China Medical System Holdings Ltd.

China Medical System Holdings Ltd.

1.24
EUR
0.00
(0.00%)
2.80BMarket Cap
Mar 16Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.93
1.22
1.44
1.97
2.15
2.19
2.45
2.81
3.38
3.73
3.27
3.08
3.39
- -
Basic EPS, GAAP
0.26
0.43
0.4
0.55
0.67
0.74
0.79
1.02
1.22
1.33
0.98
0.67
0.62
- -
Free Cash Flow per Basic Share
0.08
0.24
0.01
0.01
0.8
0.68
0.89
0.95
0.94
1.23
0.89
0.33
0.1
- -
Dividend per Share
0.1
0.12
0.15
0.19
0.25
0.29
0.33
0.34
0.47
0.52
0.55
0.23
0.27
- -
Book Value per Share
1.35
1.65
2.13
2.5
2.92
3.37
3.82
4.47
5.19
5.95
6.33
6.69
7.13
7.38
Tangible Book Value per Share
0.76
0.96
1.16
0.78
1.27
1.78
2.14
2.81
3.27
3.9
4.38
4.62
5
5.09
Basic Weighted Avg Shares
2,415
2,415
2,467
2,487
2,487
2,486
2,480
2,472
2,468
2,454
2,452
2,427
2,420
2,420
Sales/Revenue/Turnover
2,249
2,945
3,553
4,901
5,349
5,433
6,074
6,946
8,337
9,150
8,013
7,469
8,212
- -
Operating Margin (%)
28.3
30.8
30.06
31.46
35.53
37.04
39.57
40.46
38.58
39.84
35.34
23.2
19.99
- -
Depreciation Expense
37
42
78
176
196
199
204
208
220
227
230
259
267
- -
Net Income, GAAP
636
1,046
996
1,376
1,675
1,850
1,961
2,530
3,017
3,259
2,401
1,620
1,489
- -
Effective Tax Rate (%)
7.29
7.66
6.36
8.17
7.66
8.06
21.39
9.25
12.48
12.93
17.03
19.76
31.37
- -
Profit Margin (%)
28.29
35.51
28.03
28.08
31.31
34.05
32.28
36.43
36.19
35.62
29.96
21.69
18.13
- -
Working Capital
1,372
757
1,211
155
2,301
2,564
2,005
4,067
5,298
5,952
6,746
7,189
7,829
7,866
LT Debt
- -
- -
- -
- -
2,040
1,440
10
593
592
13
17
13
22
32
Total Equity
3,277
3,991
5,352
6,268
7,328
8,404
9,516
11,103
12,847
14,737
15,556
16,403
17,543
18,079
Return on Invested Capital (%)
16.75
20.46
19.18
20.11
20
18.89
18.12
20.57
20.76
19.61
12.2
7.57
6.12
- -
Return on Capital (%)
18.97
26.38
19.78
20.63
20.28
19.91
20
23.07
23.11
21.12
14.7
9.72
8.72
- -
Return on Common Equity (%)
20.76
28.83
21.45
23.92
24.84
23.67
22
24.68
25.37
23.84
15.95
10.18
8.83
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
728
668
851
LT Borrowings
- -
- -
- -
LT Finance Leases
19
22
32
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,440
2,440
2,433
Market Capitalization
26,155
28,072
21,689

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
9,289
9,299
9,262
Cash, Cash Equivalents & STI
5,968
5,786
5,753
Accounts Receivable, Net
1,917
1,588
1,511
Inventories
792
804
928
Total Current Liabilities
1,608
1,469
1,396
Payables & Accruals
- -
- -
- -
ST Debt
728
668
851
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.7%
9.67%
6.95%
Free Cash Flow
1,194.02%
-26.25%
-69.97%
Net Income, GAAP
6.57%
-7.94%
-8.08%
Sales/Revenue/Turnover
9.53%
4.1%
9.95%
Total Cash Common Dividend
10.6%
3.04%
18.77%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
7,469
2025
- -
- -
8,212
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.67
2025
- -
- -
0.62
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.23
2025
- -
- -
0.27
2026
- -
- -
- -

