Report
Jay Lee
EUR 100.00 For Business Accounts Only

A Well-Branded Pharmaceutical Conglomerate With Distribution, Manufacturing, and Retail Businesses

CR Pharma is a conglomerate that operates manufacturing, distribution, and retail pharmacy segments. Chinese healthcare industries have grown faster than GDP, and will continue to do so due to aging demographics, increased urbanization, a larger middle class, and rising disease rates.Distribution contributes an estimated 50% of consolidated operating profit as of 2017, but close to two thirds of operating profit attributable to owners. As an industry, distribution is relatively defensive compare...
Underlying
China Resources Pharmaceutical Group Ltd.

China Resources Pharmaceutical Group Ltd. CHINA RESOURCES PHARMACEUTICAL GROUP LIMITED is a Hongkong-based investment holding company. The Company, along with its subsidiaries, is principally engaged in the research and development, manufacturing, distribution and retail of pharmaceutical and other healthcare products. The Company mainly operates through three segments. Pharmaceutical Manufacturing segment is engaged in the research and development, manufacturing and sale of pharmaceutical and other healthcare products. Pharmaceutical Distribution segment is engaged in the provision of distribution solutions to pharmaceutical manufacturers and dispensers, such as hospitals and other medical institutions, distributors and retail pharmacies. Pharmaceutical Retail segment is involved in the operation of retail pharmacies in China and Hongkong.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jay Lee

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