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Ping An Healthcare and Technology

DB:1XZ
Snowflake Description

High growth potential with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1XZ
DB
HK$77B
Market Cap
  1. Home
  2. DE
  3. Healthcare
Company description

Ping An Healthcare and Technology Company Limited operates an Internet healthcare platform in the People's Republic of China. The last earnings update was 49 days ago. More info.


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  • Ping An Healthcare and Technology has significant price volatility in the past 3 months.
1XZ Share Price and Events
7 Day Returns
4.2%
DB:1XZ
9.5%
DE Healthcare Services
9.9%
DE Market
1 Year Returns
75.1%
DB:1XZ
0.2%
DE Healthcare Services
-17.5%
DE Market
1XZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ping An Healthcare and Technology (1XZ) 4.2% 0.6% 30.1% 75.1% - -
DE Healthcare Services 9.5% -6.5% -16.6% 0.2% 27.1% 88.9%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • 1XZ outperformed the Healthcare Services industry which returned 0.2% over the past year.
  • 1XZ outperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

1XZ Value

 Is Ping An Healthcare and Technology undervalued based on future cash flows and its price relative to the stock market?

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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ping An Healthcare and Technology to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ping An Healthcare and Technology.

DB:1XZ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:1XZ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Healthcare Services Unlevered Beta Simply Wall St/ S&P Global 0.97
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.971 (1 + (1- 25%) (0.14%))
0.981
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.98
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.981 * 6.33%)
5.82%

Discounted Cash Flow Calculation for DB:1XZ using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ping An Healthcare and Technology is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:1XZ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 5.82%)
2020 -457.67 Analyst x3 -432.48
2021 489.00 Analyst x3 436.67
2022 1,143.67 Analyst x3 965.07
2023 1,756.00 Analyst x1 1,400.25
2024 2,680.00 Analyst x1 2,019.47
2025 3,394.33 Est @ 26.65% 2,417.00
2026 4,023.67 Est @ 18.54% 2,707.48
2027 4,541.18 Est @ 12.86% 2,887.57
2028 4,944.71 Est @ 8.89% 2,971.15
2029 5,246.51 Est @ 6.1% 2,979.03
Present value of next 10 years cash flows CN¥18,351.00
DB:1XZ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥5,246.51 × (1 + -0.39%) ÷ (5.82% – -0.39%)
CN¥84,116.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥84,116.23 ÷ (1 + 5.82%)10
CN¥47,762.15
DB:1XZ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥18,351.00 + CN¥47,762.15
CN¥66,113.15
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥66,113.15 / 1,067.29
CN¥61.94
DB:1XZ Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:1833)
1.095
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥61.94 x 1.095
HK$67.8
Non-primary Listing Adjustment Factor 1 share in DB:1XZ represents 0.11964x of SEHK:1833
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.11964x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 67.80 x 0.11964
€8.11
Value per share (EUR) From above. €8.11
Current discount Discount to share price of €8.65
= -1 x (€8.65 - €8.11) / €8.11
-6.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Ping An Healthcare and Technology is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Ping An Healthcare and Technology's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ping An Healthcare and Technology's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1XZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥-0.73
SEHK:1833 Share Price ** SEHK (2020-03-31) in HKD HK$72.3
SEHK:1833 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.914 CN¥66.06
Germany Healthcare Services Industry PE Ratio Median Figure of 6 Publicly-Listed Healthcare Services Companies 11.39x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ping An Healthcare and Technology.

DB:1XZ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1833 Share Price ÷ EPS (both in CNY)

= 66.06 ÷ -0.73

-90.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ping An Healthcare and Technology is loss making, we can't compare its value to the DE Healthcare Services industry average.
  • Ping An Healthcare and Technology is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Ping An Healthcare and Technology's expected growth come at a high price?
Raw Data
DB:1XZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -90.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
60.4%per year
Europe Healthcare Services Industry PEG Ratio Median Figure of 14 Publicly-Listed Healthcare Services Companies 2.3x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*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 Ping An Healthcare and Technology, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ping An Healthcare and Technology's assets?
Raw Data
DB:1XZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥9.04
SEHK:1833 Share Price * SEHK (2020-03-31) in HKD HK$72.3
SEHK:1833 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.914 CN¥66.06
Germany Healthcare Services Industry PB Ratio Median Figure of 7 Publicly-Listed Healthcare Services Companies 2.94x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:1XZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1833 Share Price ÷ Book Value per Share (both in CNY)

