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Hong Kong (HSI) Medical Equipment Industry Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies40
  • 7D3.6%
  • 3M-10.7%
  • 1Y28.0%
  • YTD-1.8%

In the last week, the Medical Equipment industry is up 3.6%, with Hangzhou Diagens Biotechnology up 24%. During this same period, the Shenzhen Edge Medical underperformed, falling 5.6%. This takes the industry's 12 month performance to a gain of 28%. Looking forward, earnings are forecast to grow by 49% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Apr 2026HK$245.3bHK$66.0bHK$2.5b16.5x98.4x3.7x
Thu, 12 Mar 2026HK$229.7bHK$64.0bHK$2.4b16.2x96.3x3.6x
Sat, 07 Feb 2026HK$237.4bHK$63.5bHK$2.3b18.4x101.5x3.7x
Mon, 05 Jan 2026HK$201.4bHK$62.7bHK$2.5b19.8x80.3x3.2x
Wed, 03 Dec 2025HK$215.6bHK$63.4bHK$3.1b19.4x69.6x3.4x
Fri, 31 Oct 2025HK$220.8bHK$62.8bHK$3.0b20x74.4x3.5x
Sun, 28 Sep 2025HK$215.6bHK$62.8bHK$3.0b20.2x72.8x3.4x
Tue, 26 Aug 2025HK$234.1bHK$62.3bHK$3.4b24.9x68.6x3.8x
Thu, 24 Jul 2025HK$201.3bHK$62.1bHK$3.2b20.1x62.3x3.2x
Sat, 21 Jun 2025HK$179.4bHK$62.0bHK$3.2b22x55.7x2.9x
Mon, 19 May 2025HK$164.2bHK$61.6bHK$3.2b21.2x51.5x2.7x
Wed, 16 Apr 2025HK$155.6bHK$60.6bHK$3.1b20.2x50x2.6x
Fri, 14 Mar 2025HK$164.6bHK$58.6bHK$573.9m20.7x286.8x2.8x
Sun, 09 Feb 2025HK$147.4bHK$58.0bHK$1.2b17.7x124.5x2.5x
Tue, 07 Jan 2025HK$133.3bHK$57.7bHK$1.2b16.1x114.4x2.3x
Thu, 05 Dec 2024HK$133.5bHK$58.1bHK$1.2b15.3x111.9x2.3x
Sat, 02 Nov 2024HK$134.8bHK$58.8bHK$1.3b15.7x106.3x2.3x
Mon, 30 Sep 2024HK$137.4bHK$59.5bHK$1.3b13.6x103x2.3x
Wed, 28 Aug 2024HK$117.3bHK$55.4b-HK$737,667,383.6411.6x-159.1x2.1x
Fri, 26 Jul 2024HK$117.0bHK$54.1b-HK$1,089,229,853.1612.4x-107.4x2.2x
Sun, 23 Jun 2024HK$128.3bHK$53.9b-HK$1,095,953,290.7512.9x-117.1x2.4x
Tue, 21 May 2024HK$158.7bHK$54.0b-HK$1,088,546,652.9615.7x-145.8x2.9x
Thu, 18 Apr 2024HK$140.8bHK$54.2b-HK$1,094,350,942.5413.6x-128.6x2.6x
Sat, 16 Mar 2024HK$155.0bHK$52.7b-HK$1,043,514,658.8912.2x-148.6x2.9x
Mon, 12 Feb 2024HK$151.3bHK$53.4b-HK$2,428,876,600.4711.7x-62.3x2.8x
Wed, 10 Jan 2024HK$185.5bHK$53.7b-HK$2,339,229,345.0014x-79.3x3.5x
Fri, 08 Dec 2023HK$195.5bHK$53.7b-HK$2,341,108,526.0015.6x-83.5x3.6x
Sun, 05 Nov 2023HK$209.6bHK$52.9b-HK$2,342,093,159.0021x-89.5x4x
Tue, 03 Oct 2023HK$209.2bHK$52.9b-HK$2,346,270,030.0015.8x-89.2x4x
Thu, 31 Aug 2023HK$218.5bHK$52.0b-HK$3,323,663,867.0015.2x-65.7x4.2x
Sat, 29 Jul 2023HK$257.0bHK$51.2b-HK$3,933,517,118.0020.5x-65.3x5x
Mon, 26 Jun 2023HK$231.5bHK$51.2b-HK$3,947,583,322.0018.8x-58.6x4.5x
Wed, 24 May 2023HK$268.6bHK$51.9b-HK$3,966,368,127.0020.6x-67.7x5.2x
Fri, 21 Apr 2023HK$305.8bHK$53.2b-HK$4,235,221,948.0023.5x-72.2x5.7x
Price to Earnings Ratio

-72.2x


Total Market Cap: HK$305.8bTotal Earnings: -HK$4,235,221,948.00Total Revenue: HK$53.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Medical Equipment Industry Price to Earnings3Y Average 5x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Medical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 98.4x which is higher than its 3-year average PE of 5.0x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • Total earnings for the Medical Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 7.5% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Healthcare industry?

HK Market1.79%
Healthcare-2.51%
Medical Equipment3.64%
Medical Equipment3.70%
Medical Supplies3.45%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio of 14.9x.
    • Analysts are expecting annual earnings growth of 16.9%, which is higher than its past year's earnings growth of 9.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 62% over the next 5 years.
  • This is better than its past earnings growth rate of 24% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 17% 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
2252 Shanghai MicroPort MedBot (Group)HK$30.3014.5%
+HK$4.0b
85.2%PS49.4x
2526 Hangzhou Diagens BiotechnologyHK$277.0018.4%
+HK$3.8b
n/aPS130.3x
2276 Shanghai Conant OpticalHK$47.6012.0%
+HK$2.6b
103.0%PE37.7x
6699 Angelalign TechnologyHK$85.359.8%
+HK$1.3b
75.4%PE65.5x
1501 Shanghai INT Medical InstrumentsHK$40.0017.2%
+HK$1.2b
49.5%PE35.4x

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