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China Medical System Holdings Limited (0867.HK)

HKD12.33 -0.02 (-0.16%)
HK HKSE Healthcare Drug Manufacturers - Specialty & Generic
Address Island Place Tower
North Point, HK
CEO Kong Lam
Website cms.net.cn
IPO 2010-09-28
ISIN KYG211081248

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Also trades on Frankfurt Stock Exchange · 2M7C.F (EUR) Hong Kong Stock Exchange · 0867.HK (HKD) Other OTC · CHSYF (USD)
Description

Established in 1995 and headquartered in North Point, Hong Kong, China Medical System Holdings Limited functions as an investment holding company with a primary focus on the development, marketing, and distribution of a wide array of pharmaceutical products throughout the People's Republic of China. The company's extensive portfolio addresses numerous therapeutic areas. Its cardiovascular offerings include Plendil for hypertension and stable angina, XinHuoSu for acute heart failure, and Imdur for coronary heart disease, chronic heart failure, and myocardial infarction prevention. For mental health and neurological support, it provides Deanxit to treat mild-to-moderate depression and anxiety, along with Parlodel tablets for endocrine and neuro system indications. Digestive and liver conditions are managed with products such as Ursofalk for gallstones and cholestatic liver disease, Salofalk for ulcerative colitis and Crohn's disease, Bioflor for diarrhea, Combizym for dyspepsia, and Ganfule capsules for primary liver cancer, plus MOVICOL for chronic constipation. The company also markets Augentropfen Stulln Mono eye drops for senile macula degeneration and asthenopia, Hirudoid for blunt trauma and superficial phlebitis, Elcatonin injection for osteoporosis, and Lamisil tablets for fungal infections. Respiratory issues are addressed by YiNuoShu, while infectious diseases benefit from DanShenTong capsules (for various infections like acne, tonsillitis, and boils) and YinlianQinggan granules for hepatitis. XiDaKang, a protein hydrolysate oral solution, is also part of its offerings. Beyond its pharmaceutical endeavors, the group is also actively involved in agriculture and livestock operations. China Medical System Holdings Limited operates as a subsidiary of Treasure Sea Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD12.33 -0.02 (-0.16%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
1.07
Float Shares
1.18B
Free Float %
48.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.32% -3.38% -17.28% -27.53% -20.45% -17.98% -1.31% -5.37% -46.83% -5.54% +251.50%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
12.33
DCF (Unlevered) 15.38 +24.7%
DCF (Levered) 15.72 +27.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 88% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 6 -1
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
9.85
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Drug Manufacturers - Specialty & Generic: +6.8%
    +10.0% Q4'25: +23.7% (vs Q4'23)
  • EPS growth Drug Manufacturers - Specialty & Generic: +16.5%
    -7.5% Q4'25: +10.0% (vs Q4'23)
  • FCF margin FCF growth · Drug Manufacturers - Specialty & Generic: +32.3%
    +3.0% Q4'25: -7.3% (vs Q4'23)
  • EBIT margin Drug Manufacturers - Specialty & Generic: +13.0%
    +19.2% Q4'25: +17.7% (vs Q4'23)
  • ROIC Drug Manufacturers - Specialty & Generic: +6.5%
    +8.7% Q4'25: +14.3% (vs Q4'23)
  • Share dilution Drug Manufacturers - Specialty & Generic: +0.0%
    -0.3% Q4'25: -1.3% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Drug Manufacturers - Specialty & Generic: -0.10×
    0.38× Q4'25: 0.19× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.12) × ERP
WACC = 97% × Ke + 3% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 15.42 Current price: 12.33
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
7 Rev. Ana.
2 EPS Ana.
Dec 2027
8 Rev. Ana.
2 EPS Ana.
Dec 2028
6 Rev. Ana.
1 EPS Ana.
Revenue
3.55B
est: 4.37B (-18.6%)
4.90B
est: 5.45B (-10.1%)
5.35B
est: 6.95B (-23.0%)
5.43B
est: 6.33B (-14.2%)
6.07B
est: 6.68B (-9.1%)
6.95B
est: 7.89B (-11.9%)
8.34B
est: 10.08B (-17.3%)
9.15B
est: 10.81B (-15.4%)
8.01B
est: 9.75B (-17.8%)
7.47B
est: 7.69B (-2.9%)
8.21B
est: 8.18B (+0.3%)
10.30B
10.13B – 10.45B
+25.8% YoY
12.46B
10.74B – 13.13B
+21.0% YoY
15.14B
13.90B – 15.68B
+21.5% YoY
EBITDA
1.17B
