Ping An Healthcare and Technology Company Limited

1833
Passed

Company Overview

Ping An Healthcare Technology Co., Ltd. (hereinafter referred to as “Ping An Good Doctor”; stock code: 01833.HK) is China's leading one-stop healthcare ecosystem platform. It is committed to providing every family with a family doctor through “mobile medical+AI”, providing everyone with an electronic health file, and providing a health management plan for everyone. Currently, Ping An Good Doctor has formed key business segments such as online medical care, consumer medicine, health shopping malls, health management, and health interaction. In April 2015, the “Safe and Good Doctor” app was officially launched. In May 2016, Ping An Good Doctor completed Series A financing of 500 million US dollars; on May 4, 2018, Ping An Good Doctor was listed on the Hong Kong Stock Exchange with the stock code 1833.HK, and is known as the world's first Internet Healthcare stock. As of the end of June 2019, the number of registered users of the Ping An Good Doctor app reached 289 million, and the number of monthly active users at the end of the term reached 62.7 million, making it the mobile medical application with the highest coverage rate in China. Dr. Ping An Hao has employed its own medical team of 1,000 people and 5,324 external contracted doctors (all with the title of Deputy Chief Physician and above). Empowered by AI artificial intelligence, it provides users with auxiliary diagnosis, rehabilitation guidance and medication recommendations through 7*24 hours of online consultation; cooperated with more than 3,000 offline hospitals (including more than 1,200 of the top three hospitals) to complete follow-up triage and referral services. As of June 30, 2019, the medical and health service provider network covered 400 traditional Chinese medicine clinics, more than 1,600 physical examination centers, more than 1,700 dental clinics, more than 150 medical and aesthetic institutions, and more than 47,000 clinics.

Country
HK
Market Cap
$2.55B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
2.65% passed
5% Threshold
2.6%
Liabilities Compliance
0.00% passed
33% Threshold
0.0%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Ping An Healthcare and Technology Company Limited
Ticker 1833
Main Business Health Information Services
Type Common Stock
Industry Health Information Services
Country HK
Market Cap $2.55 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Services and Sales of goods $6,060,411.0 $0.0 -
Commission income $99,410.0 $0.0 -
Interest income $167,591.0 $167,591.0 -
Total $6,327,412.0 $167,591.0 2.65% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
Total Interest-Bearing Debt $0.0 0.00%
Market Capitalization $2,550,153,846.2 100.00%
Compliance Status Threshold: 33% passed