= 66.06 ÷ 9.04

7.31x

* Primary Listing of Ping An Healthcare and Technology.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ping An Healthcare and Technology is overvalued based on assets compared to the DE Healthcare Services industry average.
X
Value checks
We assess Ping An Healthcare and Technology's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Healthcare Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Healthcare Services industry average (and greater than 0)? (1 check)
  5. Ping An Healthcare and Technology has a total score of 0/6, 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.

1XZ Future Performance

 How is Ping An Healthcare and Technology expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

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!
Annual Growth Rate
60.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ping An Healthcare and Technology expected to grow at an attractive rate?
  • Ping An Healthcare and Technology's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Ping An Healthcare and Technology's earnings growth is expected to exceed the Germany market average.
  • Ping An Healthcare and Technology's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1XZ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1XZ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 60.4%
DB:1XZ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 26.2%
Europe Healthcare Services Industry Earnings Growth Rate Market Cap Weighted Average 28.6%
Europe Healthcare Services Industry Revenue Growth Rate Market Cap Weighted Average 8.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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
Raw Data
DB:1XZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1XZ Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 28,011 5,025 2,205 1
2023-12-31 20,887 3,276 1,305 1
2022-12-31 13,304 1,469 861 7
2021-12-31 9,881 507 278 7
2020-12-31 7,076 -654 -600 7
2020-03-31
DB:1XZ Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 5,065 -504 -734
2019-09-30 4,777 -682 -737
2019-06-30 4,488 -859 -740
2019-03-31 3,913 -972 -826
2018-12-31 3,338 -1,085 -912
2018-09-30 3,082 -1,007 -1,182
2018-06-30 2,542 -827 -990
2018-03-31 2,205 -655 -996
2017-12-31 1,868 -484 -1,002
2017-09-30 1,319 -531 -641

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ping An Healthcare and Technology's earnings are expected to grow significantly at over 20% yearly.
  • Ping An Healthcare and Technology's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:1XZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Ping An Healthcare and Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1XZ Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 2.20 2.20 2.20 1.00
2023-12-31 1.30 1.30 1.30 1.00
2022-12-31 0.58 1.05 0.25 6.00
2021-12-31 0.08 0.75 -0.45 4.00
2020-12-31 -0.58 -0.45 -0.64 6.00
2020-03-31
DB:1XZ Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 -0.73
2019-09-30 -0.74
2019-06-30 -0.74
2019-03-31 -0.85
2018-12-31 -0.97
2018-09-30 -1.31
2018-06-30 -1.15
2018-03-31 -1.17
2017-12-31 -1.20
2017-09-30 -0.76

*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.
  • Ping An Healthcare and Technology is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Ping An Healthcare and Technology's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ping An Healthcare and Technology has a total score of 5/6, 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.

1XZ Past Performance

  How has Ping An Healthcare and Technology performed over the past 5 years?

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
Below we compare Ping An Healthcare and Technology's growth in the last year to its industry (Healthcare Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ping An Healthcare and Technology does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ping An Healthcare and Technology's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ping An Healthcare and Technology's 1-year growth to the DE Healthcare Services industry average as it is not currently profitable.
Earnings and Revenue History
Ping An Healthcare and Technology's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ping An Healthcare and Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1XZ Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 5,065.43 -733.86 2,281.98
2019-09-30 4,776.55 -736.93 2,294.10
2019-06-30 4,487.67 -740.00 2,285.91
2019-03-31 3,912.76 -825.83 2,249.38
2018-12-31 3,337.85 -911.66 2,233.16
2018-09-30 3,082.05 -1,182.13 2,128.64
2018-06-30 2,542.27 -989.76 1,683.55
2018-03-31 2,205.15 -995.70 1,541.73
2017-12-31 1,868.02 -1,001.64 1,399.92
2017-09-30 1,319.27 -641.42 1,211.01
2016-12-31 601.49 -758.22 1,240.86
2015-12-31 278.69 -323.71 422.61

*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 Ping An Healthcare and Technology has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ping An Healthcare and Technology has efficiently used its assets last year compared to the DE Healthcare Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ping An Healthcare and Technology improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ping An Healthcare and Technology's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Healthcare Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ping An Healthcare and Technology 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.

