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Concord Healthcare Group Co., Ltd. Class H (HK:2453)
:2453
Hong Kong Market

Concord Healthcare Group Co., Ltd. Class H (2453) AI Stock Analysis

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HK:2453

Concord Healthcare Group Co., Ltd. Class H

(2453)

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Underperform 38 (OpenAI - 5.2)
Rating:38Underperform
Price Target:
HK$1.50
▼(-18.03% Downside)
Concord Healthcare Group Co., Ltd. is currently facing significant financial and technical challenges. The most impactful factor is the company's poor financial performance, characterized by declining revenues, persistent losses, and high leverage. Technical analysis further supports a bearish outlook with oversold conditions and a strong downward trend. Valuation metrics are also unfavorable, with a negative P/E ratio and no dividend yield. These factors collectively result in a low overall stock score.
Positive Factors
Positive free cash flow
Positive free cash flow, despite operating losses, provides a durable liquidity buffer that can fund near‑term operations, R&D or debt servicing without immediate capital raises. This improves flexibility over months and supports survival and strategic investments.
R&D and product breadth
A sustained focus on R&D and a product range across prescription, OTC and devices supports long‑term competitiveness. Continued innovation can drive new product approvals, sustain pipelines and diversify revenue sources over a multi‑quarter horizon.
Established distribution and partnerships
Existing partnerships and sales channels into hospitals, pharmacies and distributors provide structural market access and lower customer acquisition costs. These durable relationships help maintain revenue visibility and support scaling new products over several quarters.
Negative Factors
Declining revenues and persistent losses
Sustained revenue declines and ongoing net losses erode operational scale and competitive position. Over 2–6 months this undermines margins, limits reinvestment capacity, and raises the risk of structural shrinkage in market share absent a clear turnaround.
High leverage
A debt-to-equity ratio near 2 implies substantial interest and refinancing risk. High leverage constrains strategic flexibility, increases vulnerability to cash‑flow shortfalls, and can force capital allocation toward debt service rather than growth or R&D over multiple quarters.
Negative operating cash flow
Negative operating cash flow signals the core business is not generating sustainable cash, increasing reliance on financing or asset measures. Even with positive FCF in a period, persistent negative OCF threatens long‑term viability and funding of operations and R&D.

Concord Healthcare Group Co., Ltd. Class H (2453) vs. iShares MSCI Hong Kong ETF (EWH)

Concord Healthcare Group Co., Ltd. Class H Business Overview & Revenue Model

Company DescriptionConcord Healthcare Group Co., Ltd. provides oncology healthcare service for cancer patients and medical institutions in China. It also offers oncology-related services, including sales and installing of medical equipment and software; management and technical support; and operating lease services. The company was incorporated in 2008 and is headquartered in Beijing, China. Concord Healthcare Group Co., Ltd operates as a subsidiary of Shanghai Medstar Financial Leasing Company.
How the Company Makes MoneyConcord Healthcare Group generates revenue primarily through the sales of its pharmaceutical products, which include both prescription and over-the-counter medications. The company has established strategic partnerships with various healthcare institutions and distributors, enabling it to expand its market reach and penetrate new segments. Additionally, Concord Healthcare invests in research and development to innovate and enhance its product offerings, which helps to attract a broader customer base and maintain a competitive edge. Key revenue streams include direct sales to pharmacies, hospitals, and clinics, as well as potential licensing agreements for its proprietary products. The company may also benefit from government contracts and grants related to healthcare initiatives.

