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Hong Kong (HSI) Healthcare Services Industry Analysis

UpdatedJan 20, 2022
DataAggregated Company Financials
Companies49
  • 7D-1.1%
  • 3M-22.1%
  • 1Y-62.1%
  • YTD0.6%

Over the last 7 days, the Healthcare Services industry has dropped 1.1%, driven by a decline by Hygeia Healthcare Holdings of 7.4%. Meanwhile, New Horizon Health actually outperformed within the industry, gaining 41% in the last week. However, the industry is down 62% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Thu, 20 Jan 2022HK$263.6bHK$716.0b-HK$5,284,957,123.0018.5x
Sat, 18 Dec 2021HK$244.0bHK$712.7b-HK$5,433,376,821.0017.7x
Mon, 15 Nov 2021HK$282.1bHK$710.4b-HK$5,412,729,902.0016.3x
Wed, 13 Oct 2021HK$320.8bHK$691.8b-HK$5,358,186,523.0016.4x
Fri, 10 Sep 2021HK$353.6bHK$689.6b-HK$5,408,746,530.0217.6x
Sun, 08 Aug 2021HK$456.4bHK$689.6b-HK$5,408,746,530.0216.6x
Sat, 01 May 2021HK$948.1bHK$647.2b-HK$3,726,135,594.8920.7x
Tue, 02 Feb 2021HK$301.5bHK$596.1bHK$8.0b25x
Fri, 06 Nov 2020HK$271.4bHK$551.4bHK$6.8b18.2x
Mon, 10 Aug 2020HK$302.5bHK$514.6bHK$5.7b20.5x
Sun, 03 May 2020HK$255.6bHK$516.9bHK$7.2b19.9x
Wed, 05 Feb 2020HK$233.9bHK$520.1bHK$8.3b18.9x
Sat, 09 Nov 2019HK$233.4bHK$487.2bHK$8.3b17.6x
Fri, 02 Aug 2019HK$204.0bHK$475.4bHK$8.2b17.8x
Mon, 06 May 2019HK$191.9bHK$460.8bHK$7.5b16.7x
Thu, 07 Feb 2019HK$202.9bHK$431.3bHK$6.6b20.9x
PE Ratio

20.9x

Total Market Cap: HK$202.9bTotal Earnings: HK$6.6bTotal Revenue: HK$431.3b0%0%0%3 Year10 Year
202020212022

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.8x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: Total earnings for the Healthcare industry have declined over the last three years, with the industry now making a loss overall. But revenues have grown 18% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

Healthcare Services0.94%
Healthcare Distributors0.36%
Managed Healthcare-1.85%
Healthcare Facilities-3.95%

Industry PE: Investors are most optimistic about the Managed Healthcare industry which is trading above its 3-year average PE ratio of 22.7x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Healthcare Distributors industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 13.6x.

Forecasted Growth: Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 47% over the next 5 years. This is better than it's past earnings growth rate of 30% per year. Meanwhile, the Healthcare Distributors industry is expected to see its earnings grow by 8.3% 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
6606 New Horizon HealthHK$29.0541.0%
+HK$3.6b
n/aPS97.9x
1099 Sinopharm GroupHK$18.501.1%
+HK$624.1m
-3.4%PE5.9x
1345 China Pioneer Pharma HoldingsHK$2.034.1%
+HK$96.8m
105.1%PE22.1x
8037 China Biotech Services HoldingsHK$1.145.6%
+HK$57.8m
-10.2%PE30.6x
2666 Genertec Universal Medical GroupHK$5.720.5%
+HK$56.7m
-4.5%PE4.6x
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