Is Eyebright Medical Technology (Beijing) (SHSE:688050) Using Too Much Debt?
May 13
Chinese (SSE) Medical Supplies Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies40
- 7D-4.7%
- 3M2.8%
- 1Y-12.7%
- YTDn/a
Over the last 7 days, the Medical Supplies industry has dropped 3.7%, driven by a pullback from Autobio Diagnostics of 7.3%. However, the industry is down 13% over the past year. Looking forward, earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Chinese Medical Supplies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥328.0b | CN¥66.2b | CN¥8.9b | 27.1x | 37x | 5x |
| Sun, 14 Apr 2024 | CN¥310.1b | CN¥66.4b | CN¥10.8b | 27.5x | 28.6x | 4.7x |
| Tue, 12 Mar 2024 | CN¥332.5b | CN¥65.4b | CN¥10.8b | 28x | 30.7x | 5.1x |
| Thu, 08 Feb 2024 | CN¥307.7b | CN¥68.6b | CN¥11.4b | 26.9x | 27x | 4.5x |
| Sat, 06 Jan 2024 | CN¥349.2b | CN¥68.5b | CN¥11.4b | 33.6x | 30.7x | 5.1x |
| Mon, 04 Dec 2023 | CN¥366.0b | CN¥68.5b | CN¥11.4b | 35.9x | 32.2x | 5.3x |
| Wed, 01 Nov 2023 | CN¥350.6b | CN¥70.0b | CN¥11.9b | 33.2x | 29.4x | 5x |
| Fri, 29 Sep 2023 | CN¥344.8b | CN¥71.4b | CN¥11.8b | 28.8x | 29.2x | 4.8x |
| Sun, 27 Aug 2023 | CN¥316.5b | CN¥74.1b | CN¥12.9b | 27.2x | 24.6x | 4.3x |
| Tue, 25 Jul 2023 | CN¥336.8b | CN¥74.1b | CN¥12.6b | 29.5x | 26.7x | 4.5x |
| Thu, 22 Jun 2023 | CN¥332.5b | CN¥74.1b | CN¥12.6b | 29.3x | 26.4x | 4.5x |
| Sat, 20 May 2023 | CN¥354.3b | CN¥74.1b | CN¥12.6b | 30.9x | 28.2x | 4.8x |
| Mon, 17 Apr 2023 | CN¥373.1b | CN¥85.9b | CN¥16.2b | 31.1x | 23x | 4.3x |
| Wed, 15 Mar 2023 | CN¥372.8b | CN¥85.9b | CN¥16.1b | 31.6x | 23.1x | 4.3x |
| Fri, 10 Feb 2023 | CN¥402.7b | CN¥85.3b | CN¥17.1b | 34.4x | 23.5x | 4.7x |
| Sun, 08 Jan 2023 | CN¥377.6b | CN¥85.3b | CN¥17.1b | 32.4x | 22.1x | 4.4x |
| Tue, 06 Dec 2022 | CN¥380.4b | CN¥85.3b | CN¥17.1b | 32.7x | 22.2x | 4.5x |
| Thu, 03 Nov 2022 | CN¥387.2b | CN¥85.3b | CN¥17.1b | 34.3x | 22.6x | 4.5x |
| Sat, 01 Oct 2022 | CN¥352.5b | CN¥85.6b | CN¥18.3b | 27.5x | 19.2x | 4.1x |
| Mon, 29 Aug 2022 | CN¥367.6b | CN¥87.4b | CN¥22.2b | 27.3x | 16.6x | 4.2x |
| Wed, 27 Jul 2022 | CN¥383.0b | CN¥84.8b | CN¥21.4b | 28.7x | 17.9x | 4.5x |
| Fri, 24 Jun 2022 | CN¥389.2b | CN¥84.3b | CN¥21.3b | 28.9x | 18.2x | 4.6x |
| Sun, 22 May 2022 | CN¥353.6b | CN¥84.3b | CN¥21.3b | 28.8x | 16.6x | 4.2x |
| Tue, 19 Apr 2022 | CN¥373.2b | CN¥86.9b | CN¥27.6b | 30x | 13.5x | 4.3x |
| Thu, 17 Mar 2022 | CN¥378.9b | CN¥87.5b | CN¥29.6b | 29x | 12.8x | 4.3x |
| Sat, 12 Feb 2022 | CN¥399.5b | CN¥86.6b | CN¥29.7b | 31.8x | 13.4x | 4.6x |
| Mon, 10 Jan 2022 | CN¥473.5b | CN¥86.2b | CN¥29.6b | 37.4x | 16x | 5.5x |
| Wed, 08 Dec 2021 | CN¥434.0b | CN¥83.4b | CN¥28.6b | 35.1x | 15.1x | 5.2x |
| Fri, 05 Nov 2021 | CN¥402.4b | CN¥80.9b | CN¥27.7b | 32.8x | 14.5x | 5x |
| Sun, 03 Oct 2021 | CN¥424.6b | CN¥86.6b | CN¥32.9b | 34.1x | 12.9x | 4.9x |
| Tue, 31 Aug 2021 | CN¥422.3b | CN¥85.9b | CN¥31.6b | 32.7x | 13.3x | 4.9x |
| Wed, 07 Jul 2021 | CN¥572.0b | CN¥85.9b | CN¥31.6b | 41.1x | 18.1x | 6.7x |
Price to Earnings Ratio
17.9x
Current Industry PE
- Investors are optimistic on the Chinese Health Care Supplies industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.3x which is higher than its 3-year average PE of 21.7x.
- The industry is trading close to its 3-year average PS ratio of 4.8x.
Past Earnings Growth
- The earnings for companies in the Health Care Supplies industry have declined 35% per year over the last three years,
- Revenues have also declined 8.9% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Chinese Medical Supplies compare with similar industries?
| CN Market | -1.53% | |
| Healthcare | -3.05% | |
| Medical Equipment | -1.58% | |
| Medical Supplies | -4.69% | |
| Medical Equipment | -0.49% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300061 QITIAN Technology Group | CN¥4.23 | 1.9% +CN¥52.7m | -35.2% | PS2.9x | |
| 688193 Shanghai Rendu Biotechnology | CN¥33.86 | 1.3% +CN¥18.0m | -21.7% | PE73.8x | |
| 301097 Ningbo Tianyi Medical Appliance | CN¥42.78 | 0.07% +CN¥1.8m | -16.4% | PE45.4x |
