1406 Stock Overview
Clarity Medical Group Holding Limited, an investment holding company, engages in the provision of ophthalmic healthcare services in Hong Kong.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Clarity Medical Group Holding Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.56 |
| 52 Week High | HK$1.29 |
| 52 Week Low | HK$0.40 |
| Beta | 0.70 |
| 1 Month Change | -20.00% |
| 3 Month Change | 0% |
| 1 Year Change | -54.84% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -63.64% |
Recent News & Updates
Recent updates
Investors Could Be Concerned With Clarity Medical Group Holding's (HKG:1406) Returns On Capital
Mar 21
Weak Statutory Earnings May Not Tell The Whole Story For Clarity Medical Group Holding (HKG:1406)
Dec 26Clarity Medical Group Holding Limited's (HKG:1406) Shares Climb 28% But Its Business Is Yet to Catch Up
Aug 16Shareholder Returns
| 1406 | HK Healthcare | HK Market | |
|---|---|---|---|
| 7D | -3.4% | 6.3% | 3.5% |
| 1Y | -54.8% | -29.9% | -9.9% |
Return vs Industry: 1406 underperformed the Hong Kong Healthcare industry which returned -29.9% over the past year.
Return vs Market: 1406 underperformed the Hong Kong Market which returned -9.9% over the past year.
Price Volatility
| 1406 volatility | |
|---|---|
| 1406 Average Weekly Movement | 12.9% |
| Healthcare Industry Average Movement | 6.6% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in HK Market | 14.7% |
| 10% least volatile stocks in HK Market | 3.6% |
Stable Share Price: 1406's share price has been volatile over the past 3 months.
Volatility Over Time: 1406's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 135 | Chris Hui | www.claritymedic.com |
Clarity Medical Group Holding Limited, an investment holding company, engages in the provision of ophthalmic healthcare services in Hong Kong. The company offers refractive treatment services, including SMILE and LASIK surgeries, multifocal implantable intraocular lens replacements, and implantable collamer lens implantations. It also provides treatments for other eye problems, such as standard cataract surgeries, pars plan vitrectomy surgeries, laser procedures, and other treatments and surgeries.
Clarity Medical Group Holding Limited Fundamentals Summary
| 1406 fundamental statistics | |
|---|---|
| Market cap | HK$295.75m |
| Earnings (TTM) | -HK$31.12m |
| Revenue (TTM) | HK$207.77m |
1.4x
P/S Ratio-9.5x
P/E RatioIs 1406 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1406 income statement (TTM) | |
|---|---|
| Revenue | HK$207.77m |
| Cost of Revenue | HK$98.16m |
| Gross Profit | HK$109.61m |
| Other Expenses | HK$140.73m |
| Earnings | -HK$31.12m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.059 |
| Gross Margin | 52.75% |
| Net Profit Margin | -14.98% |
| Debt/Equity Ratio | 0% |
How did 1406 perform over the long term?
See historical performance and comparison