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Hong Kong (HSI) Healthcare Services Industry Analysis

UpdatedFeb 05, 2023
DataAggregated Company Financials
Companies58
  • 7D0.4%
  • 3M30.2%
  • 1Y-44.4%
  • YTD1.5%

Over the last 7 days, the Healthcare Services industry has remained flat, although notably New Horizon Health gained 15%. As for the longer term, the industry has declined 44% in the last year. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Feb 2023HK$318.5bHK$796.3bHK$3.5b16.4x90x0.4x
Tue, 03 Jan 2023HK$296.9bHK$778.5bHK$3.2b14.3x93.3x0.4x
Thu, 01 Dec 2022HK$270.9bHK$751.8bHK$2.6b12.9x103.8x0.4x
Sat, 29 Oct 2022HK$188.3bHK$671.8b-HK$2,214,669,786.0013.5x-85x0.3x
Mon, 26 Sep 2022HK$199.3bHK$666.3b-HK$2,690,470,352.0014.5x-74.1x0.3x
Wed, 24 Aug 2022HK$216.1bHK$683.2b-HK$1,503,048,872.0016.8x-143.8x0.3x
Fri, 22 Jul 2022HK$237.3bHK$690.2b-HK$6,938,932,782.0017.3x-34.2x0.3x
Sun, 19 Jun 2022HK$211.9bHK$692.4b-HK$6,122,286,783.0017.5x-34.6x0.3x
Tue, 17 May 2022HK$193.6bHK$674.8b-HK$6,729,962,676.0016.7x-28.8x0.3x
Thu, 14 Apr 2022HK$196.8bHK$717.5b-HK$7,183,673,921.0016.7x-27.4x0.3x
Sat, 12 Mar 2022HK$229.3bHK$722.7b-HK$5,042,269,019.0014.7x-45.5x0.3x
Mon, 07 Feb 2022HK$244.7bHK$714.9b-HK$5,277,525,010.0018.3x-46.4x0.3x
Wed, 05 Jan 2022HK$254.1bHK$713.9b-HK$5,442,157,509.0018.3x-46.7x0.4x
Fri, 03 Dec 2021HK$256.1bHK$711.7b-HK$5,425,945,840.0018.2x-47.2x0.4x
Sun, 31 Oct 2021HK$291.2bHK$706.8b-HK$5,326,869,793.0016.2x-54.7x0.4x
Tue, 28 Sep 2021HK$296.5bHK$690.4b-HK$5,432,210,810.0017.6x-54.6x0.4x
Thu, 26 Aug 2021HK$336.7bHK$689.6b-HK$5,408,746,530.0217.6x-62.3x0.5x
Fri, 02 Jul 2021HK$693.3bHK$688.4b-HK$5,605,383,823.0818x-123.7x1x
Mon, 05 Apr 2021HK$886.4bHK$647.2b-HK$3,726,135,594.8918.8x-237.9x1.4x
Thu, 07 Jan 2021HK$295.5bHK$596.6bHK$7.7b23.4x38.2x0.5x
Wed, 30 Sep 2020HK$263.4bHK$552.4bHK$6.6b18.3x39.6x0.5x
Sat, 04 Jul 2020HK$286.9bHK$514.1bHK$5.7b20.8x50.7x0.6x
Tue, 07 Apr 2020HK$201.7bHK$516.3bHK$7.2b14.5x27.9x0.4x
Price to Earnings Ratio

28.5x


Total Market Cap: HK$235.5bTotal Earnings: HK$8.3bTotal Revenue: HK$520.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Healthcare Services Industry Price to Earnings3Y Average -21.1x202120222023
Current Industry PE
  • Investors are optimistic on the Hong Kong Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 90.0x which is higher than its 3-year average PE of -21.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 25% per year over the last three years.
  • Meanwhile revenues for these companies have grown 15% 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 industry?

HK Market-3.43%
Healthcare-0.63%
Healthcare Services0.43%
Managed Healthcare23.29%
Healthcare Services3.58%
Healthcare Distributors-0.021%
Healthcare Facilities-1.38%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 3kx.
    • Analysts are expecting annual earnings growth of 51.8%, which is higher than its past year's earnings growth of 28.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings growth rate of 29% per year.
  • In contrast, the Healthcare Distributors industry is expected to see its earnings growth to stay flat 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$37.1014.7%
+HK$3.1b
51.4%PS37.1x
2273 Gushengtang HoldingsHK$54.757.4%
+HK$864.0m
67.4%PS7.4x
6639 Arrail GroupHK$10.749.4%
+HK$535.1m
n/aPS3.5x
286 Aidigong Maternal & Child HealthHK$0.6516.1%
+HK$391.1m
1.6%PS4.4x
8037 China Biotech Services HoldingsHK$1.3122.4%
+HK$231.2m
7.4%PE5.8x
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8037

HK$1.31

China Biotech Services Holdings

7D

22.4%

1Y

7.4%

6606

HK$37.10

New Horizon Health

7D

14.7%

1Y

51.4%

1345

HK$2.21

Shanghai Pioneer Holding

7D

-6.0%

1Y

3.3%

6078

HK$63.00

Hygeia Healthcare Holdings

7D

-3.8%

1Y

82.1%

9955

HK$6.37

ClouDr Group

7D

-6.6%

1Y

n/a

286

HK$0.65

Aidigong Maternal & Child Health

7D

16.1%

1Y

1.6%

2427

HK$1.40

Guanze Medical Information Industry (Holding)

7D

-13.6%

1Y

n/a

2273

HK$54.75

Gushengtang Holdings

7D

7.4%

1Y

67.4%

6667

HK$10.80

Mega Genomics

7D

-6.3%

1Y

n/a

3886

HK$0.29

Town Health International Medical Group

7D

-4.8%

1Y

-21.3%

2279

HK$10.38

Yonghe Medical Group

7D

3.4%

1Y

-5.6%

3390

HK$2.63

Tycoon Group Holdings

7D

10.5%

1Y

97.7%

2325

HK$15.54

Yunkang Group

7D

-9.1%

1Y

n/a