Subscribe

EC Healthcare (2138.HK)

HKD0.38 -0.01 (-2.56%)
HK HKSE Consumer Defensive Household & Personal Products
Address L 50, Langham Place Office Tower
Mong Kok, HK
CEO Lyn Wade Lu
IPO 2016-03-11
ISIN KYG3037S1021

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 2138.HK (HKD) Other OTC · UNHLF (USD)
Description

EC Healthcare, an investment holding firm, delivers an extensive range of medical and healthcare services throughout Hong Kong, Macau, and mainland China. Its operations are structured into three primary divisions: Medical, Aesthetic Medical and Beauty and Wellness, and an 'Others' category. The company's diverse service offerings include quasi-medical treatments, beauty and wellness programs, medical imaging, surgical procedures, aesthetic medicine, dentistry, hair restoration, vaccinations, chiropractic care, psychological support, and orthopedic services. Beyond direct patient care, EC Healthcare also provides administrative and management support, laboratory diagnostics, various marketing and performance marketing solutions, and even travel agency services. Furthermore, it retails beauty and skincare products, manages healthcare machinery, engages in property investment, offers multi-channel networking, and extends its expertise to veterinary services. Its product and service portfolio is primarily marketed under proprietary brands such as PRODERMA LAB, Swissline, Suissebeaute, and re:HEALTH. Established in 2005 and headquartered in Mong Kok, Hong Kong, the company was formerly known as Union Medical Healthcare Limited before rebranding to EC Healthcare in April 2021.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
HKD0.38 -0.01 (-2.56%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
379.0K
Beta
1.02
Float Shares
451.52M
Free Float %
38.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.20% +1.23% -9.89% -28.07% -32.79% -30.51% -32.79% -90.17% -97.01% -82.92% -86.24%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.38
DCF (Unlevered) 20.64 +5,332.5%
DCF (Levered) 24.27 +6,287.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-03 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.62
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
2 / 10
No MOAT
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Household & Personal Products: +3.3%
    -8.9% Q1'26: -12.0% (vs Q1'24)
  • EPS growth Household & Personal Products: +8.8%
    -142.9% Q1'26: -1,427.8% (vs Q1'24)
  • FCF margin FCF growth · Household & Personal Products: +44.8%
    +12.5% Q1'26: +15.8% (vs Q1'24)
  • EBIT margin Household & Personal Products: +9.9%
    +0.9% Q1'26: -0.2% (vs Q1'24)
  • ROIC Household & Personal Products: +8.2%
    +1.8% Q1'26: -0.6% (vs Q1'24)
  • Share dilution Household & Personal Products: +0.2%
    +0.0% Q1'26: 0.0% (vs Q1'24)
  • Debt / EBITDA Net debt/EBITDA · Household & Personal Products: -0.51×
    2.30× Q1'26: -97.65× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.13) × ERP
WACC = 27% × Ke + 73% × Kd (6.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 20.86 Current price: 0.38
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
704.94M
est: 673.50M (+4.7%)
964.93M
est: 886.00M (+8.9%)
1.31B
est: 1.31B (0.0%)
1.84B
est: 1.75B (+5.2%)
1.95B
est: 1.99B (-2.0%)
2.08B
est: 1.95B (+6.9%)
2.92B
est: 2.78B (+4.9%)
3.88B
est: 3.83B (+1.3%)
4.21B
est: 4.33B (-2.8%)
4.14B
est: 4.44B (-6.8%)
4.75B
4.75B – 4.75B
+6.9% YoY
5.02B
5.02B – 5.02B
+5.7% YoY
EBITDA
209.46M
est: 147.11M (+42.4%)
274.12M
est: 193.52M (+41.6%)
368.34M
est: 391.51M (-5.9%)
514.57M
est: 381.21M (+35.0%)
624.37M
est: 586.90M (+6.4%)
599.41M
est: 310.06M (+93.3%)
802.68M
est: 409.09M (+96.2%)
786.56M
est: 479.46M (+64.0%)
743.26M
est: 594.34M (+25.1%)
619.28M
est: 843.28M (-26.6%)
901.40M
901.40M – 901.40M
+6.9% YoY
952.87M
952.87M – 952.87M
+5.7% YoY
EBIT
184.82M
est: 46.16M (+300.4%)
244.95M
est: 60.73M (+303.3%)
330.72M
est: 354.42M (-6.7%)
452.82M
est: 119.63M (+278.5%)
378.59M
est: 531.30M (-28.7%)
289.54M
