EC Healthcare

EC Healthcare

HHKEX:2138
0.53
HKD
-0.02
(-4.50%)
540.61MMarket Cap
Nov 26Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.63
0.94
1
1.33
1.88
1.98
2.03
2.53
3.28
3.55
3.49
3.18
- -
Basic EPS, GAAP
0.18
0.2
0.21
0.28
0.37
0.29
0.19
0.17
0.06
-0.02
-0.14
-0.34
- -
Free Cash Flow per Basic Share
0.14
0.06
0.13
0.28
-0.05
0.51
0.46
0.3
0.16
0.45
0.58
0.46
- -
Dividend per Share
- -
0.08
0.09
0.24
0.29
0.35
0.11
0.24
0.1
0.05
0.01
- -
- -
Book Value per Share
- -
0.75
0.79
0.83
1.06
1.02
1.18
1.62
1.58
1.67
1.53
1.18
1.18
Tangible Book Value per Share
- -
0.74
0.72
0.65
0.87
0.74
0.26
0.41
0.38
0.34
0.42
0.38
0.38
Basic Weighted Avg Shares
980
749
965
981
984
985
1,027
1,153
1,181
1,185
1,185
1,185
1,185
Sales/Revenue/Turnover
621
705
965
1,308
1,852
1,949
2,080
2,920
3,875
4,211
4,140
3,770
- -
Operating Margin (%)
40.74
37.57
31.68
30.6
31.98
24.78
11.17
13.36
4.94
4.42
2.29
2.02
- -
Depreciation Expense
18
25
29
38
62
246
310
432
587
626
631
512
- -
Net Income, GAAP
174
149
201
279
361
287
193
198
70
-19
-167
-403
- -
Effective Tax Rate (%)
17.01
19.03
16.81
15.76
14.57
13.94
15.16
15.84
21.41
6.99
- -
- -
- -
Profit Margin (%)
28.08
21.09
20.8
21.35
19.49
14.71
9.27
6.76
1.8
-0.45
-4.04
-10.68
- -
Working Capital
-68
648
597
272
280
-17
98
152
-251
-112
-5
-103
-103
LT Debt
- -
- -
1
- -
41
297
535
622
1,132
1,211
603
478
478
Total Equity
3
731
790
838
1,166
1,170
1,631
2,351
2,371
2,403
2,205
1,711
1,711
Return on Invested Capital (%)
- -
50.93
33.04
30.03
31.74
22.7
11.85
11.41
5.14
4.33
- -
- -
- -
Return on Capital (%)
- -
40.41
26.04
25.65
21.88
15.47
7.92
5.57
2.29
1.02
- -
- -
- -
Return on Common Equity (%)
- -
40.45
26.59
34.92
38.77
28.03
16.98
12.54
3.73
-0.99
-8.91
-25.34
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
740
1,116
781
LT Borrowings
289
- -
- -
LT Finance Leases
314
542
478
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,175
1,175
1,175
Market Capitalization
811
858
541

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,881
1,952
1,659
Cash, Cash Equivalents & STI
1,072
1,129
989
Accounts Receivable, Net
324
344
268
Inventories
153
158
153
Total Current Liabilities
1,886
2,239
1,762
Payables & Accruals
- -
- -
- -
ST Debt
740
1,116
781
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.87%
3.14%
-22.41%
Free Cash Flow
-86.35%
22.56%
-20.14%
Net Income, GAAP
78.38%
146.75%
140.88%
Sales/Revenue/Turnover
19.71%
14.22%
-8.94%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4,211
2025
- -
- -
4,140
2026
- -
- -
3,770

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.02
2025
- -
- -
-0.14
2026
- -
- -
-0.34

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.05
2025
- -
- -
0.01
2026
- -
- -
- -

Company Description

CEO
Lyn Wade Lu
Full Time Employees
2,400
Sector
Health services
Industry
Medical/Nursing services
Address
Devon House, Taikoo Place Hong Kong Hong Kong 40128
IPO Date
Mar 11, 2016
Business
EC Healthcare (UNHLF) is Hong Kong's largest non-hospital medical service provider, focusing on preventive and precision medicine through a comprehensive one-stop healthcare ecosystem. The company offers a wide array of medical services, including health checkups, vaccinations, laboratory testing, imaging diagnostics, primary care, specialist consultations, dental care, pain management, rehabilitation, and cancer diagnosis; aesthetic medical treatments, traditional beauty, hair care, supplemental wellness services, and sales of skincare, health, and beauty products; veterinary services encompassing hospitals, clinics, medical and surgical procedures, 24-hour emergency and inpatient care, endoscopy, and isolation wards for animals; as well as administrative management, marketing, multi-channel networking, laboratory equipment distribution, healthcare machines, property investment holding, leasing, hospital-related services, and travel agency operations. It operates 164 service points across 591,000 square feet under 48 diverse brands catering to luxury and affordable segments for individual consumers, families, and pet owners, primarily in Hong Kong, Macau, Mainland China, and Taiwan. Founded in 2005 and headquartered at 20/F, Devon House, Taikoo Place, 979 King's Road, Quarry Bay, Hong Kong, the company, formerly known as Union Medical Healthcare, was officially renamed EC Healthcare and relocated its headquarters to Quarry Bay. In recent developments within the last two years, EC Healthcare has pursued aggressive expansion through strategic alliances with Kerry Logistics Network for pharmaceutical logistics, RiMag, Leqee, New Horizon Health for CerviClear launch exclusivity, and Prudential; acquisitions of laboratory equipment distribution business, aesthetic medical equipment distribution business, and exotic animal veterinary operations; signing of a sustainability-linked syndicated facility; and earning multiple Best Management Team in Asia awards from Institutional Investor in 2023 along with two ISO certifications.