Professional
Added to YB: 2024-07-09
Pitch date: 2024-07-07
002432.SZ [bullish]
Andon Health Co., Ltd.
+5.23%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Andon Health Co., Ltd. develops, manufactures, and sells health electronics and intelligent hardware products.
Market Cap
CNY 18.6B
Pitch Price
CNY 39.63
Price Target
N/A
Dividend
0.75%
EV/EBITDA
23.94
P/E
19.90
EV/Sales
4.76
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)