Sinocare Inc
SZSE:300298

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Sinocare Inc
SZSE:300298
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Price: 25.71 CNY -0.43% Market Closed
Market Cap: 14.5B CNY
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Sinocare Inc
Retained Earnings

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Sinocare Inc
Retained Earnings Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Retained Earnings CAGR 3Y CAGR 5Y CAGR 10Y
Sinocare Inc
SZSE:300298
Retained Earnings
ÂĄ1.5B
CAGR 3-Years
14%
CAGR 5-Years
12%
CAGR 10-Years
15%
A
APT Medical Inc
SSE:688617
Retained Earnings
ÂĄ1.1B
CAGR 3-Years
66%
CAGR 5-Years
54%
CAGR 10-Years
N/A
J
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SZSE:002223
Retained Earnings
ÂĄ9.2B
CAGR 3-Years
17%
CAGR 5-Years
23%
CAGR 10-Years
24%
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
Retained Earnings
ÂĄ31B
CAGR 3-Years
21%
CAGR 5-Years
31%
CAGR 10-Years
N/A
J
Jafron Biomedical Co Ltd
SZSE:300529
Retained Earnings
ÂĄ2.7B
CAGR 3-Years
10%
CAGR 5-Years
21%
CAGR 10-Years
N/A
Shanghai United Imaging Healthcare Co Ltd
SSE:688271
Retained Earnings
ÂĄ4.6B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Sinocare Inc
Glance View

Market Cap
14.2B CNY
Industry
Health Care

Nestled in the heart of China's burgeoning biotech industry, Sinocare Inc. has steadily transformed itself into a powerhouse in the realm of glucose monitoring and diabetes management. Founded in 2002, the company was driven by an urgent need to address the growing epidemic of diabetes in China and beyond. As diabetes continued to exact a heavy toll both economically and medically, Sinocare sought to leverage advanced technological innovations to pioneer user-friendly and affordable monitoring solutions. By placing a firm emphasis on research and development, the company sharpened its expertise in biosensing technology, allowing it to produce a comprehensive range of glucose monitors, test strips, and related healthcare products that cater not just to hospitals but also empower individuals with diabetes to manage their conditions effectively. In its journey, Sinocare smartly diversified beyond simple diagnostics into broader health management solutions. With an eye on increasing the accessibility and functionality of their products, they pursued strategic alliances and acquisitions, notably acquiring Nipro diagnostic business (now Trividia Health) and PTS Diagnostics. These moves helped broaden Sinocare’s horizons to international markets, offering it a stronger footing in the lucrative U.S. and European markets in addition to its dominant Asian presence. Sinocare makes money through the sale of its monitoring devices and the recurring revenue stream generated by test strips and other consumables. Their integrated approach, combining product sales with digital health management services, helps in building a robust ecosystem around its core offerings. This innovative business model not only boosts their bottom line but positions Sinocare as a critical player in the global fight against diabetes, continuously driving towards a future where chronic disease management is much more convenient and effective.

Intrinsic Value
35.83 CNY
Undervaluation 28%
Intrinsic Value
Price

See Also

What is Sinocare Inc's Retained Earnings?
Retained Earnings
1.5B CNY

Based on the financial report for Sep 30, 2024, Sinocare Inc's Retained Earnings amounts to 1.5B CNY.

What is Sinocare Inc's Retained Earnings growth rate?
Retained Earnings CAGR 10Y
15%

Over the last year, the Retained Earnings growth was 7%. The average annual Retained Earnings growth rates for Sinocare Inc have been 14% over the past three years , 12% over the past five years , and 15% over the past ten years .

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