1XZ Health

 How is Ping An Healthcare and Technology'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 Ping An Healthcare and Technology's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ping An Healthcare and Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ping An Healthcare and Technology's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ping An Healthcare and Technology's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Ping An Healthcare and Technology has no debt, it does not need to be covered by short term assets.
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.
Raw Data

All data from Ping An Healthcare and Technology Company Filings, last reported 3 months ago.

DB:1XZ Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 9,669.49 0.00 7,419.19
2019-09-30 9,669.49 0.00 7,419.19
2019-06-30 10,046.19 0.00 9,595.65
2019-03-31 10,046.19 0.00 9,595.65
2018-12-31 10,267.29 0.00 7,208.28
2018-09-30 10,267.29 0.00 7,208.28
2018-06-30 10,599.70 0.00 8,730.22
2018-03-31 10,599.70 0.00 8,730.22
2017-12-31 4,033.96 0.00 5,210.47
2017-09-30 1,902.19 950.00 2,519.33
2016-12-31 2,374.30 550.00 2,939.04
2015-12-31 -110.45 30.00 212.79
  • Ping An Healthcare and Technology has no debt.
  • Ping An Healthcare and Technology currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Ping An Healthcare and Technology has sufficient cash runway for more than 3 years based on current free cash flow.
  • Unable to confirm if Ping An Healthcare and Technology has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Ping An Healthcare and Technology's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ping An Healthcare and Technology has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

1XZ Dividends

 What is Ping An Healthcare and Technology's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ping An Healthcare and Technology dividends. Estimated to be 0% next year.
If you bought €2,000 of Ping An Healthcare and Technology shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ping An Healthcare and Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ping An Healthcare and Technology'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.
Raw Data
DB:1XZ Annualized Past and Future Dividends
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 7 Analyst Estimates (S&P Global) See Below
Europe Healthcare Services Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:1XZ Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.00 4.00
2021-12-31 0.00 4.00
2020-12-31 0.00 4.00
2020-03-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ping An Healthcare and Technology has not reported any payouts.
  • Unable to verify if Ping An Healthcare and Technology's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ping An Healthcare and Technology's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ping An Healthcare and Technology has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Ping An Healthcare and Technology's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Ping An Healthcare and Technology's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ping An Healthcare and Technology afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ping An Healthcare and Technology 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.

1XZ Management

 What is the CEO of Ping An Healthcare and Technology's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Wang Tao
COMPENSATION CN¥13,812,000
AGE 49
TENURE AS CEO 3.4 years
CEO Bio

Mr. Wang Tao serves as the Chairman at Ping An Health Cloud Company Limited. Mr. Tao is Chairman of the Board and Chief Executive Officer of Ping An Healthcare and Technology Company Limited since May 2016 and September 2016 Respectively.

CEO Compensation
  • Wang's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Wang's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Ping An Healthcare and Technology management team in years:

3.4
Average Tenure
43
Average Age
  • The tenure for the Ping An Healthcare and Technology management team is about average.
Management Team

Wang Tao

TITLE
Chairman & CEO
COMPENSATION
CN¥14M
AGE
49
TENURE
3.4 yrs

Zongxun Wu

TITLE
Chief Product Officer of Ping An Health Cloud
AGE
43
TENURE
5.4 yrs

Qi Wang

TITLE
Chief Technology Officer of Ping An Health Cloud
AGE
45
TENURE
5.4 yrs

Xue Bai

TITLE
Chief Operation Officer of Ping An Health Cloud
AGE
45
TENURE
5.4 yrs

Weijun Chen

TITLE
Chief Innovation Officer of Ping An Health Cloud
AGE
39
TENURE
0.8 yrs

Yuan Lin

TITLE
Joint Company Secretary
AGE
39
TENURE
2.3 yrs

Chun Chen

TITLE
Joint Company Secretary
AGE
31
TENURE
2.2 yrs
Board of Directors Tenure

Average tenure and age of the Ping An Healthcare and Technology board of directors in years:

