China Resources Medical Holdings
Market Cap
HK$5.8b
Last Updated
2019/12/15 12:59 UTC
Data Sources
Company Financials +
Executive Summary
China Resources Medical Holdings Company Limited, an investment holding company, provides general healthcare, and hospital management and consulting services in the People’s Republic of China.
Snowflake Analysis
Solid track record with excellent balance sheet.
Similar Companies
Share Price & News
How has China Resources Medical Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1515 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.7%
1515
1.0%
HK Healthcare
3.7%
HK Market
1 Year Return
-19.7%
1515
-19.6%
HK Healthcare
2.4%
HK Market
Return vs Industry: 1515 matched the Hong Kong Healthcare industry which returned -19.6% over the past year.
Return vs Market: 1515 underperformed the Hong Kong Market which returned 2.4% over the past year.
Shareholder returns
| 1515 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | 1.0% | 3.7% |
| 30 Day | -5.1% | -2.9% | 4.2% |
| 90 Day | -14.0% | -3.1% | 1.7% |
| 1 Year | -18.0%-19.7% | -17.9%-19.6% | 6.0%2.4% |
| 3 Year | -57.0%-58.6% | -23.3%-28.0% | 25.6%12.9% |
| 5 Year | -62.7%-64.7% | -12.5%-20.4% | 23.2%2.5% |
Price Volatility Vs. Market
How volatile is China Resources Medical Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
China Resources Medical Holdings (HKG:1515) Seems To Use Debt Rather Sparingly2 weeks ago | Simply Wall St
China Resources Medical Holdings Company Limited (HKG:1515) Is Yielding 2.7% - But Is It A Buy?3 weeks ago | Simply Wall St
Is China Resources Medical Holdings Company Limited's (HKG:1515) 7.3% ROE Better Than Average?Valuation
Is China Resources Medical Holdings undervalued compared to its fair value and its price relative to the market?
12.1x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1515 (HK$4.44) is trading above our estimate of fair value (HK$2.41)
Significantly Below Fair Value: 1515 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1515 is good value based on its PE Ratio (12.1x) compared to the Healthcare industry average (15.2x).
PE vs Market: 1515 is poor value based on its PE Ratio (12.1x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: 1515 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: 1515 is good value based on its PB Ratio (0.9x) compared to the HK Healthcare industry average (1.4x).
Next Steps
Future Growth
How is China Resources Medical Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
10.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1515's forecast earnings growth (10.4% per year) is above the savings rate (1.6%).
Earnings vs Market: 1515's earnings (10.4% per year) are forecast to grow slower than the Hong Kong market (11.6% per year).
High Growth Earnings: 1515's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1515's revenue (4.8% per year) is forecast to grow slower than the Hong Kong market (10.3% per year).
High Growth Revenue: 1515's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1515's Return on Equity is forecast to be low in 3 years time (7.5%).
Next Steps
Past Performance
How has China Resources Medical Holdings performed over the past 5 years?
4.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1515 has high quality earnings.
Growing Profit Margin: 1515's current net profit margins (19.5%) are higher than last year (15.4%).
Past Earnings Growth Analysis
Earnings Trend: 1515 has become profitable over the past 5 years, growing earnings by 4.4% per year.
Accelerating Growth: 1515's earnings growth over the past year (38.2%) exceeds its 5-year average (4.4% per year).
Earnings vs Industry: 1515 earnings growth over the past year (38.2%) exceeded the Healthcare industry 9.5%.
Return on Equity
High ROE: 1515's Return on Equity (7.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is China Resources Medical Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1515's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 1515's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥348.1M).
Debt to Equity History and Analysis
Debt Level: 1515's debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 1515's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1515's debt is well covered by operating cash flow (48.4%).
Interest Coverage: 1515 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 1515 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 1515's debt is covered by short term assets (assets are 5.9x debt).
Next Steps
Dividend
What is China Resources Medical Holdings's current dividend yield, its reliability and sustainability?
2.65%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 1515's dividend (2.65%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.22%).
High Dividend: 1515's dividend (2.65%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.17%).
