Education
About Us
Working with TipRanks
Follow Us
MediNet Group Ltd. (HK:8161)
:8161
RESEARCH TOOLSreports
Top Page
MediNet Group Ltd.
(8161)
Rating:47Neutral
Price Target:―
MediNet Group Ltd. (8161) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$13.94M
Dividend YieldN/A
Average Volume (3M)800.00
Price to Earnings (P/E)―
Beta (1Y)-0.19
Revenue Growth5.73%
EPS Growth75.18%
CountryHK
Employees90
SectorHealthcare
Sector Strength42
IndustryMedical - Care Facilities
Share Statistics
EPS (TTM)-0.16
Shares Outstanding41,600,000
10 Day Avg. Volume2,400
30 Day Avg. Volume800
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
MediNet Group Ltd. Business Overview & Revenue Model
Company DescriptionMediNet Group Limited, an investment holding company, provides medical and dental solutions to corporates, insurance companies, and individuals in Hong Kong and the People's Republic of China. It operates two MediNet Centres that offer a range of medical services, including general practitioner consultation services, immunization services, and men's health medical services, as well as health assessment and body checkup services; six dental clinics, which provide various dental services comprising scaling and polishing, fillings, intra oral X-rays, routine oral examination, oral health education, preventive dental care, and cosmetic dental treatment, as well as teeth restoration, dentures, oral and dental laser implant surgery, orthodontics, veneer, invisalign and implants, and teeth whitening services to plan members and self-paid patients; and a DNA genetic laboratory center. The company also provides various services, including physiotherapy, Chinese medicine practitioner, vaccination, X-ray, and diagnostic laboratory tests; and specialist services that offers professional solutions to various health issues. In addition, it provides online services to sell dental and medical consultation services. The company was founded in 1994 and is headquartered in Causeway Bay, Hong Kong. MediNet Group Limited is a subsidiary of MediNet International Limited.
How the Company Makes MoneyMediNet Group Ltd. generates revenue through its array of healthcare services, including medical consultations and dental treatments provided at its clinics. The company earns money by offering these healthcare services to individuals and corporate clients, who pay either directly or through health insurance plans. Additionally, MediNet Group may have partnerships with insurance companies or corporate entities to provide exclusive healthcare services to their members or employees, contributing to its revenue streams.
MediNet Group Ltd. Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | ||||
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 116.25M | 110.39M | 121.07M | 129.48M | 144.94M | Gross Profit |
| 15.20M | 56.68M | 65.44M | 70.55M | 71.46M | EBIT |
| -5.12M | -10.52M | -7.09M | 533.00K | -5.91M | EBITDA |
| 2.39M | -11.60M | 8.06M | 20.10M | 2.66M | Net Income Common Stockholders |
| -8.08M | -24.88M | -6.22M | 4.75M | -14.94M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 17.32M | 15.57M | 15.60M | 20.65M | 15.89M | Total Assets |
| 42.03M | 42.88M | 68.46M | 75.89M | 72.44M | Total Debt |
| 15.96M | 9.82M | 12.85M | 14.25M | 11.85M | Net Debt |
| -1.37M | -5.75M | -2.75M | -6.40M | -4.05M | Total Liabilities |
| 38.84M | 31.55M | 31.82M | 32.84M | 34.20M | Stockholders Equity |
| 3.63M | 11.76M | 36.80M | 43.05M | 38.24M |
| Cash Flow | Free Cash Flow | |||
| 1.61M | 9.65M | 6.45M | 16.55M | 2.47M | Operating Cash Flow |
| 4.40M | 10.36M | 7.22M | 18.59M | 4.81M | Investing Cash Flow |
| -2.59M | -707.00K | -772.00K | -2.40M | -5.08M | Financing Cash Flow |
| -11.00K | -9.53M | -11.56M | -11.70M | -11.04M |
MediNet Group Ltd. Technical Analysis
Positive
0.34
Price Trends
0.33
Positive
0.39
Negative
0.35
Negative
Market Momentum
<0.01
Negative
62.45
Neutral
48.39
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8161, the sentiment is Positive. The current price of 0.34 is above the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.33, and below the 200-day MA of 0.35, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.45 is Neutral, neither overbought nor oversold. The STOCH value of 48.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8161.
MediNet Group Ltd. Peers Comparison
Overall Rating
UnderperformOutperform
Sector (54)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
54 Neutral | $5.31B | 3.28 | -45.10% | 2.80% | 16.76% | 0.02% | |
47 Neutral | HK$13.94M | ― | -111.32% | ― | 5.73% | 75.18% | |
| ― | -9.66% | ― | ― | ― | |||
| $2.75B | 11.70 | 6.68% | 4.39% | ― | ― | ||
51 Neutral | HK$124.00M | ― | -18.22% | ― | -56.16% | 62.50% | |
48 Neutral | HK$621.87M | ― | -10.78% | ― | -0.95% | -128.35% | |
| ― | ― | ― | ― |
* Healthcare Sector Average
Performance Comparison
HK:8161
MediNet Group Ltd.
0.34
-0.04
-10.53%
HBGHF
Honbridge Holdings
―
―
―
YZOFF
Yangtze Optical Fibre and Cable Joint Stock Co
1.64
0.55
50.46%
HK:8143
Good Fellow Healthcare Holdings Limited
0.11
-0.05
-31.25%
HK:3869
Hospital Corporation of China Ltd
4.50
-1.90
-29.69%
HK:8215
First Credit Finance Group Ltd
―
―
―
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
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.