Added to YB: 2024-06-20
Pitch date: 2024-06-18
002432.SZ [bullish]
Andon Health Co., Ltd.
+33.72%
current return
Author Info
Stock Spin-Off Investing is a former equity and PE researcher who shares spin-off related content. Visit the website.
Company Info
Andon Health Co., Ltd. engages in the research and development, production, and sales of health electronics and smart hardware products in China and internationally.
Market Cap
CNY 24.0B
Pitch Price
CNY 39.96
Price Target
N/A
Dividend
2.88%
EV/EBITDA
-103.94
P/E
5.50
EV/Sales
20.52
Sector
Health Care Equipment and Supplies
Category
value
3 High Conviction Buys From China - Andon Health Co., Ltd.
Andon Health (002432.SZ): China medical supply co trading at cash. Catalysts: continued buybacks (5.5% shares YTD), revenue from new US gov order, new contracts for approved COVID/flu test. Pre-COVID rev growing, now ~2.4B RMB/yr at 15% net margin. Overlooked: small cap, no coverage, skewed ratios.
Read full article (2 min)