Risks Still Elevated At These Prices As Yidu Tech Inc. (HKG:2158) Shares Dive 28%
Jan 12
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Healthtech Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies7
- 7D-0.3%
- 3M2.9%
- 1Y0.2%
- YTD-10.1%
Over the last 7 days, the Healthtech industry has remained flat, although notably BrainAurora Medical Technology gained 26%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 37% 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, 21 Jan 2025 | HK$24.7b | HK$3.5b | -HK$218,994,459.99 | 16x | -112.6x | 7.1x |
| Thu, 19 Dec 2024 | HK$17.6b | HK$2.9b | -HK$30,725,753.31 | 18.6x | -572.2x | 6.1x |
| Sat, 16 Nov 2024 | HK$15.9b | HK$2.9b | -HK$65,841,318.31 | 17.9x | -242x | 5.4x |
| Mon, 14 Oct 2024 | HK$19.3b | HK$3.6b | -HK$462,006,553.25 | 17.4x | -41.9x | 5.3x |
| Wed, 11 Sep 2024 | HK$12.8b | HK$3.0b | -HK$66,951,209.61 | 17.3x | -191.3x | 4.3x |
| Fri, 09 Aug 2024 | HK$14.6b | HK$2.9b | -HK$89,904,507.70 | 21.3x | -162.1x | 5x |
| Sun, 07 Jul 2024 | HK$14.3b | HK$2.9b | -HK$88,954,629.57 | 17.5x | -160.8x | 4.9x |
| Tue, 04 Jun 2024 | HK$15.5b | HK$2.8b | -HK$256,893,193.02 | 20.9x | -60.4x | 5.6x |
| Thu, 02 May 2024 | HK$16.5b | HK$2.8b | -HK$257,090,949.52 | 23.1x | -64.3x | 5.9x |
| Sat, 30 Mar 2024 | HK$15.4b | HK$2.2b | -HK$92,826,122.55 | 21.7x | -165.5x | 7x |
| Mon, 26 Feb 2024 | HK$15.2b | HK$2.1b | -HK$173,395,640.01 | 26.3x | -87.5x | 7.2x |
| Wed, 24 Jan 2024 | HK$14.0b | HK$2.1b | -HK$173,962,782.00 | 23.2x | -80.2x | 6.6x |
| Fri, 22 Dec 2023 | HK$15.6b | HK$2.1b | -HK$174,336,433.00 | 25.6x | -89.3x | 7.3x |
| Sun, 19 Nov 2023 | HK$16.6b | HK$2.2b | -HK$472,758,433.00 | 30.3x | -35.2x | 7.4x |
| Tue, 17 Oct 2023 | HK$16.3b | HK$2.2b | -HK$468,282,371.00 | 30.1x | -34.7x | 7.4x |
| Thu, 14 Sep 2023 | HK$15.0b | HK$2.2b | -HK$470,641,644.00 | 25.9x | -31.9x | 6.8x |
| Sat, 12 Aug 2023 | HK$12.6b | HK$1.7b | -HK$686,215,871.00 | 36.5x | -18.3x | 7.3x |
| Mon, 10 Jul 2023 | HK$13.6b | HK$1.7b | -HK$687,937,818.00 | 35.7x | -19.7x | 7.9x |
| Wed, 07 Jun 2023 | HK$14.2b | HK$2.2b | -HK$751,214,232.00 | 37x | -18.9x | 6.4x |
| Fri, 05 May 2023 | HK$15.5b | HK$2.3b | -HK$774,611,570.00 | 39.3x | -20x | 6.8x |
| Sun, 02 Apr 2023 | HK$18.9b | HK$2.3b | -HK$779,544,830.00 | 44.9x | -24.3x | 8.3x |
| Tue, 28 Feb 2023 | HK$21.4b | HK$2.5b | -HK$955,915,253.00 | 78.2x | -22.4x | 8.5x |
| Thu, 26 Jan 2023 | HK$19.5b | HK$2.6b | -HK$975,115,304.00 | 80.1x | -20x | 7.6x |
| Sat, 24 Dec 2022 | HK$18.6b | HK$2.5b | -HK$946,213,766.00 | 74.4x | -19.7x | 7.5x |
| Mon, 21 Nov 2022 | HK$18.3b | HK$2.5b | -HK$1,028,342,528.00 | 74.7x | -17.8x | 7.4x |
| Wed, 19 Oct 2022 | HK$15.1b | HK$2.5b | -HK$1,022,039,357.00 | 62.3x | -14.8x | 6.1x |
| Fri, 16 Sep 2022 | HK$18.5b | HK$2.5b | -HK$1,045,631,880.00 | 77.4x | -17.7x | 7.3x |
| Sun, 14 Aug 2022 | HK$21.4b | HK$2.2b | -HK$1,088,246,063.00 | 185.5x | -19.7x | 9.7x |
| Tue, 12 Jul 2022 | HK$22.3b | HK$2.2b | -HK$1,097,055,506.00 | 173.9x | -20.3x | 10x |
| Thu, 09 Jun 2022 | HK$18.4b | HK$2.0b | -HK$3,680,261,980.00 | 132.7x | -5x | 9.1x |
| Sat, 07 May 2022 | HK$18.1b | HK$2.0b | -HK$3,681,531,706.00 | 131.3x | -4.9x | 8.9x |
| Mon, 04 Apr 2022 | HK$20.0b | HK$2.1b | -HK$3,839,416,244.00 | 112x | -5.2x | 9.5x |
| Wed, 02 Mar 2022 | HK$100.6b | HK$24.0b | -HK$3,870,119,042.00 | 101.1x | -26x | 4.2x |
| Fri, 28 Jan 2022 | HK$112.8b | HK$23.8b | -HK$3,848,643,662.00 | 115.2x | -29.3x | 4.7x |
Price to Earnings Ratio
-29.3x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Healthcare Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 6.9x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have improved over the last three years.
- Meanwhile revenues for these companies have declined 47% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.
Industry Trends
Which industries have driven the changes within the Hong Kong Healthcare industry?
| HK Market | 3.38% | |
| Healthcare | 2.49% | |
| Healthtech | -0.30% | |
| Healthtech | -0.30% | |
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 | |
|---|---|---|---|---|---|
| 6681 BrainAurora Medical Technology | HK$4.54 | 26.5% +HK$1.2b | n/a | PS56.8x | |
| 2158 Yidu Tech | HK$4.38 | 1.4% +HK$63.1m | 15.9% | PS5.5x | |
| 2192 Medlive Technology | HK$8.63 | 0.9% +HK$58.6m | 35.7% | PE20.4x | |
| 2415 MedSci Healthcare Holdings | HK$0.79 | 1.3% +HK$5.4m | -74.1% | PE9.1x | |
| 2251 Beijing Airdoc Technology | HK$10.72 | 0.2% +HK$2.0m | -6.1% | PS4.8x |
