Health Check: How Prudently Does Angelalign Technology (HKG:6699) Use Debt?
May 13
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Medical Equipment Industry Analysis
UpdatedMay 15, 2025
DataAggregated Company Financials
Companies39
- 7D-1.2%
- 3M10.5%
- 1Y3.2%
- YTD22.6%
Over the last 7 days, the Medical Equipment industry has dropped 1.2%, driven by a pullback from Shanghai MicroPort MedBot (Group) of 12%. In contrast, Angelalign Technology has gained 6.0%. This takes the industry's 12 month performance to a gain of 3.2%. Looking forward, earnings are forecast to grow by 42% annually.
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 |
|---|---|---|---|---|---|---|
| Thu, 15 May 2025 | HK$166.3b | HK$61.5b | HK$3.2b | 21.5x | 52.1x | 2.7x |
| Sat, 12 Apr 2025 | HK$155.5b | HK$60.6b | HK$3.1b | 20.3x | 49.8x | 2.6x |
| Mon, 10 Mar 2025 | HK$167.8b | HK$58.1b | HK$1.2b | 20.9x | 142.1x | 2.9x |
| Wed, 05 Feb 2025 | HK$146.7b | HK$58.2b | HK$1.2b | 17.4x | 121.8x | 2.5x |
| Fri, 03 Jan 2025 | HK$133.2b | HK$57.8b | HK$1.2b | 16.6x | 113.1x | 2.3x |
| Sun, 01 Dec 2024 | HK$133.4b | HK$58.2b | HK$1.2b | 15.7x | 110.7x | 2.3x |
| Tue, 29 Oct 2024 | HK$141.0b | HK$58.9b | HK$1.3b | 14.4x | 105x | 2.4x |
| Thu, 26 Sep 2024 | HK$123.9b | HK$59.5b | HK$1.3b | 12.6x | 93.3x | 2.1x |
| Sat, 24 Aug 2024 | HK$114.9b | HK$55.2b | -HK$890,978,743.67 | 12.1x | -129x | 2.1x |
| Mon, 22 Jul 2024 | HK$121.7b | HK$53.9b | -HK$1,099,310,967.09 | 12.4x | -110.7x | 2.3x |
| Wed, 19 Jun 2024 | HK$134.7b | HK$54.0b | -HK$1,095,242,536.34 | 13.1x | -123x | 2.5x |
| Fri, 17 May 2024 | HK$157.9b | HK$54.2b | -HK$1,085,195,593.33 | 15.6x | -145.5x | 2.9x |
| Sun, 14 Apr 2024 | HK$144.2b | HK$54.3b | -HK$1,095,677,485.06 | 13.8x | -131.6x | 2.7x |
| Tue, 12 Mar 2024 | HK$154.5b | HK$52.8b | -HK$1,041,398,656.74 | 11.6x | -148.4x | 2.9x |
| Thu, 08 Feb 2024 | HK$150.7b | HK$53.6b | -HK$2,430,271,265.54 | 11.5x | -62x | 2.8x |
| Sat, 06 Jan 2024 | HK$188.9b | HK$53.7b | -HK$2,341,611,546.00 | 14.4x | -80.7x | 3.5x |
| Mon, 04 Dec 2023 | HK$210.4b | HK$53.7b | -HK$2,345,436,488.00 | 16.9x | -89.7x | 3.9x |
| Wed, 01 Nov 2023 | HK$208.6b | HK$52.9b | -HK$2,341,229,365.00 | 18.6x | -89.1x | 3.9x |
| Fri, 29 Sep 2023 | HK$209.6b | HK$52.9b | -HK$2,344,635,616.00 | 16.7x | -89.4x | 4x |
| Sun, 27 Aug 2023 | HK$217.8b | HK$51.7b | -HK$3,491,743,814.00 | 17.6x | -62.4x | 4.2x |
| Tue, 25 Jul 2023 | HK$245.5b | HK$51.1b | -HK$3,936,770,245.00 | 19.3x | -62.4x | 4.8x |
| Thu, 22 Jun 2023 | HK$238.0b | HK$51.2b | -HK$3,944,989,289.00 | 19x | -60.3x | 4.7x |
| Sat, 20 May 2023 | HK$269.7b | HK$52.0b | -HK$3,962,478,038.00 | 21.3x | -68.1x | 5.2x |
| Mon, 17 Apr 2023 | HK$319.2b | HK$53.3b | -HK$4,238,479,839.00 | 23.5x | -75.3x | 6x |
| Wed, 15 Mar 2023 | HK$285.3b | HK$54.4b | -HK$2,653,847,470.00 | 21.7x | -107.5x | 5.2x |
| Fri, 10 Feb 2023 | HK$322.0b | HK$54.9b | -HK$2,749,416,007.00 | 24.8x | -117.1x | 5.9x |
| Sun, 08 Jan 2023 | HK$291.5b | HK$54.3b | -HK$2,746,271,414.00 | 22x | -106.2x | 5.4x |
| Tue, 06 Dec 2022 | HK$275.5b | HK$52.1b | -HK$2,665,610,840.00 | 23.4x | -103.4x | 5.3x |
| Thu, 03 Nov 2022 | HK$241.8b | HK$50.9b | -HK$2,787,690,927.00 | 18.7x | -86.7x | 4.7x |
| Sat, 01 Oct 2022 | HK$203.1b | HK$51.5b | -HK$2,615,577,047.00 | 16.4x | -77.7x | 3.9x |
| Mon, 29 Aug 2022 | HK$238.6b | HK$51.6b | -HK$516,358,733.00 | 16.2x | -462x | 4.6x |
| Wed, 27 Jul 2022 | HK$254.5b | HK$51.0b | -HK$631,085,227.00 | 16.6x | -403.3x | 5x |
| Fri, 24 Jun 2022 | HK$238.8b | HK$51.3b | -HK$610,598,259.00 | 16.2x | -391.1x | 4.7x |
| Sun, 22 May 2022 | HK$207.0b | HK$51.3b | -HK$607,314,829.00 | 15.1x | -340.9x | 4x |
Price to Earnings Ratio
-340.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Medical Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 52.1x which is higher than its 3-year average PE of -80.5x.
- The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- Total earnings for the Medical Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 6.2% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Healthcare industry?
| HK Market | 3.79% | |
| Healthcare | 0.16% | |
| Medical Equipment | -1.16% | |
| Medical Supplies | 0.36% | |
| Medical Equipment | -2.02% | |
Industry PE
- Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 15.8x.
- Analysts are expecting annual earnings growth of 12.1%, which is higher than its past year's earnings growth of 9.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 63% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 12% per year over the next few years.
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$54.65 | 6.0% +HK$527.1m | -27.9% | PE98.3x | |
| 9877 Jenscare Scientific | HK$7.30 | 20.7% +HK$521.5m | 54.3% | PB3x | |
| 1066 Shandong Weigao Group Medical Polymer | HK$5.89 | 1.7% +HK$455.9m | 9.7% | PE12x | |
| 1789 AK Medical Holdings | HK$5.69 | 3.8% +HK$235.8m | 0.9% | PE21.5x | |
| 9997 Kangji Medical Holdings | HK$7.50 | 1.4% +HK$120.8m | -1.8% | PE14.4x |