Stability and Growth of Payments
Stable Dividend: 1515 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1515's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.1%), 1515's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1515's dividends in 3 years are forecast to be well covered by earnings (15.7% payout ratio).
Next Steps
Management
What is the CEO of China Resources Medical Holdings's salary, the management and board of directors tenure and is there insider trading?
2.2yrs
Average management tenure
CEO
Libing Cheng (55yo)
1.3yrs
Tenure
CN¥5,352,000
Compensation
Mr. Libing Cheng serves as Vice President of Phoenix Healthcare Group Co. Ltd. Mr. Cheng served as an Executive General Manager at Phoenix Healthcare Group Co. Ltd. since March 2013. Mr. Cheng joined Phoen ...
CEO Compensation Analysis
Compensation vs Market: Libing's total compensation ($USD766.87K) is above average for companies of similar size in the Hong Kong market ($USD477.59K).
Compensation vs Earnings: Libing's compensation has increased by more than 20% in the past year.
Management Age and Tenure
2.2yrs
Average Tenure
46yo
Average Age
Experienced Management: 1515's management team is considered experienced (2.2 years average tenure).
Board Age and Tenure
2.6yrs
Average Tenure
54.5yo
Average Age
Experienced Board: 1515's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 5,201,500 |
| Max Price | HK$5.42 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Qing Song (54yo)
Vice Chairman
- Tenure: 1.3yrs
Yuan Ren (46yo)
CFO & Executive Director
- Tenure: 2.2yrs
- Compensation: CN¥2.24m
Zechang Xu (57yo)
Executive General Manager
- Tenure: 3yrs
- Compensation: CN¥2.92m
Libing Cheng (55yo)
CEO, President
- Tenure: 1.3yrs
- Compensation: CN¥5.35m
Yiu So (37yo)
Company Secretary
- Tenure: 1.4yrs
Yanjun Fu (39yo)
Deputy GM & Executive Director
- Tenure: 2.2yrs
- Compensation: CN¥3.17m
Lin Du (39yo)
Chief General Counsel & Board Secretary
- Tenure: 0yrs
Board Members
Kathy Chiu (70yo)
Independent Non-Executive Director
- Tenure: 1.8yrs
- Compensation: CN¥199.00k
Yuning Fu (62yo)
Honorary Chairman
- Tenure: 3.1yrs
Qing Song (54yo)
Vice Chairman
- Tenure: 1.3yrs
Yuan Ren (46yo)
CFO & Executive Director
- Tenure: 2.2yrs
- Compensation: CN¥2.24m
Yan Wang (47yo)
Non-Executive Director
- Tenure: 3.1yrs
Kwok Kong Kwong (72yo)
Independent Non-Executive Director
- Tenure: 6.3yrs
- Compensation: CN¥422.00k
Libing Cheng (55yo)
CEO, President
- Tenure: 1.3yrs
- Compensation: CN¥5.35m
Felix Lee (37yo)
Independent Non-Executive Director
- Tenure: 4.3yrs
- Compensation: CN¥240.00k
Yanjun Fu (39yo)
Deputy GM & Executive Director
- Tenure: 2.2yrs
- Compensation: CN¥3.17m
Anthony Wu (64yo)
Independent Chairman
- Tenure: 1.3yrs
- Compensation: CN¥358.00k
Company Information
China Resources Medical Holdings Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Resources Medical Holdings Company Limited
- Ticker: 1515
- Exchange: SEHK
- Founded: 2007
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: HK$5.757b
- Shares outstanding: 1.30b
- Website: https://www.crmedical.hk
Number of Employees
Location
- China Resources Medical Holdings Company Limited
- E-825, No. 6 Taiping Street
- Xicheng District
- Beijing
- 100050
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1515 | SEHK (The Stock Exchange of Hong Kong Ltd.) | HKD0.00025 | HK | HKD | No data | |
| 1515 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Nov 2013 |
| 1PH | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 2013 |
| 1515 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Nov 2013 |
| 1515 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Nov 2013 |
Biography
China Resources Medical Holdings Company Limited, an investment holding company, provides general healthcare, and hospital management and consulting services in the People’s Republic of China. The company ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/15 12:59 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.