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Hong Kong (HSI) Healthcare Services Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies57
  • 7D2.8%
  • 3M-3.5%
  • 1Y-28.0%
  • YTD-3.0%

Over the last 7 days, the Healthcare Services industry has risen 2.8%, driven by gains from Concord Healthcare Group of 42%. However, the industry is down 28% over the past year. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$245.1bHK$817.7bHK$12.4b13.2x19.7x0.3x
Wed, 14 Feb 2024HK$233.2bHK$815.1bHK$12.0b14.3x19.4x0.3x
Fri, 12 Jan 2024HK$241.9bHK$819.0bHK$12.1b15.2x20.1x0.3x
Sun, 10 Dec 2023HK$255.5bHK$816.8bHK$12.4b15.5x20.7x0.3x
Tue, 07 Nov 2023HK$258.4bHK$807.3bHK$12.3b14.2x21x0.3x
Thu, 05 Oct 2023HK$289.7bHK$803.9bHK$12.3b12.3x23.5x0.4x
Sat, 02 Sep 2023HK$286.7bHK$810.1bHK$12.5b14.4x22.9x0.4x
Mon, 31 Jul 2023HK$308.3bHK$786.7bHK$11.5b11.3x26.7x0.4x
Wed, 28 Jun 2023HK$296.8bHK$783.5bHK$605.7m10.9x490.1x0.4x
Fri, 26 May 2023HK$317.5bHK$782.5bHK$935.1m11.7x339.6x0.4x
Sun, 23 Apr 2023HK$340.9bHK$800.2bHK$1.2b10.7x282.3x0.4x
Tue, 21 Mar 2023HK$318.3bHK$785.9bHK$4.2b15.9x75.4x0.4x
Thu, 16 Feb 2023HK$313.0bHK$789.3bHK$3.4b16x92.2x0.4x
Sat, 14 Jan 2023HK$313.9bHK$798.9bHK$3.6b16.4x87.4x0.4x
Mon, 12 Dec 2022HK$293.7bHK$770.2bHK$3.0b15x99.4x0.4x
Wed, 09 Nov 2022HK$248.4bHK$752.5bHK$2.1b14.1x119x0.3x
Fri, 07 Oct 2022HK$197.3bHK$667.8b-HK$2,110,120,500.0013.3x-93.5x0.3x
Sun, 04 Sep 2022HK$212.6bHK$686.8b-HK$2,308,979,798.0016.3x-92.1x0.3x
Tue, 02 Aug 2022HK$227.1bHK$692.4b-HK$6,919,955,013.0017.7x-32.8x0.3x
Thu, 30 Jun 2022HK$241.9bHK$695.4b-HK$6,939,967,039.0018.6x-34.9x0.3x
Sat, 28 May 2022HK$205.6bHK$690.2b-HK$6,100,464,168.0016.6x-33.7x0.3x
Mon, 25 Apr 2022HK$199.0bHK$704.8b-HK$7,133,288,810.0017.2x-27.9x0.3x
Wed, 23 Mar 2022HK$226.4bHK$732.2b-HK$5,117,418,463.0017.8x-44.2x0.3x
Fri, 18 Feb 2022HK$256.7bHK$718.7b-HK$5,304,634,413.0017.5x-48.4x0.4x
Sun, 16 Jan 2022HK$263.5bHK$715.4b-HK$5,281,142,686.0018.6x-49.9x0.4x
Tue, 14 Dec 2021HK$257.4bHK$712.3b-HK$5,429,793,614.0017.4x-47.4x0.4x
Thu, 11 Nov 2021HK$278.0bHK$709.2b-HK$5,335,060,749.0015.6x-52.1x0.4x
Sat, 09 Oct 2021HK$316.6bHK$692.8b-HK$5,364,960,323.0016.5x-59x0.5x
Mon, 06 Sep 2021HK$383.8bHK$689.6b-HK$5,408,746,530.0217.9x-71x0.6x
Wed, 04 Aug 2021HK$472.3bHK$689.6b-HK$5,408,746,530.0217.7x-87.3x0.7x
Sat, 08 May 2021HK$948.1bHK$647.2b-HK$3,726,135,594.8920.7x-254.4x1.5x
Price to Earnings Ratio

-237.9x


Total Market Cap: HK$886.4bTotal Earnings: -HK$3,726,135,594.89Total Revenue: HK$647.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Healthcare Services Industry Price to Earnings3Y Average -85.9x202220232024
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 19.7x which is higher than its 3-year average PE of -85.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.47x.
Past Earnings Growth
  • Total earnings for the Healthcare industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 8.1% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

HK Market1.55%
Healthcare4.12%
Healthcare Services2.81%
Healthcare Facilities12.11%
Healthcare Services1.29%
Healthcare Distributors0.091%
Managed Healthcare0%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 35.9%, which is higher than its past year's earnings decline of 48.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings decline of 16% per year.
  • In contrast, the Healthcare Distributors 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
2453 Concord Healthcare GroupHK$21.9034.4%
+HK$4.0b
n/aPS23.5x
9860 Adicon HoldingsHK$11.384.0%
+HK$320.0m
n/aPE18.5x
1515 China Resources Medical HoldingsHK$4.025.2%
+HK$259.3m
-48.9%PE16.4x
3309 C-MER Eye Care HoldingsHK$3.076.6%
+HK$237.2m
-33.1%PS2.1x
1951 Jinxin Fertility GroupHK$2.603.2%
+HK$217.7m
-49.8%PE42.1x
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Latest News

2453

HK$21.90

Concord Healthcare Group

7D

34.4%

1Y

n/a

874

HK$20.50

Guangzhou Baiyunshan Pharmaceutical Holdings

7D

-1.7%

1Y

-13.5%

2273

HK$43.95

Gushengtang Holdings

7D

-1.9%

1Y

-19.1%

1406

HK$0.56

Clarity Medical Group Holding

7D

30.2%

1Y

-40.4%

2120

HK$12.34

Wenzhou Kangning Hospital

7D

12.2%

1Y

n/a

2325

HK$11.16

Yunkang Group

7D

-3.0%

1Y

-20.9%

6078

HK$28.70

Hygeia Healthcare Holdings

7D

-2.4%

1Y

-48.8%

1951

HK$2.60

Jinxin Fertility Group

7D

3.2%

1Y

-49.8%

1099

HK$20.95

Sinopharm Group

7D

-2.3%

1Y

-8.9%

9885

HK$9.41

YSB

7D

-10.0%

1Y

n/a

9955

HK$3.57

ClouDr Group

7D

-14.4%

1Y

-44.5%

3309

HK$3.07

C-MER Eye Care Holdings

7D

6.6%

1Y

-33.1%

6639

HK$5.42

Arrail Group

7D

9.7%

1Y

-61.3%

9860

HK$11.38

Adicon Holdings

7D

4.0%

1Y

n/a