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Yestar Healthcare Holdings Co Ltd (HK:2393)
:2393
Hong Kong Market
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Yestar Healthcare Holdings Co Ltd (2393) AI Stock Analysis

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HK:2393

Yestar Healthcare Holdings Co Ltd

(2393)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
HK$0.06
▼(-42.00% Downside)
Action:Reiterated
Date:06/27/26
Overall score reflects improving balance-sheet footing and a strong 2025 cash-flow rebound, but is held back by sharp revenue contraction, a return to net losses, and a pronounced bearish technical trend (price below key moving averages with negative momentum). Valuation is also constrained by a negative P/E and no provided dividend yield.
Positive Factors
Improved Balance Sheet
Restoration of positive equity and materially lower leverage improves solvency and financial flexibility. This structural repair reduces refinancing and liquidity risk, enabling the company to withstand downturns, invest in service capacity or M&A, and prioritize deleveraging or strategic spending over the next 2–6 months.
Negative Factors
Sharp Revenue Contraction
A pronounced top-line decline weakens scale economics and erodes ability to cover fixed clinic and staff costs. If revenue shrinkage persists, it can compress margins, limit reinvestment, and force pricing or service cuts that harm long-term market position and patient retention.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Balance Sheet
Restoration of positive equity and materially lower leverage improves solvency and financial flexibility. This structural repair reduces refinancing and liquidity risk, enabling the company to withstand downturns, invest in service capacity or M&A, and prioritize deleveraging or strategic spending over the next 2–6 months.
Read all positive factors

Yestar Healthcare Holdings Co Ltd (2393) vs. iShares MSCI Hong Kong ETF (EWH)

Yestar Healthcare Holdings Co Ltd Business Overview & Revenue Model

Company Description
Yestar Healthcare Holdings Company Limited, an investment holding company, manufactures, distributes, and sells medical imaging products in Mainland China. The company operates in two segments, Imaging Printing Products, and Medical Products and E...
How the Company Makes Money
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Yestar Healthcare Holdings Co Ltd Financial Statement Overview

Summary
Financials are mixed: revenue contracted sharply (~25% in 2025) and profitability is highly volatile with a return to net loss, which drags the income statement quality. Offsetting this, the balance sheet has improved (positive equity restored; moderate debt-to-equity ~0.56) and cash flow rebounded strongly in 2025 with solid operating and free cash flow, though cash flow durability has been inconsistent historically.
Income Statement
41
Neutral
Balance Sheet
58
Neutral
Cash Flow
72
Positive
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.49B2.41B2.91B2.80B4.93B
Gross Profit266.86M399.20M512.78M397.55M848.70M
EBITDA37.64M-51.93M376.81M19.13M315.89M
Net Income-75.03M921.61M-13.89M-992.23M3.33M
Balance Sheet
Total Assets1.19B1.43B3.43B3.37B4.56B
Cash, Cash Equivalents and Short-Term Investments256.26M151.78M251.56M418.15M751.77M
Total Debt211.05M316.90M1.63B1.90B1.79B
Total Liabilities780.27M921.84M3.82B3.71B3.73B
Stockholders Equity378.26M461.60M-457.50M-408.87M755.23M
Cash Flow
Free Cash Flow289.40M-26.45M294.22M-115.58M665.55M
Operating Cash Flow311.31M12.72M387.67M-91.73M715.22M
Investing Cash Flow-16.97M380.42M-89.82M-18.72M-47.67M
Financing Cash Flow-153.52M-502.63M-234.37M-180.86M-654.20M

Yestar Healthcare Holdings Co Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.10
Price Trends
50DMA
0.08
Negative
100DMA
0.09
Negative
200DMA
0.11
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
22.15
Positive
STOCH
9.09
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2393, the sentiment is Negative. The current price of 0.1 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.08, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 22.15 is Positive, neither overbought nor oversold. The STOCH value of 9.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2393.

Yestar Healthcare Holdings Co Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
HK$488.09M4.5716.21%4.94%16.46%50.51%
61
Neutral
HK$1.06B7.114.02%2.82%4.57%-24.35%
59
Neutral
HK$2.50B17.217.22%20.65%127.07%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
50
Neutral
HK$137.45M-1.59-17.70%-38.20%-108.24%
47
Neutral
HK$542.44M-1.14-21.29%-34.96%42.74%
44
Neutral
HK$2.63B-11.27-11.27%16.35%9.84%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2393
Yestar Healthcare Holdings Co Ltd
0.06
-0.07
-54.62%
HK:9996
Peijia Medical Ltd.
3.91
-2.56
-39.57%
HK:6669
Acotec Scientific Holdings Limited
7.99
-0.81
-9.20%
HK:1612
Vincent Medical Holdings Limited
0.74
0.27
59.14%
HK:1696
Sisram Medical Ltd.
2.27
-2.00
-46.84%
HK:2500
Venus Medtech (Hangzhou), Inc. Class H
1.23
-1.37
-52.69%

Yestar Healthcare Holdings Co Ltd Corporate Events

Yestar Healthcare Wins Unanimous Shareholder Backing for AGM Resolutions
May 29, 2026
Yestar Healthcare Holdings reported that all nine ordinary resolutions proposed at its annual general meeting on 29 May 2026 were passed by poll with 100% of votes cast in favor. Shareholders approved the 2025 audited accounts, re-elected three di...
Yestar Healthcare Sets 2026 AGM to Approve Results and New Share Mandate
Apr 23, 2026
Yestar Healthcare Holdings Company Limited has called its annual general meeting for 29 May 2026 in Shanghai, where shareholders will review the audited consolidated accounts and directors’ and auditors’ reports for the year ended 31 D...
Yestar Healthcare Swings to 2025 Loss as Revenue Falls and One-Off Gains Disappear
Mar 27, 2026
Yestar Healthcare Holdings reported a sharp revenue decline for 2025, with sales from continuing operations falling to RMB1.49 billion from RMB2.41 billion a year earlier, and the group swinging to a net loss of RMB69.2 million from a RMB903.5 mil...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 27, 2026