Report
EUR 13.36 For Business Accounts Only

SHINVA MED.INSTM.CO.LTD. suffers a double requalification, which weighs heavily on its rating, now at Slightly Negative.

The independent financial analyst theScreener just downgraded the general evaluation of SHINVA MED.INSTM.CO.LTD. (CN), active in the Medical Equipment industry. As regards its fundamental valuation, the title loses a star(s) and now shows 1 out of 4 stars. Its market behaviour is also negatively reassessed and may be considered as risky. theScreener believes that this double requalification keeps the title under pressure and justifies an overall rating downgrade to Slightly Negative. As of the analysis date August 25, 2017, the closing price was CNY 17.89 and its target price was estimated at CNY 15.87.
Underlying
Shinva Medical Instrument (A)

SHINVA MEDICAL INSTRUMENT CO., LTD. is a China-based company principally engaged in the manufacture and distribution of medical equipment. The Company's main products consist of medical sterilization equipment, cleansing and disinfection equipment, sterile supplies, sterilization and supply center project, pharmaceutical sterilization equipment, automatic conveying systems, process control management system, brachytherapy machine and others. The Company is also engaged in the manufacture and sales of pharmacy equipment, as well as the provision of medical services. The Company distributes its products within domestic market and to overseas markets.

Provider
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