Medlive Technology (HKG:2192) Shareholders Should Be Cautious Despite Solid Earnings
Apr 21
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Hong Kong (HSI) Healthtech Industry Analysis
UpdatedApr 22, 2025
DataAggregated Company Financials
Companies7
- 7D-2.9%
- 3M24.3%
- 1Y15.0%
- YTD11.5%
Over the last 7 days, the Healthtech industry has dropped 3.4%, driven by a pullback from Xunfei Healthcare Technology of 4.9%. Over the past 12 months, the industry was up 18%. As for the next few years, earnings are expected to grow by 61% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 23 Apr 2025 | HK$30.6b | HK$3.6b | -HK$194,809,456.17 | 20.1x | -157.3x | 8.5x |
| Fri, 21 Mar 2025 | HK$39.5b | HK$3.5b | -HK$220,798,632.73 | 14.2x | -178.8x | 11.2x |
| Sun, 16 Feb 2025 | HK$35.8b | HK$3.5b | -HK$220,779,843.97 | 13.6x | -162.3x | 10.2x |
| Tue, 14 Jan 2025 | HK$24.7b | HK$3.5b | -HK$218,552,577.16 | 17.9x | -113.2x | 7.1x |
| Thu, 12 Dec 2024 | HK$17.9b | HK$2.9b | -HK$30,810,001.89 | 18.5x | -580.5x | 6.2x |
| Sat, 09 Nov 2024 | HK$15.2b | HK$3.0b | -HK$66,338,859.02 | 17.9x | -228.7x | 5.1x |
| Mon, 07 Oct 2024 | HK$15.9b | HK$3.0b | -HK$67,289,531.83 | 18x | -237x | 5.3x |
| Wed, 04 Sep 2024 | HK$13.7b | HK$3.0b | -HK$54,162,726.11 | 18.2x | -253.8x | 4.5x |
| Fri, 02 Aug 2024 | HK$14.4b | HK$2.9b | -HK$89,244,093.33 | 19x | -161.1x | 4.9x |
| Sun, 30 Jun 2024 | HK$14.9b | HK$2.9b | -HK$88,921,435.60 | 19x | -167.7x | 5.1x |
| Tue, 28 May 2024 | HK$15.9b | HK$2.8b | -HK$256,586,928.41 | 21.3x | -62.2x | 5.7x |
| Thu, 25 Apr 2024 | HK$15.9b | HK$2.8b | -HK$257,295,916.56 | 22.4x | -61.6x | 5.7x |
| Sat, 23 Mar 2024 | HK$15.3b | HK$2.1b | -HK$172,516,699.69 | 26.6x | -88.6x | 7.3x |
| Mon, 19 Feb 2024 | HK$14.2b | HK$2.1b | -HK$173,425,141.54 | 23.1x | -81.8x | 6.7x |
| Wed, 17 Jan 2024 | HK$15.1b | HK$2.1b | -HK$173,492,017.00 | 25.3x | -86.8x | 7.1x |
| Fri, 15 Dec 2023 | HK$17.1b | HK$2.1b | -HK$174,516,370.00 | 29.5x | -97.9x | 8x |
| Sun, 12 Nov 2023 | HK$16.1b | HK$2.2b | -HK$468,446,273.00 | 29.8x | -34.3x | 7.3x |
| Tue, 10 Oct 2023 | HK$16.6b | HK$2.2b | -HK$469,597,123.00 | 30x | -35.3x | 7.5x |
| Thu, 07 Sep 2023 | HK$15.4b | HK$2.2b | -HK$469,496,991.00 | 26x | -32.7x | 6.9x |
| Sat, 05 Aug 2023 | HK$14.0b | HK$1.7b | -HK$690,150,237.00 | 38.5x | -20.2x | 8.1x |
| Mon, 03 Jul 2023 | HK$27.1b | HK$17.1b | -HK$2,293,424,435.00 | 37.1x | -11.8x | 1.6x |
| Wed, 31 May 2023 | HK$13.3b | HK$2.2b | -HK$754,796,324.00 | 35.3x | -17.7x | 6x |
| Fri, 28 Apr 2023 | HK$16.2b | HK$2.3b | -HK$773,283,344.00 | 41.4x | -20.9x | 7.2x |
| Sun, 26 Mar 2023 | HK$21.4b | HK$2.3b | -HK$767,673,745.00 | 46.8x | -27.9x | 9.5x |
| Tue, 21 Feb 2023 | HK$22.4b | HK$2.5b | -HK$965,417,822.00 | 80.3x | -23.2x | 8.9x |
| Thu, 19 Jan 2023 | HK$19.8b | HK$2.6b | -HK$977,894,339.00 | 82.2x | -20.3x | 7.7x |
| Sat, 17 Dec 2022 | HK$19.9b | HK$2.5b | -HK$945,508,897.00 | 86.1x | -21x | 8x |
| Mon, 14 Nov 2022 | HK$16.6b | HK$2.5b | -HK$1,031,716,479.00 | 69.7x | -16.1x | 6.7x |
| Wed, 12 Oct 2022 | HK$15.4b | HK$2.5b | -HK$1,027,165,913.00 | 68.9x | -15x | 6.2x |
| Fri, 09 Sep 2022 | HK$19.3b | HK$2.5b | -HK$1,045,238,354.00 | 83.3x | -18.5x | 7.6x |
| Sun, 07 Aug 2022 | HK$20.0b | HK$2.2b | -HK$1,086,999,850.00 | 163x | -18.4x | 9.1x |
| Tue, 05 Jul 2022 | HK$21.9b | HK$2.2b | -HK$1,095,649,106.00 | 175.6x | -20x | 9.9x |
| Thu, 02 Jun 2022 | HK$18.1b | HK$2.0b | -HK$3,671,140,688.00 | 128.4x | -4.9x | 8.9x |
| Sat, 30 Apr 2022 | HK$19.4b | HK$2.0b | -HK$3,695,369,255.00 | 138x | -5.2x | 9.5x |
Price to Earnings Ratio
-5.2x
Current Industry PE
- Investors are optimistic on the Hong Kong Healthcare Services industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 7.2x is lower than the industry's current PS ratio of 8.5x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have improved over the last three years.
- Revenues for these companies have grown 21% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Healthcare industry?
| HK Market | -0.34% | |
| Healthcare | -2.96% | |
| Healthtech | -2.91% | |
| Healthtech | -2.91% | |
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 | |
|---|---|---|---|---|---|
| 2192 Medlive Technology | HK$12.38 | 7.3% +HK$615.6m | 57.3% | PE27.1x | |
| 2506 Xunfei Healthcare Technology | HK$109.00 | 1.2% +HK$157.1m | n/a | PS16.9x | |
| 2251 Beijing Airdoc Technology | HK$11.36 | 3.5% +HK$39.2m | -23.6% | PS7.1x | |
| 9686 Xikang Cloud Hospital Holdings | HK$0.83 | 2.5% +HK$16.8m | 3.8% | PS1.3x | |
| 2361 Sinohealth Holdings | HK$3.29 | 1.2% +HK$16.4m | -39.1% | PE11.5x |
