Upgrade: Analysts Just Made A Sizeable Increase To Their Shanghai MicroPort MedBot (Group) Co., Ltd. (HKG:2252) Forecasts
Apr 12
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Hong Kong (HSI) Medical Equipment Industry Analysis
UpdatedApr 25, 2026
DataAggregated Company Financials
Companies40
- 7D-1.2%
- 3M-11.4%
- 1Y26.7%
- YTD0.9%
Over the last 7 days, the Medical Equipment industry has dropped 2.0%, driven by Shanghai MicroPort MedBot (Group) declining 5.1%. Meanwhile, Shanghai Conant Optical actually outperformed within the industry, gaining 8.5% in the last week. This takes the industry's 12 month performance to a gain of 27%. As for the next few years, earnings are expected to grow by 48% per annum.
Industry Valuation and Performance
Has the Hong Kong Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 25 Apr 2026 | HK$251.9b | HK$66.0b | HK$2.5b | 16.4x | 101.1x | 3.8x |
| Mon, 23 Mar 2026 | HK$217.9b | HK$64.2b | HK$2.5b | 15.5x | 87.3x | 3.4x |
| Wed, 18 Feb 2026 | HK$246.7b | HK$63.7b | HK$2.3b | 18.4x | 105x | 3.9x |
| Fri, 16 Jan 2026 | HK$248.6b | HK$63.2b | HK$2.3b | 21.4x | 106.9x | 3.9x |
| Sun, 14 Dec 2025 | HK$197.8b | HK$62.3b | HK$2.5b | 19.1x | 79.7x | 3.2x |
| Tue, 11 Nov 2025 | HK$219.7b | HK$63.0b | HK$3.1b | 20.8x | 71.6x | 3.5x |
| Thu, 09 Oct 2025 | HK$243.5b | HK$62.9b | HK$3.0b | 20.5x | 82x | 3.9x |
| Sat, 06 Sep 2025 | HK$232.2b | HK$62.8b | HK$2.9b | 22.2x | 79.2x | 3.7x |
| Mon, 04 Aug 2025 | HK$220.3b | HK$61.8b | HK$3.2b | 24.2x | 68.8x | 3.6x |
| Wed, 02 Jul 2025 | HK$186.9b | HK$62.1b | HK$3.2b | 22.2x | 57.9x | 3x |
| Fri, 30 May 2025 | HK$170.8b | HK$61.9b | HK$3.2b | 21.7x | 53.2x | 2.8x |
| Sun, 27 Apr 2025 | HK$165.0b | HK$60.7b | HK$3.1b | 22.4x | 52.8x | 2.7x |
| Tue, 25 Mar 2025 | HK$169.3b | HK$59.0b | HK$860.5m | 18.8x | 196.7x | 2.9x |
| Thu, 20 Feb 2025 | HK$156.9b | HK$58.0b | HK$1.2b | 17.5x | 132.2x | 2.7x |
| Sat, 18 Jan 2025 | HK$130.6b | HK$57.8b | HK$1.2b | 19x | 112.3x | 2.3x |
| Mon, 16 Dec 2024 | HK$137.4b | HK$58.0b | HK$1.2b | 15x | 115.6x | 2.4x |
| Wed, 13 Nov 2024 | HK$138.0b | HK$58.2b | HK$1.2b | 16.5x | 114x | 2.4x |
| Fri, 11 Oct 2024 | HK$145.0b | HK$59.2b | HK$1.4b | 13.8x | 105.8x | 2.4x |
| Sun, 08 Sep 2024 | HK$117.0b | HK$59.2b | HK$1.3b | 11.4x | 91.4x | 2x |
| Tue, 06 Aug 2024 | HK$116.0b | HK$54.5b | -HK$1,058,892,492.42 | 12.1x | -109.6x | 2.1x |
| Thu, 04 Jul 2024 | HK$124.4b | HK$53.9b | -HK$1,100,197,986.28 | 12.6x | -113.1x | 2.3x |
| Sat, 01 Jun 2024 | HK$140.1b | HK$54.1b | -HK$1,093,934,072.24 | 13.4x | -128.1x | 2.6x |
| Mon, 29 Apr 2024 | HK$149.8b | HK$54.2b | -HK$1,096,031,155.33 | 15x | -136.7x | 2.8x |
| Wed, 27 Mar 2024 | HK$147.7b | HK$53.1b | -HK$848,006,613.25 | 11.9x | -174.1x | 2.8x |
| Fri, 23 Feb 2024 | HK$160.2b | HK$52.8b | -HK$1,115,324,350.57 | 12.6x | -143.6x | 3x |
| Sun, 21 Jan 2024 | HK$166.7b | HK$53.8b | -HK$2,339,699,658.00 | 12.6x | -71.2x | 3.1x |
| Tue, 19 Dec 2023 | HK$197.1b | HK$53.6b | -HK$2,342,993,469.00 | 15x | -84.1x | 3.7x |
| Thu, 16 Nov 2023 | HK$218.3b | HK$53.1b | -HK$2,336,187,881.00 | 17.7x | -93.4x | 4.1x |
| Sat, 14 Oct 2023 | HK$206.8b | HK$52.8b | -HK$2,343,837,354.00 | 20.6x | -88.2x | 3.9x |
| Mon, 11 Sep 2023 | HK$216.3b | HK$52.8b | -HK$2,349,238,765.00 | 15.6x | -92.1x | 4.1x |
| Wed, 09 Aug 2023 | HK$233.0b | HK$50.9b | -HK$3,931,601,395.00 | 18.7x | -59.3x | 4.6x |
| Fri, 07 Jul 2023 | HK$242.0b | HK$50.8b | -HK$3,933,390,662.00 | 19.4x | -61.5x | 4.8x |
| Sun, 04 Jun 2023 | HK$255.1b | HK$51.7b | -HK$3,963,610,343.00 | 19.5x | -64.4x | 4.9x |
| Tue, 02 May 2023 | HK$295.9b | HK$52.7b | -HK$3,990,833,917.00 | 23.3x | -74.1x | 5.6x |
Price to Earnings Ratio
-74.1x
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 101x which is higher than its 3-year average PE of 6.6x.
- The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 3.8x.
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 7.8% 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 Market | 0.15% | |
| Healthcare | -5.66% | |
| Medical Equipment | -1.22% | |
| Medical Supplies | 4.55% | |
| Medical Equipment | -2.98% | |
Industry PE
- Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio of 14.8x.
- Analysts are expecting annual earnings growth of 17.4%, 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 60% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2276 Shanghai Conant Optical | HK$51.20 | 8.5% +HK$2.0b | 115.1% | PE40.6x | |
| 1066 Shandong Weigao Group Medical Polymer | HK$3.72 | 2.5% +HK$406.0m | -33.8% | PE9.1x | |
| 2526 Hangzhou Diagens Biotechnology | HK$286.00 | 1.3% +HK$337.7m | n/a | PS134.9x | |
| 1302 LifeTech Scientific | HK$1.97 | 3.7% +HK$324.2m | 34.9% | PE53.9x | |
| 1763 China Isotope & Radiation | HK$18.83 | 4.0% +HK$233.5m | 63.5% | PE16.1x |
