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Modern Dental Group Limited (3600) AI Stock Analysis
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Modern Dental Group Limited
(HKEX:3600)
The score is driven primarily by strong and improving financial performance (profitability expansion, declining leverage, and robust free cash flow) and supportive valuation (low P/E with a ~3.74% yield). Technicals are more neutral, with the stock consolidating near short-term averages despite remaining above longer-term trend levels.
Modern Dental Group Limited (3600) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 6.79B
- Dividend Yield
- 3.85%
- Average Volume (3M)
- 540.89K
- Price to Earnings (P/E)
- 10.0
- Beta (1Y)
- 0.45
- Revenue Growth
- 12.50%
- EPS Growth
- 44.44%
- Country
- Hong Kong
- Employees
- 8,575
- Sector
- Healthcare
- Sector Strength
- 51
- Industry
- Medical - Devices
Modern Dental Group Limited Business Overview & Revenue Model
Company Description
Modern Dental Group Limited, an investment holding entity, is a prominent provider specializing in the manufacturing and worldwide distribution of dental prosthetic devices. Its extensive operations reach various international markets, including Euro...
How the Company Makes Money
Modern Dental Group makes money primarily by producing and selling custom dental prosthetic products to dentists and dental clinics, with revenue generally recognized when dental restorations/appliances are manufactured and delivered. Key revenue str...
Modern Dental Group Limited Financial Statement Overview
Summary
Financials are a clear strength: steady revenue growth into 2024–2025, meaningful margin expansion (net margin ~7.8% in 2022 to ~16.0% in 2025; EBIT margin ~11.1% to ~20.1%), improving leverage (debt-to-equity down to ~0.20 in 2025), and strong free cash flow (FCF ~691M in 2025; ~0.91x of earnings). Main risk is historical variability (notably 2022 revenue contraction and uneven cash conversion).
Income Statement
83Very PositiveBalance Sheet
78PositiveCash Flow
86Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.93B | 3.74B | 3.36B | 3.17B | 2.83B | 2.96B |
| Gross Profit | 2.26B | 2.08B | 1.80B | 1.70B | 1.38B | 1.55B |
| EBITDA | 1.02B | 904.02M | 719.12M | 696.64M | 464.09M | 627.01M |
| Net Income | 686.06M | 596.97M | 408.00M | 404.10M | 220.46M | 360.82M |
Balance Sheet | ||||||
| Total Assets | 4.80B | 4.54B | 4.07B | 3.95B | 3.54B | 3.66B |
| Cash, Cash Equivalents and Short-Term Investments | 829.15M | 767.24M | 816.83M | 697.69M | 447.72M | 638.00M |
| Total Debt | 609.40M | 654.11M | 924.22M | 852.20M | 788.19M | 833.09M |
| Total Liabilities | 1.26B | 1.24B | 1.35B | 1.31B | 1.21B | 1.30B |
| Stockholders Equity | 3.53B | 3.29B | 2.72B | 2.63B | 2.32B | 2.35B |
Cash Flow | ||||||
| Free Cash Flow | 725.26M | 691.12M | 379.37M | 416.04M | 53.36M | 369.27M |
| Operating Cash Flow | 795.00M | 763.10M | 521.19M | 575.76M | 238.72M | 510.72M |
| Investing Cash Flow | -93.93M | -278.13M | -145.47M | -154.96M | -227.55M | -142.65M |
| Financing Cash Flow | -452.36M | -575.66M | -227.70M | -173.64M | -201.79M | -452.12M |
Modern Dental Group Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3600, the sentiment is Negative. The current price of 7.27 is below the 20-day moving average (MA) of 7.53, below the 50-day MA of 7.75, and above the 200-day MA of 6.47, indicating a neutral trend. The MACD of -0.14 indicates Positive momentum. The RSI at 42.11 is Neutral, neither overbought nor oversold. The STOCH value of 23.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3600.
Modern Dental Group Limited Peers Comparison
Overall Rating
- HK:360078Outperform
HK:135866Neutral
HK:669966Neutral
HK:150164Neutral
HK:106659.9Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:3600 | 78Outperform | HKD 6.79B | 9.96 | 20.11% | 3.85% | 12.50% | 44.44% |
| HK:1358 | 66Neutral | HKD 1.28B | 26.55 | 1.10% | 7.15% | -1.64% | -68.67% |
| HK:6699 | 66Neutral | HKD 13.19B | 39.13 | 8.95% | 1.24% | ― | ― |
| HK:1501 | 64Neutral | HKD 6.34B | 21.57 | 9.64% | 0.87% | 34.94% | 12.99% |
| HK:1066 | 60Neutral | HKD 14.54B | 9.09 | 5.64% | 5.24% | 7.47% | -26.89% |
| Sector * | 51Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% |
* Healthcare Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:3600 | Modern Dental Group Limited | 7.27 | 2.19 | 43.08% | |
| HK:1066 | Shandong Weigao Group Medical Polymer Co Class H | 3.21 | -2.04 | -38.76% | |
| HK:1358 | PW Medtech Group Ltd. | 0.90 | -0.56 | -38.36% | |
| HK:1501 | Shanghai Kindly Medical Instruments Co., Ltd. Class H | 30.00 | 0.12 | 0.39% | |
| HK:6699 | Angelalign Technology Inc. | 76.55 | 14.99 | 24.35% |
Modern Dental Group Limited Corporate Events
Modern Dental Group Delivers Record Interim Revenue and Higher Dividend on Digital Growth
Modern Dental Group Limited reported record interim revenue for the six months ended 30 June 2026, despite a challenging macroeconomic backdrop marked by softer demand for dental procedures and geopolitical uncertainty. The company leveraged its dive...
Modern Dental Group Declares Interim Dividend for First Half of 2026
Modern Dental Group Limited, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange under stock code 03600, operates in the dental services and products industry. The group focuses on serving patients and dental professionals i...
Modern Dental Schedules Board Meeting to Approve Interim Results and Consider Dividend
Modern Dental Group Limited has scheduled a board meeting for 27 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026, along with their release to the market. The board will also consider whether to de...
Modern Dental Group Forecasts Sharp Interim Profit Growth on Overseas Strength
Modern Dental Group has issued a positive profit alert for the six months ended 30 June 2026, flagging a revenue increase to between HK$1.975 billion and HK$2.075 billion, up 7.6% to 13.1% year on year. EBITDA is expected to rise about 21.5% to 28.1%...
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: Oct 04, 2026