SEHK:1833

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Ping An Healthcare and Technology

Executive Summary

Ping An Healthcare and Technology Company Limited operates an Internet healthcare platform in the People's Republic of China. More Details


Snowflake Analysis

High growth potential with excellent balance sheet.

Share Price & News

How has Ping An Healthcare and Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1833 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 1833's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-4.2%

1833

6.1%

HK Healthcare Services

1.5%

HK Market


1 Year Return

83.1%

1833

134.9%

HK Healthcare Services

11.3%

HK Market

Return vs Industry: 1833 underperformed the Hong Kong Healthcare Services industry which returned 134.9% over the past year.

Return vs Market: 1833 exceeded the Hong Kong Market which returned 11.3% over the past year.


Shareholder returns

1833IndustryMarket
7 Day-4.2%6.1%1.5%
30 Day-5.1%13.9%10.1%
90 Day-16.9%20.3%7.5%
1 Year83.1%83.1%135.3%134.9%15.9%11.3%
3 Yearn/a328.4%325.3%1.7%-8.9%
5 Yearn/a265.2%261.7%33.3%10.9%

Long-Term Price Volatility Vs. Market

How volatile is Ping An Healthcare and Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ping An Healthcare and Technology undervalued compared to its fair value and its price relative to the market?

9.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 1833 (HK$94.85) is trading above our estimate of fair value (HK$67.52)

Significantly Below Fair Value: 1833 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1833 is unprofitable, so we can't compare its PE Ratio to the XA Healthcare Services industry average.

PE vs Market: 1833 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1833's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1833 is overvalued based on its PB Ratio (9.1x) compared to the XA Healthcare Services industry average (5.3x).


Next Steps

Future Growth

How is Ping An Healthcare and Technology forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

64.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1833 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: 1833 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1833's is expected to become profitable in the next 3 years.

Revenue vs Market: 1833's revenue (29.2% per year) is forecast to grow faster than the Hong Kong market (13.7% per year).

High Growth Revenue: 1833's revenue (29.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1833's Return on Equity is forecast to be low in 3 years time (7.6%).


Next Steps

Past Performance

How has Ping An Healthcare and Technology performed over the past 5 years?

-4.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1833 is currently unprofitable.

Growing Profit Margin: 1833 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1833 is unprofitable, and losses have increased over the past 5 years at a rate of 4.3% per year.

Accelerating Growth: Unable to compare 1833's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1833 is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (-9.2%).


Return on Equity

High ROE: 1833 has a negative Return on Equity (-7.22%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ping An Healthcare and Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 1833's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥2.9B).

Long Term Liabilities: 1833's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥59.2M).


Debt to Equity History and Analysis

Debt Level: 1833 is debt free.

Reducing Debt: 1833 had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 1833 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 1833 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Ping An Healthcare and Technology current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1833's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1833's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1833's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1833's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1833's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Weihao Fang (47 yo)

0.50

Tenure

Mr. Weihao Fang serves as Executive Director, Acting Chairman and Chief Executive Officer at Ping An Healthcare and Technology Company Limited since May 15, 2020. Mr. Fang served as Executive Vice Presiden...


Leadership Team

NamePositionTenureCompensationOwnership
Weihao Fang
Acting Chairman & CEO0.50yrno datano data
Lan Ye
CFO & Assistant to GM0.25yrno datano data
Zongxun Wu
Chief Product Officer of Ping An Health Cloud6.17yrsno datano data
Qi Wang
Chief Technology Officer of Ping An Health Cloud6.17yrsno datano data
Xue Bai
Chief Operation Officer of Ping An Health Cloud6.17yrsno datano data
Weijun Chen
Chief Innovation Officer of Ping An Health Cloud1.5yrsno datano data
Chun Chen
Joint Company Secretary2.83yrsno datano data
Cheng Liu
Board Secretary & Joint Company Secretary0.42yrno datano data

2.2yrs

Average Tenure

45yo

Average Age

Experienced Management: 1833's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Weihao Fang
Acting Chairman & CEO0.50yrno datano data
Lijun Lin
Non-Executive Director0.67yrno datano data
Yunwei Tang
Independent Non-Executive Director2.5yrsCN¥352.00kno data
Tianyong Guo
Independent Non-Executive Director2.5yrsCN¥352.00kno data
Fangfang Cai
Non-Executive Director4.5yrsno datano data
Zhongwu Pan
Non-Executive Director0.67yrno datano data
Sin Yin Tan
Non-Executive Director1yrno datano data
Jason Bo Yao
Non-Executive Director4.5yrsno datano data
Wing Kin Chow
Independent Non-Executive Director2.5yrsCN¥432.00kno data
Xin Liu
Independent Non-Executive Director2.5yrsCN¥352.00kno data

2.5yrs

Average Tenure

51yo

Average Age

Experienced Board: 1833's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.5%.


Top Shareholders

Company Information

Ping An Healthcare and Technology Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ping An Healthcare and Technology Company Limited
  • Ticker: 1833
  • Exchange: SEHK
  • Founded: 2014
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: HK$106.239b
  • Shares outstanding: 1.15b
  • Website: https://www.pahtg.com

Number of Employees


Location

  • Ping An Healthcare and Technology Company Limited
  • Shanghai Ping An Building
  • 17-19 Floors
  • Shanghai
  • Shanghai Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1833SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary sharesHKHKDMay 2018
1833SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary sharesHKHKDMay 2018
1833SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary sharesHKHKDMay 2018
1XZDB (Deutsche Boerse AG)YesOrdinary sharesDEEURMay 2018
PANH.FOTCPK (Pink Sheets LLC)YesOrdinary sharesUSUSDMay 2018
PIAH.YOTCPK (Pink Sheets LLC)UNSPONSRED ADSUSUSDJul 2018

Biography

Ping An Healthcare and Technology Company Limited operates an Internet healthcare platform in the People's Republic of China. It offers online medical services, such as online consultation, hospital referr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/30 10:18
End of Day Share Price2020/11/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.