TipRanks
Go Ultimate55% OFF

SSY Group (2005) AI Stock Analysis

HK:2005

SSY Group

(HKEX:2005)

Select Model
Rating:64Neutral
Price Target:HKD 3.00â–²(16.28% Upside)
Action:reiterated
Date:09/24/26

The score is driven primarily by financial performance: moderate balance-sheet strength and improved 2025 cash flow are outweighed by the 2025 profitability and ROE drop following a revenue decline. Technicals are supportive due to a clear uptrend and positive MACD, but overbought RSI/Stoch readings temper the outlook. Valuation is reasonable with a mid-teens P/E and a ~3% dividend yield, providing a neutral-to-slightly supportive contribution.

Positive Factors
Manageable leverageModerate leverage and a substantial equity base provide financial resilience and reduce balance-sheet pressure. This supports the company’s ability to sustain operations, absorb earnings volatility, and retain flexibility for investment or other capital-allocation needs over the coming quarters.
Negative Factors
Revenue contractionThe 2025 revenue decline signals weaker demand or business activity and reduces the scale available to absorb operating costs. Unless growth resumes, sustained top-line pressure could limit reinvestment, weaken competitive momentum, and keep earnings below the company’s earlier trajectory.

SSY Group (2005) vs. iShares MSCI Hong Kong ETF (EWH)

-40%-30%-20%-10%0%10%20%HK:2005-13.07%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 1.19B
Dividend Yield
3.29%
Average Volume (3M)
4.21M
Price to Earnings (P/E)
14.8
Beta (1Y)
0.70
Revenue Growth
-4.42%
EPS Growth
-21.96%
Country
Hong Kong
Employees
5,400
Sector
Healthcare
Sector Strength
51
Industry
Medical - Pharmaceuticals

SSY Group Business Overview & Revenue Model

Company Description

SSY Group Limited, an investment holding company, researches, develops, manufactures, trades in, and sells various pharmaceutical products to hospitals and distributors in the People’s Republic of China and internationally. The company offers intrave...

SSY Group Financial Statement Overview

Summary

Overall fundamentals are stable but weakened in the most recent year. Profitability was strong through 2024, then 2025 showed a clear reset with ~9.1% revenue decline and margin compression (gross ~38.9%, net ~11.3%, operating ~9.8%). Balance sheet leverage remains manageable (debt-to-equity ~0.43–0.55) and assets have grown steadily, but ROE fell sharply in 2025 (~6.4%). Cash flow improved in 2025 (OCF ~635M, FCF ~300M) after a weak 2024, though cash conversion has been inconsistent.

Income Statement

58Neutral

Balance Sheet

70Positive

Cash Flow

62Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.38B4.17B5.77B6.46B6.43B5.36B
Gross Profit1.75B1.73B2.91B3.62B3.44B3.04B
EBITDA1.07B1.05B1.80B2.11B1.86B1.40B
Net Income507.45M470.64M1.06B1.32B1.12B785.53M
Balance Sheet
Total Assets13.47B12.81B12.60B11.97B10.97B10.71B
Cash, Cash Equivalents and Short-Term Investments1.97B1.82B1.29B1.62B1.71B1.70B
Total Debt4.05B4.01B3.64B3.37B3.21B3.11B
Total Liabilities5.33B5.19B5.07B4.70B4.42B4.22B
Stockholders Equity7.80B7.30B7.22B6.93B6.21B6.22B
Cash Flow
Free Cash Flow898.28M299.78M-49.39M221.88M368.70M359.58M
Operating Cash Flow967.98M635.03M491.03M925.75M786.82M747.91M
Investing Cash Flow-34.94M77.02M-521.76M-640.19M-402.72M-681.23M
Financing Cash Flow-530.76M-293.69M-295.42M-304.57M-190.51M136.13M

SSY Group Technical Analysis

Technical Analysis SentimentNegative
Last Price2.58

Price Trends

50DMA2.67Negative
100DMA2.48Positive
200DMA2.50Positive

Market Momentum

MACD-0.03Positive
RSI41.25Neutral
STOCH25.22Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2005, the sentiment is Negative. The current price of 2.58 is below the 20-day moving average (MA) of 2.68, below the 50-day MA of 2.67, and above the 200-day MA of 2.50, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 41.25 is Neutral, neither overbought nor oversold. The STOCH value of 25.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2005.

