Founded in 2004 and listing on the Hong Kong Exchange in 2023, Adicon is one of the largest independent clinical laboratories in China. In October 2018, private equity Carlyle Group completed its investment in Adicon and has since been the largest single shareholder. Following Carlyle's investment, Adicon quickly stepped up its footprint. It has a testing portfolio of over 4,000 medical diagnostic tests with 36 self-operated laboratories in 2023, compared with 1,800 items and 21 labs in 2018. Currently, esoteric tests account for nearly 60% of its testing portfolio. Esoteric tests require more specialized technologies and/or equipment.

Financial Strength

5/10

Name	Current	Vs Industry
Cash-To-Debt	0.55
Equity-to-Asset	0.38
Debt-to-Equity	0.78
Debt-to-EBITDA	2.4
Interest Coverage	6.7
Piotroski F-Score	7/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	2.45	Distress Grey Safe
Beneish M-Score	-2.34	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	3.9
	3-Year EBITDA Growth Rate	4.5
	3-Year EPS without NRI Growth Rate	-6.4
	3-Year FCF Growth Rate	-19.2
	3-Year Book Growth Rate	15.3
	Future 3-5Y EPS without NRI Growth Rate	13.78
	Future 3-5Y Total Revenue Growth Rate	5.64

Momentum Rank

	Name	Current	Vs Industry		Vs History
	5-Day RSI	43.92
	9-Day RSI	46.45
	14-Day RSI	46.15
	6-1 Month Momentum %	-18.94
	12-1 Month Momentum %	-32.94

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.99
	Quick Ratio	1.91
	Cash Ratio	0.49
	Days Inventory	30.44
	Days Sales Outstanding	223.28
	Days Payable	154.26

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	3-Year Average Share Buyback Ratio	-0.2
	Shareholder Yield %	2.83

Profitability Rank

6/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	40.95
	Operating Margin %	14.6
	Net Margin %	7.2
	FCF Margin %	2.25
	ROE %	13.84
	ROA %	4.82
	ROIC %	15.96
	ROC (Joel Greenblatt) %	29.34
	ROCE %	13.92
	Years of Profitability over Past 10-Year	4

GF Value Rank

	Name	Current	Vs Industry		Vs History
	PE Ratio	19.76
	Forward PE Ratio	14.72
	PE Ratio without NRI	19.76
	PS Ratio	1.46
	PB Ratio	2.51
	Price-to-Tangible-Book	2.87
	Price-to-Free-Cash-Flow	63.42
	Price-to-Operating-Cash-Flow	20.88
	EV-to-EBIT	13.15
	EV-to-Forward-EBIT	8.97
	EV-to-EBITDA	9.17
	EV-to-Forward-EBITDA	7.53
	EV-to-Revenue	1.69
	EV-to-Forward-Revenue	1.36
	EV-to-FCF	74.1
	Price-to-Graham-Number	1.59
	Price-to-Net-Current-Asset-Value	16.24
	Earnings Yield (Greenblatt) %	7.6
	FCF Yield %	1.58

Financials (Next Earnings Date:2025-03-28 Est.)

Annual Quarterly TTM

HKSE:09860's 30-Y Financials

AAPL

Income Statement Breakdown FY

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

See Details

Insider Trades

See Details

Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Adicon Holdings Ltd Executives

Details

GF Value

HKSE:09860

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 2 Severe warning signs with 09860. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil HK$)	3,386.69
	EPS (TTM) (HK$)	0.337
	Beta	0
	Volatility %	76.97
	14-Day RSI	46.15
	14-Day ATR (HK$)	0.723653
	20-Day SMA (HK$)	6.7905
	12-1 Month Momentum %	-32.94
	52-Week Range (HK$)	6.18 - 13.9
	Shares Outstanding (Mil)	725.74

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	7
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Adicon Holdings Ltd Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Adicon Holdings Ltd Stock Events

Financials Calendars

	Event	Date	Price(HK$)
No Event Data

Adicon Holdings Ltd Frequently Asked Questions

What is Adicon Holdings Ltd(HKSE:09860)'s stock price today?

The current price of HKSE:09860 is HK$6.66. The 52 week high of HKSE:09860 is HK$13.90 and 52 week low is HK$6.18.

When is next earnings date of Adicon Holdings Ltd(HKSE:09860)?

The next earnings date of Adicon Holdings Ltd(HKSE:09860) is 2025-03-28 Est..

Does Adicon Holdings Ltd(HKSE:09860) pay dividends? If so, how much?

Adicon Holdings Ltd(HKSE:09860) does not pay dividend.

Press Release

	Subject	Date
No Press Release

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.