Value Analysis of Biopharmaceutical Industry Investment
Based on China’s A-share Market
- DOI
- 10.2991/aebmr.k.220603.062How to use a DOI?
- Keywords
- biopharmaceuticals; value investing; financial indicators; correlation analysis
- Abstract
In order to deeply understand the long-term value investment of the biomedical sector, this paper analyzes the fundamentals by using financial indicators. From the economic perspective, the financial data of biomedicine in a-share market in recent ten years are used to analyze the market performance, profitability, debt-paying ability, growth and valuation level. Finally, the correlation analysis discusses selected indicators and investigates the relationship between the biomedicine market and the A-share market. Through statistical analysis and correlation analysis, it is found that China’s biomedical sector is superior to the A-share (non-financial) sector in terms of solvency, profitability and growth, with a growing trend. In terms of valuation, the overall performance of the biomedical industry is better than that of A-shares (non-financial), and there is A strong positive correlation between the profitability and growth of the sector and the market performance of the sector.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Xinyi Rao PY - 2022 DA - 2022/07/01 TI - Value Analysis of Biopharmaceutical Industry Investment BT - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022) PB - Atlantis Press SP - 375 EP - 383 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220603.062 DO - 10.2991/aebmr.k.220603.062 ID - Rao2022 ER -