Concord Healthcare Group Co., Ltd. Class H Financial Statement Overview

Summary
Concord Healthcare Group Co., Ltd. is facing significant financial difficulties. The company is experiencing declining revenues and persistent losses, leading to negative profitability metrics. High leverage and negative equity ratios pose financial stability risks. Cash flow challenges further exacerbate the situation, although there is a slight improvement in free cash flow.
Income Statement
10
Very Negative
The income statement reveals significant challenges, with negative gross and net profit margins indicating persistent losses. Revenue has been declining, as shown by the negative revenue growth rate. The company is struggling with profitability, as evidenced by negative EBIT and EBITDA margins.
Balance Sheet
20
Very Negative
The balance sheet shows high leverage with a debt-to-equity ratio nearing 2, indicating financial risk. The return on equity is negative, reflecting ongoing losses. The equity ratio is low, suggesting limited financial stability.
Cash Flow
15
Very Negative
Cash flow analysis indicates negative operating cash flow, though free cash flow is positive in the latest period. The operating cash flow to net income ratio is negative, highlighting cash flow challenges. The free cash flow to net income ratio is slightly above 1, suggesting some ability to cover net losses with free cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue370.22M388.31M538.65M472.17M470.50M166.32M
Gross Profit-32.36M-67.25M-65.09M-197.46M-92.76M-17.27M
EBITDA-153.23M-194.46M-172.58M-355.51M-356.26M-229.19M
Net Income-437.94M-443.22M-373.09M-541.40M-816.59M-583.26M
Balance Sheet
Total Assets5.77B5.91B5.24B6.08B6.66B5.90B
Cash, Cash Equivalents and Short-Term Investments170.03M337.12M49.23M136.06M136.09M424.83M
Total Debt3.23B3.21B2.64B2.85B2.48B2.21B
Total Liabilities3.95B4.01B3.37B3.84B8.08B6.52B
Stockholders Equity1.54B1.65B1.60B1.69B-1.56B-678.14M
Cash Flow
Free Cash Flow100.47M-500.12M18.11M-175.66M-584.24M-915.43M
Operating Cash Flow-67.57M-185.96M201.85M-93.64M45.87M-51.85M
Investing Cash Flow-229.03M-668.09M-182.34M-100.33M-945.04M-851.51M
Financing Cash Flow355.09M1.02B-105.43M184.37M505.06M1.17B

Concord Healthcare Group Co., Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.83
Price Trends
50DMA
1.95
Negative
100DMA
2.70
Negative
200DMA
4.53
Negative
Market Momentum
MACD
-0.03
Negative
RSI
43.26
Neutral
STOCH
39.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2453, the sentiment is Negative. The current price of 1.83 is above the 20-day moving average (MA) of 1.82, below the 50-day MA of 1.95, and below the 200-day MA of 4.53, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 43.26 is Neutral, neither overbought nor oversold. The STOCH value of 39.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2453.

Concord Healthcare Group Co., Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
HK$380.45M11.934.28%7.10%-2.88%-22.83%
71
Outperform
HK$601.91M7.295.33%9.14%0.47%50.46%
66
Neutral
HK$1.57B5.4220.47%4.37%-3.56%-17.45%
62
Neutral
HK$8.40B17.086.78%-13.92%-36.32%
54
Neutral
HK$331.91M-7.11-8.40%3.16%-21.31%-149.92%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
38
Underperform
HK$1.42B-2.75-25.34%-21.84%-20.73%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2453
Concord Healthcare Group Co., Ltd. Class H
1.81
-5.93
-76.61%
HK:1518
New Century Healthcare Holding Co. Ltd.
0.68
-0.17
-20.00%
HK:1526
Rici Healthcare Holdings Ltd.
0.99
-0.23
-18.85%
HK:3689
Guangdong Kanghua Healthcare Co., Ltd. Class H
1.80
-0.26
-12.62%
HK:6078
Hygeia Healthcare Holdings Co., Ltd.
13.67
0.13
0.96%
HK:0722
UMP Healthcare Holdings Limited
0.48
0.09
25.00%

Concord Healthcare Group Co., Ltd. Class H Corporate Events

Concord Healthcare Names AI Business Head Jiang Wei as New President
Jan 12, 2026

Concord Healthcare Group has announced a leadership reshuffle, with president Fu Xiao stepping down from the role effective 12 January 2026 as part of normal succession planning, while remaining an executive director and becoming an adviser to the company. The board has appointed Jiang Wei, previously head of the Group’s core AI business and a key figure in advancing its AI-driven oncology diagnosis and treatment capabilities, as the new president, tasking him with integrating the Group’s medical, data and AI strengths, focusing on its core oncology care operations, and accelerating international expansion to consolidate its leading position in AI-enabled cancer care.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.00 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

Concord Healthcare Marks First Full Year of Guangzhou Proton Therapy Center Operations
Dec 30, 2025

Concord Healthcare Group Co., Ltd. announced that the proton therapy center at its subsidiary Guangzhou Concord Cancer Center has been in official operation for one year as of 16 December 2024, with all four treatment rooms now in use and key operational indicators performing well. The center has delivered proton therapy to 550 patients, treating over 80 new patients in a single month, and has attracted patients from 31 provincial-level regions in China and more than 20 countries and regions, across an age range of 1 to 91, including completion of China’s first proton therapy for ocular choroidal malignant melanoma in July 2025. This progress strengthens Concord Healthcare’s footprint in precision oncology and enhances its competitiveness in high-end medical services, as the company continues to invest in international collaboration, advanced clinical capabilities, and process optimization to expand access to high-quality proton therapy for cancer patients.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.00 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

