Concord Medical Services Holdings
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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 last earnings update was 234 days ago. More info.
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- Concord Medical Services Holdings has significant price volatility in the past 3 months.
CCM Share Price and Events
7 Day Returns
1 Year Returns
CCM Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Concord Medical Services Holdings (CCM) | 5.1% | -9.8% | -15.1% | -19.6% | -44.7% | -62.1% |
| US Healthcare | -5.3% | -10% | -11.9% | -5.5% | 11.3% | 59.5% |
| US Market | 0.2% | 2.1% | 8.5% | 6.3% | 37.9% | 45.7% |
1 Year Return vs Industry and Market
- CCM underperformed the Healthcare industry which returned -5.5% over the past year.
- CCM underperformed the Market in United States of America which returned 6.3% over the past year.
CCM Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Concord Medical Services Holdings. This is due to cash flow or dividend data being unavailable. The share price is $2.7.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Concord Medical Services Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Concord Medical Services Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-06-30) in CNY | CN¥-7.18 |
| NYSE:CCM Share Price ** | NYSE (2019-04-18) in USD | $2.7 |
| NYSE:CCM Share Price converted to CNY reporting currency | Exchange rate (USD/ CNY) 6.708 | CN¥18.11 |
| United States of America Healthcare Industry PE Ratio | Median Figure of 53 Publicly-Listed Healthcare Companies | 20.9x |
| United States of America Market PE Ratio | Median Figure of 3,081 Publicly-Listed Companies | 18.15x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Concord Medical Services Holdings.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:CCM Share Price ÷ EPS (both in CNY) = 18.11 ÷ -7.18 |
-2.52x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Concord Medical Services Holdings is loss making, we can't compare its value to the US Healthcare industry average.
- Concord Medical Services Holdings is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does
Concord Medical Services Holdings's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -2.52x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
Not available |
| United States of America Healthcare Industry PEG Ratio | Median Figure of 40 Publicly-Listed Healthcare Companies | 1.48x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.57x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Concord Medical Services Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Concord Medical Services Holdings's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-06-30) in CNY | CN¥18.48 |
| NYSE:CCM Share Price * | NYSE (2019-04-18) in USD | $2.7 |
| NYSE:CCM Share Price converted to CNY reporting currency | Exchange rate (USD/ CNY) 6.708 | CN¥18.11 |
| United States of America Healthcare Industry PB Ratio | Median Figure of 92 Publicly-Listed Healthcare Companies | 2.33x |
| United States of America Market PB Ratio | Median Figure of 5,178 Publicly-Listed Companies | 1.91x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:CCM Share Price ÷ Book Value per Share (both in CNY) = 18.11 ÷ 18.48 |
0.98x |
* Primary Listing of Concord Medical Services Holdings.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Concord Medical Services Holdings is good value based on assets compared to the US Healthcare industry average.
Value checks
We assess Concord Medical Services Holdings's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Healthcare industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Healthcare industry average (and greater than 0)? (1 check) Concord Medical Services Holdings has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
CCM Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare Concord Medical Services Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Concord Medical Services Holdings's earnings growth to the United States of America market average as no estimate data is available.
