company background image
1526

Rici Healthcare Holdings SEHK:1526 Stock Report

Last Price

HK$0.49

Market Cap

HK$779.3m

7D

-1.0%

1Y

-60.8%

Updated

30 Sep, 2022

Data

Company Financials
1526 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

1526 Stock Overview

Rici Healthcare Holdings Limited, an investment holding company, operates general and specialty hospitals, medical examination centers, and clinics in the People’s Republic of China.

Rici Healthcare Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rici Healthcare Holdings
Historical stock prices
Current Share PriceHK$0.49
52 Week HighHK$1.35
52 Week LowHK$0.45
Beta0.22
1 Month Change-30.99%
3 Month Change-44.32%
1 Year Change-60.80%
3 Year Change-51.96%
5 Year Change-77.21%
Change since IPO-79.24%

Recent News & Updates

Sep 13
Here's Why Rici Healthcare Holdings (HKG:1526) Has A Meaningful Debt Burden

Here's Why Rici Healthcare Holdings (HKG:1526) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

May 09
Rici Healthcare Holdings' (HKG:1526) Strong Earnings Are Of Good Quality

Rici Healthcare Holdings' (HKG:1526) Strong Earnings Are Of Good Quality

Rici Healthcare Holdings Limited ( HKG:1526 ) just reported healthy earnings but the stock price didn't move much...

Shareholder Returns

1526HK HealthcareHK Market
7D-1.0%0.8%-5.7%
1Y-60.8%-66.9%-29.1%

Return vs Industry: 1526 exceeded the Hong Kong Healthcare industry which returned -66.9% over the past year.

Return vs Market: 1526 underperformed the Hong Kong Market which returned -29.1% over the past year.

Price Volatility

Is 1526's price volatile compared to industry and market?
1526 volatility
1526 Average Weekly Movement11.6%
Healthcare Industry Average Movement6.7%
Market Average Movement6.4%
10% most volatile stocks in HK Market12.5%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 1526 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: 1526's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
20007,944Yixin Fanghttps://www.rich-healthcare.com

Rici Healthcare Holdings Limited, an investment holding company, operates general and specialty hospitals, medical examination centers, and clinics in the People’s Republic of China. As of December 31, 2021, the company had 68 medical examination centers. It also offers health counseling, nursing, diagnosis, and lease services.

Rici Healthcare Holdings Fundamentals Summary

How do Rici Healthcare Holdings's earnings and revenue compare to its market cap?
1526 fundamental statistics
Market CapHK$779.26m
Earnings (TTM)HK$58.69m
Revenue (TTM)HK$2.63b

13.3x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1526 income statement (TTM)
RevenueCN¥2.38b
Cost of RevenueCN¥1.62b
Gross ProfitCN¥758.84m
Other ExpensesCN¥705.60m
EarningsCN¥53.24m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.033
Gross Margin31.85%
Net Profit Margin2.23%
Debt/Equity Ratio264.1%

How did 1526 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1526 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1526?

Other financial metrics that can be useful for relative valuation.

1526 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA7.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1526's PE Ratio compare to its peers?

1526 PE Ratio vs Peers
The above table shows the PE ratio for 1526 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.3x
2189 Kato (Hong Kong) Holdings
6.2xn/aHK$600.0m
722 UMP Healthcare Holdings
7.7xn/aHK$547.9m
3689 Guangdong Kanghua Healthcare
9.4xn/aHK$611.9m
9906 Honliv Healthcare Management Group
26.3xn/aHK$1.4b
1526 Rici Healthcare Holdings
13.3xn/aHK$779.3m

Price-To-Earnings vs Peers: 1526 is expensive based on its Price-To-Earnings Ratio (13.3x) compared to the peer average (12.3x).


Price to Earnings Ratio vs Industry

How does 1526's PE Ratio compare vs other companies in the HK Healthcare Industry?

Price-To-Earnings vs Industry: 1526 is good value based on its Price-To-Earnings Ratio (13.3x) compared to the Hong Kong Healthcare industry average (13.5x)


Price to Earnings Ratio vs Fair Ratio

What is 1526's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1526 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1526's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1526 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1526 (HK$0.49) is trading below our estimate of fair value (HK$8.69)

Significantly Below Fair Value: 1526 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Rici Healthcare Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


31.0%

Forecasted Healthcare industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rici Healthcare Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether Rici Healthcare Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Rici Healthcare Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Rici Healthcare Holdings performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


43.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1526 has high quality earnings.

Growing Profit Margin: 1526's current net profit margins (2.2%) are lower than last year (7.1%).


