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600216:SSEZhejiang Medicine Co., Ltd. Class A Analysis

Data as of 2026-09-16 - not real-time

CN¥12.49

Latest Price

6/10Risk

Risk Level: Medium

Executive Summary

The moving-average structure behind Zhejiang Medicine Co., Ltd. is neutral at ¥12.49, with no clear ordering between short and long averages. The last 30 days have gained 2.5%. With RSI at 45.4 the momentum picture is neutral, alongside a bearish MACD signal. Watch ¥12.15 as support and ¥14.53 as the nearer resistance level.
The shares look undervalued, trading on 14.9 times earnings below a sector average of 30.0. Consensus targets land 38.1% above where the shares trade now. Revenue is growing at 6.2% on a 9.0% profit margin. The 2.24% dividend yield looks covered by current payout levels.
Risk scores 6 out of 10, which is elevated for this asset class. With 30-day volatility of 50.5%, a beta of 0.03 and a maximum drawdown of 38.6%, position sizing matters here. The wider market backdrop reads extreme greed at 91 on the fear-greed composite.
Timeframes disagree: the short-term read is hold while the long-term read is buy, conviction 5 out of 10.

Top Market Events

Latest Zhejiang Medicine Co Ltd 600216:SHH.Latest Zhejiang Medicine Co Ltd 600216:SHH.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 1/10

Key Factors

  • Trading below the 200-day average of 13.90
  • MACD momentum is negative
  • 30-day volatility of 50.5%

Medium Term

1–3 years
Neutral
Model confidence: 3/10

Key Factors

  • P/E of 14.9 versus sector average of 30.0
  • Trading below the 200-day average of 13.90
  • Analyst targets imply +38.1% versus the current price

Long Term

> 3 years
Positive
Model confidence: 5/10

Key Factors

  • P/E of 14.9 versus sector average of 30.0
  • Analyst targets imply +38.1% versus the current price
  • 30-day volatility of 50.5%

Key Metrics & Analysis

Financial Health

Revenue Growth6.20%
Profit Margin9.01%
P/E Ratio14.9
ROE5.54%
ROA3.60%
Debt/Equity7.60
P/B Ratio1.0
Op. Cash FlowCN¥1.5B
Free Cash FlowCN¥979.9M
Industry P/E30.0

Technical Analysis

TrendNeutral
RSI45.4
SupportCN¥12.15
ResistanceCN¥14.53
MA 20CN¥12.94
MA 50CN¥12.59
MA 200CN¥13.90
MACDBearish
VolumeDecreasing
Fear & Greed Index90.71

Valuation

Fair ValueCN¥19.55
Target PriceCN¥17.25
Upside/Downside38.11%
GradeUndervalued
TypeValue
Dividend Yield2.24%

Risk Assessment

Beta0.03
Volatility50.51%
Sector RiskMedium
Reg. RiskHigh
Geo RiskHigh
Currency RiskHigh
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.