New Horizon Health Limited

SEHK:6606 Stock Report

Market Cap: HK$6.3b

New Horizon Health Past Earnings Performance

Past criteria checks 2/6

New Horizon Health has been growing earnings at an average annual rate of 1.9%, while the Healthcare industry saw earnings growing at 3.4% annually. Revenues have been growing at an average rate of 97.7% per year. New Horizon Health's return on equity is 3.7%, and it has net margins of 8.2%.

Key information

1.9%

Earnings growth rate

18.5%

EPS growth rate

Healthcare Industry Growth11.3%
Revenue growth rate97.7%
Return on equity3.7%
Net Margin8.2%
Last Earnings Update30 Jun 2023

Recent past performance updates

New Horizon Health (HKG:6606) Is Posting Healthy Earnings, But It Is Not All Good News

Sep 28
New Horizon Health (HKG:6606) Is Posting Healthy Earnings, But It Is Not All Good News

Recent updates

New Horizon Health Limited (HKG:6606) Stocks Shoot Up 29% But Its P/S Still Looks Reasonable

Mar 04
New Horizon Health Limited (HKG:6606) Stocks Shoot Up 29% But Its P/S Still Looks Reasonable

Should You Investigate New Horizon Health Limited (HKG:6606) At HK$18.38?

Jan 30
Should You Investigate New Horizon Health Limited (HKG:6606) At HK$18.38?

Should You Think About Buying New Horizon Health Limited (HKG:6606) Now?

Sep 28
Should You Think About Buying New Horizon Health Limited (HKG:6606) Now?

New Horizon Health (HKG:6606) Is Posting Healthy Earnings, But It Is Not All Good News

Sep 28
New Horizon Health (HKG:6606) Is Posting Healthy Earnings, But It Is Not All Good News

Benign Growth For New Horizon Health Limited (HKG:6606) Underpins Stock's 26% Plummet

Aug 02
Benign Growth For New Horizon Health Limited (HKG:6606) Underpins Stock's 26% Plummet

New Forecasts: Here's What Analysts Think The Future Holds For New Horizon Health Limited (HKG:6606)

Jul 14
New Forecasts: Here's What Analysts Think The Future Holds For New Horizon Health Limited (HKG:6606)

News Flash: Analysts Just Made A Substantial Upgrade To Their New Horizon Health Limited (HKG:6606) Forecasts

Mar 19
News Flash: Analysts Just Made A Substantial Upgrade To Their New Horizon Health Limited (HKG:6606) Forecasts

Growth Investors: Industry Analysts Just Upgraded Their New Horizon Health Limited (HKG:6606) Revenue Forecasts By 26%

Jan 13
Growth Investors: Industry Analysts Just Upgraded Their New Horizon Health Limited (HKG:6606) Revenue Forecasts By 26%

News Flash: Analysts Just Made A Captivating Upgrade To Their New Horizon Health Limited (HKG:6606) Forecasts

Mar 23
News Flash: Analysts Just Made A Captivating Upgrade To Their New Horizon Health Limited (HKG:6606) Forecasts

Need To Know: Analysts Are Much More Bullish On New Horizon Health Limited (HKG:6606) Revenues

Jan 19
Need To Know: Analysts Are Much More Bullish On New Horizon Health Limited (HKG:6606) Revenues

Revenue & Expenses Breakdown

How New Horizon Health makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:6606 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 231,3621121,199128
31 Mar 231,06316967112
31 Dec 22765-7973695
30 Sep 22580-16963287
30 Jun 22394-25952979
31 Mar 22304-1,67245869
31 Dec 21213-3,08538759
30 Sep 21164-3,24430948
30 Jun 21104-3,12821536
31 Mar 2187-1,95818031
31 Dec 2071-78914525
30 Sep 2058-57816726
30 Jun 2056-64514526
31 Mar 2057-37513826
31 Dec 1958-10613026
31 Dec 1819-2257215

Quality Earnings: 6606 has a high level of non-cash earnings.

Growing Profit Margin: 6606 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 6606 has become profitable over the past 5 years, growing earnings by 1.9% per year.

Accelerating Growth: 6606 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 6606 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Healthcare industry (7.8%).


Return on Equity

High ROE: 6606's Return on Equity (3.7%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/06/24 02:29
End of Day Share Price 2024/03/27 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New Horizon Health Limited is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullCMB International Securities Limited
Ziyi ChenGoldman Sachs
Yinglan ShuHaitong International Research Limited