Past Earnings Growth Analysis

Earnings Trend: 1526's earnings have grown significantly by 43.8% per year over the past 5 years.

Accelerating Growth: 1526's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1526 had negative earnings growth (-68.1%) over the past year, making it difficult to compare to the Healthcare industry average (-0.06%).


Return on Equity

High ROE: 1526's Return on Equity (-2.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Rici Healthcare Holdings's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1526's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥2.0B).

Long Term Liabilities: 1526's short term assets (CN¥1.1B) do not cover its long term liabilities (CN¥1.8B).


Debt to Equity History and Analysis

Debt Level: 1526's net debt to equity ratio (129.6%) is considered high.

Reducing Debt: 1526's debt to equity ratio has increased from 44.8% to 264.1% over the past 5 years.

Debt Coverage: 1526's debt is well covered by operating cash flow (57.5%).

Interest Coverage: 1526's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Rici Healthcare Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Rici Healthcare Holdings Dividend Yield vs Market
How does Rici Healthcare Holdings dividend yield compare to the market?
SegmentDividend Yield
Company (Rici Healthcare Holdings)n/a
Market Bottom 25% (HK)3.0%
Market Top 25% (HK)8.9%
Industry Average (Healthcare)3.7%
Analyst forecast in 3 Years (Rici Healthcare Holdings)n/a

Notable Dividend: Unable to evaluate 1526's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1526's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1526's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1526's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1526 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

Yixin Fang (57 yo)

6.5yrs

Tenure

CN¥2,987,000

Compensation

Dr. Yixin Fang has been Chief Executive Officer of Rici Healthcare Holdings Ltd since March 20, 2019. Dr. Fang is the Founder of Rici Healthcare Holdings Limited. Dr. Fang serves as the Chairman of Rici He...


CEO Compensation Analysis

Yixin Fang's Compensation vs Rici Healthcare Holdings Earnings
How has Yixin Fang's remuneration changed compared to Rici Healthcare Holdings's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

CN¥53m

Mar 31 2022n/an/a

CN¥117m

Dec 31 2021CN¥3mCN¥311k

CN¥182m

Sep 30 2021n/an/a

CN¥174m

Jun 30 2021n/an/a

CN¥167m

Mar 31 2021n/an/a

CN¥79m

Dec 31 2020CN¥3mCN¥321k

-CN¥8m

Sep 30 2020n/an/a

-CN¥90m

Jun 30 2020n/an/a

-CN¥173m

Mar 31 2020n/an/a

-CN¥121m

Dec 31 2019CN¥4mCN¥300k

-CN¥69m

Sep 30 2019n/an/a

-CN¥58m

Jun 30 2019n/an/a

-CN¥46m

Mar 31 2019n/an/a

-CN¥50m

Dec 31 2018CN¥4mCN¥300k

-CN¥54m

Sep 30 2018n/an/a

-CN¥72m

Jun 30 2018n/an/a

-CN¥91m

Mar 31 2018n/an/a

-CN¥76m

Dec 31 2017CN¥4mCN¥300k

-CN¥62m

Sep 30 2017n/an/a

-CN¥16m

Jun 30 2017n/an/a

CN¥30m

Mar 31 2017n/an/a

CN¥45m

Dec 31 2016CN¥1mCN¥300k

CN¥59m

Sep 30 2016n/an/a

CN¥62m

Jun 30 2016n/an/a

CN¥65m

Mar 31 2016n/an/a

CN¥47m

Dec 31 2015CN¥362kCN¥300k

CN¥29m

Compensation vs Market: Yixin's total compensation ($USD419.49K) is above average for companies of similar size in the Hong Kong market ($USD241.54K).

Compensation vs Earnings: Yixin's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 1526's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: 1526's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of 1526?
Owner TypeNumber of SharesOwnership Percentage
Institutions1,877,0000.1%
VC/PE Firms268,286,80016.9%
General Public447,610,20028.1%
Individual Insiders872,550,00054.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 2 shareholders own 54.98% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
54.87%
Hong Mei
872,550,000CN¥427.5m0%no data
0.12%
Banca Credinvest SA, Asset Management Arm
1,877,000CN¥919.7k-5.25%0.38%

Company Information

Rici Healthcare Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Rici Healthcare Holdings Limited
  • Ticker: 1526
  • Exchange: SEHK
  • Founded: 2000
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Implied Market Cap: HK$779.259m
  • Shares outstanding: 1.59b
  • Website: https://www.rich-healthcare.com

Number of Employees


Location

  • Rici Healthcare Holdings Limited
  • Building 1
  • 20th Floor
  • Shanghai
  • China


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1526SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2016

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.