- Concord Medical Services Holdings's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:CCM Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | -0.1% |
| United States of America Healthcare Industry Earnings Growth Rate | Market Cap Weighted Average | 13.2% |
| United States of America Healthcare Industry Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (9 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in CNY Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 232 | 1 | ||
| 2019-12-31 | 236 | 1 | ||
| 2018-12-31 | 240 | 1 |
| Date (Data in CNY Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-06-30 | 230 | -311 | |
| 2018-03-31 | 280 | -297 | |
| 2017-12-31 | 331 | 27 | -284 |
| 2017-09-30 | 369 | -299 | |
| 2017-06-30 | 407 | -313 | |
| 2017-03-31 | 433 | -281 | |
| 2016-12-31 | 455 | -78 | -262 |
| 2016-09-30 | 492 | -322 | |
| 2016-06-30 | 546 | -194 | |
| 2016-03-31 | 591 | -139 | |
| 2015-12-31 | 616 | -175 | -78 |
| 2015-09-30 | 405 | 96 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (9 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from Concord Medical Services Holdings Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CNY Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | ||||
| 2019-12-31 | ||||
| 2018-12-31 |
| Date (Data in CNY Millions) | EPS * |
|---|---|
| 2018-06-30 | -7.18 |
| 2018-03-31 | -6.87 |
| 2017-12-31 | -6.56 |
| 2017-09-30 | -6.88 |
| 2017-06-30 | -7.21 |
| 2017-03-31 | -6.46 |
| 2016-12-31 | -6.01 |
| 2016-09-30 | -7.34 |
| 2016-06-30 | -4.38 |
| 2016-03-31 | -3.12 |
| 2015-12-31 | -1.75 |
| 2015-09-30 | 2.13 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Concord Medical Services Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Future performance checks
We assess Concord Medical Services Holdings's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Concord Medical Services Holdings has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
CCM Past Performance
How has Concord Medical Services Holdings performed over the past 5 years?
- Concord Medical Services Holdings's last earnings update was 234 days ago.
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Concord Medical Services Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare Concord Medical Services Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Concord Medical Services Holdings's 1-year growth to the US Healthcare industry average as it is not currently profitable.
Earnings and Revenue History
All data from Concord Medical Services Holdings Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CNY Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-06-30 | 229.85 | -310.67 | 259.91 | |
| 2018-03-31 | 280.41 | -297.49 | 270.58 | |
| 2017-12-31 | 330.98 | -284.32 | 281.25 | |
| 2017-09-30 | 368.81 | -298.80 | 293.34 | |
| 2017-06-30 | 406.65 | -313.28 | 305.43 | |
| 2017-03-31 | 433.16 | -280.60 | 288.99 | |
| 2016-12-31 | 455.04 | -261.87 | 276.00 | |
| 2016-09-30 | 491.78 | -321.74 | 272.96 | |
| 2016-06-30 | 545.88 | -193.72 | 255.78 | |
| 2016-03-31 | 590.80 | -138.99 | 258.60 | |
| 2015-12-31 | 616.49 | -78.30 | 245.77 | |
| 2015-09-30 | 405.28 | 95.69 | 198.14 | |
| 2015-06-30 | 504.21 | 103.70 | 167.63 | |
| 2015-03-31 | 614.96 | 102.17 | 153.62 | |
| 2014-12-31 | 606.88 | 99.23 | 148.67 | |
| 2014-09-30 | 552.34 | 90.77 | 168.66 | |
| 2014-06-30 | 1,060.61 | 98.79 | 207.86 | |
| 2014-03-31 | 501.83 | 81.03 | 189.70 | |
| 2013-12-31 | 563.12 | 75.13 | 189.17 | |
| 2013-09-30 | 904.96 | 107.02 | 172.90 | |
| 2013-06-30 | 877.05 | 118.20 | 161.57 | |
| 2013-03-31 | 759.53 | 126.34 | 142.58 | |
| 2012-12-31 | 455.65 | 123.24 | 115.02 | |
| 2012-09-30 | 563.47 | -211.37 | 137.59 | |
| 2012-06-30 | 482.13 | -211.90 | 131.53 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Concord Medical Services Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Concord Medical Services Holdings has efficiently used its assets last year compared to the US Healthcare industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Concord Medical Services Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Concord Medical Services Holdings's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Healthcare industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Concord Medical Services Holdings has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
CCM Health
How is Concord Medical Services Holdings's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Concord Medical Services Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
- Concord Medical Services Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Concord Medical Services Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Concord Medical Services Holdings Company Filings, last reported 9 months ago.
