NYSE:CCM

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Concord Medical Services Holdings

Executive Summary

Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People’s Republic of China. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: CCM is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 55% a week.

Volatility Over Time: CCM's weekly volatility has increased from 30% to 55% over the past year.


Market Performance


7 Day Return

14.9%

CCM

0.9%

US Healthcare

1.4%

US Market


1 Year Return

39.9%

CCM

14.9%

US Healthcare

22.6%

US Market

Return vs Industry: CCM exceeded the US Healthcare industry which returned 14.7% over the past year.

Return vs Market: CCM exceeded the US Market which returned 22.8% over the past year.


Shareholder returns

CCMIndustryMarket
7 Day14.9%0.9%1.4%
30 Day19.0%7.5%4.9%
90 Day97.9%11.7%14.6%
1 Year39.9%39.9%16.4%14.9%25.4%22.6%
3 Year22.1%22.1%32.1%26.5%46.8%37.0%
5 Year-20.3%-20.3%101.5%86.7%132.0%106.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether Concord Medical Services Holdings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Concord Medical Services Holdings has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of CCM's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Concord Medical Services Holdings regulatory filings.
  • Explore potentially undervalued companies in the Healthcare industry.

Future Growth

How is Concord Medical Services Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.4%

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 Concord Medical Services Holdings 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 Concord Medical Services Holdings performed over the past 5 years?

-33.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCM is currently unprofitable.

Growing Profit Margin: CCM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CCM is unprofitable, and losses have increased over the past 5 years at a rate of 33.7% per year.

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

Earnings vs Industry: CCM is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (21.4%).


Return on Equity

High ROE: CCM has a negative Return on Equity (-14.09%), as it is currently unprofitable.


Next Steps

Financial Health

How is Concord Medical Services Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: CCM's short term assets (CN¥962.6M) exceed its short term liabilities (CN¥821.1M).

Long Term Liabilities: CCM's short term assets (CN¥962.6M) do not cover its long term liabilities (CN¥2.1B).


Debt to Equity History and Analysis

Debt Level: CCM's debt to equity ratio (84.9%) is considered high.

Reducing Debt: CCM's debt to equity ratio has increased from 53.3% to 84.9% over the past 5 years.


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: Insufficient data to determine if CCM has enough cash runway based on its current free cash flow.

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


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate CCM'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 CCM's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: CCM is not paying a notable dividend for the US market.


Future Payout to Shareholders

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


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Jianyu Yang (49 yo)

13yrs

Tenure

Dr. Jianyu Yang has been the Chief Executive Officer at Concord Medical Services Holdings Limited since 2008 and served as its President from 2008 to November 27, 2011. Dr. Yang served as the Chief Executi...


Leadership Team

NamePositionTenureCompensationOwnership
Jianyu Yang
Chairman & CEO13yrsno datano data
Yaw Kong Yap
CFO & President1.83yrsno data0.98%
CN¥ 1.6m
Xiao Fu
Chief Operating Officer1.83yrsno datano data
Matthew Callister
Chief Medical Officer1.83yrsno datano data
Xun Liu
Financial Controller9.17yrsno datano data

1.8yrs

Average Tenure

51.5yo

Average Age

Experienced Management: CCM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jianyu Yang
Chairman & CEO13yrsno datano data
Ting Bun Lee
Independent Director11.08yrsno datano data
Zheng Cheng
Director13yrsno data0%
CN¥ 0
Weibo Yin
Independent Director9.17yrsno datano data
Liping Zhang
Independent Director3.33yrsno datano data
Qing Pan
Director1.17yrsno datano data

9.2yrs

Average Tenure

51yo

Average Age

Experienced Board: CCM's board of directors are considered experienced (9.2 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Concord Medical Services Holdings Limited
  • Ticker: CCM
  • Exchange: NYSE
  • Founded: 2007
  • Industry: Health Care Services
  • Sector: Healthcare
  • Market Cap: US$160.632m
  • Shares outstanding: 43.41m
  • Website: https://www.concordmedical.com

Number of Employees


Location

  • Concord Medical Services Holdings Limited
  • Tower A, Global Trade Center
  • 18th Floor
  • Beijing
  • 100013
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CCMNYSE (New York Stock Exchange)YesSPON ADR CL AUSUSDDec 2009
C2CADB (Deutsche Boerse AG)YesSPON ADR CL ADEEURDec 2009

Biography

Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People’s Republic of China. The company operates in Network and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 00:25
End of Day Share Price2021/01/21 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.