company background image
300298 logo

Sinocare SZSE:300298 Stock Report

Last Price

CN¥22.82

Market Cap

CN¥12.7b

7D

15.0%

1Y

-24.1%

Updated

24 Apr, 2024

Data

Company Financials +

300298 Stock Overview

Sinocare Inc. engages in the development, manufacture, and marketing of rapid diagnosis testing products primarily in the People’s Republic of China.

300298 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance5/6
Financial Health5/6
Dividends3/6

Sinocare Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sinocare
Historical stock prices
Current Share PriceCN¥22.82
52 Week HighCN¥33.28
52 Week LowCN¥19.19
Beta0.22
1 Month Change10.51%
3 Month Change-17.68%
1 Year Change-24.09%
3 Year Change-37.62%
5 Year Change81.26%
Change since IPO263.23%

Recent News & Updates

Sinocare Inc.'s (SZSE:300298) P/E Is On The Mark

Apr 22
Sinocare Inc.'s (SZSE:300298) P/E Is On The Mark

Here's What To Make Of Sinocare's (SZSE:300298) Decelerating Rates Of Return

Apr 03
Here's What To Make Of Sinocare's (SZSE:300298) Decelerating Rates Of Return

Recent updates

Sinocare Inc.'s (SZSE:300298) P/E Is On The Mark

Apr 22
Sinocare Inc.'s (SZSE:300298) P/E Is On The Mark

Here's What To Make Of Sinocare's (SZSE:300298) Decelerating Rates Of Return

Apr 03
Here's What To Make Of Sinocare's (SZSE:300298) Decelerating Rates Of Return

Shareholder Returns

300298CN Medical EquipmentCN Market
7D15.0%5.4%1.6%
1Y-24.1%-16.4%-15.1%

Return vs Industry: 300298 underperformed the CN Medical Equipment industry which returned -16.4% over the past year.

Return vs Market: 300298 underperformed the CN Market which returned -15.1% over the past year.

Price Volatility

Is 300298's price volatile compared to industry and market?
300298 volatility
300298 Average Weekly Movement7.6%
Medical Equipment Industry Average Movement8.0%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 300298's share price has been volatile over the past 3 months.

Volatility Over Time: 300298's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20024,734Shao Bo Liwww.sinocare.com

Sinocare Inc. engages in the development, manufacture, and marketing of rapid diagnosis testing products primarily in the People’s Republic of China. It offers SARS-CoV-2 antibody test strips; blood glucose monitors; bi-functional blood glucose monitors; point of care testing products; digital management tool solutions; non-invasive screening products; diabetes peripheral products; and PTS and Trividia Products. The company provides its products for the patients with chronic diseases and diabetes, as well as for healthcare professionals.

Sinocare Inc. Fundamentals Summary

How do Sinocare's earnings and revenue compare to its market cap?
300298 fundamental statistics
Market capCN¥12.69b
Earnings (TTM)CN¥363.40m
Revenue (TTM)CN¥3.00b

34.9x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300298 income statement (TTM)
RevenueCN¥3.00b
Cost of RevenueCN¥1.29b
Gross ProfitCN¥1.71b
Other ExpensesCN¥1.34b
EarningsCN¥363.40m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 26, 2024

Earnings per share (EPS)0.65
Gross Margin56.89%
Net Profit Margin12.12%
Debt/Equity Ratio29.7%

How did 300298 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

31%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.