SEHK:2291Medical Equipment
LEPU ScienTech (SEHK:2291) Stock Faces Premium P E Scrutiny After Margin Compression
LEPU ScienTech Medical Technology (Shanghai) walked into this earnings day with the stock up over 22% across the past three months and trading on a richer P/E than the Hong Kong medical equipment sector. The headline today is profit quality meeting a valuation stress test. First half 2026 basic earnings per share of C¥0.4226 and net income of C¥146.5 million sit against a trailing net margin of 40.2%, which is well below last year. The key question for the market is whether that margin...