002432.SZ

HoldBargain Bin

Andon Health Co., Ltd. · Healthcare · China · $3.8B cap · $101.6M/day traded

CNY 53.42 -3.7% · close 3 Nov · scored 4 Nov

StockRank down 1.0 since 3 Nov.

Bargain Bin: Looks like a bargain; the quality and the trend say why it is in the bin.

49
StockRank
Get score and insider alerts
Quality
44
Value
53
Momentum
46

As of 4 Nov 2026, MoatMap's StockRank for Andon Health Co., Ltd. (002432.SZ) is 49/100, ranked against 24,000+ stocks in 35 markets (Quality 44, Value 53, Momentum 46, each scored against its sector).

Does StockRank work? Each month we publish how each tenth of the ranking did, whichever way it went. See the record →

P/E (TTM)
4.0x
peers 26.4x
ROE
24.5%
peers 4.0%
D/E
0.4x
peers 0.2x
Dividend %
3.2%
trailing yield

ABOUT ANDON HEALTH CO., LTD.

Read

Andon Health Co., Ltd. designs and manufactures personal health devices, including smart blood pressure monitors and blood glucose meters, under its globally recognized 'iHealth' brand. The company achieved significant global prominence and financial strength through its rapid scale-up and distribution of OTC COVID-19 antigen test kits in the US market. Its strategic focus on IoT-enabled medical devices and digital health management platforms drives its long-term growth strategy.

FINANCIAL SUMMARY (CNY)

Year2022202320242025CAGRTTM
Revenue26.3B3.2B2.6B1.4B-62.7%1.1B
EPS (CNY)35.142.813.815.23-47.0%13.98
Shares484.5M488.3M492.8M464.9M-4.0%466.2M
Debt317.8M1.6B3.4B5.7B161.5%9.2B
Equity19.6B19.2B20.7B21.8B3.7%—
Op CF18.2B1.8B986.8M-166.8M-76.7%-297.3M
Inv CF-12.9B-4.2B-581.3M-728.4M——
Fin CF-275.8M-922.8M96.2M523.7M——
Loading 1Y...
PRICE (1Y) · CNY-10.0%
51.154.457.761.064.315 Sep14 Oct3 Nov
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsVery bumpy

Swung more than 79% of stocks we rank over the past year (volatility 65% a year).

How this is worked out

StockRank weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
CNY 53.42
RSI (14)
43.2
52-Week Range-42.5% from high
Low CNY 38.57High CNY 92.93

SCORE BREAKDOWN

Quality
44
ROIC
10.6%71.4
ROE
24.5%92.2
GP/Assets
2.3%15.1
Op. Margin
-21.7%23.7
FCF/Assets
-1.5%42.0
Piotroski
315.8
Int. Cover
23.3x72.8
D/E Ratio
0.36x36.8
Current Ratio
1.39x22.9
Value
53
P/E (TTM)
4.0x98.7
EV/EBITDA
-87.6x25.0
P/FCF
—N/A
P/B
0.9x84.3
P/S
23.8x12.6
Div Yield
3.2%76.1
Momentum
46
52W High %
57%38.0
RS 6M
—N/A
SMA 50/200
0.98x52.7
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
219%91.9

FUNDAMENTALS

Market Cap
$3.8B
P/E (Forward)
—
Gross Margin
60.0%

SECTOR PEERS

Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of 002432.SZ are excluded.

TickerCompanyMkt CapStockRankSignal
002432.SZAndon Health Co., Ltd.(you)$3.8B49Hold
300896.SZImeik Technology Development Co.,Ltd.$4.5B49Hold
300677.SZIntco Medical Technology Co., Ltd.$4.3B39Hold
688301.SSiRay Group$3.6B37Hold
2276.HKShanghai Conant Optical Co., Ltd.$2.3B53Hold
603087.SSGan & Lee Pharmaceuticals.$6.4B54Hold
603301.SSZhende Medical Co., Ltd.$3.2B30Sell
688050.SSEyebright Medical Technology (Beijing) Co., Ltd.$1.2B48Hold
300171.SZTofflon Science and Technology Group Co., Ltd.$1.6B60Hold
688029.SSMicro-Tech (Nanjing) Co.,Ltd$2.4B69Buy

Peer medians: ROE 4.0% · P/E 26.4x · Gross margin 53.1%

Company Deep Dive

A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.

Request Deep Dive(50 Feathers)

Andon Health Co., Ltd. (002432.SZ): Stock Score Summary

Andon Health Co., Ltd. (002432.SZ) has a MoatMap StockRank of 49/100 based on Quality (44/100), Value (53/100), and Momentum (46/100) factor scores. The current signal is Hold.

Andon Health Co., Ltd. designs and manufactures personal health devices, including smart blood pressure monitors and blood glucose meters, under its globally recognized 'iHealth' brand. The company achieved significant global prominence and financial strength through its rapid scale-up and distribution of OTC COVID-19 antigen test kits in the US market. Its strategic focus on IoT-enabled medical devices and digital health management platforms drives its long-term growth strategy.

Key Financial Metrics

PriceCNY 53.42
Market Cap$3.8B
P/E (TTM)4.03
Price/Book0.93
Return on Equity24.5%
Return on Invested Capital10.6%
Debt/Equity0.36x
Gross Margin60.0%
Operating Margin-21.7%
Revenue Growth-9.8%
Dividend Yield3.2%
Free Cash Flow$-64M

Andon Health Co., Ltd. operates in the Medical Instruments & Supplies industry, part of the Healthcare sector (China).

Frequently Asked Questions

What is Andon Health Co., Ltd.’s (002432.SZ) StockRank?
MoatMap’s StockRank for Andon Health Co., Ltd. (002432.SZ) is 49/100, with a Hold signal. It is a composite of Quality (44), Value (53), and Momentum (46), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Andon Health Co., Ltd. have an economic moat?
Andon Health Co., Ltd. (002432.SZ) has a Quality factor score of 44/100. Quality blends several measures of profitability and financial strength, led by gross profit to assets, return on invested capital and free cash flow to assets. A high score describes the financial record a durable advantage tends to leave; it does not prove a moat.
Is Andon Health Co., Ltd. a buy, hold, or sell?
MoatMap’s current signal for Andon Health Co., Ltd. (002432.SZ) is Hold, based on a StockRank of 49/100. It is the band the score falls in, worked out from the score alone: a description, not a recommendation.
What sector is Andon Health Co., Ltd. in?
Andon Health Co., Ltd. (002432.SZ) operates in the Healthcare sector, specifically the Medical Instruments & Supplies industry (China).