Professional
Added to YB: 2024-07-09
Pitch date: 2024-07-07
002223.SZ [bullish]
Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.
-27.82%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
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 35.37
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
Idea Brunch with Xin Wu of Banyan Partners - Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.
Yuyue Medical (002223.SZ): China's leader in household medical devices. 50% gross margin, 20% net income margin, 30% ROIC. Revenue 4x in 10yrs. 43% founder-owned. Aging population, healthcare spending boost growth. Fair valuation: 16.7x EV/EBITDA, 27.1x P/E. 600+ products, 10k specs. #1 on JD/Tmall 8yrs. 10-15% annual rev growth expected. Long-term hold.
Read full article (2 min)