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Yestar Healthcare Holdings Co Ltd (HK:2393)
:2393
Hong Kong Market
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Yestar Healthcare Holdings Co Ltd (2393) AI Stock Analysis

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HK:2393

Yestar Healthcare Holdings Co Ltd

(2393)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
HK$0.05
▼(-13.33% Downside)
Action:Reiterated
Date:06/27/26
Overall score reflects improving balance-sheet footing and a strong 2025 cash-flow rebound, but is held back by sharp revenue contraction, a return to net losses, and a pronounced bearish technical trend (price below key moving averages with negative momentum). Valuation is also constrained by a negative P/E and no provided dividend yield.
Positive Factors
Improved Balance Sheet
The return to positive equity and materially lower leverage reduce balance-sheet strain and improve financial flexibility. This gives Yestar a stronger foundation to fund operations and absorb business volatility than it had during the negative-equity period.
Negative Factors
Sharp Revenue Contraction
The pronounced top-line decline signals weakened demand, volumes or business activity and reduces operating leverage. Persistent revenue pressure would constrain the company’s ability to cover fixed costs, reinvest in services and rebuild sustainable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Balance Sheet
The return to positive equity and materially lower leverage reduce balance-sheet strain and improve financial flexibility. This gives Yestar a stronger foundation to fund operations and absorb business volatility than it had during the negative-equity period.
Read all positive factors

Yestar Healthcare Holdings Co Ltd (2393) vs. iShares MSCI Hong Kong ETF (EWH)

Yestar Healthcare Holdings Co Ltd Business Overview & Revenue Model

Company Description
Yestar Healthcare Holdings Company Limited, an investment holding company, manufactures, distributes, and sells medical imaging products in Mainland China. The company operates in two segments, Imaging Printing Products, and Medical Products and E...
How the Company Makes Money
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Yestar Healthcare Holdings Co Ltd Financial Statement Overview

Summary
Financials are mixed: revenue contracted sharply (~25% in 2025) and profitability is highly volatile with a return to net loss, which drags the income statement quality. Offsetting this, the balance sheet has improved (positive equity restored; moderate debt-to-equity ~0.56) and cash flow rebounded strongly in 2025 with solid operating and free cash flow, though cash flow durability has been inconsistent historically.
Income Statement
41
Neutral
Balance Sheet
58
Neutral
Cash Flow
72
Positive
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.49B2.41B2.91B2.80B4.93B
Gross Profit266.86M399.20M512.78M397.55M848.70M
EBITDA37.64M-51.93M376.81M19.13M315.89M
Net Income-75.03M921.61M-13.89M-992.23M3.33M
Balance Sheet
Total Assets1.19B1.43B3.43B3.37B4.56B
Cash, Cash Equivalents and Short-Term Investments256.26M151.78M251.56M418.15M751.77M
Total Debt211.05M316.90M1.63B1.90B1.79B
Total Liabilities780.27M921.84M3.82B3.71B3.73B
Stockholders Equity378.26M461.60M-457.50M-408.87M755.23M
Cash Flow
Free Cash Flow289.40M-26.45M294.22M-115.58M665.55M
Operating Cash Flow311.31M12.72M387.67M-91.73M715.22M
Investing Cash Flow-16.97M380.42M-89.82M-18.72M-47.67M
Financing Cash Flow-153.52M-502.63M-234.37M-180.86M-654.20M

Yestar Healthcare Holdings Co Ltd Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.06
Price Trends
50DMA
0.06
Positive
100DMA
0.07
Negative
200DMA
0.09
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
51.41
Neutral
STOCH
87.50
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2393, the sentiment is Neutral. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.41 is Neutral, neither overbought nor oversold. The STOCH value of 87.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2393.

Yestar Healthcare Holdings Co Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
HK$442.27M4.5113.95%6.87%10.95%9.26%
62
Neutral
HK$1.81B-30.85-3.50%20.65%127.07%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
51
Neutral
HK$955.42M10.372.40%4.79%4.57%-24.35%
50
Neutral
HK$137.45M-1.40-22.16%2.02%-28.07%47.54%
50
Neutral
HK$3.28B-19.36-7.65%21.23%36.89%
37
Underperform
HK$533.62M-0.94-28.24%-38.15%25.70%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2393
Yestar Healthcare Holdings Co Ltd
0.06
-0.06
-50.83%
HK:9996
Peijia Medical Ltd.
4.78
-2.64
-35.58%
HK:6669
Acotec Scientific Holdings Limited
5.76
-8.10
-58.44%
HK:1612
Vincent Medical Holdings Limited
0.67
-0.34
-33.47%
HK:1696
Sisram Medical Ltd.
1.99
-3.81
-65.76%
HK:2500
Venus Medtech (Hangzhou), Inc. Class H
1.17
-2.77
-70.30%

Yestar Healthcare Holdings Co Ltd Corporate Events

Yestar Healthcare Flags Interim Loss as China Bulk-Buy Schemes Squeeze Medical Product Revenue
Aug 17, 2026
Yestar Healthcare warned that it expects to report an unaudited consolidated net loss of at least RMB0.45 million for the six months ended 30 June 2026, a sharp reversal from an unaudited net profit of about RMB11.1 million a year earlier. The com...
Yestar Healthcare Sets Late-August Board Meeting to Review Interim Results and Potential Dividend
Aug 17, 2026
Yestar Healthcare Holdings has scheduled a board meeting for 28 August 2026 to review and approve its unaudited consolidated interim results for the six months ended 30 June 2026. The board will also consider declaring an interim dividend, signali...
Yestar Healthcare to Liquidate Key Medical Equipment Subsidiary in China
Jul 3, 2026
Yestar Healthcare Holdings has moved to voluntarily liquidate Guangzhou Shengshiyuan Trading, an indirect non–wholly owned subsidiary in Guangzhou that sells medical equipment and reagents, after its shareholders passed a resolution on 26 Ju...
Yestar Healthcare Wins Unanimous Shareholder Backing for AGM Resolutions
May 29, 2026
Yestar Healthcare Holdings reported that all nine ordinary resolutions proposed at its annual general meeting on 29 May 2026 were passed by poll with 100% of votes cast in favor. Shareholders approved the 2025 audited accounts, re-elected three di...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 27, 2026