Company Description

CEO
Kong Lam
Full Time Employees
6,415
Sector
Health technology
Industry
Pharmaceuticals: major
Address
Island Place Tower Shenzhen GD China
IPO Date
Sep 28, 2010
Business
China Medical System Holdings Limited China Medical System Holdings Limited (0867.HK), an investment holding company founded in 1995 and headquartered in North Point, Hong Kong, primarily engages in the research, development, production, marketing, promotion, and sale of pharmaceutical products with a focus on cardio-cerebrovascular, gastroenterology, ophthalmology, dermatology, medical aesthetics, and other specialty therapeutic areas; its core marketed products include the innovative drugs LUMEBLUE (Methylthioninium Chloride Enteric-coated Sustained-release Tablets for colonoscopy lesion detection), METOJECT (pre-filled methotrexate injection for psoriasis and rheumatoid arthritis), VELPHORO (iron-based phosphate binder for chronic kidney disease), ILUMETRI (IL-23 inhibitor monoclonal antibody for psoriasis), and VALTOCO (diazepam nasal spray for epilepsy seizure clusters), alongside established brands such as Deanxit, Ursofalk, Plendil, XinHuoSu, Cystistat, Nesiritide, Augentropfen Stulln Mono eye-drops, GanFuLe, and Salofalk, as well as promotion services for in-licensed medicines from overseas and domestic partners sold to wholesalers, distributors, and hospitals primarily in Mainland China, with expanding operations into Hong Kong, Macau, Southeast Asia, Australia, and New Zealand. The company operates through segments including marketing and promotion of pharmaceutical products and other businesses encompassing production and sales of medicines and medical instruments, targeting unmet clinical needs via collaborations with global biotech and biopharma firms, and maintains a diversified portfolio enriched by non-National Volume-Based Procurement (VBP) exclusive and innovative products that accounted for over half of direct-sale revenue in 2024. Recent major developments include approvals for LUMEBLUE marketing and METOJECT's additional rheumatoid arthritis indication in 2024, NDA acceptances for Desidustat Tablets (HIF-PHI for CKD anemia) and ruxolitinib cream (JAK inhibitor for vitiligo), progression of over 10 clinical trials such as Y-3 (stroke cytoprotectant), VEGFA/ANG2 bispecific antibody (nAMD), TYK2 inhibitor CMS-D001 (psoriasis/AD), GnRH antagonist CMS-D002 (endometriosis), and GLP-1R/GCGR dual agonist CMS-D005 (obesity); new collaborations in 2024 and 2025 encompass exclusive licenses with Incyte for povorcitinib (JAK1 inhibitor for vitiligo/hidradenitis suppurativa), Atom Therapeutics for ABP-671 (gout/hyperuricemia), Alpha Cognition for ZUNVEYL (Alzheimer's dementia), Mabgeek Biotech for MG-K10 (long-acting anti-IL-4Rα for atopic dermatitis), Chongqing Genrix for vecantoxatug and silevimig injections, and Novartis for Lucentis and Beovu ophthalmic drugs via subsidiary CMS Vision, plus three new medical aesthetic injectables (Polycaprolactone Microsphere Gel, Calcium Hydroxylapatite Microsphere Gel, Decellularized Extracellular Matrix Implant); additionally, a secondary listing on the Singapore Exchange mainboard in July 2025 to expand in Southeast Asia, alongside strategic shifts toward product innovation, commercial model reform (in-hospital/out-of-hospital, online/offline channels), and international growth, with five innovative drugs now commercialized and a pipeline of nearly 40 first-in-class/best-in-class candidates. China Medical System Holdings Limited is a subsidiary of Treasure Sea Limited and continues to build end-to-end innovation capabilities, with H1 2025 revenue and profit growth reported amid these advancements.

Company News

  • CMS(867.HK/8A8.SG): Innovative Drug Lumirix® Approved in China for Additional Indication of Atopic Dermatitis (AD)

  • China Medical System (CHSYF) to Release Quarterly Earnings on Monday