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- SEHK:1833
If You Had Bought Ping An Healthcare and Technology (HKG:1833) Shares A Year Ago You'd Have Earned 47% Returns
Ping An Healthcare and Technology Company Limited (HKG:1833) shareholders might be concerned after seeing the share price drop 16% in the last week. But looking back over the last year, the returns have actually been rather pleasing! After all, the share price is up a market-beating 47% in that time.
Check out our latest analysis for Ping An Healthcare and Technology
Because Ping An Healthcare and Technology made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually expect strong revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
Ping An Healthcare and Technology grew its revenue by 35% last year. That's a fairly respectable growth rate. While the share price performed well, gaining 47% over twelve months, you could argue the revenue growth warranted it. If revenue stays on trend, there may be plenty more share price gains to come. But it's crucial to check profitability and cash flow before forming a view on the future.
The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).
Ping An Healthcare and Technology is a well known stock, with plenty of analyst coverage, suggesting some visibility into future growth. So it makes a lot of sense to check out what analysts think Ping An Healthcare and Technology will earn in the future (free analyst consensus estimates)
A Different Perspective
Ping An Healthcare and Technology boasts a total shareholder return of 47% for the last year. And the share price momentum remains respectable, with a gain of 18% in the last three months. Demand for the stock from multiple parties is pushing the price higher; it could be that word is getting out about its virtues as a business. It's always interesting to track share price performance over the longer term. But to understand Ping An Healthcare and Technology better, we need to consider many other factors. Take risks, for example - Ping An Healthcare and Technology has 3 warning signs we think you should be aware of.
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges.
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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About SEHK:1833
Ping An Healthcare and Technology
Operates an online healthcare services platform in China.
Adequate balance sheet with moderate growth potential.