est: 1.72B (-32.2%)
1.69B
est: 2.15B (-21.2%)
2.09B
est: 2.74B (-23.7%)
2.20B
est: 2.49B (-11.7%)
2.75B
est: 2.63B (+4.5%)
3.05B
est: 3.11B (-1.7%)
3.70B
est: 3.97B (-6.7%)
3.76B
est: 4.26B (-11.6%)
2.92B
est: 3.84B (-23.9%)
2.31B
est: 2.69B (-14.3%)
1.82B
est: 2.87B (-36.3%)
3.61B
3.55B – 3.66B
+25.8% YoY
4.36B
3.76B – 4.60B
+21.0% YoY
5.30B
4.87B – 5.49B
+21.5% YoY
EBIT
1.09B
est: 1.60B (-31.9%)
1.54B
est: 1.99B (-22.6%)
1.89B
est: 2.54B (-25.6%)
2.08B
est: 2.31B (-10.2%)
2.54B
est: 2.44B (+4.1%)
2.84B
est: 2.88B (-1.4%)
3.48B
est: 3.69B (-5.5%)
3.55B
est: 3.95B (-10.1%)
2.71B
est: 3.57B (-23.9%)
2.05B
est: 2.48B (-17.3%)
1.58B
est: 2.64B (-40.1%)
3.32B
3.27B – 3.37B
+25.8% YoY
4.01B
3.46B – 4.23B
+21.0% YoY
4.88B
4.48B – 5.05B
+21.5% YoY
Net Income
995.94M
est: 1.23B (-19.2%)
1.38B
est: 1.45B (-4.9%)
1.67B
est: 1.96B (-14.3%)
1.85B
est: 2.16B (-14.4%)
1.96B
est: 2.40B (-18.2%)
2.53B
est: 2.86B (-11.4%)
3.02B
est: 3.56B (-15.2%)
3.26B
est: 4.05B (-19.5%)
2.40B
est: 3.47B (-30.7%)
1.62B
est: 1.89B (-14.1%)
1.49B
est: 1.65B (-10.0%)
2.08B
2.00B – 2.17B
+25.9% YoY
2.47B
2.38B – 2.57B
+18.7% YoY
2.98B
2.66B – 3.12B
+20.5% YoY
SGA
1.01B
est: 1.67B (-39.7%)
1.40B
est: 2.09B (-33.1%)
1.60B
est: 2.66B (-39.6%)
1.92B
est: 2.42B (-20.9%)
2.19B
est: 2.56B (-14.3%)
2.30B
est: 3.02B (-23.6%)
2.98B
est: 3.86B (-22.7%)
3.36B
est: 4.14B (-18.8%)
3.17B
est: 3.73B (-15.1%)
3.44B
est: 3.13B (+10.1%)
3.71B
est: 3.33B (+11.5%)
4.19B
4.12B – 4.25B
+25.8% YoY
5.06B
4.37B – 5.34B
+21.0% YoY
6.15B
5.65B – 6.37B
+21.5% YoY
EPS
0.40
est: 0.51 (-21.2%)
0.55
est: 0.60 (-7.7%)
0.67
est: 0.81 (-16.8%)
0.74
est: 0.89 (-16.9%)
0.79
est: 0.99 (-20.0%)
1.02
est: 1.18 (-13.3%)
1.22
est: 1.47 (-16.7%)
1.33
est: 1.67 (-20.2%)
0.98
est: 1.43 (-31.4%)
0.67
est: 0.78 (-14.1%)
0.62
est: 0.68 (-9.3%)
0.86
0.82 – 0.90
+25.9% YoY
1.02
0.98 – 1.06
+18.7% YoY
1.23
1.10 – 1.29
+20.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-28 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-27 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-26 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-22 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-21 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-20 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-19 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-18 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-15 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-14 A- 4/5 4/5 4/5 5/5 3/5 2/5 3/5
2026-05-13 A 4/5 4/5 4/5 5/5 3/5 2/5 4/5
2026-05-12 A 4/5 4/5 4/5 5/5 3/5 2/5 4/5
2026-05-11 A 4/5 4/5 4/5 5/5 3/5 3/5 4/5
2026-05-08 A 4/5 4/5 3/5 5/5 3/5 3/5 4/5
2026-05-07 A 4/5 4/5 3/5 5/5 3/5 3/5 4/5
2026-05-06 A 4/5 4/5 3/5 5/5 3/5 3/5 4/5
2026-05-05 A 4/5 4/5 3/5 5/5 3/5 3/5 4/5
2026-05-04 A 4/5 4/5 3/5 5/5 3/5 3/5 4/5
2026-04-30 A 4/5 4/5 3/5 5/5 3/5 3/5 4/5
2026-04-29 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-28 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-27 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-24 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-23 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-22 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-21 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-20 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-17 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-16 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-15 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5
2026-04-14 A- 4/5 4/5 3/5 5/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.09B
OE per share TTM
0.86
Owner's Yield
8.17%
Maintenance CapEx ratio
5.31%
Maint CapEx / Avg PPE
7.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
257.0K
Shares Outstanding
2.44B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kong Lam Founder, Chairman, Chief Executive Officer & President 7M male
Yanling Chen Chief Financial Officer, Vice President & Executive Director 5M female
James Patrick Stearns Chief Investment Officer of Europe & America male
Fei Jiang Chief Investment Officer of Greater China male
Liu Yue Director of Investor Relations
Sanyan Wu Director of Legal Department & Company Secretary female
Lieyi Ma General Manager of the Operations & Management Center of the Group male
Huaizheng Peng Chief Business Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits