Company Overview - Tian An Medicare, formerly known as China Medical & Health Care Group Limited, was listed on the Hong Kong Stock Exchange in August 1991 and rebranded in May 2024 to better reflect its new vision and development strategy [3][4] - The company is transitioning from an investment holding group to a provider of integrated medical and elderly care services, focusing on investment, management, and operation within the medical and elderly care industries [4] Financial Performance - As of December 31, 2024, Tian An Medicare reported total revenue of 1.489 billion yuan, a year-on-year increase of 0.32%, and a net profit attributable to shareholders of 26.6449 million yuan, reflecting a significant year-on-year growth of 96.03% [2] - The company's asset-liability ratio stands at 46.46% [2] Stock Performance - Over the past month, Tian An Medicare has seen a cumulative increase of 2.5%, while year-to-date, the stock has risen by 15.41%, underperforming the Hang Seng Index, which has increased by 25.27% [2] - The stock closed at 0.9 HKD per share on July 23, with a daily increase of 9.76% and a trading volume of 20,000 shares [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the healthcare equipment and services industry is -1.96 times, with a median of 1.36 times. Tian An Medicare's P/E ratio is 30.86 times, ranking 41st in the industry [3] - Comparatively, other companies in the sector have significantly lower P/E ratios, such as Giant Medical Holdings at 0.33 times and Jingjiu Health at 0.38 times [3] Strategic Direction - The company aims to establish a regional medical and elderly care service network in China and the Asia-Pacific region, providing integrated services from basic community healthcare to advanced medical and elderly care [4] - Tian An Medicare is actively pursuing partnerships in China and the Asia-Pacific region to expand its business coverage and service categories, with ongoing projects aimed at improving operational efficiency and customer service [4]