| Date (Data in CNY Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-06-30 | 2,534.68 | 1,061.05 | 459.97 |
| 2018-03-31 | 2,534.68 | 1,061.05 | 459.97 |
| 2017-12-31 | 1,411.20 | 1,593.52 | 98.19 |
| 2017-09-30 | 1,411.20 | 1,593.52 | 98.19 |
| 2017-06-30 | 1,136.37 | 2,140.85 | 608.20 |
| 2017-03-31 | 1,136.37 | 2,140.85 | 608.20 |
| 2016-12-31 | 1,231.77 | 1,717.79 | 189.91 |
| 2016-09-30 | 1,231.77 | 1,717.79 | 189.91 |
| 2016-06-30 | 1,394.03 | 1,596.07 | 164.01 |
| 2016-03-31 | 1,398.84 | 1,730.87 | 181.29 |
| 2015-12-31 | 1,433.79 | 1,599.14 | 545.44 |
| 2015-09-30 | 1,863.71 | 1,135.60 | 158.37 |
| 2015-06-30 | 1,868.52 | 1,047.31 | 461.99 |
| 2015-03-31 | 1,832.49 | 841.91 | 572.93 |
| 2014-12-31 | 1,800.06 | 903.84 | 478.68 |
| 2014-09-30 | 2,094.12 | 1,151.60 | 246.99 |
| 2014-06-30 | 2,299.38 | 1,041.38 | 318.97 |
| 2014-03-31 | 2,258.58 | 1,105.68 | 221.45 |
| 2013-12-31 | 2,433.72 | 1,086.25 | 283.03 |
| 2013-09-30 | 2,419.84 | 965.61 | 166.56 |
| 2013-06-30 | 2,391.73 | 1,026.22 | 215.03 |
| 2013-03-31 | 2,358.57 | 1,013.24 | 181.51 |
| 2012-12-31 | 2,339.91 | 877.57 | 75.38 |
| 2012-09-30 | 2,345.94 | 471.05 | 324.02 |
| 2012-06-30 | 2,083.99 | 284.15 | 130.73 |
- Concord Medical Services Holdings's level of debt (41.9%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (42.9% vs 41.9% today).
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.
- Concord Medical Services Holdings has sufficient cash runway for 1.7 years based on current free cash flow.
- Concord Medical Services Holdings has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of -15.8% each year.
Financial health checks
We assess Concord Medical Services Holdings's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Concord Medical Services Holdings has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
CCM Dividends
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Concord Medical Services Holdings
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Concord Medical Services Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Concord Medical Services Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| United States of America Healthcare Industry Average Dividend Yield | Market Cap Weighted Average of 21 Stocks | 1.6% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2009 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in CN¥) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | 0.00 | 1.00 |
| 2019-12-31 | 0.00 | 1.00 |
| 2018-12-31 | 0.00 | 1.00 |
| Date (Data in CN¥) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2017-08-25 | 0.000 | 0.000 |
| 2017-05-01 | 0.000 | 0.000 |
| 2015-12-11 | 6.390 | 22.237 |
| 2013-03-20 | 0.000 | 0.000 |
| 2012-11-21 | 0.000 | 0.000 |
| 2012-11-20 | 0.000 | 0.000 |
| 2012-08-20 | 0.000 | 0.000 |
| 2012-05-21 | 0.000 | 0.000 |
| 2012-04-25 | 0.000 | 0.000 |
| 2010-06-30 | 0.731 | 2.304 |
| 2010-03-19 | 0.731 | 1.625 |
| 2009-12-11 | 0.731 | 1.185 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Concord Medical Services Holdings has not reported any payouts.
- Unable to verify if Concord Medical Services Holdings's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Concord Medical Services Holdings's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Concord Medical Services Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Concord Medical Services Holdings has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
CCM Management
CEO
| COMPENSATION | CN¥0 |
| AGE | 47 |
| TENURE AS CEO | 11.3 years |
CEO Bio
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 Executive Officer of Eguard Resource Development Co., Ltd., a PRC company listed on the Shenzhen Stock Exchange in China principally engaged in the provision of comprehensive solutions in recycling, re-use of solid wastes and wastewater since 2003, vice president of Beijing Sound Environmental Group Co. Ltd. from 2002 to 2003, Assistant to the General Manager of Xiangcai Securities Co., Ltd. from 2000 to 2002 and Senior Economist at China Agricultural Bank from 1999 to 2000. He has been the Chairman of the Board at Concord Medical Services Holdings Limited since November 27, 2011 and has been Director since 2008. Dr. Yang received a doctorate degree in economics from Liaoning University in 1999 in China.
