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Concord Medical Services (CCM)

(Delayed Data from NYSE)

$0.85 USD

0.85
55,492

+0.17 (25.00%)

Updated Apr 30, 2024 03:58 PM ET

After-Market: $0.75 -0.10 (-11.76%) 7:58 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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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Top 1% (1 out of 251)

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.

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