Professional
Added to YB: 2024-07-09
Pitch date: 2024-07-07
002432.SZ [bullish]
Andon Health Co., Ltd.
+37.75%
current return
Author Info
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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 38.79
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
Idea Brunch with Xin Wu of Banyan Partners - Andon Health Co., Ltd.
Andon Health (002432.SZ): Trading at cash value (19.4B RMB) w/ stable B2C med supply biz. 2023 rev 3.2B RMB, 15% margin. Est. normal rev 2.4B RMB/yr, up from pre-COVID. Catalysts: 5.5% buyback YTD, US gov order, new COVID/flu test contracts. Overlooked due to size (20B RMB mkt cap) & skewed ratios from COVID outlier. No analyst coverage.
Read full article (2 min)