CEO Compensation
- Insufficient data for Jianyu to compare compensation growth.
- Jianyu's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure of the Concord Medical Services Holdings management team in years:
- The average tenure for the Concord Medical Services Holdings management team is less than 2 years, this suggests a new team.
Management Team
Jianyu Yang
Chairman & CEO
47
11.3 yrs
Kong Yap Yaw
President & CFO
54
0.1 yrs
Xiao Fu
Chief Operating Officer
0.1 yrs
Matthew Callister
Chief Medical Officer
0.1 yrs
Xun Liu
Financial Controller
7.4 yrs
Board of Directors Tenure
Average tenure and age of the Concord Medical Services Holdings board of directors in years:
- The tenure for the Concord Medical Services Holdings board of directors is about average.
Board of Directors
Jianyu Yang
Chairman & CEO
47
7.4 yrs
Denny Lee
Independent Non-Executive Director
51
9.3 yrs
Zheng Cheng
Director
55
11.3 yrs
Weibo Yin
Independent Director
87
7.4 yrs
Shang Chuang
Director
36
1.8 yrs
Liping Zhang
Independent Director
46
1.6 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Concord Medical Services Holdings's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Concord Medical Services Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
CCM News
Simply Wall St News
What You Must Know About Concord Medical Services Holdings Limited's (NYSE:CCM) Financial Strength
While small-cap stocks, such as Concord Medical Services Holdings Limited (NYSE:CCM) with its market cap of US$160m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.
Simply Wall St - – Full articleDoes Concord Medical Services Holdings Limited's (NYSE:CCM) -8.57% Earnings Drop Reflect A Longer Term Trend?
When Concord Medical Services Holdings Limited (NYSE:CCM) released its most recent earnings update (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Being able to interpret how well Concord Medical Services Holdings has done so far requires weighing its performance against a benchmark, rather than looking at a standalone number at a point in time. … CCM is loss-making, with the most recent trailing twelve-month earnings of -CN¥284.32m (from 31 December 2017), which compared to last year has become
Simply Wall St - – Full articleShould You Be Concerned About Concord Medical Services Holdings Limited's (NYSE:CCM) Investors?
Today, I will be analyzing Concord Medical Services Holdings Limited’s (NYSE:CCM) recent ownership structure, an important but not-so-popular subject among individual investors. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … View our latest analysis for Concord Medical Services Holdings
Simply Wall St - – Full articleHow Financially Strong Is Concord Medical Services Holdings Limited (NYSE:CCM)?
Investors are always looking for growth in small-cap stocks like Concord Medical Services Holdings Limited (NYSE:CCM), with a market cap of CN¥163.48m. … However, an important fact which most ignore is: how financially healthy is the business?
Simply Wall St - – Full articleIs Concord Medical Services Holdings Limited's (NYSE:CCM) Balance Sheet A Threat To Its Future?
Investors are always looking for growth in small-cap stocks like Concord Medical Services Holdings Limited (NYSE:CCM), with a market cap of US$179.09m. … However, an important fact which most ignore is: how financially healthy is the business?
Simply Wall St - – Full articleWho Are The Top Investors In Concord Medical Services Holdings Limited (NYSE:CCM)?
Check out our latest analysis for Concord Medical Services Holdings NYSE:CCM Ownership_summary May 21st 18 Institutional Ownership Due to the big order sizes of institutional investors, a company's shares can experience large, one-sided momentum, driven by high volume of shares removed from, or injected into, the market. … Apart from low institutional ownership, another indicator of CCM's low popularity is the fact that the company is only covered by 1 analyst. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.
Simply Wall St - – Full articleWhat Is Concord Medical Services Holdings Limited's (NYSE:CCM) Share Price Doing?
