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Aug 16
Hong Kong (HSI) Healthtech Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies5
- 7D2.5%
- 3M-23.5%
- 1Y-19.5%
- YTD-27.8%
The Healthtech industry is up 4.3% in the last week, with MedSci Healthcare Holdings up 21%. In the same time, Sinohealth Holdings was down 5.1%. In contrast, the industry has lost 16% in the last 12 months. Earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Hong Kong Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | HK$15.7b | HK$2.2b | -HK$467,602,461.00 | 26.2x | -33.5x | 7.1x |
| Thu, 24 Aug 2023 | HK$12.0b | HK$1.7b | -HK$682,673,039.00 | 37.5x | -17.5x | 7x |
| Sat, 22 Jul 2023 | HK$13.8b | HK$1.7b | -HK$691,274,848.00 | 36.7x | -20x | 8x |
| Mon, 19 Jun 2023 | HK$14.9b | HK$2.2b | -HK$748,480,672.00 | 37.4x | -19.9x | 6.8x |
| Wed, 17 May 2023 | HK$14.8b | HK$2.2b | -HK$767,578,197.00 | 37.6x | -19.2x | 6.6x |
| Fri, 14 Apr 2023 | HK$19.3b | HK$2.3b | -HK$778,491,600.00 | 44.7x | -24.9x | 8.5x |
| Sun, 12 Mar 2023 | HK$18.9b | HK$2.2b | -HK$870,285,277.00 | 85.9x | -21.7x | 8.6x |
| Tue, 07 Feb 2023 | HK$20.9b | HK$2.6b | -HK$977,220,995.00 | 83.5x | -21.4x | 8.2x |
| Thu, 05 Jan 2023 | HK$19.1b | HK$2.5b | -HK$961,089,130.00 | 74.2x | -19.9x | 7.6x |
| Sat, 03 Dec 2022 | HK$18.1b | HK$2.5b | -HK$936,248,443.00 | 76.2x | -19.3x | 7.4x |
| Mon, 31 Oct 2022 | HK$13.4b | HK$2.4b | -HK$1,014,574,037.00 | 53.2x | -13.2x | 5.5x |
| Wed, 28 Sep 2022 | HK$17.7b | HK$2.5b | -HK$1,021,656,692.00 | 78x | -17.4x | 7.2x |
| Fri, 26 Aug 2022 | HK$23.0b | HK$2.6b | -HK$982,074,607.00 | 110.2x | -23.4x | 9x |
| Sun, 24 Jul 2022 | HK$20.2b | HK$2.2b | -HK$1,088,321,664.00 | 156.4x | -18.6x | 9.2x |
| Tue, 21 Jun 2022 | HK$19.1b | HK$2.0b | -HK$3,648,775,285.00 | 146.6x | -5.2x | 9.5x |
| Thu, 19 May 2022 | HK$18.9b | HK$2.0b | -HK$3,637,503,771.00 | 141x | -5.2x | 9.4x |
| Sat, 16 Apr 2022 | HK$20.2b | HK$2.1b | -HK$3,834,915,237.00 | 124.2x | -5.3x | 9.6x |
| Mon, 14 Mar 2022 | HK$78.5b | HK$23.9b | -HK$3,918,767,415.00 | 73.2x | -20x | 3.3x |
| Wed, 09 Feb 2022 | HK$108.6b | HK$23.7b | -HK$3,829,295,812.00 | 118.8x | -28.4x | 4.6x |
| Fri, 07 Jan 2022 | HK$120.3b | HK$23.7b | -HK$3,827,429,907.00 | n/a | -31.4x | 5.1x |
| Sun, 05 Dec 2021 | HK$148.7b | HK$23.6b | -HK$3,744,394,602.00 | 323.6x | -39.7x | 6.3x |
| Tue, 02 Nov 2021 | HK$178.4b | HK$20.5b | -HK$4,007,591,535.00 | 315.6x | -44.5x | 8.7x |
| Thu, 30 Sep 2021 | HK$203.4b | HK$20.3b | -HK$3,970,809,822.00 | 329x | -51.2x | 10x |
| Sat, 28 Aug 2021 | HK$210.4b | HK$20.0b | -HK$3,909,505,616.11 | 315.3x | -53.8x | 10.5x |
| Sun, 04 Jul 2021 | HK$273.9b | HK$19.7b | -HK$3,994,084,908.29 | 561.1x | -68.6x | 13.9x |
| Wed, 07 Apr 2021 | HK$332.3b | HK$19.7b | -HK$3,994,084,908.29 | 716.9x | -83.2x | 16.8x |
| Sat, 09 Jan 2021 | HK$310.8b | HK$17.0b | HK$354.8m | 827.6x | 875.8x | 18.3x |
| Fri, 02 Oct 2020 | HK$256.5b | HK$14.7b | HK$314.7m | 800.1x | 815.3x | 17.4x |
Price to Earnings Ratio
815.3x
Current Industry PE
- Investors are pessimistic on the Hong Kong Healthcare Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 10.6x is higher than the industry's current PS ratio of 7.2x.
Past Earnings Growth
- Total earnings for the Healthcare Services industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 47% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Hong Kong Healthcare industry?
| HK Market | -0.80% | |
| Healthcare | -1.46% | |
| Healthtech | 2.46% | |
| Healthtech | 2.46% | |
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 | |
|---|---|---|---|---|---|
| 2415 MedSci Healthcare Holdings | HK$5.93 | 8.6% +HK$254.3m | n/a | PE155.9x | |
| 2251 Beijing Airdoc Technology | HK$11.26 | 6.2% +HK$68.4m | -6.2% | PS6.9x |