Mar 2022 | CN¥418.9b | CN¥87.3b | CN¥29.6b | 32.7x | 14.2x | 4.8x |
| Mon, 31 Jan 2022 | CN¥406.9b | CN¥86.7b | CN¥29.8b | 33.3x | 13.6x | 4.7x |
| Wed, 29 Dec 2021 | CN¥459.3b | CN¥85.4b | CN¥29.4b | 37.6x | 15.6x | 5.4x |
Price to Earnings Ratio
15.6x
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 42.1x which is higher than its 3-year average PE of 25.6x.
- The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Health Care Supplies industry have declined 34% per year over the last three years,
- Revenues have also declined 4.9% 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 | -1.18% | |
| Healthcare | -2.08% | |
| Medical Equipment | -2.75% | |
| Medical Supplies | -1.81% | |
| Medical Equipment | -3.14% | |
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 | |
|---|---|---|---|---|---|
| 600529 Shandong Pharmaceutical GlassLtd | CN¥27.72 | 6.9% +CN¥1.2b | 11.5% | PE20.9x | |
| 300622 Doctorglasses ChainLtd | CN¥57.07 | 12.3% +CN¥1.1b | 199.3% | PE87.8x | |
| 301101 Mingyue Optical LensLtd | CN¥47.63 | 9.3% +CN¥811.0m | 22.4% | PE55.5x | |
| 301371 Harbin Fuerjia Technology | CN¥38.67 | 2.5% +CN¥380.1m | 2.1% | PE21.3x | |
| 688016 Shanghai MicroPort Endovascular MedTech | CN¥118.29 | 1.6% +CN¥228.8m | -2.5% | PE22x |
