Gushengtang Holdings (HKG:2273) Shareholders Will Want The ROCE Trajectory To Continue
Jul 24
Hong Kong (HSI) Healthcare Services Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies22
- 7D-6.2%
- 3M-15.8%
- 1Y-34.1%
- YTDn/a
Over the last 7 days, the Healthcare Services industry has dropped 6.2%, driven by Jinxin Fertility Group declining 19%. Overall the industry is down 34% in 12 months. As for the next few years, earnings are expected to grow by 38% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | HK$45.3b | HK$20.8b | HK$457.2m | 26x | 99x | 2.2x |
| Sun, 23 Jun 2024 | HK$57.1b | HK$22.1b | HK$425.5m | 29.9x | 134.3x | 2.6x |
| Tue, 21 May 2024 | HK$54.4b | HK$21.1b | HK$381.9m | 27.1x | 142.5x | 2.6x |
| Thu, 18 Apr 2024 | HK$51.1b | HK$21.2b | HK$384.8m | 32.7x | 132.8x | 2.4x |
| Sat, 16 Mar 2024 | HK$55.2b | HK$24.2b | HK$1.0b | 20.7x | 53.9x | 2.3x |
| Mon, 12 Feb 2024 | HK$52.6b | HK$24.7b | HK$1.3b | 17.8x | 40.7x | 2.1x |
| Wed, 10 Jan 2024 | HK$67.5b | HK$25.4b | HK$907.1m | 19.2x | 74.4x | 2.7x |
| Fri, 08 Dec 2023 | HK$62.6b | HK$24.7b | HK$1.3b | 17.7x | 48.4x | 2.5x |
| Sun, 05 Nov 2023 | HK$62.9b | HK$24.8b | HK$1.3b | 18.9x | 47.5x | 2.5x |
| Tue, 03 Oct 2023 | HK$65.5b | HK$24.8b | HK$1.3b | 24.8x | 49.4x | 2.6x |
| Thu, 31 Aug 2023 | HK$63.8b | HK$26.1b | HK$1.2b | 20.8x | 52.2x | 2.4x |
| Sat, 29 Jul 2023 | HK$73.3b | HK$26.3b | HK$1.3b | 17.5x | 58.5x | 2.8x |
| Mon, 26 Jun 2023 | HK$62.9b | HK$20.9b | HK$408.8m | 20.8x | 153.9x | 3x |
| Wed, 24 May 2023 | HK$65.1b | HK$21.2b | HK$405.2m | 20.1x | 160.5x | 3.1x |
| Fri, 21 Apr 2023 | HK$72.6b | HK$21.8b | HK$446.1m | 20.5x | 162.7x | 3.3x |
| Sun, 19 Mar 2023 | HK$75.7b | HK$19.0b | HK$868.2m | 15.9x | 87.2x | 4x |
| Tue, 14 Feb 2023 | HK$78.4b | HK$18.5b | HK$489.3m | 16.4x | 160.3x | 4.3x |
| Thu, 12 Jan 2023 | HK$71.4b | HK$18.5b | HK$489.4m | 17.6x | 145.9x | 3.9x |
| Sat, 10 Dec 2022 | HK$69.8b | HK$18.0b | HK$456.0m | 19.3x | 153.2x | 3.9x |
| Mon, 07 Nov 2022 | HK$56.4b | HK$17.4b | -HK$112,594,415.00 | 16.9x | -501x | 3.2x |
| Wed, 05 Oct 2022 | HK$51.8b | HK$17.5b | -HK$118,227,746.00 | 16.7x | -438.2x | 3x |
| Fri, 02 Sep 2022 | HK$62.7b | HK$17.4b | -HK$123,507,098.00 | 18.8x | -507.5x | 3.6x |
| Sun, 31 Jul 2022 | HK$73.3b | HK$16.3b | -HK$5,615,010,025.00 | 27.1x | -13.1x | 4.5x |
| Tue, 28 Jun 2022 | HK$67.5b | HK$14.1b | -HK$4,889,770,207.00 | 26.3x | -13.8x | 4.8x |
| Thu, 26 May 2022 | HK$46.8b | HK$13.9b | -HK$5,015,384,966.00 | 25x | -9.3x | 3.4x |
| Sat, 23 Apr 2022 | HK$44.1b | HK$11.8b | -HK$5,655,648,090.00 | 39.4x | -7.8x | 3.7x |
| Mon, 21 Mar 2022 | HK$74.7b | HK$30.0b | -HK$3,504,328,198.00 | 20.7x | -21.3x | 2.5x |
| Wed, 16 Feb 2022 | HK$90.2b | HK$30.1b | -HK$3,765,973,048.00 | 26.4x | -24x | 3x |
| Fri, 14 Jan 2022 | HK$93.5b | HK$30.1b | -HK$3,761,654,971.00 | 27.1x | -24.9x | 3.1x |
| Sun, 12 Dec 2021 | HK$109.1b | HK$30.1b | -HK$3,757,989,917.00 | 30.2x | -29x | 3.6x |
| Tue, 09 Nov 2021 | HK$105.5b | HK$30.3b | -HK$3,663,791,039.00 | 26.6x | -28.8x | 3.5x |
| Thu, 07 Oct 2021 | HK$132.9b | HK$30.1b | -HK$3,632,312,618.00 | 30.8x | -36.6x | 4.4x |
| Sat, 04 Sep 2021 | HK$157.4b | HK$29.8b | -HK$3,817,522,240.81 | 36.9x | -41.2x | 5.3x |
| Mon, 02 Aug 2021 | HK$189.4b | HK$29.8b | -HK$3,817,522,240.81 | 38.2x | -49.6x | 6.4x |
Price to Earnings Ratio
-49.6x
Current Industry PE
- Investors are optimistic on the Hong Kong Healthcare Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 99.0x which is higher than its 3-year average PE of 4.0x.
- The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- Total earnings for the Healthcare Services industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 11% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Hong Kong Healthcare Services compare with similar industries?
| HK Market | -3.89% | |
| Healthcare | -4.81% | |
| Healthcare Services | -5.42% | |
| Healthcare Services | -6.17% | |
| Managed Healthcare | 0% | |
| Healthcare Distributors | -3.87% | |
| Healthcare Facilities | -7.84% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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$18.80 | 8.0% +HK$498.8m | n/a | PE140x | |
| 6667 Mega Genomics | HK$9.58 | 2.6% +HK$56.3m | -11.3% | PE69.5x | |
| 1419 Human Health Holdings | HK$1.10 | 4.8% +HK$19.0m | -41.8% | PS0.7x | |
| 1947 Meihao Medical Group | HK$0.52 | 4.0% +HK$12.0m | 7.2% | PS3.9x | |
| 2389 Beijing Health (Holdings) | HK$0.078 | 1.3% +HK$6.1m | -13.3% | PS3.4x |
