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Concord Medical Services (CCM)

(Delayed Data from NYSE)

$0.84 USD

0.84
2,061

+0.03 (3.93%)

Updated Jul 19, 2024 03:49 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 11% (223 out of 250)

Industry: Medical - Nursing Homes

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Balance Sheet

Research for CCM

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Concord Medical Services Holdings Limited falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 13 23 25 56 16
Receivables 10 19 20 12 11
Notes Receivable 0 0 0 0 0
Inventories 6 12 6 3 1
Other Current Assets 58 56 40 33 14
Total Current Assets 87 110 92 104 41
Net Property & Equipment 500 473 494 392 273
Investments & Advances 56 63 62 50 13
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 127 135 195 113 107
Deposits & Other Assets 2 3 39 61 91
Total Assets 853 871 978 818 617
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 45 24 21 4 41
Accounts Payable 18 21 16 3 1
Current Portion Long-Term Debt 102 50 26 19 6
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 103 61 60 51 40
Income Taxes Payable 0 1 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 275 163 126 78 90
Mortgages 0 0 0 0 0
Deferred Taxes/Income 14 16 29 24 24
Convertible Debt 0 0 0 0 0
Long-Term Debt 281 358 342 302 186
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 10 12 16 12 15
Minority Interest (Liabilities) 0 0 578 447 274
Total Liabilities 607 578 1,125 896 620
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 283 280 304 282 253
Retained Earnings -582 -550 -519 -384 -270
Other Equity 545 562 68 23 15
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 246 292 -147 -79 -3
Total Liabilities & Shareholder's Equity 853 871 978 818 617
Total Common Equity 246 292 -147 -79 -3
Shares Outstanding NA 43.40 43.40 43.40 43.40
Book Value Per Share 0.00 6.73 -3.39 -1.81 -0.07

Fiscal Year End for Concord Medical Services Holdings Limited falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 -99,999 13 -99,999 -99,963
Receivables NA NA 10 NA 14
Notes Receivable NA NA 0 NA NA
Inventories NA NA 6 NA 6
Other Current Assets NA NA 58 NA 61
Total Current Assets NA NA 87 NA 117
Net Property & Equipment NA NA 500 NA 450
Investments & Advances NA NA 56 NA 58
Other Non-Current Assets NA NA 0 NA NA
Deferred Charges NA NA 0 NA NA
Intangibles NA NA 127 NA 126
Deposits & Other Assets NA NA 2 NA 4
Total Assets NA NA 853 NA 837
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA NA 45 NA 29
Accounts Payable NA NA 18 NA 18
Current Portion Long-Term Debt NA NA 102 NA 73
Current Portion Capital Leases NA NA 0 NA NA
Accrued Expenses NA NA 103 NA 57
Income Taxes Payable NA NA 0 NA 0
Other Current Liabilities NA NA 0 NA 1
Total Current Liabilities NA NA 275 NA 184
Mortgages NA NA 0 NA NA
Deferred Taxes/Income NA NA 14 NA 15
Convertible Debt NA NA 0 NA NA
Long-Term Debt NA NA 281 NA 313
Non-Current Capital Leases NA NA 0 NA NA
Other Non-Current Liabilities NA 10 NA 9
Minority Interest (Liabilities) NA NA 0 NA NA
Total Liabilities NA NA 607 NA 549
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA NA 0 NA NA
Common Stock (Par) NA NA 0 NA 0
Capital Surplus NA NA 283 NA 279
Retained Earnings NA NA -582 NA -538
Other Equity NA NA 545 NA 547
Treasury Stock NA NA 0 NA 0
Total Shareholder's Equity NA NA 246 NA 288
Total Liabilities & Shareholder's Equity NA NA 853 NA 837
Total Common Equity 0 0 246 0 100,287
Shares Outstanding NA NA NA NA NA
Book Value Per Share 0.00 0.00 0.00 0.00 -1.00