Sinopharm Group was founded in 2003 and listed on the Hong Kong Stock Exchange in September 2009. Its main business is drug distribution in mainland China, which contributes about 75% of total revenue. It is the largest drug distributor, with approximately 20% market share. Other notable segments are medical device distribution, which contributes about 20% of revenue, and retail pharmacies, which contributes about 5%. These are fast-growing industries, where government policy is designed to encourage consolidation and promote large players with scale and efficiency advantages.
Quote | Sinopharm Group Co. Ltd. ADR (OTCMKTS:SHTDY)
Last: | $11.75 |
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Change Percent: | 0.17% |
Open: | $11.69 |
Close: | $11.75 |
High: | $11.79 |
Low: | $11.68 |
Volume: | 11,583 |
Last Trade Date Time: | 07/26/2024 03:00:00 am |
News | Sinopharm Group Co. Ltd. ADR (OTCMKTS:SHTDY)
2024-06-17 13:27:30 ET More on Sinopharm Group Co. Ltd. Sinopharm Group: External Headwinds And Re-Rating Drivers Draw Attention Historical earnings data for Sinopharm Group Co. Ltd. Dividend scorecard for Sinopharm Group Co. Ltd. Financial information for Si...
2024-06-03 05:49:03 ET Summary Sinopharm Group faces near-term challenges like declining drug prices and lower sales from hospitals. But SHTDF's valuations could re-rate in the long term, if certain drivers such as industry consolidation, SOE reform, and sales mix optimization mat...
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