Concord Healthcare Gains Approval for Advanced Oncology Drug Use in Greater Bay Area
Dec 8, 2025

Concord Healthcare Group Co., Ltd. announced that its subsidiary, Guangzhou Concord Cancer Center, has been approved to be included in the list of designated medical institutions under the Measure of Using Hong Kong Registered Drugs and Medical Devices in the Guangdong-Hong Kong-Macao Greater Bay Area. This approval allows the company to import and utilize advanced oncology drugs and medical devices from Hong Kong and Macau, which are not yet available in Mainland China. This strategic move is expected to expand the company’s business scope, enhance its competitive advantage in oncology healthcare, and improve cancer treatment standards by integrating international medical resources.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.00 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

Concord Healthcare Streamlines Governance with Supervisory Committee Abolition
Dec 5, 2025

Concord Healthcare Group Co., Ltd. announced the results of its 2025 Extraordinary General Meeting (EGM), where a special resolution was passed to abolish the Supervisory Committee. The audit committee of the Board will now assume the responsibilities of the Supervisory Committee. This decision reflects the company’s strategic move to streamline its governance structure, potentially impacting its operational efficiency and stakeholder relations positively.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.00 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

Concord Healthcare Group Announces EGM to Revise Governance Structure
Nov 17, 2025

Concord Healthcare Group Co., Ltd. has announced an extraordinary general meeting (EGM) scheduled for December 5, 2025, to discuss the abolition of the Supervisory Committee and propose amendments to the Articles of Association and procedural rules. This move could streamline the company’s governance structure, potentially impacting its operational efficiency and stakeholder engagement.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.00 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

Concord Healthcare’s Share Pledge Strategy with China Credit
Nov 4, 2025

Concord Healthcare Group Co., Ltd. announced that its controlling shareholder, Beijing Concord, has pledged an additional 35,602,300 H shares to China Credit as security for a loan facility. This move is part of an ongoing strategy to secure obligations under a loan agreement, with the pledged shares now representing approximately 4.54% of the company’s total issued shares. This development may impact the company’s financial strategy and stakeholder interests as it navigates its obligations with China Credit.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.50 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

Concord Healthcare Group Restructures Governance Framework
Oct 30, 2025

Concord Healthcare Group Co., Ltd. has announced the abolition of its Supervisory Committee, with its functions to be assumed by the Audit Committee of the Board. This decision, in line with the latest legal provisions and the company’s situation, also involves proposed amendments to the Articles of Association and procedural rules for meetings, which will be subject to shareholder approval. The Board believes these changes are in the best interest of the company and its shareholders, aiming to streamline governance and enhance operational efficiency.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.50 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

Concord Healthcare Group Establishes Nomination Committee to Enhance Governance
Oct 30, 2025

Concord Healthcare Group Co., Ltd. has established a Nomination Committee under its Board of Directors to streamline the selection and appointment process for directors and senior management. The committee, composed mainly of independent non-executive directors, is tasked with setting procedures and standards, conducting candidate evaluations, and advising the board. This move aims to enhance corporate governance and ensure qualified leadership within the company.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.50 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

Concord Healthcare Group Enhances Governance with New Audit Committee
Oct 30, 2025

Concord Healthcare Group Co., Ltd. has established an Audit Committee under its Board of Directors to strengthen its internal control and audit systems. This move is aimed at improving financial reporting procedures, overseeing internal and external audits, and providing guidance on risk assessment for major investment projects. The committee will be composed of non-executive directors, with a majority being independent, to ensure unbiased supervision and reporting to the Board. This initiative is expected to enhance the company’s governance and compliance, thereby potentially increasing stakeholder confidence.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.50 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

Concord Healthcare Group Enhances Remuneration Management with New Committee
Oct 30, 2025

Concord Healthcare Group Co., Ltd. has established a Remuneration and Appraisal Committee under its Board of Directors to enhance its remuneration management policies and appraisal systems for directors and senior management. This move is aimed at ensuring a formal and transparent procedure for developing remuneration policies, which is expected to improve corporate governance and align the management’s remuneration with the company’s goals, potentially impacting stakeholder confidence positively.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.50 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

Concord Healthcare Announces Release of Share Pledge by Controlling Shareholder
Oct 27, 2025

Concord Healthcare Group Co., Ltd. announced the release of a pledge of 35.6 million H shares by its controlling shareholder, Beijing Concord. This release follows the fulfillment of obligations under a credit line agreement with SPDB, which had initially required the pledge as a guarantee. The release of the pledge signifies a positive development for Concord Healthcare, potentially enhancing its financial flexibility and market position.

The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.50 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.

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: Nov 22, 2025