1. Taiwan Stocks

  2. •

    Health services

  3. •

    Hospital/Nursing management
Ma Kuang Healthcare Holding Limited

Ma Kuang Healthcare Holding Limited

TTPEX:4139
43.90
TWD
+0.25
(+0.57%)
-2.67EPS
1.11BMarket Cap
Ma Kuang Healthcare Holding Limited
TPEX:4139
(Taipei Exchange)

Recent

price

43.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
9.18
9.13
8.65
9.77
15.68
22.68
21.54
22.15
21.88
23.98
21.39
22.53
24.88
28.63
26.56
25.26
24.55
Revenue per Share
0.94
0.83
0.85
0.11
0.14
-1.38
-1.47
0.98
0.64
1.59
1.81
0.9
-0.73
-1
0.24
-1.55
-2.3
Basic EPS, GAAP
0.78
-2.55
-0.51
-3.6
-3.95
-4.29
2.97
1.39
1.4
2.09
6.68
4.49
1.03
3.56
7.37
4.94
3.6
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.03
0.02
0.02
0.03
0.06
1.24
1.6
- -
- -
- -
- -
- -
Dividend per Share
4.81
7.8
12.96
13.61
13.48
11.87
9.72
10.73
11.38
12.46
13.39
10.95
10.11
9.6
10.78
9.82
9.12
Book Value per Share
3.8
6.91
12.21
12.83
10.48
8.22
6.37
7.42
8.77
10.24
11.28
9.09
6.73
6.13
7.44
6.78
6.34
Tangible Book Value per Share
32
34
41
43
43
43
43
43
43
43
43
43
43
43
43
43
44
Basic Weighted Avg Shares
293
309
355
416
667
965
916
943
931
1,020
910
959
1,059
1,218
1,130
1,093
1,086
Sales/Revenue/Turnover
11.13
11.6
4.83
-16.94
-13.68
-7.8
-8.73
4.04
-1.5
1.84
6.61
4.72
3.21
2.11
0.85
-0.44
-2.38
Operating Margin (%)
9
7
13
20
29
37
38
31
33
184
136
139
162
193
216
203
205
Depreciation Expense
30
28
35
5
6
-59
-62
42
27
68
77
39
-31
-43
10
-67
-102
Net Income, GAAP
18.4
28.96
43.89
- -
- -
- -
- -
8.84
19.33
7.8
7.4
25.84
- -
- -
109.48
- -
- -
Effective Tax Rate (%)
10.23
9.07
9.84
1.14
0.91
-6.1
-6.8
4.44
2.91
6.63
8.48
4.02
-2.92
-3.49
0.91
-6.14
-9.38
Profit Margin (%)
83
342
459
229
141
121
10
103
7
-41
26
-109
-113
-177
-244
-265
-193
Working Capital
42
104
60
76
32
238
163
170
118
292
263
289
488
465
319
275
346
LT Debt
152
375
626
645
690
608
482
532
555
600
670
529
488
469
508
476
438
Total Equity
12.34
6.21
1.44
- -
- -
- -
- -
4.01
-1.71
0.57
4.39
2.61
- -
- -
-0.36
- -
- -
Return on Invested Capital (%)
16.21
8.38
8.66
- -
- -
- -
- -
5.24
4.44
8.81
6.05
4.24
- -
- -
1.35
- -
- -
Return on Capital (%)
22.14
13
8.41
0.84
1.05
-10.92
-13.58
9.62
5.77
13.33
14.03
7.44
-6.9
-10.14
2.37
-14.9
-24.05
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
412
391
324
LT Borrowings
136
112
217
LT Finance Leases
139
130
129
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
45
45
45
Market Capitalization
1,105
1,076
1,107

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
355
306
319
Cash, Cash Equivalents & STI
126
90
71
Accounts Receivable, Net
127
109
135
Inventories
46
43
46
Total Current Liabilities
620
614
512
Payables & Accruals
- -
- -
- -
ST Debt
412
391
324
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.69%
-6.13%
-6.27%
Free Cash Flow
25.76%
42.03%
-31.79%
Net Income, GAAP
-110.22%
-213.84%
-752.42%
Sales/Revenue/Turnover
1.57%
4.05%
-3.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
261
274
293
303
1,130
2025
264
274
264
291
1,093
2026
254
277
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.56
0.2
0.41
0.19
0.24
2025
-0.3
0.16
-0.2
-1.18
-1.55
2026
-0.55
-0.35
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Ma Kuang Healthcare Holding Limited Ma Kuang Healthcare Holding Limited, an investment holding company listed on the Taipei Exchange (4139.TWO), provides comprehensive medical services focused on Traditional Chinese Medicine (TCM) in Taiwan, Singapore, mainland China, and internationally. The company operates over 30 clinics and healthcare facilities offering TCM consultation, acupuncture, tuina massage, TCM osteopathy, internal medication, cupping, gua sha, Chinese herbal medicines, western medicine, medical cosmetology, health management, community medical services, Chinese medicine beauty services, and sales of dietary supplements, pharmaceutical goods, and medical equipment; it also provides medical management training courses, educational support services, overseas student homestay and guardianship, management consulting in corporate, computer technology, industry information, and marketing areas, e-commerce sales, restaurant operations, leasing, and internet hospital services. Founded in 1990 in Penghu County, Taiwan, with the holding company incorporated in 2009 and headquartered in Kaohsiung, Taiwan, Ma Kuang serves urban clientele seeking holistic and preventative care through its subsidiaries including Singapore Ma Kuang clinics, Tianjin Ma Kuang operations, Huang Yao Nan Pharmacy, Singapore International Management College, and Ma Kuang Internet Hospital. Recent developments include the announcement of a private placement to issue up to 20,000,000 shares on March 11, 2025, to support expansion; a board resolution on June 17, 2025, appointing a new chairperson; openings of new clinics such as Sin Kang TCM Clinic in 2024, Tianjin Yunjing Clinic in May 2024, and an upcoming Ma Kuang clinic in Malaysia announced February 2025; and celebrations marking 25 years of Singapore operations in September 2024, alongside Tianjin receiving an "爱心企业" (Caring Enterprise) award in March 2024.