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Hong Kong (HSI) Healthcare Sector Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies215
  • 7D-0.08%
  • 3M-4.4%
  • 1Y72.6%
  • YTD71.4%

Over the last 7 days, the Healthcare industry has dropped 2.3%, driven by pullbacks in 3SBio and Genscript Biotech of 4.9% and 9.1%, respectively. This takes the industry's 12 month performance to a gain of 73%. Earnings are forecast to grow by 30% annually.

Sector Valuation and Performance

Has the Hong Kong Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Nov 2025HK$2.5tHK$1.4tHK$35.2b17.6x70.1x1.8x
Fri, 24 Oct 2025HK$2.5tHK$1.4tHK$34.5b17.9x73.4x1.8x
Sun, 21 Sep 2025HK$2.7tHK$1.5tHK$37.6b19.2x73.1x1.9x
Tue, 19 Aug 2025HK$2.7tHK$1.5tHK$36.0b19.3x76x1.9x
Thu, 17 Jul 2025HK$2.2tHK$1.5tHK$35.8b15.7x62.5x1.5x
Sat, 14 Jun 2025HK$2.1tHK$1.5tHK$33.4b14.8x62.9x1.4x
Mon, 12 May 2025HK$1.7tHK$1.4tHK$33.0b14.1x50.6x1.2x
Wed, 09 Apr 2025HK$1.4tHK$1.4tHK$33.5b12.8x42.7x1x
Fri, 07 Mar 2025HK$1.5tHK$1.4tHK$29.5b12.5x51.9x1.1x
Sun, 02 Feb 2025HK$1.3tHK$1.4tHK$29.1b11.4x44.5x0.9x
Tue, 31 Dec 2024HK$1.4tHK$1.4tHK$28.9b11.8x47.1x1x
Thu, 28 Nov 2024HK$1.4tHK$1.4tHK$28.8b11.5x47.3x1x
Sat, 26 Oct 2024HK$1.4tHK$1.4tHK$30.3b12.5x47.3x1x
Mon, 23 Sep 2024HK$1.3tHK$1.5tHK$31.0b11x41.6x0.9x
Wed, 21 Aug 2024HK$1.2tHK$1.4tHK$28.4b10.6x43.3x0.9x
Fri, 19 Jul 2024HK$1.2tHK$1.4tHK$27.5b10.7x45.2x0.9x
Sun, 16 Jun 2024HK$1.3tHK$1.4tHK$28.7b11.2x45.7x0.9x
Tue, 14 May 2024HK$1.4tHK$1.4tHK$28.8b12.5x49.1x1x
Thu, 11 Apr 2024HK$1.3tHK$1.4tHK$28.6b11.3x45.4x0.9x
Sat, 09 Mar 2024HK$1.3tHK$1.4tHK$26.6b11.4x49.5x0.9x
Mon, 05 Feb 2024HK$1.2tHK$1.4tHK$25.9b11.2x46.4x0.8x
Wed, 03 Jan 2024HK$1.5tHK$1.4tHK$26.5b13x58.6x1.1x
Fri, 01 Dec 2023HK$1.7tHK$1.4tHK$26.1b12.9x65.3x1.2x
Sun, 29 Oct 2023HK$1.6tHK$1.4tHK$24.6b12.3x65.1x1.1x
Tue, 26 Sep 2023HK$1.6tHK$1.4tHK$25.2b12.4x62.9x1.1x
Thu, 24 Aug 2023HK$1.5tHK$1.3tHK$16.9b12.7x90.6x1.1x
Sat, 22 Jul 2023HK$1.7tHK$1.4tHK$2.5b13.9x664.1x1.2x
Mon, 19 Jun 2023HK$1.8tHK$1.3tHK$3.1b14.8x579.5x1.3x
Wed, 17 May 2023HK$1.9tHK$1.4tHK$3.4b15.2x548.7x1.4x
Fri, 14 Apr 2023HK$2.0tHK$1.4tHK$4.5b14.1x443.3x1.5x
Sun, 12 Mar 2023HK$1.9tHK$1.3t-HK$225,162,025.0014.6x-8272.5x1.4x
Tue, 07 Feb 2023HK$2.0tHK$1.4tHK$2.3b15.5x904.7x1.5x
Thu, 05 Jan 2023HK$2.0tHK$1.3tHK$2.0b15x999.8x1.5x
Sat, 03 Dec 2022HK$1.8tHK$1.3tHK$1.9b12.6x912.6x1.3x
Price to Earnings Ratio

912.6x


Total Market Cap: HK$1.8tTotal Earnings: HK$1.9bTotal Revenue: HK$1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Healthcare Sector Price to Earnings3Y Average 178.8x202320242025
Current Industry PE
  • Investors are pessimistic on the Hong Kong Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 70.1x which is lower than its 3-year average PE of 180x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 166% per year over the last three years.
  • Revenues for these companies have grown 2.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Healthcare sector?

HK Market-0.41%
Healthcare-0.081%
Biotech0.72%
Pharma0.55%
Healthtech-1.07%
Medical Equipment-1.56%
Life Sciences-1.83%
Healthcare Services-2.54%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 44.8%, which is higher than its past year's earnings growth of 14.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthtech industry, expecting annual earnings growth of 73% over the next 5 years.
  • This is better than its past earnings decline of 2.2% per year.
  • In contrast, the Pharma industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
3692 Hansoh Pharmaceutical GroupHK$40.504.3%
+HK$10.0b
112.3%PE46.7x
1801 Innovent BiologicsHK$94.905.9%
+HK$9.0b
141.2%PE130.7x
9926 AkesoHK$120.607.9%
+HK$8.1b
55.5%PS40.3x
6990 Sichuan Kelun-Biotech BiopharmaceuticalHK$453.005.6%
+HK$5.6b
131.1%PS64.1x
2591 Guangzhou Innogen Pharmaceutical GroupHK$41.8431.5%
+HK$4.6b
n/aPS308.2x

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