Have your own idea? Try our Stock Screener
Hong Kong (HSI) Medical Equipment Industry Analysis
UpdatedJun 15, 2026
DataAggregated Company Financials
Companies41
- 7D-3.7%
- 3M-19.3%
- 1Y-10.2%
- YTD-16.1%
Over the last 7 days, the Medical Equipment industry has dropped 3.7%, driven by declines in Shanghai MicroPort MedBot (Group) and Shenzhen Edge Medical of 6.3% and 8.9%, respectively. On the other hand Hangzhou Diagens Biotechnology is actually up 5.4%. Overall the industry is down 10% in 12 months. Looking forward, earnings are forecast to grow by 45% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 15 Jun 2026 | HK$218.7b | HK$67.8b | HK$4.9b | 16x | 44.6x | 3.2x |
| Wed, 13 May 2026 | HK$247.6b | HK$66.3b | HK$2.5b | 16x | 98.4x | 3.7x |
| Fri, 10 Apr 2026 | HK$245.7b | HK$66.0b | HK$2.5b | 17x | 98.7x | 3.7x |
| Sun, 08 Mar 2026 | HK$231.2b | HK$63.8b | HK$2.4b | 16.6x | 97.4x | 3.6x |
| Tue, 03 Feb 2026 | HK$236.4b | HK$63.5b | HK$2.3b | 18.7x | 101.2x | 3.7x |
| Thu, 01 Jan 2026 | HK$200.0b | HK$62.6b | HK$2.5b | 19.5x | 79.9x | 3.2x |
| Sat, 29 Nov 2025 | HK$213.2b | HK$63.3b | HK$3.1b | 19.4x | 68.9x | 3.4x |
| Mon, 27 Oct 2025 | HK$220.8b | HK$62.8b | HK$3.0b | 20.7x | 74.5x | 3.5x |
| Wed, 24 Sep 2025 | HK$222.8b | HK$62.9b | HK$3.0b | 20.8x | 75x | 3.5x |
| Fri, 22 Aug 2025 | HK$232.7b | HK$62.1b | HK$3.4b | 24.8x | 69.4x | 3.7x |
| Sun, 20 Jul 2025 | HK$200.5b | HK$62.0b | HK$3.2b | 19.9x | 62.3x | 3.2x |
| Tue, 17 Jun 2025 | HK$188.1b | HK$62.0b | HK$3.2b | 21.8x | 58.4x | 3x |
| Thu, 15 May 2025 | HK$166.3b | HK$61.5b | HK$3.2b | 21.5x | 52.1x | 2.7x |
| Sat, 12 Apr 2025 | HK$155.5b | HK$60.6b | HK$3.1b | 20.3x | 49.8x | 2.6x |
| Mon, 10 Mar 2025 | HK$167.8b | HK$58.1b | HK$1.2b | 20.9x | 142.1x | 2.9x |
| Wed, 05 Feb 2025 | HK$146.7b | HK$58.2b | HK$1.2b | 17.4x | 121.8x | 2.5x |
| Fri, 03 Jan 2025 | HK$133.2b | HK$57.8b | HK$1.2b | 16.6x | 113.1x | 2.3x |
| Sun, 01 Dec 2024 | HK$133.4b | HK$58.2b | HK$1.2b | 15.7x | 110.7x | 2.3x |
| Tue, 29 Oct 2024 | HK$141.0b | HK$58.9b | HK$1.3b | 14.4x | 105x | 2.4x |
| Thu, 26 Sep 2024 | HK$123.9b | HK$59.5b | HK$1.3b | 12.6x | 93.3x | 2.1x |
| Sat, 24 Aug 2024 | HK$114.9b | HK$55.2b | -HK$890,978,743.67 | 12.1x | -129x | 2.1x |
| Mon, 22 Jul 2024 | HK$121.7b | HK$53.9b | -HK$1,099,310,967.09 | 12.4x | -110.7x | 2.3x |
| Wed, 19 Jun 2024 | HK$134.7b | HK$54.0b | -HK$1,095,242,536.34 | 13.1x | -123x | 2.5x |
| Fri, 17 May 2024 | HK$157.9b | HK$54.2b | -HK$1,085,195,593.33 | 15.6x | -145.5x | 2.9x |
| Sun, 14 Apr 2024 | HK$144.2b | HK$54.3b | -HK$1,095,677,485.06 | 13.8x | -131.6x | 2.7x |
| Tue, 12 Mar 2024 | HK$154.5b | HK$52.8b | -HK$1,041,398,656.74 | 11.6x | -148.4x | 2.9x |
| Thu, 08 Feb 2024 | HK$150.7b | HK$53.6b | -HK$2,430,271,265.54 | 11.5x | -62x | 2.8x |
| Sat, 06 Jan 2024 | HK$188.9b | HK$53.7b | -HK$2,341,611,546.00 | 14.4x | -80.7x | 3.5x |
| Mon, 04 Dec 2023 | HK$210.4b | HK$53.7b | -HK$2,345,436,488.00 | 16.9x | -89.7x | 3.9x |
| Wed, 01 Nov 2023 | HK$208.6b | HK$52.9b | -HK$2,341,229,365.00 | 18.6x | -89.1x | 3.9x |
| Fri, 29 Sep 2023 | HK$209.6b | HK$52.9b | -HK$2,344,635,616.00 | 16.7x | -89.4x | 4x |
| Sun, 27 Aug 2023 | HK$217.8b | HK$51.7b | -HK$3,491,743,814.00 | 17.6x | -62.4x | 4.2x |
| Tue, 25 Jul 2023 | HK$245.5b | HK$51.1b | -HK$3,936,770,245.00 | 19.3x | -62.4x | 4.8x |
| Thu, 22 Jun 2023 | HK$238.0b | HK$51.2b | -HK$3,944,989,289.00 | 19x | -60.3x | 4.7x |
Price to Earnings Ratio
-60.3x
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 44.6x which is higher than its 3-year average PE of 13.4x.
- The industry is trading close to its 3-year average PS ratio of 3.2x.
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 9.9% 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 | 0.19% | |
| Healthcare | -1.00% | |
| Medical Equipment | -3.75% | |
| Medical Supplies | -2.85% | |
| Medical Equipment | -4.02% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 55.3%, which is higher than its past year's earnings growth of 33.7% per year.
- Investors are most pessimistic about the Medical Supplies industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.7x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 55% over the next 5 years.
- This is better than its past earnings growth rate of 34% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| 2526 Hangzhou Diagens Biotechnology | HK$326.00 | 5.4% +HK$1.5b | n/a | PS152.2x | |
| 2172 MicroPort NeuroScientific | HK$9.59 | 9.0% +HK$453.5m | -26.8% | PE25.8x | |
| 1501 Shanghai INT Medical Instruments | HK$31.84 | 6.2% +HK$389.6m | 29.7% | PE27.9x | |
| 1763 China Isotope & Radiation | HK$18.60 | 6.2% +HK$345.5m | 14.3% | PE15.7x | |
| 3600 Modern Dental Group | HK$5.99 | 3.6% +HK$196.3m | 40.9% | PE9.4x |