Financials Meinian Onehealth Healthcare Holdings Co., Ltd.

Equities

002044

CNE000001LV7

Healthcare Facilities & Services

End-of-day quote Shenzhen S.E. 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
4.42 CNY -9.43% Intraday chart for Meinian Onehealth Healthcare Holdings Co., Ltd. -1.56% -26.46%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 58,014 44,079 30,540 23,849 23,382 17,196 -
Enterprise Value (EV) 1 60,430 45,933 30,540 23,849 23,382 17,196 17,196
P/E ratio -64.7 x 80.9 x 393 x -43.8 x 46.2 x 20.8 x 15.9 x
Yield 0.36% - - - - 0.68% 0.9%
Capitalization / Revenue 6.81 x 5.64 x 3.34 x - 2.15 x 1.45 x 1.27 x
EV / Revenue 6.81 x 5.64 x 3.34 x - 2.15 x 1.45 x 1.27 x
EV / EBITDA 223 x 28.9 x 28.8 x - 15.5 x 7.19 x 7.69 x
EV / FCF - 6,21,76,523 x 1,86,21,590 x - - - -
FCF Yield - 0% 0% - - - -
Price to Book 7.98 x 5.56 x 3.82 x - 3.06 x 2.05 x 1.79 x
Nbr of stocks (in thousands) 38,96,148 38,90,481 38,90,481 38,90,481 38,90,481 38,90,481 -
Reference price 2 14.89 11.33 7.850 6.130 6.010 4.420 4.420
Announcement Date 14/04/20 12/04/21 15/04/22 24/04/23 24/04/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 8,525 7,815 9,156 - 10,894 11,869 13,490
EBITDA 1 260.4 1,526 1,061 - 1,507 2,390 2,235
EBIT 1 -448.8 828.6 391.2 - 883.7 1,125 1,467
Operating Margin -5.26% 10.6% 4.27% - 8.11% 9.48% 10.88%
Earnings before Tax (EBT) 1 -485.7 783.9 366.1 - 848.1 1,100 1,440
Net income 1 -866.5 554 64.14 -533.1 505.6 840.1 1,085
Net margin -10.16% 7.09% 0.7% - 4.64% 7.08% 8.05%
EPS 2 -0.2300 0.1400 0.0200 -0.1400 0.1300 0.2125 0.2775
Free Cash Flow - 708.9 1,640 - - - -
FCF margin - 9.07% 17.91% - - - -
FCF Conversion (EBITDA) - 46.46% 154.55% - - - -
FCF Conversion (Net income) - 127.98% 2,557.14% - - - -
Dividend per Share 2 0.0529 - - - - 0.0300 0.0400
Announcement Date 14/04/20 12/04/21 15/04/22 24/04/23 24/04/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 - 2,310 2,812 3,676
EBITDA - - - -
EBIT - - - -
Operating Margin - - - -
Earnings before Tax (EBT) - - - -
Net income -167.2 - - -
Net margin - - - -
EPS -0.0400 - - -
Dividend per Share - - - -
Announcement Date 27/04/23 29/08/23 30/10/23 24/04/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 2,416 1,854 - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) 9.279 x 1.215 x - - - - -
Free Cash Flow - 709 1,640 - - - -
ROE (net income / shareholders' equity) -13.8% 7.23% 0.8% - 6.64% 10.4% 11.4%
ROA (Net income/ Total Assets) -4.91% 2.97% 0.34% - - 3.93% 4.68%
Assets 1 17,636 18,626 18,606 - - 21,404 23,216
Book Value Per Share 2 1.870 2.040 2.050 - 1.970 2.160 2.480
Cash Flow per Share 2 0.3200 0.2500 0.5300 - 0.5200 0.6500 0.5200
Capex 1 429 264 420 - 388 741 790
Capex / Sales 5.03% 3.38% 4.59% - 3.56% 6.25% 5.86%
Announcement Date 14/04/20 12/04/21 15/04/22 24/04/23 24/04/24 - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
4.42 CNY
Average target price
7.763 CNY
Spread / Average Target
+75.64%
Consensus

Quarterly revenue - Rate of surprise

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