HK/China Healthcare Analyst (ex-Fosun Pharma)

Xinyao (Criss) Wang

Over 15 years' experience in both finance and healthcare, covering clinic operations, investment and equity research in both China and overseas.

Jafron Biomedical (300529.CH) - Logic Changes Due to The Centralized Procurement

Jafron Biomedical (300529CH) 22H1- Possibility of Logic Reversal and Upside Potential of Stock Price

CanSino Biologics (6185.HK/688185.CH) 2022H1 - It's Too Early to Be Completely Bearish on CanSino

Imeik Tech (爱美客) A/H Pre-IPO - Dermal Filler Leader Capitalizing on Its Valuation

Autobio Diagnostics (603658.CH) - The Turning Point Is Quietly Approaching

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Equity Bottom-Up

Shenzhen New Industries Biomedical Engineering-A / Equity Bottom-Up

Shenzhen New Industries Biomedical Engineering-A (300832 CH)

Shenzhen New Industries Biomedical Engineering-A

<p>Recently, <a href="https://www.smartkarma.com/entities/shenzhen-new-industries-biomedical-engineering-a" target="_blank" data-smartkarma-citation="entities:29889:1" rel="noopener">Shenzhen New Industries Biomedical Engineering-A (300832 CH)</a> (SNIBE) released its 2021/1H financial results. The revenue was RMB1.226 billion, up 26.35% YoY. Net profit attributed to shareholders was RMB429 million, down 9.90% YoY. Net profit after deducting non-recurring gains and losses was 383 million, down 12.28% YoY. The performance was lower-than-expected. Meanwhile, there was document about the centralized procurement on test reagents in the field of chemiluminescence in Anhui Province, which was released on August 19, 2021, and SNIBE’s share price decreased about 14.34% on August 20. This insight mainly analyzed the business of the Company and the potential impact of centralized procurement. </p>

Recently, Shenzhen New Industries Biomedical Engineering-A (300832 CH) (SNIBE) released its 2021/1H financial results. The revenue was RMB1.226 billion, up 26.35% YoY. Net profit attributed to shareholders was RMB429 million, down 9.90% YoY. Net profit after deducting non-recurring gains and losses was 383 million, down 12.28% YoY. The performance was lower-than-expected. Meanwhile, there was document about the centralized procurement on test reagents in the field of chemiluminescence in Anhui Province, which was released on August 19, 2021, and SNIBE’s share price decreased about 14.34% on August 20. This insight mainly analyzed the business of the Company and the potential impact of centralized procurement. 

Shenzhen Mindray Bio-Medical Electronics (300760 CH)

New Industries Biomedical Engineering (300832.CH) - The Centralized Procurement Changes the Logic