Universal Health International Group Holding Limited's (HKG:2211) Price Is Right But Growth Is Lacking After Shares Rocket 75%
Dec 18
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Hong Kong (HSI) Healthcare Services Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies57
- 7D-1.3%
- 3M11.2%
- 1Y-17.8%
- YTD-12.6%
Over the last 7 days, the Healthcare Services industry has dropped 1.3%, driven by Sinopharm Group declining 2.3%. In contrast, Jiangxi Rimag Group has gained 6.9%. Overall the industry is down 18% in 12 months. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Hong Kong Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | HK$222.9b | HK$804.4b | HK$14.5b | 12x | 15.4x | 0.3x |
| Mon, 18 Nov 2024 | HK$220.1b | HK$813.5b | HK$14.6b | 12.9x | 15x | 0.3x |
| Wed, 16 Oct 2024 | HK$217.2b | HK$824.8b | HK$15.2b | 13.7x | 14.3x | 0.3x |
| Fri, 13 Sep 2024 | HK$190.4b | HK$835.1b | HK$15.5b | 13.2x | 12.2x | 0.2x |
| Sun, 11 Aug 2024 | HK$230.8b | HK$829.0b | HK$12.7b | 10.8x | 18.2x | 0.3x |
| Tue, 09 Jul 2024 | HK$240.6b | HK$818.4b | HK$12.5b | 10.9x | 19.3x | 0.3x |
| Thu, 06 Jun 2024 | HK$258.8b | HK$821.3b | HK$12.5b | 12.3x | 20.7x | 0.3x |
| Sat, 04 May 2024 | HK$255.9b | HK$822.9b | HK$12.5b | 12.1x | 20.4x | 0.3x |
| Mon, 01 Apr 2024 | HK$227.7b | HK$822.5b | HK$12.7b | 11.8x | 17.9x | 0.3x |
| Wed, 28 Feb 2024 | HK$249.5b | HK$815.0b | HK$12.0b | 14.9x | 20.7x | 0.3x |
| Fri, 26 Jan 2024 | HK$235.5b | HK$817.7b | HK$12.0b | 15x | 19.6x | 0.3x |
| Sun, 24 Dec 2023 | HK$235.5b | HK$820.7b | HK$12.5b | 15x | 18.9x | 0.3x |
| Tue, 21 Nov 2023 | HK$259.2b | HK$814.4b | HK$12.3b | 15.1x | 21.1x | 0.3x |
| Thu, 19 Oct 2023 | HK$279.2b | HK$801.8b | HK$12.3b | 13.3x | 22.7x | 0.3x |
| Sat, 16 Sep 2023 | HK$282.2b | HK$806.6b | HK$12.7b | 12.8x | 22.1x | 0.3x |
| Mon, 14 Aug 2023 | HK$287.9b | HK$779.6b | HK$11.4b | 10.5x | 25.3x | 0.4x |
| Wed, 12 Jul 2023 | HK$325.5b | HK$805.6b | -HK$115,494,417.00 | 11.7x | -2818.6x | 0.4x |
| Fri, 09 Jun 2023 | HK$313.6b | HK$775.0b | HK$680.9m | 13x | 460.5x | 0.4x |
| Sun, 07 May 2023 | HK$335.0b | HK$799.4b | HK$1.3b | 11.4x | 260.1x | 0.4x |
| Tue, 04 Apr 2023 | HK$332.2b | HK$799.2b | HK$1.6b | 17.1x | 207.6x | 0.4x |
| Thu, 02 Mar 2023 | HK$321.8b | HK$787.2b | HK$3.6b | 16.2x | 89.2x | 0.4x |
| Sat, 28 Jan 2023 | HK$316.4b | HK$793.5b | HK$3.5b | 16.3x | 90.9x | 0.4x |
| Mon, 26 Dec 2022 | HK$288.6b | HK$768.8b | HK$3.0b | 13.9x | 97.5x | 0.4x |
| Wed, 23 Nov 2022 | HK$257.7b | HK$750.4b | HK$2.2b | 13.5x | 118x | 0.3x |
| Fri, 21 Oct 2022 | HK$197.2b | HK$657.9b | -HK$2,263,135,255.00 | 13.3x | -87.1x | 0.3x |
| Sun, 18 Sep 2022 | HK$209.2b | HK$678.6b | -HK$2,453,227,237.00 | 16.6x | -85.3x | 0.3x |
| Tue, 16 Aug 2022 | HK$224.9b | HK$692.4b | -HK$6,814,785,813.00 | 17.9x | -33x | 0.3x |
| Thu, 14 Jul 2022 | HK$239.2b | HK$694.3b | -HK$6,904,990,869.00 | 17.5x | -34.6x | 0.3x |
| Sat, 11 Jun 2022 | HK$213.3b | HK$694.7b | -HK$6,141,309,787.00 | 17.1x | -34.7x | 0.3x |
| Mon, 09 May 2022 | HK$191.3b | HK$686.7b | -HK$6,876,901,013.00 | 17.2x | -27.8x | 0.3x |
| Wed, 06 Apr 2022 | HK$206.6b | HK$717.5b | -HK$7,183,904,990.00 | 17.3x | -28.8x | 0.3x |
| Fri, 04 Mar 2022 | HK$247.2b | HK$721.9b | -HK$5,037,073,260.00 | 16.4x | -49.1x | 0.3x |
| Sun, 30 Jan 2022 | HK$236.8b | HK$714.5b | -HK$5,275,119,202.00 | 16.6x | -44.9x | 0.3x |
| Tue, 28 Dec 2021 | HK$244.3b | HK$712.4b | -HK$5,431,434,937.00 | 17.8x | -45x | 0.3x |
Price to Earnings Ratio
-45x
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 15.4x which is higher than its 3-year average PE of -49.9x.
- The industry is trading close to its 3-year average PS ratio of 0.34x.
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 4.1% 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 Market | -0.53% | |
| Healthcare | -2.00% | |
| Healthcare Services | -1.27% | |
| Managed Healthcare | 29.63% | |
| Healthcare Services | 1.13% | |
| Healthcare Distributors | -1.41% | |
| Healthcare Facilities | -4.46% | |
Industry PE
- Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 14.9x.
- Analysts are expecting annual earnings growth of 23.6%, which is higher than its past year's earnings decline of 21.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 55% over the next 5 years.
- This is better than its past earnings decline of 40% per year.
- In contrast, the Healthcare Distributors industry is expected to see its earnings grow by 3.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2522 Jiangxi Rimag Group | HK$63.00 | 6.9% +HK$1.4b | n/a | PE3998.6x | |
| 2325 Yunkang Group | HK$7.54 | 9.3% +HK$383.0m | -34.4% | PS5.3x | |
| 9885 YSB | HK$6.02 | 4.0% +HK$155.4m | -22.7% | PE3175.7x | |
| 1931 IVD Medical Holding | HK$1.60 | 5.3% +HK$130.0m | -11.6% | PE9.4x | |
| 1298 Yunnan Energy International | HK$1.00 | 66.7% +HK$110.2m | 25.0% | PE466.1x |