1.8
Average Tenure
50
Average Age
  • The average tenure for the Ping An Healthcare and Technology board of directors is less than 3 years, this suggests a new board.
Board of Directors

Wang Tao

TITLE
Chairman & CEO
COMPENSATION
CN¥14M
AGE
49
TENURE
3.8 yrs

Yunwei Tang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥352K
AGE
75
TENURE
1.8 yrs

Tianyong Guo

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥352K
AGE
51
TENURE
1.8 yrs

Jason Bo Yao

TITLE
Non-Executive Director
AGE
47
TENURE
3.8 yrs

Fangfang Cai

TITLE
Non-Executive Director
AGE
45
TENURE
3.8 yrs

Anthony Chow

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥432K
AGE
68
TENURE
1.8 yrs

Xin Liu

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥352K
AGE
52
TENURE
1.8 yrs

Jessica Tan

TITLE
Non-Executive Director
AGE
42
TENURE
0.3 yrs

Lijun Lin

TITLE
Non-Executive Director
AGE
56

Zhongwu Pan

TITLE
Non-Executive Director
AGE
49
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
06. Mar 20 Sell Bang Qi Jian Limited Company 06. Mar 20 06. Mar 20 -15,000,000 €8.35 €-125,262,573
16. Jan 20 Sell SoftBank Investment Advisers (UK) Limited Company 13. Jan 20 13. Jan 20 -20,000,000 €6.20 €-123,915,182
28. Nov 19 Sell Bang Qi Jian Limited Company 25. Nov 19 25. Nov 19 -20,000,000 €6.38 €-127,672,132
31. Oct 19 Sell Siu Wah Law Individual 31. Oct 19 31. Oct 19 -22,503,885 €6.38 €-143,471,630
X
Management checks
We assess Ping An Healthcare and Technology's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ping An Healthcare and Technology 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.

1XZ News

Simply Wall St News

1XZ Company Info

Description

Ping An Healthcare and Technology Company Limited operates an Internet healthcare platform in the People's Republic of China. It offers online medical services, such as online consultation, hospital referral and appointment, inpatient arrangement, and second opinion services; and consumer healthcare services, including various standardized service packages that integrate services at healthcare institutions. The company also provides healthcare products comprising medicines, health supplements, and medical devices; wellness products consisting of fitness equipment and accessories, and personal care products; and other products. In addition, it offers health management and wellness interaction services, such as wellness programs, tools and activities, and personalized content. Further, the company provides medicine marketing services; technology services; application development and operation services; and hospital and clinic services, as well as operates an insurance agency. Ping An Healthcare and Technology Company Limited was incorporated in 2014 and is headquartered in Shanghai, the People's Republic of China.

Details
Name: Ping An Healthcare and Technology Company Limited
1XZ
Exchange: DB
Founded: 2014
HK$9,059,094,935
1,067,294,200
Website: http://www.pahtg.com
Address: Ping An Healthcare and Technology Company Limited
Shanghai Ping An Building,
17-19 Floors,
Shanghai,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1833 Ordinary shares The Stock Exchange of Hong Kong Ltd. HK HKD 04. May 2018
OTCPK PANH.F Ordinary shares Pink Sheets LLC US USD 04. May 2018
DB 1XZ Ordinary shares Deutsche Boerse AG DE EUR 04. May 2018
SHSC 1833 Ordinary shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 04. May 2018
SZSC 1833 Ordinary shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 04. May 2018
Number of employees
Current staff
Staff numbers
2,900
Ping An Healthcare and Technology employees.
Industry
Health Care Technology
Healthcare
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 23:11
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/25
Last earnings filing: 2020/02/11
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.