China Isotope & Radiation's (HKG:1763) Anemic Earnings Might Be Worse Than You Think
May 05
Hong Kong (HSI) Medical Supplies Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies12
- 7D-1.4%
- 3M7.1%
- 1Y-45.3%
- YTDn/a
Over the last 7 days, the Medical Supplies industry has dropped 1.4%, driven by a pullback from Shandong Weigao Group Medical Polymer of 2.9%. The industry has fallen 45% in the last year. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Hong Kong Medical Supplies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$50.6b | HK$28.5b | HK$3.8b | 11.1x | 13.3x | 1.8x |
| Tue, 16 Apr 2024 | HK$45.9b | HK$28.5b | HK$3.8b | 10.2x | 12.1x | 1.6x |
| Thu, 14 Mar 2024 | HK$47.2b | HK$28.1b | HK$4.4b | 8.8x | 10.6x | 1.7x |
| Sat, 10 Feb 2024 | HK$47.7b | HK$28.1b | HK$4.4b | 10.7x | 11x | 1.7x |
| Mon, 08 Jan 2024 | HK$59.8b | HK$28.2b | HK$4.4b | 12.4x | 13.6x | 2.1x |
| Wed, 06 Dec 2023 | HK$57.3b | HK$28.2b | HK$4.4b | 14x | 13.1x | 2x |
| Fri, 03 Nov 2023 | HK$62.0b | HK$27.7b | HK$4.3b | 13.5x | 14.4x | 2.2x |
| Sun, 01 Oct 2023 | HK$59.7b | HK$27.7b | HK$4.3b | 13.3x | 13.9x | 2.2x |
| Tue, 29 Aug 2023 | HK$65.3b | HK$27.9b | HK$4.5b | 14.9x | 14.6x | 2.3x |
| Thu, 27 Jul 2023 | HK$78.3b | HK$27.9b | HK$4.3b | 17.9x | 18.2x | 2.8x |
| Sat, 24 Jun 2023 | HK$77.4b | HK$27.9b | HK$4.3b | 17.2x | 17.9x | 2.8x |
| Mon, 22 May 2023 | HK$92.3b | HK$28.4b | HK$4.4b | 19.9x | 21x | 3.2x |
| Wed, 19 Apr 2023 | HK$100.7b | HK$29.4b | HK$4.3b | 22.9x | 23.7x | 3.4x |
| Fri, 17 Mar 2023 | HK$89.7b | HK$33.8b | HK$3.6b | 19.3x | 24.6x | 2.7x |
| Sun, 12 Feb 2023 | HK$96.5b | HK$34.1b | HK$3.6b | 23x | 27.2x | 2.8x |
| Tue, 10 Jan 2023 | HK$92.4b | HK$34.1b | HK$3.5b | 21.8x | 26x | 2.7x |
| Thu, 08 Dec 2022 | HK$75.7b | HK$32.0b | HK$3.4b | 18.3x | 22.1x | 2.4x |
| Sat, 05 Nov 2022 | HK$74.4b | HK$31.0b | HK$3.3b | 18.5x | 22.5x | 2.4x |
| Mon, 03 Oct 2022 | HK$70.6b | HK$31.8b | HK$3.4b | 15.2x | 20.8x | 2.2x |
| Wed, 31 Aug 2022 | HK$72.0b | HK$32.0b | HK$3.6b | 16.5x | 19.8x | 2.3x |
| Fri, 29 Jul 2022 | HK$69.4b | HK$31.9b | HK$3.7b | 16.5x | 18.7x | 2.2x |
| Sun, 26 Jun 2022 | HK$67.6b | HK$32.3b | HK$3.8b | 17.1x | 18x | 2.1x |
| Tue, 24 May 2022 | HK$62.1b | HK$32.2b | HK$3.8b | 15.4x | 16.6x | 1.9x |
| Thu, 21 Apr 2022 | HK$63.7b | HK$33.6b | HK$3.9b | 14.9x | 16.2x | 1.9x |
| Sat, 19 Mar 2022 | HK$69.9b | HK$30.1b | HK$3.3b | 16.4x | 21.1x | 2.3x |
| Mon, 14 Feb 2022 | HK$73.0b | HK$30.0b | HK$3.3b | 21.2x | 22.1x | 2.4x |
| Wed, 12 Jan 2022 | HK$73.0b | HK$29.9b | HK$3.3b | 23.5x | 22.2x | 2.4x |
| Fri, 10 Dec 2021 | HK$78.2b | HK$30.1b | HK$3.3b | 22.2x | 23.7x | 2.6x |
| Sun, 07 Nov 2021 | HK$82.1b | HK$29.8b | HK$3.3b | 23.1x | 25.1x | 2.8x |
| Tue, 05 Oct 2021 | HK$95.6b | HK$29.6b | HK$3.2b | 26.6x | 29.5x | 3.2x |
| Thu, 02 Sep 2021 | HK$96.7b | HK$29.5b | HK$3.2b | 30.5x | 30x | 3.3x |
| Sat, 31 Jul 2021 | HK$101.5b | HK$29.5b | HK$3.2b | 32.1x | 31.5x | 3.4x |
Price to Earnings Ratio
62.4x
Current Industry PE
- Investors are pessimistic on the Hong Kong Health Care Supplies industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 13.3x which is lower than its 3-year average PE of 21.5x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Health Care Supplies industry have grown 24% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Hong Kong Medical Supplies compare with similar industries?
| HK Market | 2.56% | |
| Healthcare | -0.91% | |
| Medical Equipment | -0.22% | |
| Medical Supplies | -1.44% | |
| Medical Equipment | 0.36% | |
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 | |
|---|---|---|---|---|---|
| 9997 Kangji Medical Holdings | HK$7.80 | 3.3% +HK$303.7m | -16.6% | PE17.4x | |
| 1763 China Isotope & Radiation | HK$11.10 | 0.9% +HK$32.0m | -32.8% | PE8.9x | |
| 876 Kaisa Health Group Holdings | HK$0.026 | 8.3% +HK$10.1m | -27.8% | PE17.6x | |
| 8622 Huakang Biomedical Holdings | HK$0.10 | 14.4% +HK$6.5m | -43.7% | PS1.9x |