SSY Group Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

HK:2005 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:2877HK:287781OutperformHKD 5.67B6.079.81%16.66%-17.74%1.12%
HK:0239HK:023977OutperformHKD 774.43M7.7613.59%7.44%10.63%39.44%
HK:2005HK:200564NeutralHKD 7.61B14.826.72%3.29%-4.42%-21.96%
HK:2348HK:234859NeutralHKD 1.39B5.126.78%6.85%6.55%36.62%
HK:0897HK:089759NeutralHKD 401.18M100.000.34%―-8.30%-44.44%
HK:0570HK:057053NeutralHKD 5.89B-4.81-4.98%0.30%-15.80%-298.94%
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%

* Healthcare Sector Average

Performance Comparison

-40%-20%0%20%HK:2005HK:0570HK:0897HK:2348HK:0239HK:2877Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:2005 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:2005SSY Group 2.58-0.44-14.48%
HK:0570China Traditional Chinese Medicine Holdings Co 1.17-1.16-49.79%
HK:0897Wai Yuen Tong Medicine Holdings Limited0.36-0.10-21.74%
HK:2348Dawnrays Pharmaceutical Holdings Ltd.0.92-0.20-17.86%
HK:0239Pak Fah Yeow International Limited2.480.2511.09%
HK:2877China Shineway Pharmaceutical Group Limited7.501.1317.67%

SSY Group Corporate Events

SSY Group Boosts Employee Share Pool With Market Purchase Under Award Scheme

Oct 28, 2026

SSY Group Limited has confirmed that the trustee of its Restricted Share Award Scheme purchased 400,000 shares on the open market on 28 October 2026, representing about 0.014% of the company’s issued share capital. The purchase, funded entirely...

SSY Group posts double-digit profit and revenue growth on IV solutions rebound

Oct 26, 2026

SSY Group Limited reported unaudited turnover of approximately HK$3,520 million for the nine months ended 30 September 2026, up 13.5% year on year, driven mainly by recovery in its intravenous infusion solution and bulk pharmaceuticals businesses. Gr...

SSY Group Wins China Bulk Drug Approval for Labetalol, Strengthening Hypertension Portfolio

Oct 22, 2026

SSY Group Limited has secured approval from China’s National Medical Products Administration for its Labetalol Hydrochloride as a bulk drug, complementing its previously approved injection preparation used primarily for treating hypertension. T...

SSY Group Wins PRC Approval for New Preservative-Free Allergy Eye Drops

Oct 15, 2026

SSY Group Limited has obtained approval from China’s National Medical Products Administration to produce and register its preservative-free Sodium Cromoglicate Eye Drops 2% in single-dose packaging, an over-the-counter treatment for spring alle...

SSY Group Wins China Approval for Nimodipine Oral Solution, Expands Neurology Portfolio

Oct 8, 2026

SSY Group Limited has received approval from China’s National Medical Products Administration to produce and register its Nimodipine Oral Solution, classified as a type 3 chemical drug that meets consistency evaluation standards. The product ta...

SSY Group Revamps Board as Veteran Executive Wu Hengyao Joins, Su Xuejun Steps Down

Sep 28, 2026

SSY Group has reshaped its senior leadership, appointing veteran executive Mr. Wu Hengyao as an executive director with effect from 28 September 2026 while he continues to serve as president of its key subsidiary Shijiazhuang No. 4 Pharmaceutical. Hi...

SSY Group Sets Out Board Composition and Committee Roles

Sep 28, 2026

SSY Group Limited announced the current composition of its board of directors, confirming Qu Jiguang as executive director, chairman and chief executive officer, supported by a team of executive, non-executive and independent non-executive directors....

SSY Group Wins China Approval for New Antipsychotic Bulk Drug

Sep 16, 2026

SSY Group Limited has obtained Chinese regulatory approval for its Ziprasidone Mesilate as a bulk drug for market preparations, a compound used primarily to treat acute agitation symptoms in patients with schizophrenia. The registration by the Nation...

SSY Group Wins China Approval for New Letermovir Injection

Sep 10, 2026

SSY Group Limited has received approval from China’s National Medical Products Administration to produce and register Letermovir Injection, classified as a type 4 chemical drug that has passed consistency evaluation. The intravenous therapy tar...

SSY Group Buys 1 Million Shares for Employee Award Scheme

Sep 3, 2026

SSY Group Limited has announced that the trustee of its Restricted Share Award Scheme purchased 1,000,000 shares on the open market on 3 September 2026, funded by the company’s internal resources, at an average price of about HK$2.754 per share...

