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Kangji Medical Holdings

Market Cap

HK$11.9b

Last Updated

2021/04/14 10:24 UTC

Data Sources

Company Financials +

Executive Summary

Kangji Medical Holdings Limited, through its subsidiaries, engages in the research, development, manufacture, and sale of minimally invasive surgical instruments and accessories in China. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.

Share Price & News

How has Kangji Medical Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 9997 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 9997's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-2.7%

9997

-0.7%

HK Medical Equipment

-2.5%

HK Market


1 Year Return

n/a

9997

38.4%

HK Medical Equipment

26.4%

HK Market

Return vs Industry: Insufficient data to determine how 9997 performed against the Hong Kong Medical Equipment industry.

Return vs Market: Insufficient data to determine how 9997 performed against the Hong Kong Market.


Shareholder returns

9997IndustryMarket
7 Day-2.7%-0.7%-2.5%
30 Day-11.6%6.6%-1.8%
90 Day-32.3%-9.3%0.5%
1 Yearn/a39.8%38.4%31.2%26.4%
3 Yearn/a198.8%185.6%6.0%-5.2%
5 Yearn/a280.9%248.2%47.3%22.5%

Long-Term Price Volatility Vs. Market

How volatile is Kangji Medical Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Kangji Medical Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 9997 (HK$9.39) is trading below our estimate of fair value (HK$34.99)

Significantly Below Fair Value: 9997 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 9997 is poor value based on its PE Ratio (30.1x) compared to the HK Medical Equipment industry average (28.5x).

PE vs Market: 9997 is poor value based on its PE Ratio (30.1x) compared to the Hong Kong market (11.6x).


Price to Earnings Growth Ratio

PEG Ratio: 9997 is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: 9997 is overvalued based on its PB Ratio (3.4x) compared to the HK Medical Equipment industry average (3.1x).


Future Growth

How is Kangji Medical Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

42.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9997's forecast earnings growth (42.4% per year) is above the savings rate (1.5%).

Earnings vs Market: 9997's earnings (42.4% per year) are forecast to grow faster than the Hong Kong market (19.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 9997's revenue (37.2% per year) is forecast to grow faster than the Hong Kong market (13.8% per year).

High Growth Revenue: 9997's revenue (37.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9997's Return on Equity is forecast to be high in 3 years time (23.1%)


Past Performance

How has Kangji Medical Holdings performed over the past 5 years?

21.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 9997 has high quality earnings.

Growing Profit Margin: 9997's current net profit margins (48.9%) are higher than last year (41%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 9997's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 9997's past year earnings growth to its 5-year average.

Earnings vs Industry: 9997 earnings growth over the past year (21.3%) exceeded the Medical Equipment industry 19.7%.


Return on Equity

High ROE: 9997's Return on Equity (8.8%) is considered low.


Financial Health

How is Kangji Medical Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 9997's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥75.4M).

Long Term Liabilities: 9997's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥8.2M).


Debt to Equity History and Analysis

Debt Level: 9997 is debt free.

Reducing Debt: 9997 has not had any debt for past 5 years.

Debt Coverage: 9997 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 9997 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Kangji Medical Holdings's current dividend yield, its reliability and sustainability?

0.46%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 9997's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (1.97%).

High Dividend: 9997's dividend (0.47%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.01%).


Stability and Growth of Payments

Stable Dividend: 9997 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 9997 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 9997 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 9997'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?


CEO

Ming Zhong

no data

Tenure

Mr. Ming Zhong serve a Chairman & Chief Executive Officer of kangji Medical Holdings Limited.


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: 9997 only recently listed within the past 12 months.


Top Shareholders

Company Information

Kangji Medical Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kangji Medical Holdings Limited
  • Ticker: 9997
  • Exchange: SHSC
  • Founded: 2004
  • Industry: Health Care Supplies
  • Sector: Healthcare
  • Market Cap: HK$11.934b
  • Shares outstanding: 1.25b
  • Website: https://www.kangjimedical.com

Number of Employees


Location

  • Kangji Medical Holdings Limited
  • Tonglu Economic Development Zone
  • No. 1668 Chunjiang East Road
  • Hangzhou
  • Zhejiang Province
  • China

Listings


Biography

Kangji Medical Holdings Limited, through its subsidiaries, engages in the research, development, manufacture, and sale of minimally invasive surgical instruments and accessories in China. It offers disposa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/14 10:24
End of Day Share Price2021/04/13 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.