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Hong Kong (HSI) Medical Equipment Industry Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies25
  • 7D3.6%
  • 3M-21.3%
  • 1Y-47.7%
  • YTDn/a

Over the last 7 days, the Medical Equipment industry has risen 3.6%, driven by gains from Angelalign Technology of 17%. In the same time, Cryofocus Medtech (Shanghai) was down 17%. In the past year, the industry is down 48%. Earnings are forecast to grow by 38% annually.

Industry Valuation and Performance

Has the Hong Kong Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024HK$114.0bHK$24.7b-HK$5,475,112,694.3525.5x-20.8x4.6x
Fri, 26 Jan 2024HK$115.0bHK$25.4b-HK$6,731,801,441.0024.2x-17.1x4.5x
Sun, 24 Dec 2023HK$133.2bHK$25.4b-HK$6,732,107,998.0027.5x-19.8x5.2x
Tue, 21 Nov 2023HK$152.6bHK$25.3b-HK$6,693,294,172.0029.5x-22.8x6x
Thu, 19 Oct 2023HK$141.8bHK$25.1b-HK$6,645,730,176.0029.3x-21.3x5.6x
Sat, 16 Sep 2023HK$150.2bHK$25.2b-HK$6,667,224,221.0029x-22.5x6x
Mon, 14 Aug 2023HK$158.7bHK$23.2b-HK$8,189,836,864.0027.4x-19.4x6.8x
Wed, 12 Jul 2023HK$166.6bHK$23.3b-HK$8,242,675,180.0027.4x-20.2x7.1x
Fri, 09 Jun 2023HK$164.4bHK$23.4b-HK$8,302,735,568.0027.4x-19.8x7x
Sun, 07 May 2023HK$194.9bHK$23.8b-HK$8,477,994,632.0027.4x-23x8.2x
Tue, 04 Apr 2023HK$202.3bHK$23.7b-HK$7,836,895,324.0031.2x-25.8x8.5x
Thu, 02 Mar 2023HK$213.2bHK$20.5b-HK$6,291,734,867.0027.4x-33.9x10.4x
Sat, 28 Jan 2023HK$220.6bHK$20.5b-HK$6,298,806,024.0027.4x-35x10.7x
Mon, 26 Dec 2022HK$187.1bHK$20.2b-HK$6,102,829,347.0027.4x-30.7x9.2x
Wed, 23 Nov 2022HK$169.7bHK$20.1b-HK$6,051,059,976.0027.4x-28x8.5x
Fri, 21 Oct 2022HK$163.9bHK$19.9b-HK$6,122,342,162.0026.4x-26.8x8.2x
Sun, 18 Sep 2022HK$156.3bHK$19.9b-HK$6,040,897,739.0024.9x-25.9x7.8x
Tue, 16 Aug 2022HK$181.9bHK$19.1b-HK$4,251,024,478.0017.1x-42.8x9.5x
Thu, 14 Jul 2022HK$185.6bHK$19.1b-HK$4,356,806,284.0017.1x-42.6x9.7x
Sat, 11 Jun 2022HK$165.3bHK$19.1b-HK$4,360,983,288.0015.6x-37.9x8.7x
Mon, 09 May 2022HK$132.8bHK$19.1b-HK$4,365,468,089.0011.6x-30.4x6.9x
Wed, 06 Apr 2022HK$162.6bHK$19.4b-HK$4,411,187,288.0013.5x-36.9x8.4x
Fri, 04 Mar 2022HK$200.6bHK$17.5b-HK$1,056,925,393.0014.5x-189.8x11.5x
Sun, 30 Jan 2022HK$201.7bHK$17.3b-HK$1,039,493,480.0015x-194.1x11.6x
Tue, 28 Dec 2021HK$248.1bHK$17.3b-HK$414,555,554.0018.9x-598.4x14.3x
Thu, 25 Nov 2021HK$298.3bHK$17.3b-HK$343,194,397.0020.4x-869.1x17.2x
Sat, 23 Oct 2021HK$249.4bHK$17.2bHK$215.7m24.9x1155.9x14.5x
Mon, 20 Sep 2021HK$261.8bHK$17.1bHK$203.5m25x1286.4x15.3x
Wed, 18 Aug 2021HK$281.8bHK$17.1bHK$554.0m27.2x508.5x16.5x
Wed, 02 Jun 2021HK$279.1bHK$14.6b-HK$987,548,883.6426.3x-282.6x19.1x
Sat, 06 Mar 2021HK$171.4bHK$13.4b-HK$2,011,196,383.2919.9x-85.2x12.8x
Price to Earnings Ratio

-85.2x


Total Market Cap: HK$171.4bTotal Earnings: -HK$2,011,196,383.29Total Revenue: HK$13.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Medical Equipment Industry Price to Earnings3Y Average 21.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Hong Kong Healthcare Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 10.3x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 23% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Comparison

How does Hong Kong Medical Equipment compare with similar industries?

HK Market3.06%
Healthcare4.58%
Medical Equipment3.33%
Medical Equipment3.60%
Medical Supplies2.70%
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
2291 LEPU ScienTech Medical Technology (Shanghai)HK$28.0513.6%
+HK$1.2b
-7.4%PE279.3x
6699 Angelalign TechnologyHK$64.658.7%
+HK$870.8m
-43.0%PE58.5x
1302 LifeTech ScientificHK$2.003.6%
+HK$324.1m
-33.6%PE25.8x
2235 MicroTech Medical (Hangzhou)HK$4.189.7%
+HK$155.5m
-45.5%PS7.6x
2185 Shanghai Bio-heart Biological TechnologyHK$2.9616.1%
+HK$99.8m
-46.9%PB0.8x
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Latest News

6699

HK$64.65

Angelalign Technology

7D

8.7%

1Y

-43.0%

2190

HK$9.74

Zylox-Tonbridge Medical Technology

7D

-2.6%

1Y

-34.2%

9877

HK$11.94

Jenscare Scientific

7D

-9.1%

1Y

-71.6%

2407

HK$29.90

Gaush Meditech

7D

-9.4%

1Y

-38.9%

6669

HK$8.75

Acotec Scientific Holdings

7D

-3.2%

1Y

-45.3%

2297

HK$0.20

Rainmed Medical

7D

-25.0%

1Y

-81.3%

2235

HK$4.18

MicroTech Medical (Hangzhou)

7D

9.7%

1Y

-45.5%