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平安医疗健康混合A：2025年上半年利润3.52亿元 净值增长率57.41%
Sou Hu Cai Jing·2025-09-04 11:31

Core Insights - The AI Fund Ping An Medical Health Mixed A (003032) reported a profit of 352 million yuan for the first half of 2025, with a weighted average profit per fund share of 1.0034 yuan [2] - The fund's net value growth rate was 57.41% during the reporting period, with a total fund size of 966 million yuan as of the end of June [2] - The fund focuses on long-term investments in pharmaceutical and medical stocks, with a current unit net value of 3.103 yuan as of September 3 [2] Performance Metrics - As of September 3, the fund's one-year cumulative net value growth rate was 111.92%, ranking 5th out of 136 comparable funds [5] - The fund's three-month net value growth rate was 32.83%, ranking 29th out of 138 comparable funds [5] - The fund's three-year Sharpe ratio was 0.4698, ranking 15th out of 105 comparable funds [25] Investment Strategy - The fund manager emphasized the importance of sub-industry prosperity in investment strategy, focusing on companies with valuation advantages in the innovative drug sector [2] - The fund's top ten holdings include companies such as CloudTop New Medicine, Innovent Biologics, and BeiGene, indicating a concentrated investment approach [40] Valuation Metrics - As of June 30, 2025, the fund's weighted average price-to-earnings (P/E) ratio was approximately -202.85, compared to the industry average of 120.96 [9] - The weighted average price-to-book (P/B) ratio was about 7.89, while the industry average was 4.07 [9] - The weighted average price-to-sales (P/S) ratio was approximately 14.98, compared to the industry average of 6.52 [9] Growth Metrics - For the first half of 2025, the fund's weighted average revenue growth rate was 0.17%, while the weighted average net profit growth rate was -0.21% [16] - The fund's weighted annualized return on equity was -0.04% [16] Fund Composition - As of June 30, 2025, the fund had 24,900 holders, with a total of 395 million shares held [34] - Institutional investors held 64.36% of the fund's shares, while individual investors accounted for 35.64% [34] - The fund's turnover rate for the last six months was approximately 143.02%, consistently below the industry average [37]