Why is China's pharmaceutical stock price so low

1, industry policy impact, the pharmaceutical industry is a policy sensitive industry, policy changes may have an impact on the performance and earnings of listed companies.

2, the pharmaceutical industry is highly competitive, the market pattern is constantly changing. Companies need to invest heavily in research and development, production and sales to maintain competitiveness and market share. Some of these companies may benefit from continued business growth and increased profits.

3. The business model and profit model of the pharmaceutical industry are constantly changing with market development and policy changes. Some companies may have more traditional profit models, slow market growth, or even some policy restrictions.