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Companies Healthcare 1846.HK
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1846.HK HKEX Healthcare Facilities & Services

1846.Hk

HK$2,76
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Mcap
P/E
EV / Rev
Div yield
1,63 %
Op margin
14,4 %
ROE
4,4 %
Net margin
6,8 %
Debt / equity
0,33
Beta
52w range
Volume
Day range
Prev close
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Next earnings
Ex-dividend
TR 1Y
About

1846.HK operates in the healthcare sector, primarily engaged in pharmaceuticals and healthcare facilities and services, generating revenue through product sales and service provision.

Business. 1846.HK operates in the healthcare sector, primarily engaged in pharmaceuticals and healthcare facilities and services, generating revenue through product sales and service provision.

Classification92 %
SectorHealthcare
Business sectorHealthcare Services & Equipment
IndustryHealthcare Facilities & Services
ActivityPharmaceuticals
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
4,4 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 1846.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 1846.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    1846.HK operates in the healthcare sector, primarily engaged in pharmaceuticals and healthcare facilities and services, generating revenue through product sales and service provision.

    Classification92 %
    SectorHealthcare
    Business sectorHealthcare Services & Equipment
    IndustryHealthcare Facilities & Services
    ActivityPharmaceuticals
    AI synthesis
    GENERATED

    The company maintains a strong liquidity position, with a current ratio of 2.79, indicating that it has more than enough current assets to cover its current liabilities. Additionally, the company holds significant cash and equivalents of HKD 695.54 million, which further supports its liquidity and financial flexibility.

    In terms of profitability, the company's return on equity (ROE) is 4.36%, and its return on assets (ROA) is 2.79%. These figures are below the industry median for ROE and ROA, suggesting that the company is not generating returns as efficiently as its peers. The net income of HKD 54.45 million indicates a modest profit, but the operating income of HKD 114.63 million suggests that the company is managing its operating costs relatively well.

    The company's revenue is concentrated in a single segment, as no specific segments are disclosed in the available data. The geographic exposure is not detailed, but the company's operations are primarily based in Hong Kong, as indicated by the ticker symbol and the currency used in financial reporting.

    The company's growth trajectory is modest, with a revenue of HKD 796.04 million in the latest reporting period. The outlook for the current fiscal year is not explicitly provided, but the company's historical revenue performance suggests a stable, if not aggressive, growth pattern. The company's net income and operating income have shown a consistent trend, indicating a stable financial performance.

    The risk assessment indicates a low level of liquidity and dilution risk. The company's debt-to-equity ratio of 0.33 suggests a conservative capital structure, with a relatively low amount of debt compared to equity. There are no immediate filing-based liquidity or dilution flags, indicating that the company is not currently facing significant financial risks.

    Recent events and filings do not show any significant changes in the company's financial or operational status. The latest actual EPS is 0.03 HKD, and the latest actual revenue is 84,798,000 HKD, as reported by analysts.

    Key takeaways
    • The company has a strong liquidity position with a current ratio of 2.79 and significant cash reserves.
    • The company's profitability metrics, such as ROE and ROA, are below the industry median, indicating less efficient returns.
    • The company's revenue is concentrated in a single segment, and geographic exposure is primarily in Hong Kong.
    • The company's growth trajectory is modest, with stable financial performance and no significant financial risks identified.
    • "margin_outlook_rationale": "The company's margin outlook is stable, supported by consistent operating income and a conservative capital structure.",
    • "rd_outlook_rationale": "The company's R&D outlook is not explicitly detailed, but the stable financial performance suggests ongoing investment in innovation.",

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$2,76
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    HK$1.25B
    Net cash
    HK$285.4M
    Current ratio
    2.8
    Debt / equity
    0.3
    ROA
    2.8%
    ROE
    4.4%
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin14,4 %Above median
    Net Margin6,8 %Above median
    ROE4,4 %Below median
    D/E0,33Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Return On Assets
      net_income / total_assets
    Source documents
    • 1846.HK Market data — financials · 2026-05-26
    • Euroeyes International Eye Clinic Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    1846.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage