Added to YB: 2024-06-20
Pitch date: 2024-06-18
002223.SZ [bullish]
Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.
-28.87%
current return
Author Info
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Company Info
Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. provides medical devices and health product in China and internationally.
Market Cap
CNY 26.6B
Pitch Price
CNY 35.89
Price Target
N/A
Dividend
2.25%
EV/EBITDA
20.01
P/E
23.80
EV/Sales
2.65
Sector
Health Care Equipment and Supplies
Category
growth
3 High Conviction Buys From China - Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.
Yuyue: Chinese household medical device leader with 50% GM, 20% NIM, 30% ROIC. Benefits from aging population & healthcare spending trends. Fair value at 16.7x EV/EBITDA, 27.1x P/E LTM given strong position & tailwinds. Founders own 43%. Revenue quadrupled in 10 years, expected to grow 10-15% annually with ~20% margins. Long-term compounder.
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