Concord Medical Services Holdings Limited (NYSE:CCM), a healthcare company based in China, received a lot of attention from a substantial price increase on the NYSE over the last few months. … I find that Concord Medical Services Holdings’s ratio of 1.04x is trading slightly below its industry peers’ ratio of 2.62x, which means if you buy Concord Medical Services Holdings today, you’d be paying a relatively reasonable price for it. … What kind of growth will Concord Medical Services Holdings generate?
Simply Wall St - – Full articleWas Concord Medical Services Holdings Limited's (NYSE:CCM) Earnings Decline Part Of A Broader Industry Downturn?
See our latest analysis for Concord Medical Services Holdings Was CCM's recent earnings decline indicative of a tough track record? … For Concord Medical Services Holdings, its most recent trailing-twelve-month earnings is -CN¥313.28M, which compared to the previous year's figure, has become more negative. … NYSE:CCM Income Statement Apr 6th 18 We can further analyze Concord Medical Services Holdings's loss by looking at what the industry has been experiencing over the past few years.
Simply Wall St - – Full articleIs Concord Medical Services Holdings Limited's (NYSE:CCM) Balance Sheet A Threat To Its Future?
How does CCM’s operating cash flow stack up against its debt? … Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: CCM’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.
Simply Wall St - – Full articleWhat Does Concord Medical Services Holdings Limited's (NYSE:CCM) Share Price Indicate?
Concord Medical Services Holdings Limited (NYSE:CCM), a healthcare company based in China, saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $4 and falling to the lows of $3.4. … The stock’s ratio of 0.9x is currently trading slightly below its industry peers’ ratio of 2.6x, which means if you buy Concord Medical Services Holdings today, you’d be paying a relatively fair price for it. … And if you believe Concord Medical Services Holdings should be trading in this range, then there isn’t much room for the share price grow beyond what it’s currently trading.
Simply Wall St - – Full articleCCM Company Info
Description
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’s services comprise linear accelerators external beam radiotherapy, gamma knife radiosurgery, head gamma knife systems, body gamma knife systems, CyberKnife robotic radiosurgery system, proton beam therapy systems, and diagnostic imaging services. It also offers other treatments and diagnostic services through the use of medical equipment comprising electroencephalography for the diagnosis of epilepsy; thermotherapy for pain relief after radiotherapy and chemotherapy; ultrasound therapy for the treatment of cancer; stereotactic radiofrequency ablation for the treatment of Parkinson’s disease; and refraction and tonometry for the diagnosis of ophthalmic conditions, as well as CT scanners and ECT scanners for diagnostic imaging. In addition, the company provides clinical support services, including developing treatment protocols for doctors; and organizing joint diagnosis between doctors in its network and clinical research. Further, it offers radiotherapy and diagnostic equipment leasing and management services to hospitals, as well as consulting services; sells medical equipment; and researches and develops medical technology. Additionally, the company establishes the Beijing Proton Medical Center that provides radiotherapy treatment options to cancer patients; and other specialty cancer hospitals, which offer radiotherapy services, diagnostic imaging services, chemotherapy, and surgery. As of December 31, 2017, it operated a network of 44 cooperative centers based in 30 hospitals in 29 cities across 18 provinces and administrative regions in China. Concord Medical Services Holdings Limited was incorporated in 2007 and is headquartered in Beijing, the People’s Republic of China.
Details
| Name: | Concord Medical Services Holdings Limited |
| CCM | |
| Exchange: | NYSE |
| Founded: | 2007 |
| $117,140,828 | |
| 43,385,492 | |
| Website: | http://www.concordmedical.com |
| Address: |
Concord Medical Services Holdings Limited Tower A, Global Trade Center, 18th Floor, Beijing, 100013, China |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | CCM | SPON ADR CL A | New York Stock Exchange | US | USD | 11. Dec 2009 | |
| DB | C2CA | SPON ADR CL A | Deutsche Boerse AG | DE | EUR | 11. Dec 2009 |
Number of employees
Current staff
Industry
| Health Care Services | |
| Healthcare |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/20 00:11 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/01/08 |
| Last earnings filing: | 2018/08/29 |
| Last earnings reported: | 2018/06/30 |
| Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
