Jiangsu clinical-stage biotech developing drugs for eye diseases and neurological disorders, largely pre-revenue.
Jiangsu clinical-stage biotech developing drugs for eye diseases and neurological disorders, largely pre-revenue.
In one line: A small Chinese ophthalmology/CNS biotech.
Moat: none (IP / patents). Pipeline-stage company whose value depends on unproven clinical trial outcomes.
Headquarters: Nantong, Jiangsu, China · Employees: 497
Size Jiangsu Yahong Meditech (688176.SS) is a China Health Care company (Pharmaceuticals: Major) with a market value of $973M, the 2342nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥11.34 on 6 Nov 2026.
Performance Over six months the shares fell 11.8%, against -13.9% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 19 in its peer set.
Growth Revenue grew 14.6% over the last twelve months (peer median +2.4%); the operating margin is -172.0% (peer median 5.8%).
Valuation It trades at 17.8× enterprise value to sales against a peer median of 4.6× (most expensive of 17).
Capital Return on invested capital runs 100.2 points below its cost of capital (8.1% WACC).
Next results Next results expected around 19 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥320M | CN¥275M | CN¥201M | CN¥13.7M | CN¥26,095 |
| Revenue growth | — | +37% | +1,360% | +52,560% | — |
| Gross profit | CN¥256M | CN¥181M | CN¥126M | -CN¥12.2M | -CN¥16.0M |
| EBITDA | n/a | -CN¥410M | -CN¥394M | -CN¥448M | -CN¥316M |
| Net income | -CN¥529M | -CN¥416M | -CN¥384M | -CN¥400M | -CN¥247M |
| Free cash flow | -CN¥556M | -CN¥431M | -CN¥431M | -CN¥500M | -CN¥269M |
| Capital expenditure | CN¥58.4M | CN¥19.1M | CN¥5.79M | CN¥102M | CN¥26.6M |
| Total debt | CN¥393M | CN¥345M | CN¥130M | CN¥134M | CN¥18.7M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Jiangsu Yahong Meditech 688176.SS | $973M | -12% | +15% | -172% | 17.8× | n/a |
| Chengdu Kanghong Pharmaceutical 002773.SZ | $3.18B | -7% | -11% | 24% | 3.6× | -2.2% |
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.
| Measure | 688176.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.4% | -6.6% | 4th lowest of 20 |
| 6-month return | -11.8% | -13.9% | 9th highest of 19 |
| Distance from 52-week high | -37.4% | -30.2% | 8th lowest of 21 |
| Revenue growth (TTM) | +14.6% | +2.4% | 5th highest of 18 |
| Operating margin | -172.0% | 5.8% | 3rd lowest of 18 |
| EV / Sales | 17.8× | 4.6× | most expensive of 17 |
| ROIC minus cost of capital | -100.2 pp | -1.9 pp | lowest of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu Yahong Meditech 688176.SS | China | $973M | -12% | +15% | -172% | 17.8× | n/a | n/a |
| Strides Pharma Science STAR.NS | India | $973M | -13% | +11% | 14% | 2.1× | 18.1% | +7.8% |
| Kissei Pharmaceutical 4547.T | Japan | $973M | -16% | +6% | 6% | 1.1× | n/a | n/a |
| Procter & Gamble Health PGHL.NS | India | $971M | +4% | +13% | 31% | 6.3× | 5.5% | +9.3% |
| MoonLake Immunotherapeutics MLTX | United States | $981M | -32% | n/a | n/a | n/a | n/a | n/a |
| Zhejiang Garden Biopharmaceutical 300401.SZ | China | $983M | -7% | +2% | 24% | 5.5× | 10.2% | +13.4% |
| SSY 2005.HK | Hong Kong | $990M | +10% | -4% | 12% | 2.3× | 2.1% | -0.5% |
| Savara SVRA | United States | $992M | -8% | n/a | n/a | n/a | n/a | n/a |
| Immatics IMTX | United States | $952M | -44% | -65% | -556% | 10.7× | n/a | n/a |
| Harbin Gloria Pharmaceuticals 002437.SZ | China | $999M | -15% | -16% | 13% | 3.0× | 8.8% | -6.9% |
| Northeast Pharmaceutical 000597.SZ | China | $948M | -10% | -6% | 3% | 1.0× | -6.8% | -0.7% |
| KPC Pharmaceuticals 600422.SS | China | $1.00B | -7% | -41% | -10% | 1.9× | n/a | n/a |
| City Therapeutics CTY | United States | $944M | n/a | +388% | -442% | n/a | n/a | n/a |
| Hunan Warrant Pharmaceutical 688799.SS | China | $942M | -20% | +5% | 9% | 4.7× | n/a | n/a |
| Harrow HROW | United States | $1.01B | -30% | +21% | 2% | 4.4× | 51.8% | +41.0% |
| Nxera Pharma 4565.T | Japan | $932M | +63% | +24% | 14% | 5.1× | 16.2% | +27.3% |
| GuangYuYuan Chinese Herbal Medicine 600771.SS | China | $930M | -24% | -6% | 5% | 4.4× | 33.2% | +4.2% |
| Dezhan Healthcare 000813.SZ | China | $928M | -18% | -10% | -121% | 15.8× | n/a | n/a |
| Oscotec 039200.KS | South Korea | $1.02B | -30% | +233% | 62% | 8.3× | -9.5% | +18.1% |
| Guangxi Wuzhou Zhongheng 600252.SS | China | $1.03B | -11% | -43% | -42% | 5.0× | 11.9% | -13.7% |
| Symbiotec Pharmalab SYMBIOTEC.NS | India | $1.03B | n/a | n/a | n/a | n/a | n/a | n/a |