Town Health International Medical Group Limited logo

Town Health International Medical Group Limited

3886.HK

HKSEHealthcareMedical - Care Facilities

Latest quote

HK$0.189

+HK$0.012 · +6.78%

Aug 25, 3:56 PM HKT

3886.HK company overview

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Company profile

Company website

Town Health International Medical Group Limited is an investment holding company primarily engaged in the investment, operation, and provision of diverse healthcare and related services across mainland China and Hong Kong. Its operations are segmented into Hong Kong Medical Services, Hong Kong Managed Medical Network Business, Mainland Hospital Management and Medical Services, and other business activities. The group delivers a wide array of healthcare offerings, including cross-border healthcare, managed care programs, medical diagnostics, comprehensive health screenings, and specialized ophthalmology services. It also functions as a third-party administrator for medical networks. Complementary services encompass general medical and dental consultations, medical tourism, and property investment. Furthermore, Town Health expands its scope to beauty and cosmetic medicine, laboratory testing, hospital management, vision care, and business and corporate advisory. Non-core operations include trading listed securities, property leasing, and the distribution of medical equipment and pharmaceuticals. By the end of 2021, the company commanded a substantial network of 454 healthcare service points. This extensive infrastructure featured 259 general practice clinics, 75 specialist centers, 23 dental clinics, and 97 auxiliary service facilities. Founded in 1989, the company initially operated as Town Health International Investments Limited before rebranding to Town Health International Medical Group Limited in March 2014. Its corporate headquarters are situated in Shatin, Hong Kong.

Industry
Medical - Care Facilities
Sector
Healthcare
Headquarters
HK
CEO
Ka Tsan Choi
Listed since
Jul 28, 2003
Employees
1,061

Market position

52-week range

Current HK$0.189

Open
HK$0.189
Previous close
HK$0.177
Volume
0
0× average
Average volume
739.31K
Average daily volume
Market cap
1.28B HKD
Beta
-0.22
Market reference 1
50-day average
HK$0.2052
-7.91% below average
200-day average
HK$0.2344
-19.37% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
652.92M HKD
P/E (TTM)
90×
P/B (TTM)
0.43×
P/S (TTM)
0.72×
EV / EBITDA
3.11×
Earnings yield
0.85%
Free cash flow yield
7.63%
Dividend yield
0.95%

Profitability & efficiency

Gross margin
19.47%
Operating margin
4.41%
Net margin
0.81%
Return on equity
0.48%
Return on assets
0.36%
Return on invested capital
1.36%

Financial health

Debt / equity
0.05×
Current ratio
3.64×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends36%19%2%-15%Gross margin, FY2021: 31.76%Gross margin, FY2022: 26.99%Gross margin, FY2023: 27.38%Gross margin, FY2024: 26.58%Gross margin, FY2025: 19.47%Operating margin, FY2021: -0.48%Operating margin, FY2022: 1.00%Operating margin, FY2023: 5.59%Operating margin, FY2024: 4.94%Operating margin, FY2025: 4.41%Net margin, FY2021: 1.48%Net margin, FY2022: 1.00%Net margin, FY2023: -10.59%Net margin, FY2024: -11.11%Net margin, FY2025: 0.81%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 31.76%. Gross margin FY2022 26.99%. Gross margin FY2023 27.38%. Gross margin FY2024 26.58%. Gross margin FY2025 19.47%. Operating margin FY2021 -0.48%. Operating margin FY2022 1.00%. Operating margin FY2023 5.59%. Operating margin FY2024 4.94%. Operating margin FY2025 4.41%. Net margin FY2021 1.48%. Net margin FY2022 1.00%. Net margin FY2023 -10.59%. Net margin FY2024 -11.11%. Net margin FY2025 0.81%.

Income trends

Revenue

1.79B HKD-2.63%

Operating income

78.79M HKD-13.06%

Net income

14.38M HKD+218.08M HKD
Income trends across reported periods2.04B HKD1.22B HKD407.55M HKD−407.45M HKDRevenue, FY2021: 1.48B HKDRevenue, FY2022: 1.54B HKDRevenue, FY2023: 1.83B HKDRevenue, FY2024: 1.83B HKDRevenue, FY2025: 1.79B HKDOperating income, FY2021: −7.15M HKDOperating income, FY2022: 15.31M HKDOperating income, FY2023: 102.45M HKDOperating income, FY2024: 90.63M HKDOperating income, FY2025: 78.79M HKDNet income, FY2021: 22.01M HKDNet income, FY2022: 15.29M HKDNet income, FY2023: −194.21M HKDNet income, FY2024: −203.7M HKDNet income, FY2025: 14.38M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.48B HKD. Revenue FY2022 1.54B HKD. Revenue FY2023 1.83B HKD. Revenue FY2024 1.83B HKD. Revenue FY2025 1.79B HKD. Operating income FY2021 −7.15M HKD. Operating income FY2022 15.31M HKD. Operating income FY2023 102.45M HKD. Operating income FY2024 90.63M HKD. Operating income FY2025 78.79M HKD. Net income FY2021 22.01M HKD. Net income FY2022 15.29M HKD. Net income FY2023 −194.21M HKD. Net income FY2024 −203.7M HKD. Net income FY2025 14.38M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue1.79B HKD1.83B HKD1.83B HKD1.54B HKD1.48B HKD
Cost of goods sold1.44B HKD1.35B HKD1.33B HKD1.12B HKD1.01B HKD
Gross profit347.67M HKD487.39M HKD501.95M HKD414.45M HKD471.26M HKD
Selling, general, and administrative385.36M HKD396.76M HKD396.2M HKD397.96M HKD357.12M HKD
Operating expenses268.88M HKD396.76M HKD399.5M HKD284.12M HKD474.88M HKD
Interest income32.44M HKD33.18M HKD31.7M HKD29.49M HKD16.33M HKD
Interest expense11.51M HKD20.51M HKD23.42M HKD12.68M HKD3.9M HKD
Depreciation and amortization131.35M HKD70.06M HKD145.63M HKD127.56M HKD122.22M HKD
Operating income78.79M HKD90.63M HKD102.45M HKD15.31M HKD−7.15M HKD
Net income14.38M HKD−203.7M HKD−194.21M HKD15.29M HKD22.01M HKD

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
-0.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.050.01-0.03-0.07Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.001, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.002, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual -0.003, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 0.005, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 26, 2023: actual 0.003, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual -0.032, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual -0.007, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.023, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates956.3M862.23M768.16M674.09MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 721.97M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 761.92M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual 710.87M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 824.71M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 26, 2023: actual 916.83M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual 916.21M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual 914.28M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 919.52M HKD, estimate —, surprise —, Comparison unavailable.

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