There's Been No Shortage Of Growth Recently For Zylox-Tonbridge Medical Technology's (HKG:2190) Returns On Capital
Jan 20
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Hong Kong (HSI) Medical Equipment Industry Analysis
UpdatedJan 20, 2026
DataAggregated Company Financials
Companies27
- 7D0.7%
- 3M-4.0%
- 1Y73.6%
- YTDn/a
The Medical Equipment industry is up 4.8% in the last week, with Shenzhen Edge Medical up 5.8%. Meanwhile, MicroPort CardioFlow Medtech actually underperformed within the industry, shrinking 9.2% in the last week. In the last 12 months, the industry was up 79%. As for the next few years, earnings are expected to grow by 64% per annum.
Industry Valuation and Performance
Has the Hong Kong Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 20 Jan 2026 | HK$173.4b | HK$30.8b | -HK$908,525,811.50 | 20.3x | -190.9x | 5.6x |
| Thu, 18 Dec 2025 | HK$127.3b | HK$30.2b | -HK$706,664,675.90 | 19.8x | -180.2x | 4.2x |
| Sat, 15 Nov 2025 | HK$142.3b | HK$30.1b | -HK$703,714,726.68 | 23.3x | -202.3x | 4.7x |
| Mon, 13 Oct 2025 | HK$154.6b | HK$29.9b | -HK$807,459,447.14 | 27x | -191.4x | 5.2x |
| Wed, 10 Sep 2025 | HK$158.2b | HK$30.0b | -HK$808,943,885.99 | 29.5x | -195.5x | 5.3x |
| Fri, 08 Aug 2025 | HK$149.4b | HK$28.8b | -HK$1,768,205,961.06 | 32.2x | -84.5x | 5.2x |
| Sun, 06 Jul 2025 | HK$117.9b | HK$28.9b | -HK$1,769,650,838.95 | 25.9x | -66.6x | 4.1x |
| Tue, 03 Jun 2025 | HK$106.1b | HK$28.8b | -HK$1,764,361,660.61 | 21.4x | -60.1x | 3.7x |
| Thu, 01 May 2025 | HK$106.0b | HK$28.4b | -HK$1,735,996,876.49 | 22.4x | -61.1x | 3.7x |
| Sat, 29 Mar 2025 | HK$105.5b | HK$28.2b | -HK$3,308,291,394.76 | 23.8x | -31.9x | 3.7x |
| Mon, 24 Feb 2025 | HK$104.6b | HK$26.8b | -HK$3,551,992,030.04 | 26.9x | -29.5x | 3.9x |
| Wed, 22 Jan 2025 | HK$81.7b | HK$26.8b | -HK$3,556,822,985.51 | 21.8x | -23x | 3.1x |
| Fri, 20 Dec 2024 | HK$85.5b | HK$26.7b | -HK$3,547,402,369.25 | 23.7x | -24.1x | 3.2x |
| Sun, 17 Nov 2024 | HK$84.6b | HK$26.9b | -HK$3,563,557,161.88 | 23.3x | -23.7x | 3.1x |
| Tue, 15 Oct 2024 | HK$92.2b | HK$27.2b | -HK$3,495,205,415.58 | 25x | -26.4x | 3.4x |
| Thu, 12 Sep 2024 | HK$71.3b | HK$27.1b | -HK$3,574,777,591.39 | 19.2x | -20x | 2.6x |
| Sat, 10 Aug 2024 | HK$77.0b | HK$25.7b | -HK$4,892,124,603.45 | 17.3x | -15.7x | 3x |
| Mon, 08 Jul 2024 | HK$82.7b | HK$25.6b | -HK$4,880,153,951.82 | 17.7x | -16.9x | 3.2x |
| Wed, 05 Jun 2024 | HK$92.6b | HK$25.7b | -HK$4,887,694,184.19 | 20.1x | -18.9x | 3.6x |
| Fri, 03 May 2024 | HK$108.2b | HK$25.7b | -HK$4,887,479,550.07 | 22.9x | -22.1x | 4.2x |
| Sun, 31 Mar 2024 | HK$101.3b | HK$25.7b | -HK$4,898,720,943.26 | 21.7x | -20.7x | 3.9x |
| Tue, 27 Feb 2024 | HK$110.6b | HK$24.7b | -HK$5,474,331,564.47 | 24.3x | -20.2x | 4.5x |
| Thu, 25 Jan 2024 | HK$113.5b | HK$25.5b | -HK$6,766,947,056.00 | 22.8x | -16.8x | 4.4x |
| Sat, 23 Dec 2023 | HK$133.3b | HK$25.5b | -HK$6,737,585,397.00 | 27.5x | -19.8x | 5.2x |
| Mon, 20 Nov 2023 | HK$152.9b | HK$25.3b | -HK$6,674,402,958.00 | 29.5x | -22.9x | 6x |
| Wed, 18 Oct 2023 | HK$148.0b | HK$25.1b | -HK$6,648,825,032.00 | 29.2x | -22.3x | 5.9x |
| Fri, 15 Sep 2023 | HK$150.2b | HK$25.2b | -HK$6,667,224,221.00 | 29x | -22.5x | 6x |
| Sun, 13 Aug 2023 | HK$158.7b | HK$23.2b | -HK$8,206,317,331.00 | 27.4x | -19.3x | 6.8x |
| Tue, 11 Jul 2023 | HK$165.2b | HK$23.3b | -HK$8,216,303,083.00 | 27.4x | -20.1x | 7.1x |
| Thu, 08 Jun 2023 | HK$168.2b | HK$23.5b | -HK$8,318,815,463.00 | 27.4x | -20.2x | 7.2x |
| Sat, 06 May 2023 | HK$194.9b | HK$23.8b | -HK$8,477,862,896.00 | 27.4x | -23x | 8.2x |
| Mon, 03 Apr 2023 | HK$205.9b | HK$23.8b | -HK$7,850,481,331.00 | 31x | -26.2x | 8.7x |
| Wed, 01 Mar 2023 | HK$206.2b | HK$20.4b | -HK$6,268,462,239.00 | 27.4x | -32.9x | 10.1x |
| Fri, 27 Jan 2023 | HK$223.7b | HK$20.6b | -HK$6,300,582,531.00 | 27.4x | -35.5x | 10.9x |
Price to Earnings Ratio
-35.5x
Current Industry PE
- Investors are optimistic on the Hong Kong Healthcare Equipment industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 5.0x is lower than the industry's current PS ratio of 5.8x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have improved over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Hong Kong Medical Equipment compare with similar industries?
| HK Market | -0.032% | |
| Healthcare | -1.60% | |
| Medical Equipment | 1.61% | |
| Medical Equipment | 0.69% | |
| Medical Supplies | 3.89% | |
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 | |
|---|---|---|---|---|---|
| 6699 Angelalign Technology | HK$70.15 | 5.0% +HK$572.1m | 32.9% | PE65.1x | |
| 1302 LifeTech Scientific | HK$1.72 | 4.9% +HK$370.5m | 30.3% | PE98.9x | |
| 2500 Venus Medtech (Hangzhou) | HK$3.38 | 15.4% +HK$197.1m | n/a | PS3.1x | |
| 2252 Shanghai MicroPort MedBot (Group) | HK$26.36 | 0.5% +HK$144.4m | 162.5% | PS72.7x | |
| 853 MicroPort Scientific | HK$11.82 | 0.5% +HK$114.8m | 108.1% | PS2.8x |
