OTCPK:HSCH.F

Stock Analysis Report

Executive Summary

H-Source Holdings Ltd., a technology company, operates in the healthcare industry.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Risks

  • H-Source Holdings has significant price volatility in the past 3 months.
  • H-Source Holdings is not covered by any analysts.

Share Price & News

How has H-Source Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.6%

OTCPK:HSCH.F

2.1%

US Healthcare Services

1.1%

US Market


1 Year Return

-76.2%

OTCPK:HSCH.F

7.7%

US Healthcare Services

2.1%

US Market

HSCH.F underperformed the Healthcare Services industry which returned 6.6% over the past year.

HSCH.F underperformed the Market in United States of America which returned 2% over the past year.


Share holder returns

HSCH.FIndustryMarket
7 Day-4.6%2.1%1.1%
30 Day-25.1%-4.7%3.7%
90 Day-31.1%-4.6%2.3%
1 Year-76.2%-76.2%7.7%7.7%4.4%2.1%
3 Year-74.2%-74.2%51.1%50.8%47.0%37.4%
5 Yearn/a49.2%48.3%61.6%43.8%

Price Volatility Vs. Market

How volatile is H-Source Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is H-Source Holdings undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether H-Source Holdings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as H-Source Holdings has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of HSCH.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through H-Source Holdings regulatory filings here.
  • Explore potentially undervalued companies in the Healthcare industry.

Future Growth

How is H-Source Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.7%

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 H-Source 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.


Next Steps

  • Take a look at our analysis of HSCH.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access H-Source Holdings's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has H-Source Holdings performed over the past 5 years?

-13.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

H-Source Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare H-Source Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare H-Source Holdings's 1-year growth to the US Healthcare Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if H-Source Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if H-Source Holdings has efficiently used its assets last year compared to the US Healthcare Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if H-Source Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.


Next Steps

Financial Health

How is H-Source Holdings's financial position?


Financial Position Analysis

H-Source Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

H-Source Holdings has no long term commitments.


Debt to Equity History and Analysis

H-Source Holdings has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if H-Source Holdings's debt level has increased considering it has negative shareholder equity.


Balance Sheet

Low level of unsold assets.

H-Source Holdings has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

H-Source Holdings has less than a year of cash runway based on current free cash flow.

H-Source Holdings has less than a year of cash runway if free cash flow continues to reduce at historical rates of -2.2% each year.


Next Steps

Dividend

What is H-Source Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate H-Source Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate H-Source Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as H-Source Holdings has not reported any payouts.

Unable to verify if H-Source Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as H-Source Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of H-Source Holdings's salary, the management and board of directors tenure and is there insider trading?

4.1yrs

Average board tenure


CEO

John Kupice 0

4.1yrs

Tenure

US$150,000

Compensation

Mr. John T. Kupice has been the Chief Executive Officer at H-Source Holdings Ltd. since August 31, 2015. Mr. Kupice helped the founder with H-Source, LLC prepare a business plan, raise capital and develop  ...


CEO Compensation Analysis

Insufficient data for John to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

4.1yrs

Average Tenure

The tenure for the H-Source Holdings board of directors is about average.


Insider Trading

More shares have been bought than sold by H-Source Holdings individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$51701 Aug 19
Martin Hubbes
EntityIndividual
Role
Member of the Board of Directors
Director
Shares17,000
Max PriceUS$0.03
BuyUS$3,79029 Jul 19
Martin Hubbes
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100,000
Max PriceUS$0.038

Ownership Breakdown


Management Team

  • Nicole Altenburg (55yo)

    CFO & Corporate Secretary

    • Tenure: 0.8yrs
  • John Kupice

    CEO & Director

    • Tenure: 4.1yrs
    • Compensation: US$150.00k
  • Murray Walden (53yo)

    President & Director

    • Tenure: 4.1yrs
    • Compensation: US$150.00k

Board Members

  • Martin Hubbes (56yo)

    Director

    • Tenure: 3yrs
  • Rich Umbdenstock

    Director

    • Tenure: 3.1yrs
  • Chip Overstreet

    Director

    • Tenure: 4.1yrs
  • John Kupice

    CEO & Director

    • Tenure: 4.1yrs
    • Compensation: US$150.00k
  • Murray Walden (53yo)

    President & Director

    • Tenure: 4.1yrs
    • Compensation: US$150.00k

Company Information

H-Source Holdings Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: H-Source Holdings Ltd.
  • Ticker: HSCH.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: CA$4.706m
  • Listing Market Cap: CA$3.551m
  • Shares outstanding: 117.64m
  • Website: https://www.h-source.com

Location

  • H-Source Holdings Ltd.
  • 1075 West Georgia Street
  • Suite 1980
  • Vancouver
  • British Columbia
  • V6E 3C9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HSCH.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2015
HSITSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2015
HSQDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2015

Biography

H-Source Holdings Ltd., a technology company, operates in the healthcare industry. It offers a hospital-to-hospital transaction platform that allows member hospitals to buy, sell, and transfer excess inven ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 00:36
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.