Financials Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Equities

300760

CNE100003G67

Advanced Medical Equipment & Technology

End-of-day quote Shenzhen S.E. 2025-12-16 5-day change 1st Jan Change
194.81 CNY -1.12% Intraday chart for Shenzhen Mindray Bio-Medical Electronics Co., Ltd. -2.62% -23.60%

Projected Income Statement: Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Forecast Balance Sheet: Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 -15,865 -15,276 -23,088 -18,673 -16,523 -20,027 -24,684 -29,880
Change - 3.71% -51.14% 19.12% 11.51% -21.21% -23.25% -21.05%
Announcement Date 4/28/21 4/19/22 4/27/23 4/26/24 4/28/25 - - -
1CNY in Million
Estimates

Cash Flow Forecast: Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 1,180 1,381 1,842 2,667 1,929 2,340 2,202 2,287
Change - 17.03% 33.42% 44.77% -27.68% 21.35% -5.9% 3.86%
Free Cash Flow (FCF) 1 7,690 7,618 10,299 8,395 10,503 10,226 10,970 13,222
Change - -0.94% 35.19% -18.49% 25.11% -2.64% 7.28% 20.53%
Announcement Date 4/28/21 4/19/22 4/27/23 4/26/24 4/28/25 - - -
1CNY in Million
Estimates

Forecast Financial Ratios: Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) 37.72% 38.65% 38.85% 40.06% 39.7% 35.01% 34.9% 35.22%
EBIT Margin (%) 35.46% 35.88% 36.19% 37.42% 35.7% 31.31% 32.21% 32.82%
EBT Margin (%) 35.38% 35.68% 36.07% 37.25% 35.45% 32.72% 33.21% 33.84%
Net margin (%) 31.66% 31.66% 31.64% 33.16% 31.77% 27.93% 29.25% 29.83%
FCF margin (%) 36.58% 30.15% 33.92% 24.03% 28.6% 29.78% 28% 29.92%
FCF / Net Income (%) 115.51% 95.21% 107.2% 72.48% 90.01% 106.62% 95.71% 100.32%

Profitability

        
ROA 22.59% 22.41% 22.65% 24.46% 22.31% 17.55% 18.53% 19.09%
ROE 32.29% 31.92% 33.38% 33.64% 32.58% 25.66% 26.3% 26.55%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 5.61% 5.46% 6.07% 7.63% 5.25% 6.82% 5.62% 5.18%
CAPEX / EBITDA (%) 14.88% 14.14% 15.62% 19.06% 13.23% 19.47% 16.11% 14.7%
CAPEX / FCF (%) 15.34% 18.13% 17.89% 31.77% 18.36% 22.89% 20.08% 17.3%

Items per share

        
Cash flow per share 1 7.296 7.402 10.01 9.124 10.25 9.503 11.25 12.9
Change - 1.45% 35.28% -8.89% 12.38% -7.32% 18.35% 14.67%
Dividend per Share 1 2.5 3.5 4.5 1.5 5.6 5.269 6.083 6.98
Change - 40% 28.57% -66.67% 273.33% -5.92% 15.46% 14.74%
Book Value Per Share 1 19.15 22.17 26.38 27.29 29.57 32.46 37.72 43.12
Change - 15.79% 18.97% 3.45% 8.38% 9.75% 16.21% 14.33%
EPS 1 5.476 6.587 7.937 9.558 9.633 7.912 9.457 10.9
Change - 20.27% 20.5% 20.42% 0.79% -17.86% 19.52% 15.21%
Nbr of stocks (in thousands) 1,215,691 1,212,643 1,209,393 1,209,393 1,209,393 1,209,393 1,209,393 1,209,393
Announcement Date 4/28/21 4/19/22 4/27/23 4/26/24 4/28/25 - - -
1CNY
Estimates
2025 *2026 *
P/E ratio 24.6x 20.6x
PBR 6x 5.16x
EV / Sales 6.28x 5.38x
Yield 2.7% 3.12%
More valuation ratios * Estimated data

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
29
Last Close Price
194.81CNY
Average target price
280.05CNY
Spread / Average Target
+43.75%
Consensus

Quarterly revenue - Rate of surprise

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