SEHK:6078

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Hygeia Healthcare Holdings

Executive Summary

Hygeia Healthcare Holdings Co., Limited operates as an oncology healthcare company in the People's Republic of China. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.

Share Price & News

How has Hygeia Healthcare Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6078 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 6078's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

20.8%

6078

7.9%

HK Healthcare

5.7%

HK Market


1 Year Return

n/a

6078

-11.4%

HK Healthcare

14.3%

HK Market

Return vs Industry: Insufficient data to determine how 6078 performed against the Hong Kong Healthcare industry.

Return vs Market: Insufficient data to determine how 6078 performed against the Hong Kong Market.


Shareholder returns

6078IndustryMarket
7 Day20.8%7.9%5.7%
30 Day34.1%7.6%13.6%
90 Day40.7%23.1%19.6%
1 Yearn/a-9.1%-11.4%18.9%14.3%
3 Yearn/a-40.8%-44.6%-2.9%-13.1%
5 Yearn/a-20.5%-28.4%70.9%42.2%

Long-Term Price Volatility Vs. Market

How volatile is Hygeia Healthcare Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hygeia Healthcare Holdings undervalued compared to its fair value and its price relative to the market?

519.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6078 (HK$65.7) is trading above our estimate of fair value (HK$53.04)

Significantly Below Fair Value: 6078 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6078 is poor value based on its PE Ratio (519.2x) compared to the HK Healthcare industry average (21.6x).

PE vs Market: 6078 is poor value based on its PE Ratio (519.2x) compared to the Hong Kong market (11.9x).


Price to Earnings Growth Ratio

PEG Ratio: 6078 is poor value based on its PEG Ratio (8x)


Price to Book Ratio

PB vs Industry: 6078 is overvalued based on its PB Ratio (8.6x) compared to the HK Healthcare industry average (1.5x).


Next Steps

Future Growth

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

65.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6078's forecast earnings growth (65.2% per year) is above the savings rate (1.5%).

Earnings vs Market: 6078's earnings (65.2% per year) are forecast to grow faster than the Hong Kong market (21.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 6078's revenue (24.8% per year) is forecast to grow faster than the Hong Kong market (14.2% per year).

High Growth Revenue: 6078's revenue (24.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6078's Return on Equity is forecast to be low in 3 years time (12%).


Next Steps

Past Performance

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

39.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 6078 has a large one-off loss of CN¥64.2M impacting its June 30 2020 financial results.

Growing Profit Margin: 6078's current net profit margins (2.4%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 6078's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 6078's past year earnings growth to its 5-year average.

Earnings vs Industry: 6078 earnings growth over the past year (39.3%) exceeded the Healthcare industry -9.1%.


Return on Equity

High ROE: 6078's Return on Equity (0.8%) is considered low.


Next Steps

Financial Health

How is Hygeia Healthcare Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 6078's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥269.5M).

Long Term Liabilities: 6078's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥72.3M).


Debt to Equity History and Analysis

Debt Level: 6078 is debt free.

Reducing Debt: 6078 had no debt 5 years ago.

Debt Coverage: 6078 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6078 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6078's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6078'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 6078's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6078's dividend payments have been increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6078's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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


CEO

Huanhuan Cheng

no data

Tenure

Ms. Cheng Huanhuan Serves as a Executive Director and Chief Executive Officer Hygeia Healthcare Holdings Co., Limited.


Ownership

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


Insider Trading Volume

Insider Buying: 6078 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: 6078 only recently listed within the past 12 months.


Top Shareholders

Company Information

Hygeia Healthcare Holdings Co., Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hygeia Healthcare Holdings Co., Limited
  • Ticker: 6078
  • Exchange: SEHK
  • Founded: 2009
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Market Cap: HK$39.150b
  • Shares outstanding: 618.00m
  • Website: https://www.hygeia-group.com.cn

Number of Employees


Location

  • Hygeia Healthcare Holdings Co., Limited
  • Enterprise Square
  • Suites 702-707
  • Shanghai
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6078SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2020
50IDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2020
6078SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJun 2020

Biography

Hygeia Healthcare Holdings Co., Limited operates as an oncology healthcare company in the People's Republic of China. The company owns and operates private for-profit hospitals, which offer a range of onco...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 10:20
End of Day Share Price2021/01/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.