est: 367.99M (-21.3%)
370.32M
est: 485.53M (-23.7%)
199.83M
est: 569.05M (-64.9%)
117.71M
est: 705.39M (-83.3%)
-11.70M
est: 189.01M (-106.2%)
202.03M
202.03M – 202.03M
+6.9% YoY
213.57M
213.57M – 213.57M
+5.7% YoY
Net Income
148.66M
est: 248.89M (-40.3%)
200.70M
est: 256.93M (-21.9%)
279.22M
est: 290.36M (-3.8%)
361.11M
est: 438.53M (-17.7%)
286.58M
est: 435.27M (-34.2%)
192.87M
est: 278.64M (-30.8%)
197.50M
est: 367.64M (-46.3%)
69.65M
est: 69.65M (+0.0%)
-18.95M
est: -18.95M (+0.0%)
-167.19M
est: 11.85M (-1,510.6%)
11.85M
11.85M – 11.85M
+0.0% YoY
23.70M
23.70M – 23.70M
+100.0% YoY
SGA
123.18M
est: 70.39M (+75.0%)
187.00M
est: 92.60M (+102.0%)
300.52M
est: 741.63M (-59.5%)
154.54M
est: 182.40M (-15.3%)
124.44M
est: 1.11B (-88.8%)
226.40M
est: 976.45M (-76.8%)
302.02M
est: 1.29B (-76.6%)
405.36M
est: 1.51B (-73.2%)
426.37M
est: 1.87B (-77.2%)
432.37M
est: 367.63M (+17.6%)
392.97M
392.97M – 392.97M
+6.9% YoY
415.41M
415.41M – 415.41M
+5.7% YoY
EPS
0.20
est: 0.21 (-4.8%)
0.21
est: 0.22 (-3.1%)
0.28
est: 0.23 (+20.9%)
0.37
est: 0.37 (+0.0%)
0.29
est: 0.34 (-14.7%)
0.19
est: 0.16 (+15.9%)
0.17
est: 0.27 (-37.0%)
0.06
est: 0.18 (-66.8%)
-0.02
est: 0.04 (-137.2%)
-0.14
est: 0.01 (-1,500.0%)
0.01
0.01 – 0.01
+0.0% YoY
0.02
0.02 – 0.02
+100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-28 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-27 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-26 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-22 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-21 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-20 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-19 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-18 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-15 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-14 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-13 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-12 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-11 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-08 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-07 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-06 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-05 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-04 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-30 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-29 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-28 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-27 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-24 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-23 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-22 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-21 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-20 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-17 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-16 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.73B
OE per share TTM
1.46
Owner's Yield
369.26%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
33.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 5 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - International Core Equity 2 ETF DFIC 0.00% 9.5K 0.22%
2 Avantis Responsible International Equity ETF AVSD 0.00% 144.33 0.23%
3 Avantis International Small Cap Equity ETF AVDS 0.00% 48.08 0.30%
4 Avantis International Equity ETF AVDE 0.00% 2.4K 0.23%
5 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 957.07 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
12.0K
Shares Outstanding
1.19B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Lyn Wade Lu Chief Executive Officer & Executive Director 5M male
Heung Wing Lee Chief Financial Officer & Executive Director 4M male
Chi Fai Tang Founder & Executive Chairman 1M male
Chun Pong Siu Company Secretary male
Julie Chow Chief Proposition Officer of Healthcare
Kin Keung Chan Chief Public Affairs Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits