Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. Sino Biopharmaceutical Limited
  6. News
  7. Summary
    1177   KYG8167W1380

SINO BIOPHARMACEUTICAL LIMITED

(1177)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Chengdu Quanyuantang Pharmacy Plans Hong Kong IPO

06/09/2021 | 10:35pm EDT

By Ben Otto

Chengdu Quanyuantang Pharmacy Chain Joint Stock Co. is planning an initial public offering in Hong Kong, part of efforts to expand its pharmacy business in China.

The pharmacy operator, which counts Sino Biopharmaceutical Ltd. and a unit of options-trading giant Susquehanna International Group as shareholders, said it will also use proceeds to boost technological capacity and make acquisitions and investments.

It didn't specify a timeline for the offering nor say how much it intends to raise.

Chengdu Quanyuantang Pharmacy, founded in 2012, runs 369 pharmacies across 13 cities in China, in addition to 38 online stores on e-commerce platforms such as JD.com.

It posted revenue of 1.25 billion yuan (US$195.7 million) in 2020, up from CNY858.2 million in 2019 and CNY576.5 million in 2018, according to the filing. It attributed losses in each of those years to efforts to expand its pharmacy network.

Citigroup and Haitong International Capital are acting as joint sponsors for the offering.

Write to Ben Otto at ben.otto@wsj.com

(END) Dow Jones Newswires

06-09-21 2234ET

Stocks mentioned in the article
ChangeLast1st jan.
CITIGROUP INC. 1.00% 69.65 Delayed Quote.11.84%
DJ INDUSTRIAL -0.21% 33874.24 Delayed Quote.10.91%
SINO BIOPHARMACEUTICAL LIMITED -0.26% 7.61 End-of-day quote.1.47%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.01% 6.4755 Delayed Quote.-0.31%
All news about SINO BIOPHARMACEUTICAL LIMITED
06/18SINO BIOPHARMACEUTICAL LIMITED : Ex-dividend day for quarterly dividend
FA
06/11Hong Kong Hang Seng Up 0.4% On Oil Issues; Tech Shares Gain
MT
06/11Hong Kong stocks track Asia higher, but end lower for the week
RE
06/09Chengdu Quanyuantang Pharmacy Plans Hong Kong IPO
DJ
06/09SINO BIOPHARMACEUTICALá : Biopharm Presents Cancer Drug's Trial Data in US Oncol..
MT
06/04MARKET CHATTER : Thailand to Get Nearly 2 Million Doses of Locally Produced Astr..
MT
06/03SINO BIOPHARMACEUTICALá : Antibacterial Drug Wins Regulatory OK in China
MT
06/01SINO BIOPHARMACEUTICALá : Biopharm's Diuretic Wins Registration Approval in Chin..
MT
05/27Hong Kong Hang Seng Edges Down 0.2% Despite Tech Strength
MT
05/27SINO BIOPHARMACEUTICALá : Biopharm's Cancer Drug Wins Registration Approval in C..
MT
More news
Financials
Sales 2021 34 313 M 4 419 M 4 419 M
Net income 2021 5 855 M 754 M 754 M
Net cash 2021 9 355 M 1 205 M 1 205 M
P/E ratio 2021 24,0x
Yield 2021 1,17%
Capitalization 143 B 18 406 M 18 407 M
EV / Sales 2021 3,89x
EV / Sales 2022 3,08x
Nbr of Employees 24 262
Free-Float 52,5%
Chart SINO BIOPHARMACEUTICAL LIMITED
Duration : Period :
Sino Biopharmaceutical Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SINO BIOPHARMACEUTICAL LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 28
Last Close Price 7,61 HKD
Average target price 11,28 HKD
Spread / Average Target 48,2%
EPS Revisions
Managers and Directors
NameTitle
Yi Li Chief Executive Officer & Executive Director
Theresa Tse Chairman
Hsuan Tse General Manager-Information Management
Wei Nong Ye General Manager-Research & Development
Mao Li Chief Medical Officer
Sector and Competitors
1st jan.Capitalization (M$)
SINO BIOPHARMACEUTICAL LIMITED1.47%18 451
JOHNSON & JOHNSON3.96%430 876
ROCHE HOLDING AG11.75%324 905
PFIZER, INC.7.61%221 725
NOVARTIS AG2.56%209 282
ABBVIE INC.7.05%202 586