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Hong Kong (HSI) Healthcare Services Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies22
  • 7D1.3%
  • 3M-11.7%
  • 1Y-37.7%
  • YTDn/a

Over the last 7 days, the Healthcare Services industry has risen 1.3%, driven by gains in Jinxin Fertility Group and Adicon Holdings of 4.5% and 3.1%, respectively. In contrast, the industry has lost 38% in the last 12 months. As for the next few years, earnings are expected to grow by 36% 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$55.2bHK$24.2bHK$1.0b20.7x53.9x2.3x
Wed, 14 Feb 2024HK$52.6bHK$24.6bHK$1.3b17.9x40.9x2.1x
Fri, 12 Jan 2024HK$67.2bHK$25.4bHK$904.1m19.2x74.3x2.6x
Sun, 10 Dec 2023HK$62.9bHK$24.7bHK$1.3b19.1x48.8x2.6x
Tue, 07 Nov 2023HK$64.3bHK$24.8bHK$1.3b18.8x48.4x2.6x
Thu, 05 Oct 2023HK$65.5bHK$24.8bHK$1.3b24.4x49.5x2.6x
Sat, 02 Sep 2023HK$64.0bHK$25.3bHK$1.7b23.5x37.3x2.5x
Mon, 31 Jul 2023HK$73.3bHK$26.3bHK$1.3b17.5x58.5x2.8x
Wed, 28 Jun 2023HK$63.9bHK$20.8bHK$409.9m21.2x155.9x3.1x
Fri, 26 May 2023HK$64.5bHK$21.2bHK$405.3m19.8x159.1x3x
Sun, 23 Apr 2023HK$71.0bHK$21.8bHK$446.6m20.5x159x3.3x
Tue, 21 Mar 2023HK$74.0bHK$19.2bHK$1.2b16.4x62x3.9x
Thu, 16 Feb 2023HK$76.1bHK$18.4bHK$488.2m16.4x155.9x4.1x
Sat, 14 Jan 2023HK$77.4bHK$18.6bHK$488.7m17.8x158.4x4.2x
Mon, 12 Dec 2022HK$69.8bHK$18.0bHK$455.7m19.2x153.3x3.9x
Wed, 09 Nov 2022HK$57.4bHK$17.4b-HK$112,594,415.0017.2x-509.9x3.3x
Fri, 07 Oct 2022HK$52.5bHK$17.5b-HK$118,284,850.0016.8x-444.1x3x
Sun, 04 Sep 2022HK$61.6bHK$17.6b-HK$207,954,923.0018.4x-296.2x3.5x
Tue, 02 Aug 2022HK$71.1bHK$16.3b-HK$5,615,010,025.0026.3x-12.7x4.4x
Thu, 30 Jun 2022HK$73.8bHK$16.0b-HK$5,694,554,442.0027.7x-13x4.6x
Sat, 28 May 2022HK$48.3bHK$13.8b-HK$4,946,786,668.0025.7x-9.8x3.5x
Mon, 25 Apr 2022HK$44.1bHK$11.8b-HK$5,608,753,134.0039.7x-7.9x3.7x
Wed, 23 Mar 2022HK$76.5bHK$30.0b-HK$3,508,048,536.0020.7x-21.8x2.6x
Fri, 18 Feb 2022HK$92.4bHK$30.2b-HK$3,777,686,322.0026.5x-24.5x3.1x
Sun, 16 Jan 2022HK$93.8bHK$30.1b-HK$3,761,482,407.0026.9x-24.9x3.1x
Tue, 14 Dec 2021HK$104.2bHK$30.1b-HK$3,757,989,917.0030.2x-27.7x3.5x
Thu, 11 Nov 2021HK$111.6bHK$30.3b-HK$3,671,422,550.0030x-30.4x3.7x
Sat, 09 Oct 2021HK$141.5bHK$30.1b-HK$3,631,715,302.0032.3x-39x4.7x
Mon, 06 Sep 2021HK$157.8bHK$29.8b-HK$3,817,522,240.8137.3x-41.3x5.3x
Wed, 04 Aug 2021HK$195.2bHK$29.8b-HK$3,817,522,240.8135.9x-51.1x6.5x
Sat, 08 May 2021HK$216.9bHK$27.4b-HK$2,429,970,754.3137x-89.3x7.9x
Price to Earnings Ratio

-86.8x


Total Market Cap: HK$210.9bTotal Earnings: -HK$2,429,970,754.31Total Revenue: HK$27.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Healthcare Services Industry Price to Earnings3Y Average -20.2x202220232024
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 53.9x which is higher than its 3-year average PE of -20.3x.
  • The 3-year average PS ratio of 4.3x is higher than the industry's current PS ratio of 2.3x.
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 4.1% 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 Market1.55%
Healthcare4.12%
Healthcare Services2.81%
Healthcare Services1.29%
Healthcare Facilities12.11%
Healthcare Distributors0.091%
Managed Healthcare0%
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?

CompanyLast Price7D1YValuation
9860 Adicon HoldingsHK$11.384.0%
+HK$320.0m
n/aPE18.5x
1951 Jinxin Fertility GroupHK$2.603.2%
+HK$217.7m
-49.8%PE42.1x
6639 Arrail GroupHK$5.429.7%
+HK$216.7m
-61.3%PS1.4x
1406 Clarity Medical Group HoldingHK$0.5630.2%
+HK$68.7m
-40.4%PS1.4x
3886 Town Health International Medical GroupHK$0.291.7%
+HK$33.9m
-11.9%PE32.4x
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Latest News

1846

HK$4.65

EuroEyes International Eye Clinic

7D

-2.1%

1Y

-17.8%

2273

HK$43.95

Gushengtang Holdings

7D

-1.9%

1Y

-19.1%

1947

HK$0.36

Meihao Medical Group

7D

-5.2%

1Y

-25.5%

6667

HK$8.60

Mega Genomics

7D

-2.2%

1Y

-21.8%

3869

HK$6.40

Hospital Corporation of China

7D

-1.5%

1Y

-19.8%

1406

HK$0.56

Clarity Medical Group Holding

7D

30.2%

1Y

-40.4%

3886

HK$0.29

Town Health International Medical Group

7D

1.7%

1Y

-11.9%

2325

HK$11.16

Yunkang Group

7D

-3.0%

1Y

-20.9%

1951

HK$2.60

Jinxin Fertility Group

7D

3.2%

1Y

-49.8%

8037

HK$0.40

China Biotech Services Holdings

7D

-4.8%

1Y

-61.9%

6639

HK$5.42

Arrail Group

7D

9.7%

1Y

-61.3%

1419

HK$1.02

Human Health Holdings

7D

1.0%

1Y

-48.5%

2389

HK$0.063

Beijing Health (Holdings)

7D

1.6%

1Y

-26.7%

9860

HK$11.38

Adicon Holdings

7D

4.0%

1Y

n/a