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瑞信:首次覆盖平安好医生(1833.HK)给予“跑赢大市”评级,目标价115港元
格隆汇 05-14 12:00

格隆汇5月14日丨瑞信5月13日发布研报,首次覆盖平安好医生(1833.HK),给予“跑赢大市”评级,目标价115港元。

瑞信称,平安好医生(1833.HK)是中国最大的互联网医疗服务平台,注册用户超过3.73亿,月均活跃用户数达7.26亿,日均咨询量为90.3万。

平安好医生旨在通过改善医疗资源的分配来解决中国卫生系统问题,包括在线转移一些少数人常见疾病的诊断和治疗,以及通过准确的病人路径,初步在线咨询和诊断建议来授权医院和医生。

平安好医生基于人工智能的医疗系统可以提供辅助诊断和用药建议,准确率大于90%,涵盖超过3000种常见疾病。

平安好医生通过不同渠道保持市场份额。在保险方面,预计平安好医生将通过360健康和安诊无忧等会员产品,继续开发平安保险的高品质数据库,并与保险团队共同开发更多产品以推广“保险+医疗服务”模式。在公司端,平安好医生已经与1100多家公司建立了联系,并继续通过2B2C2F模式渗透更多的用户。

预计公司2021-2023年收入将分别达到90亿人民币、119亿人民币和153亿人民币,同比分别增长32%、31%和29%。给予2021E 12.8倍市盈率,首次覆盖给予跑赢大市评级,目标价115港元。

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