HK/China Healthcare Analyst (ex-Fosun Pharma)

Xinyao (Criss) Wang

Over 15 years' experience in both finance and healthcare, covering clinic operations, investment and equity research in both China and overseas.

China Healthcare Weekly (Sep.24) - VBP on Neuro-Intervention, Payment System Changes, AI in Drug R&D

Aier Eye Hospital Group (300015.CH) - The Concerns Behind the High Growth Momentum

China Healthcare Weekly (Oct.1) - A Landmark Document Released, Dental Implants, Core Data Security

Modern Dental Group (3600.HK) - Insights on Recent Rally of Stock Price and Future Outlook

Presentation on Apr.12: 2021 High Conviction Ideas - Topchoice Medical (600763.CH)

Industry Report - Insights on China Dental Care Industry

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/modern-dental-group-ltd" target="_blank" data-smartkarma-citation="entities:21020:1" rel="noopener">Modern Dental Group (3600 HK)</a> (MDG) has been quite popular since the beginning of this year, and its share price increased about 527.46% by the end of August 20, 2021, which was mainly driven by the positive financial performance. According to the Company’s announcements, based on the preliminary assessment for 2021/1H, MDG expects the net profit for 2021/1H to be within the range of HK$230 million to HK$245 million compared with a net loss for the six month period ended 30 June 2020 of approximately HK$140 million. The turnaround was mainly driven by the strong sales performance amid the solid recovery in the dental industry. The total revenue increased by approximately 61.7% to 66.1% (approximately HKD1,450 million to HKD1,490 million) compared with the six months ended 30 June 2020 (approximately HKD897 million). This insight mainly analyzed the business, thoughts on valuation and the outlook of MDG.</p>

Modern Dental Group (3600 HK) (MDG) has been quite popular since the beginning of this year, and its share price increased about 527.46% by the end of August 20, 2021, which was mainly driven by the positive financial performance. According to the Company’s announcements, based on the preliminary assessment for 2021/1H, MDG expects the net profit for 2021/1H to be within the range of HK$230 million to HK$245 million compared with a net loss for the six month period ended 30 June 2020 of approximately HK$140 million. The turnaround was mainly driven by the strong sales performance amid the solid recovery in the dental industry. The total revenue increased by approximately 61.7% to 66.1% (approximately HKD1,450 million to HKD1,490 million) compared with the six months ended 30 June 2020 (approximately HKD897 million). This insight mainly analyzed the business, thoughts on valuation and the outlook of MDG.

Modern Dental Group (3600.HK) - Performance Turnaround with Promising Growth Potential