Global Cord Blood Corporation, together with its subsidiaries, provides umbilical cord blood storage and ancillary services in the People's Republic of China.
Flawless balance sheet and undervalued.
Share Price & News
How has Global Cord Blood's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CO's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CO underperformed the US Healthcare industry which returned -6.5% over the past year.
Return vs Market: CO underperformed the US Market which returned -15.1% over the past year.
Price Volatility Vs. Market
How volatile is Global Cord Blood's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StDid Global Cord Blood Corporation's (NYSE:CO) Recent Earnings Growth Beat The Trend?
1 year ago | Simply Wall StWith An ROE Of 7.8%, Can Global Cord Blood Corporation (NYSE:CO) Catch Up To The Industry?
1 year ago | Simply Wall StGlobal Cord Blood Corporation (NYSE:CO): The Return Story
Is Global Cord Blood undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CO ($2.91) is trading below our estimate of fair value ($19.87)
Significantly Below Fair Value: CO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CO is good value based on its PE Ratio (5.4x) compared to the Healthcare industry average (19.4x).
PE vs Market: CO is good value based on its PE Ratio (5.4x) compared to the US market (12.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CO is good value based on its PB Ratio (0.7x) compared to the US Healthcare industry average (2.3x).
How is Global Cord Blood forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Global Cord Blood 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.
- Examine whether Global Cord Blood is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Global Cord Blood competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Healthcare industry.
How has Global Cord Blood performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CO has high quality earnings.
Growing Profit Margin: CO's current net profit margins (39.6%) are higher than last year (23.8%).
Past Earnings Growth Analysis
Earnings Trend: CO's earnings have grown significantly by 34.4% per year over the past 5 years.
Accelerating Growth: CO's earnings growth over the past year (101.6%) exceeds its 5-year average (34.4% per year).
Earnings vs Industry: CO earnings growth over the past year (101.6%) exceeded the Healthcare industry 14%.
Return on Equity
High ROE: CO's Return on Equity (12.4%) is considered low.
How is Global Cord Blood's financial position?
Financial Position Analysis
Short Term Liabilities: CO's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥595.1M).
Long Term Liabilities: CO's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: CO is debt free.
Reducing Debt: CO has no debt compared to 5 years ago when its debt to equity ratio was 57.9%.
Debt Coverage: CO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CO has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: CO has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if CO's debt is covered by short term assets.
What is Global Cord Blood's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CO's dividend (2.59%) is higher than the bottom 25% of dividend payers in the US market (2.05%).
High Dividend: CO's dividend (2.59%) is low compared to the top 25% of dividend payers in the US market (5.71%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CO has been paying a dividend for less than 10 years.
Growing Dividend: CO's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tina Zheng (47yo)
Ms. Ting Zheng, also known as Tina, serves as the Chief Executive Officer and Chief Executive Officer of Beijing Division of China Cord Blood Corporation and had been its Interim Chief Executive Officer of ...
CEO Compensation Analysis
Compensation vs Market: Tina's total compensation ($USD465.36K) is below average for companies of similar size in the US market ($USD2.25M).
Compensation vs Earnings: Tina's compensation has been consistent with company performance over the past year.
|Chairperson||no data||CN¥465.36k||no data|
|CFO & Director||no data||CN¥465.36k||0.38% CN¥1.3m|
|Independent Non-Executive Director||no data||no data||no data|
|Independent Non-Executive Director||10.83yrs||no data||no data|
|Independent Non-Executive Director||10.83yrs||no data||no data|
|Independent Non-Executive Director||0.17yr||no data||no data|
|Non-Executive Director||2.25yrs||no data||no data|
|Independent Non-Executive Director||0.42yr||no data||no data|
Experienced Board: CO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.
Global Cord Blood Corporation's company bio, employee growth, exchange listings and data sources
- Name: Global Cord Blood Corporation
- Ticker: CO
- Exchange: NYSE
- Industry: Health Care Services
- Sector: Healthcare
- Market Cap: US$353.714m
- Shares outstanding: 121.55m
- Website: https://www.globalcordbloodcorp.com
Number of Employees
- Global Cord Blood Corporation
- Bank of China Tower
- 48th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CO||NYSE (New York Stock Exchange)||Yes||Ordinary Shares||US||USD||Jul 2009|
|6CB||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2009|
Global Cord Blood Corporation, together with its subsidiaries, provides umbilical cord blood storage and ancillary services in the People's Republic of China. The company offers cord blood testing, processing, and storage services under the direction of subscribers; and tests, processes, and stores donated cord blood, as well as provides matching services. As of March 31, 2019, it had three operating cord blood banks in the Beijing municipality, the Guangdong province, and the Zhejiang province. The company was formerly known as China Cord Blood Corporation and changed its name to Global Cord Blood Corporation in March 2018. Global Cord Blood Corporation is based in Central, Hong Kong. Global Cord Blood Corporation is a subsidiary of Nanjing Ying Peng Hui Kang Medical Industry Investment Partnership (Limited Partnership).
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/06 01:49|
|End of Day Share Price||2020/04/03 00:00|
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.