Concord Medical Services Holdings
Market Cap
US$160.6m
Last Updated
2021/01/22 00:25 UTC
Data Sources
Company Financials
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
Risk Analysis
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
| CCM | Industry | Market | |
|---|---|---|---|
| 7 Day | 14.9% | 0.9% | 1.4% |
| 30 Day | 19.0% | 7.5% | 4.9% |
| 90 Day | 97.9% | 11.7% | 14.6% |
| 1 Year | 39.9%39.9% | 16.4%14.9% | 25.4%22.6% |
| 3 Year | 22.1%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
2 weeks ago | Simply Wall St
What Type Of Shareholders Make Up Concord Medical Services Holdings Limited's (NYSE:CCM) Share Registry?4 months ago | Simply Wall St
Concord Medical Services Holdings (NYSE:CCM) Share Prices Have Dropped 57% In The Last Five Years7 months ago | Simply Wall St
Investors Who Bought Concord Medical Services Holdings (NYSE:CCM) Shares Five Years Ago Are Now Down 83%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
- 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.
- Concord Medical Services Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Healthcare industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 13yrs | no data | no data | |
| CFO & President | 1.83yrs | no data | 0.98% CN¥ 1.6m | |
| Chief Operating Officer | 1.83yrs | no data | no data | |
| Chief Medical Officer | 1.83yrs | no data | no data | |
| Financial Controller | 9.17yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 13yrs | no data | no data | |
| Independent Director | 11.08yrs | no data | no data | |
| Director | 13yrs | no data | 0% CN¥ 0 | |
| Independent Director | 9.17yrs | no data | no data | |
| Independent Director | 3.33yrs | no data | no data | |
| Director | 1.17yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CCM | NYSE (New York Stock Exchange) | Yes | SPON ADR CL A | US | USD | Dec 2009 |
| C2CA | DB (Deutsche Boerse AG) | Yes | SPON ADR CL A | DE | EUR | Dec 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 00:25 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.