SEHK:8161

Stock Analysis Report

Executive Summary

MediNet Group Limited, an investment holding company, provides medical and dental solutions to corporates, insurance companies, and individuals in Hong Kong.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Share Price & News

How has MediNet Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.3%

8161

4.0%

HK Healthcare

3.3%

HK Market


1 Year Return

-16.0%

8161

-23.4%

HK Healthcare

1.6%

HK Market

Return vs Industry: 8161 exceeded the Hong Kong Healthcare industry which returned -23.4% over the past year.

Return vs Market: 8161 underperformed the Hong Kong Market which returned 1.6% over the past year.


Shareholder returns

8161IndustryMarket
7 Day3.3%4.0%3.3%
30 Day8.6%0.4%-0.009%
90 Day-6.0%-3.5%-5.1%
1 Year-16.0%-16.0%-21.7%-23.4%5.3%1.6%
3 Year-72.4%-72.4%-32.0%-36.0%16.1%4.4%
5 Yearn/a-27.8%-34.1%20.4%0.3%

Price Volatility Vs. Market

How volatile is MediNet Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is MediNet Group undervalued compared to its fair value and its price relative to the market?

1.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 8161's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 8161's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8161 is unprofitable, so we can't compare its PE Ratio to the Healthcare industry average.

PE vs Market: 8161 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 8161's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8161 is good value based on its PB Ratio (1.2x) compared to the HK Healthcare industry average (1.4x).


Next Steps

Future Growth

How is MediNet Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.1%

Forecasted Healthcare industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MediNet Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has MediNet Group performed over the past 5 years?

-66.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 8161 is unprofitable, and losses have increased over the past 5 years at a rate of -66.6% per year.

Accelerating Growth: Unable to compare 8161's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8161 is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (5.6%).


Return on Equity

High ROE: 8161 has a negative Return on Equity (-21.62%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 8161 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 8161 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is MediNet Group's financial position?


Financial Position Analysis

Short Term Liabilities: 8161's short term assets (HK$41.8M) exceeds its short term liabilities (HK$31.6M)

Long Term Liabilities: 8161's short term assets (41.8M) exceeds its long term liabilities (1.2M)


Debt to Equity History and Analysis

Debt Level: 8161 is debt free.

Reducing Debt: 8161 has no debt compared to 5 years ago when its debt to equity ratio was 73.6%.


Balance Sheet

Inventory Level: 8161 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 8161's debt is covered by short term assets.


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: 8161 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 8161 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -19.4% each year


Next Steps

Dividend

What is MediNet Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.3%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 8161's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8161's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 8161's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8161's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 8161 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8161's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of MediNet Group's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average board tenure


CEO

Christine Li (45yo)

0yrs

Tenure

0

Ms. Li Christine serves as General Manager of MediNet Group Limited and served as its Assistant General Manager. Ms. Li is primarily responsible for the overall management of MediNet Group’s day-to-day ope ...


Board Age and Tenure

3.4yrs

Average Tenure

51.5yo

Average Age

Experienced Board: 8161's board of directors are considered experienced (3.4 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Nelson Chan (62yo)

    Executive Chairman & Compliance Officer

    • Tenure: 3.4yrs
    • Compensation: HK$2.42m
  • Jiang Jie (37yo)

    Executive Director

    • Tenure: 4.2yrs
    • Compensation: HK$1.22m
  • Christine Li (45yo)

    General Manager

    • Tenure: 0yrs
  • Jane Ngan (44yo)

    Financial Controller

    • Tenure: 0yrs
  • Man Fai Leung (61yo)

    Company Secretary

    • Tenure: 3.9yrs

Board Members

  • Vincent Leung (55yo)

    Independent Non-Executive Director

    • Tenure: 3.4yrs
    • Compensation: HK$180.00k
  • Nelson Chan (62yo)

    Executive Chairman & Compliance Officer

    • Tenure: 3.4yrs
    • Compensation: HK$2.42m
  • Jiang Jie (37yo)

    Executive Director

    • Tenure: 4.2yrs
    • Compensation: HK$1.22m
  • Geoffrey Lieu (69yo)

    Independent Non-Executive Director

    • Tenure: 3.4yrs
    • Compensation: HK$180.00k
  • Wai Leung Wong (41yo)

    Independent Non-Executive Director

    • Tenure: 3.4yrs
    • Compensation: HK$180.00k
  • Siu Wong (48yo)

    Director of Well Being Dental

    • Tenure: 0yrs

Company Information

MediNet Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MediNet Group Limited
  • Ticker: 8161
  • Exchange: SEHK
  • Founded: 1994
  • Industry: Managed Health Care
  • Sector: Healthcare
  • Market Cap: HK$65.520m
  • Shares outstanding: 1.04b
  • Website: https://www.medinetgroup.com

Number of Employees


Location

  • MediNet Group Limited
  • 101 King’s Road
  • 16th Floor
  • North Point
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8161SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2016

Biography

MediNet Group Limited, an investment holding company, provides medical and dental solutions to corporates, insurance companies, and individuals in Hong Kong. It operates two MediNet Centres that offer a ra ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 12:55
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.