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New Century Healthcare Holding Co. Ltd.
(1518)
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Rating:47Neutral
Price Target:
HK$0.20
▼(-18.75% Downside)
Action:Reiterated
Date:09/25/26
The score is held back primarily by unstable financial performance (a sharp 2025 earnings and margin reversal and weaker cash flow) and a clearly bearish technical trend (price below all key moving averages with negative MACD). A high dividend yield supports valuation, but the negative P/E tied to losses limits how constructive valuation can be.
Positive Factors
Manageable Leverage
Moderate leverage and positive equity provide a financial cushion while the company works through earnings volatility. This reduces balance-sheet pressure relative to a highly leveraged healthcare operator and preserves some capacity to fund operations or absorb weaker periods.
Negative Factors
Revenue and Earnings Reversal
The sharp 2025 revenue decline and return to substantial losses weaken confidence in near-term earnings durability. Lower activity or weaker mix can reduce operating leverage across medical facilities, making recovery dependent on restoring demand and improving the economics of care delivery.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable Leverage
Moderate leverage and positive equity provide a financial cushion while the company works through earnings volatility. This reduces balance-sheet pressure relative to a highly leveraged healthcare operator and preserves some capacity to fund operations or absorb weaker periods.
Read all positive factors
New Century Healthcare Holding Co. Ltd. (1518) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$96.64M
Dividend Yield11.11%
Average Volume (3M)19.65K
Price to Earnings (P/E)―
Beta (1Y)0.26
Revenue Growth-23.52%
EPS Growth-226.85%
CountryHK
Employees1,079
SectorHealthcare
Sector Strength45
IndustryMedical - Care Facilities
Share Statistics
EPS (TTM)-0.28
Shares Outstanding490,025,000
10 Day Avg. Volume2,250
30 Day Avg. Volume19,650
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.67
Price to Sales (P/S)0.48
P/FCF Ratio34.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
New Century Healthcare Holding Co. Ltd. Business Overview & Revenue Model
Company Description
New Century Healthcare Holding Co. Limited functions as an investment enterprise, providing medical services specifically designed for women and children throughout the People's Republic of China. Its principal activities include specialized care ...
How the Company Makes Money
The company generates revenue primarily by delivering healthcare services through its medical facilities (e.g., hospitals/clinics) and charging patients and/or payors for clinical services. Key revenue streams typically include fees from inpatient...
New Century Healthcare Holding Co. Ltd. Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
56
Neutral
Cash Flow
44
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 544.80M | 600.10M | 846.50M | 933.07M | 636.46M | 632.57M |
| Gross Profit | 147.48M | 175.88M | 344.96M | 407.09M | 202.14M | 198.74M |
| EBITDA | 1.87M | 30.44M | 194.43M | 234.18M | -209.54M | 41.78M |
| Net Income | -135.13M | -115.31M | 47.38M | 84.16M | -297.73M | -101.46M |
Balance Sheet | ||||||
| Total Assets | 700.76M | 745.64M | 939.13M | 944.39M | 901.38M | 1.27B |
| Cash, Cash Equivalents and Short-Term Investments | 278.97M | 283.58M | 354.52M | 304.31M | 226.08M | 223.84M |
| Total Debt | 164.05M | 166.31M | 185.83M | 206.07M | 217.02M | 280.24M |
| Total Liabilities | 448.31M | 391.51M | 430.26M | 492.63M | 540.03M | 586.66M |
| Stockholders Equity | 343.73M | 428.97M | 553.83M | 522.28M | 438.26M | 737.46M |
Cash Flow | ||||||
| Free Cash Flow | -207.32M | 8.29M | 114.10M | 148.21M | 66.16M | 9.10M |
| Operating Cash Flow | -202.41M | 17.93M | 135.92M | 158.92M | 76.28M | 22.25M |
| Investing Cash Flow | -4.56M | -62.61M | -21.03M | -8.64M | -23.07M | -15.74M |
| Financing Cash Flow | -61.02M | -79.16M | -65.18M | -73.07M | -57.26M | -79.84M |
New Century Healthcare Holding Co. Ltd. Technical Analysis
Negative
0.24
Price Trends
0.22
Negative
0.29
Negative
0.44
Negative
Market Momentum
>-0.01
Negative
41.71
Neutral
133.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1518, the sentiment is Negative. The current price of 0.24 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.22, and below the 200-day MA of 0.44, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.71 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1518.
New Century Healthcare Holding Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$581.85M | 5.27 | 6.35% | 10.92% | -0.27% | 29.73% | |
58 Neutral | HK$288.46M | 10.63 | 3.43% | 3.95% | 4.23% | 3.03% | |
52 Neutral | HK$1.10B | 78.10 | 0.48% | 1.10% | -3.26% | ― | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
51 Neutral | HK$292.35M | -3.79 | -10.76% | 9.04% | -1.37% | -334.69% | |
50 Neutral | HK$467.79M | -143.62 | -0.41% | ― | 3.16% | -101.02% | |
47 Neutral | HK$96.64M | -0.60 | -34.98% | 11.11% | -23.52% | -226.85% |
* Healthcare Sector Average
HK:1518
New Century Healthcare Holding Co. Ltd.
0.20
-0.62
-75.85%
HK:1419
Human Health Holdings Ltd.
0.76
-0.08
-9.52%
HK:3689
Guangdong Kanghua Healthcare Co., Ltd. Class H
1.74
-0.03
-1.97%
HK:3869
Hospital Corporation of China Ltd
3.39
-2.61
-43.49%
HK:3886
Town Health International Medical Group Ltd.
0.16
-0.11
-40.07%
HK:0722
UMP Healthcare Holdings Limited
0.37
-0.07
-16.67%
New Century Healthcare Holding Co. Ltd. Corporate Events
New Century Healthcare Swings to Deeper Interim Loss on Falling Patient Volumes and Regulatory Provision
Aug 31, 2026
New Century Healthcare reported interim revenue of RMB249.0 million for the six months ended June 30, 2026, down from RMB304.5 million a year earlier, as both outpatient and inpatient medical service income declined. Outpatient revenue fell 16.5% ...
New Century Healthcare flags wider interim loss on provision for frozen bank accounts
Aug 28, 2026
New Century Healthcare Holding Co. Ltd. warned that it expects to post a loss attributable to owners of about RMB85 million for the six months ended June 30, 2026, widening from a loss of roughly RMB65.2 million a year earlier. The interim figures...
New Century Healthcare Sets Board Meeting to Approve Interim Results
Aug 18, 2026
New Century Healthcare Holding Co. Ltd. has scheduled a board meeting for August 31, 2026 to review and approve its interim results for the six months ended June 30, 2026. The session will also address other business matters, signaling routine gov...
New Century Healthcare Flags Bank Account Freeze Linked to Partner Probe
Aug 14, 2026
New Century Healthcare disclosed that in late April 2026 some, but not all, of its bank accounts were frozen in connection with an investigation by the Beijing Mentougou Supervisory Committee involving one of its cooperative partners. About RMB218...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.