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Added to YB: 2025-07-29

Pitch date: 2025-07-25

000423.SZ [neutral]

Dong-E-E-Jiao Co.,Ltd.

-1.31%

current return

Author Info

Panda Perspectives helps manage a China Long-only and an Asia Pacific long/short funds with PACAT Capital Management in Hong Kong. Sign up for the newsletter.

Company Info

Dong-E-E-Jiao Co.,Ltd. research and development, production, and sale of Ejiao and a series of Chinese patent medicines, health foods, and foods.

Market Cap

CNY 32.8B

Pitch Price

CNY 49.53

Price Target

N/A

Dividend

4.98%

EV/EBITDA

12.68

P/E

20.13

EV/Sales

3.97

Sector

Pharmaceuticals

Category

growth

Show full summary:
Heritage to Hardware: Traditional Chinese Medicine’s Leap into Digital Health - Dong-E-E-Jiao

000423.SZ (quick overview): E-jiao market emperor w/ 64% share, premium TCM positioning (73.6% gross margins). Traditional base expanding to younger demos (+25% annual growth), males (15% new customers). 'Royal Paddock 1619' luxury line 40-60% premium vs traditional products. New formats = 15% revenue (2024E), 78% margins. 85% repeat purchase rate across all segments.

Read full article (5 min)