Added to YB: 2026-10-16
Pitch date: 2026-10-14
2138.HK [neutral]
EC Healthcare
-0.98%
current return
Author Info
Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. Sign up for the newsletter.
Company Info
EC Healthcare provides medical and healthcare services in Hong Kong, Macau, Mainland China, and Taiwan.
Market Cap
HKD 616.3M
Pitch Price
HKD 0.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.26
P/E
-1.53
EV/Sales
0.32
Sector
Diversified Consumer Services
Category
turnaround
Insider activity September 2026 - EC Healthcare
2138.HK (update): EC Healthcare drew a US$275,000 insider cluster buy amid restructuring and trades at 0.26x EV/sales, with trailing operating cash flow above HK$600 million versus HK$1.23 billion of enterprise value; however, profitability is minimal and upfront package payments entail future treatment costs. The main problem is customers shifting to cheaper Shenzhen services, while ROE’s fall from 39% in 2019 to zero by 2025 raises doubts about the roll-up strategy.
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