SSY Group Boosts Staff Incentive Pool With Open-Market Share Purchase

Sep 2, 2026

SSY Group Limited has announced that the trustee of its Restricted Share Award Scheme purchased 1,200,000 shares on the open market on 2 September 2026, funded by the company’s internal resources. The purchase represents approximately 0.041% of...

SSY Group Wins Key Approval for Diltiazem Cardiovascular Portfolio in China

Sep 2, 2026

SSY Group Limited has secured approval from China’s National Medical Products Administration for the consistency evaluation of the quality and efficacy of its Diltiazem Hydrochloride Tablets, its third such approval among its PRC entities. The...

SSY Group Expands Restricted Share Award Scheme with Market Buyback

Sep 1, 2026

SSY Group Limited has expanded its restricted share award scheme by funding the purchase of 1,000,000 shares on the open market, to be held in trust for selected participants under the plan. The acquisition, completed on 1 September 2026 at an averag...

SSY Group Boosts Restricted Share Pool With Market Buyback for Incentive Scheme

Aug 31, 2026

SSY Group Limited has disclosed that the trustee of its restricted share award scheme purchased 900,000 shares on the open market on 31 August 2026, funded entirely by the company’s internal resources and representing about 0.030% of its issued...

SSY Group Wins China Approvals for Two Key Diagnostic Injectables

Aug 27, 2026

SSY Group has secured approval from China’s National Medical Products Administration for production and registration of its Gadobutrol Injection, a next-generation macrocyclic MRI contrast agent for adults and children, completing an integrated...

SSY Group Delivers Profit Growth and Higher Dividend Amid Sector Reforms

Aug 26, 2026

SSY Group reported steady growth for the six months to 30 June 2026, navigating a complex macroeconomic backdrop and ongoing reforms in China’s pharmaceutical sector, including centralised procurement and shifting healthcare insurance policies....

SSY Group Declares Interim Cash Dividend for First Half of 2026

Aug 26, 2026

SSY Group Limited has declared an interim ordinary cash dividend of HKD 0.055 per share for the six months ended 30 June 2026, payable in Hong Kong dollars without withholding tax. The ex-dividend date is set for 10 September 2026, with the record da...

SSY Group Secures Approval for New Ozagrel Injection to Bolster Neurology Portfolio

Aug 25, 2026

SSY Group Limited, a China-focused pharmaceutical manufacturer, has expanded its neurology franchise built around ozagrel-based treatments used in hospital and specialist settings. The company previously marketed ozagrel sodium chloride intravenous i...

SSY Group Wins China Approval for Vitamin K1 Injection

Aug 20, 2026

SSY Group Limited has received approval from China’s National Medical Products Administration for production and registration of its Vitamin K1 Injection, which has passed consistency evaluation. The injectable is indicated for treating and pre...

SSY Group Sets Board Meeting to Approve Interim Results and Consider Dividend

Aug 14, 2026

SSY Group Limited has scheduled a board meeting for 26 August 2026 to approve the unaudited interim results for the six months ended 30 June 2026. The meeting will also review whether to recommend an interim dividend, highlighting the company’s...

SSY Group Wins China Approval for New Antipsychotic Bulk Drug

Aug 7, 2026

SSY Group Limited has secured approval from China’s National Medical Products Administration for its Ziprasidone Hydrochloride to be registered as a bulk drug used in market preparations, expanding its presence in second-generation antipsychoti...

SSY Group Wins NMPA Approvals for Four New Drugs, Bolsters Ophthalmic and ICU Portfolios

Aug 6, 2026

SSY Group has secured approvals from China’s National Medical Products Administration for four new drugs, all deemed to have passed consistency evaluation, marking an expansion of its regulated product line. The newly cleared products include a...

SSY Group Wins Full Slate of Bids in China’s 12th National Drug Procurement Round

Aug 3, 2026

SSY Group Limited announced that all 13 products with 16 specifications it submitted for the twelfth batch of China’s National Centralised Medicines Procurement were successfully selected, covering a range of tablets, capsules and injections us...

SSY Group Wins NMPA Approval for New Gastrointestinal and Respiratory Drugs

Jul 30, 2026

SSY Group has received approval from China’s National Medical Products Administration for the production and registration of its Cimetidine Injection, a type 3 chemical drug used primarily in the treatment of digestive tract ulcers. The product...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 24, 2026