MediNet Group Ltd. (8161) AI Stock Analysis

• Market Cap: HK$13.94M
• Dividend Yield: N/A
• Average Volume (3M): 800.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.19
• Revenue Growth: 5.73%
• EPS Growth: 75.18%
• Country: HK
• Employees: 90
• Sector: Healthcare
• Sector Strength: 44
• Industry: Medical - Care Facilities
• EPS (TTM): -0.16
• Shares Outstanding: 41,600,000
• 10 Day Avg. Volume: 2,400
• 30 Day Avg. Volume: 800
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.29
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: ―

MediNet Group Ltd. faces significant financial challenges, with declining revenues and high debt levels impacting its financial health, reflected in the low financial performance score. The technical indicators suggest a bearish trend, further weighing on the stock's outlook. The negative P/E ratio highlights valuation concerns, indicating potential overvaluation despite no dividend yield. These factors collectively contribute to a lower overall stock score.

MediNet Group Ltd. Business Overview & Revenue Model

Company Description

MediNet 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 Money

MediNet 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

MediNet Group Ltd. is facing several challenges, including declining revenues and operational inefficiencies, as reflected in negative profit margins. The balance sheet indicates substantial debt levels relative to equity, posing potential financial risks. Despite these issues, the company maintains positive free cash flow, offering some financial stability and resilience.

Income Statement

The company experienced declining revenue over the past years with a slight recovery this year at 5.3% growth. Both gross and net profit margins are weak, with a significant negative net income. The EBIT and EBITDA margins also reflect operational inefficiencies. These factors contribute to an overall struggling income statement performance.

Balance Sheet

The company's balance sheet shows a high debt-to-equity ratio due to low stockholders' equity, indicating potential risk. Return on equity is negative, reflecting losses. However, the equity ratio is stable, with a decent portion of the company's assets being equity-financed, providing some stability.

Cash Flow

The cash flow statement shows a decline in operating cash flow and free cash flow compared to prior years. However, free cash flow remains positive, which is a positive sign. The free cash flow to net income ratio indicates that the company is generating free cash flow despite net losses, showing some cash flow resilience.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
116.04M	116.25M	110.39M	121.07M	129.48M	144.94M
	Gross Profit
19.79M	15.20M	56.68M	65.44M	70.55M	71.46M
	EBIT
7.29M	-5.12M	-10.52M	-7.09M	533.00K	-5.91M
	EBITDA
-1.62M	2.39M	-11.60M	8.06M	20.10M	2.66M
	Net Income Common Stockholders
-6.73M	-8.08M	-24.88M	-6.22M	4.75M	-14.94M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
15.01M	17.32M	15.57M	15.60M	20.65M	15.89M
	Total Assets
44.67M	42.03M	42.88M	68.46M	75.89M	72.44M
	Total Debt
18.23M	15.96M	9.82M	12.85M	14.25M	11.85M
	Net Debt
3.23M	-1.37M	-5.75M	-2.75M	-6.40M	-4.05M
	Total Liabilities
42.47M	38.84M	31.55M	31.82M	32.84M	34.20M
	Stockholders Equity
2.65M	3.63M	11.76M	36.80M	43.05M	38.24M
Cash Flow		Free Cash Flow
4.15M	1.61M	9.65M	6.45M	16.55M	2.47M
	Operating Cash Flow
5.74M	4.40M	10.36M	7.22M	18.59M	4.81M
	Investing Cash Flow
-1.35M	-2.59M	-707.00K	-772.00K	-2.40M	-5.08M
	Financing Cash Flow
-9.23M	-11.00K	-9.53M	-11.56M	-11.70M	-11.04M

MediNet Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.34
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: 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 46.05 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	54 Neutral	$5.38B	3.40	-45.06%	3.28%	16.75%	-0.02%
8161	47 Neutral	HK$13.94M	―	-111.32%	―	5.73%	75.18%
HBGHF			―	-9.66%	―	―	―
YZOFF		$2.67B	11.70	6.68%	4.72%	―	―
8143	51 Neutral	HK$127.38M	―	-18.22%	―	-56.16%	62.50%
3869	48 Neutral	HK$594.23M	―	-10.78%	―	-0.95%	-128.35%
8215			―		―	―	―