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← CockpitCompetitor Analysis › 002349.SZ Jinghua Pharmaceutical Group Co., Ltd. Class AOpen in the cockpit ↗

Jinghua Pharmaceutical Group Co., Ltd. Class A002349.SZCompetitor analysis, valuation and peers

China · CNY·Health Care›Pharmaceuticals: Major
Momentum strong 65
Mkt cap
$825M
US dollars, full cap
Free float
61%
of shares outstanding
$/day
$47.5M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+4.8 pp
WACC 5.2%
Hurdle
-4 pp
Req g minus delivered
Close · CNYCN¥6.94
1D-2.7%
1W+1.5%
1M-20.4%
3M+2.2%
6M-7.7%
YTD-4.4%
1Y-8.6%
ATR %5.3%
52w lowhigh27.6% off high

What Jinghua Pharmaceutical does

Employees: 1,462

Jinghua Pharmaceutical at a glance

Size Jinghua Pharmaceutical (002349.SZ) is a China Health Care company (Pharmaceuticals: Major) with a market value of $825M, the 2682nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.94 on 6 Nov 2026.

Performance Over six months the shares fell 7.7%, against -9.5% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 20 in its peer set.

Growth Revenue grew 1.9% over the last twelve months (peer median +2.2%); the operating margin is 19.9% (peer median 10.1%).

Valuation It trades at 3.2× enterprise value to sales against a peer median of 2.4× (9th most expensive of 19).

Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -4 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 4.8 points above its cost of capital (5.2% WACC).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026002349.SZ 92Peer median 91
Six months, rebased to 100: Jinghua Pharmaceutical against the median of its 20 peers (local-currency closes).

Jinghua Pharmaceutical financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.48BCN¥1.45BCN¥1.39BCN¥1.50BCN¥1.56B
Revenue growth—+4%-7%-4%—
Gross profitCN¥814MCN¥726MCN¥665MCN¥702MCN¥681M
EBITDAn/aCN¥347MCN¥300MCN¥372MCN¥323M
Net incomeCN¥233MCN¥219MCN¥213MCN¥248MCN¥212M
Free cash flowCN¥270MCN¥326MCN¥290MCN¥270MCN¥305M
Capital expenditureCN¥30.4MCN¥20.3MCN¥30.9MCN¥28.4MCN¥61.6M
Total debtCN¥13.9MCN¥77.3MCN¥35.0MCN¥36.0MCN¥39.2M

Quarterly statements and history in the cockpit →

Jinghua Pharmaceutical competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%0%+20%2171000411SANOFICONR2186002907002390ALMS006120002940GUDSANOFI4521ANNXSUVEN30016078300705COLL002349.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Jinghua Pharmaceutical is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%0×250×500×750×2171000411SANOFICONR2186002390ALMS006120GUDSUVENLXRX002349.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Jinghua Pharmaceutical is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%0%20%SANOFICONR2186002907002390002940GUDSANOFI30016078300705COLL002349.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Jinghua Pharmaceutical is the large dot.

Jinghua Pharmaceutical competitors and peer comparison

How Jinghua Pharmaceutical compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Jinghua Pharmaceutical against its 20 peers (data as of 6 Nov 2026)
Measure002349.SZPeer medianRank in peer set
1-month return-20.4%-2.0%2nd lowest of 21
6-month return-7.7%-9.5%8th highest of 20
Distance from 52-week high-27.6%-32.8%7th highest of 21
Revenue growth (TTM)+1.9%+2.2%10th highest of 19
Operating margin19.9%10.1%4th highest of 19
EV / Sales3.2×2.4×9th most expensive of 19
Growth the price implies (Req g, 7 yrs)-1.8%4.8%4th least demanding of 12
Growth delivered (Del g)+2.6%+2.1%6th highest of 12
Hurdle (Req g minus delivered)-4.5 pp-5.6 pp6th most demanding of 12
ROIC minus cost of capital+4.8 pp-1.7 pp4th highest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Jinghua Pharmaceutical 002349.SZChina$825M-8%+2%20%3.2×-1.8%+2.6%
CARsgen Therapeutics 2171.HKHong Kong$825M-54%+68%-170%32.3×n/an/a
Zhejiang Int'l 000411.SZChina$828M-8%+3%3%0.3×n/an/a
Sanofi Consumer Healthcare India SANOFICONR.NSIndia$835M-28%+23%36%8.1×17.1%+22.7%
Latigo Biotherapeutics LTGOUnited States$835Mn/an/an/an/an/an/a
Luye Pharma 2186.HKHong Kong$839M-36%+3%18%1.2×-10.5%+1.9%
Chongqing Pharscin Pharmaceutical 002907.SZChina$808M-7%+8%10%5.7×10.7%-1.4%
Guizhou Xinbang Pharmaceutical 002390.SZChina$805M-10%-13%4%0.9×-3.0%-0.8%
Alumis ALMSUnited States$805M-27%-63%-5,480%45.8×n/an/a
SK Discovery 006120.KSSouth Korea$804M+11%+20%3%0.8×n/an/a
Zhejiang Anglikang Pharmaceutical 002940.SZChina$801M-19%-6%10%4.2×18.2%+2.1%
Knight Therapeutics GUD.TOCanada$800M+37%+42%5%1.9×9.5%+17.7%
Sanofi India SANOFI.NSIndia$800M-3%-6%26%4.2×16.5%-8.7%
Kaken Pharmaceutical 4521.TJapan$854M-8%-7%11%0.9×n/an/a
Annexon ANNXUnited States$796M-26%n/an/an/an/an/a
Suven Life Sciences SUVEN.NSIndia$792M+20%+17%-4,228%849.2×n/an/a
Lexicon Pharmaceuticals LXRXUnited States$792M-11%-29%-131%15.9×n/an/a
Katakura Industries 3001.TJapan$791M+46%0%16%2.5×0.2%+0.5%
Hygeia Healthcare 6078.HKHong Kong$861M-7%+2%14%1.9×4.8%+22.5%
Hunan Jiudian Pharmaceutical 300705.SZChina$789M-18%-5%13%1.9×-1.1%+26.1%
Collegium Pharmaceutical COLLUnited States$788M-36%+14%20%2.3×-7.0%+20.3%

Questions

Which companies are Jinghua Pharmaceutical's closest peers?
The cockpit's peer set: CARsgen Therapeutics (2171.HK), Zhejiang Int'l (000411.SZ), Sanofi Consumer Healthcare India (SANOFICONR.NS), Latigo Biotherapeutics (LTGO), Luye Pharma (2186.HK), Chongqing Pharscin Pharmaceutical (002907.SZ), Guizhou Xinbang Pharmaceutical (002390.SZ), Alumis (ALMS).
Is Jinghua Pharmaceutical expensive compared with its peers?
On ev / sales it trades at 3.2× against a peer median of 2.4×, 9th most expensive of 19 in its peer set. For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -4 pp: the price already allows for a slowdown.
How has Jinghua Pharmaceutical stock performed?
Over six months to 6 Nov 2026 the shares returned -7.7% against -9.5% for the median peer; over one year -8.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.