IHH Healthcare Bhd.
Company Background
IHH Healthcare runs 37 private hospitals in 10 countries, including China and India. Its facilities have a total of more than 6,000 beds.
Headquartered in Malaysia, the company also sees Singapore and Turkey as its home markets. Its hospitals in these three countries attract affluent patients from across Southeast Asia and the Middle East. The group's Mount Elizabeth and Gleneagles hospitals in Singapore are considered particularly prestigious, thanks to their state-of-the-art medical equipment.
IHH is 44% owned by Khazanah Nasional, an investment arm of the Malaysian government. Khazanah in 2010 defeated a rival bid from India's Fortis Healthcare to take control of Parkway Holdings, a then-listed Singaporean company, which owned hospitals in Malaysia and Singapore. Today, Parkway is a wholly owned IHH subsidiary.
IHH is listed in both Malaysia and Singapore. The group is led by CEO Tan See Leng, who is also a doctor. Tan joined Parkway in 2004 and held various high-ranking positions before the company slid under IHH's umbrella.
Globally, IHH is the second-largest health care operator by market capitalization. Japanese trading house Mitsui & Co. is a major shareholder.
Business Summary
Financial Highlights
Dec 2022 | MYR | USD |
Revenue | 17,988.68M | 4,087.10M |
Gross Profit | 4,772.16M | 1,084.25M |
Operating income | 2,211.89M | 502.55M |
Income before tax | 2,178.22M | 494.90M |
Net income | 1,496.18M | 339.93M |
EBITDA | 3,611.39M | 820.52M |
Diluted EPS | 0.16 | 0.03 |
Dividends Per Share | 0.07 | 0.01 |
Total Assets | 48,565.91M | 11,025.17M |
Total liabilities | 19,406.86M | 4,405.64M |
Total equity | 26,191.97M | 5,945.96M |
Operating cash flow | 1,226.68M | 278.70M |
Currency in MYR | Currency in USD |
Historical Data
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 11,520.93M | 14,912.48M | 13,404.60M | 17,131.76M | 17,988.68M |
Gross Profit | 2,884.52M | 3,677.11M | 2,709.70M | 4,597.75M | 4,772.16M |
Operating income | 1,203.24M | 1,685.73M | 914.38M | 2,434.29M | 2,211.89M |
Income before tax | 739.05M | 968.61M | 549.11M | 2,515.88M | 2,178.22M |
Net income | 541.84M | 463.30M | 199.03M | 1,774.22M | 1,496.18M |
EBITDA | 2,142.40M | 3,041.22M | 2,311.70M | 3,749.18M | 3,611.39M |
Diluted EPS | 0.06 | 0.05 | 0.02 | 0.20 | 0.16 |
Dividends Per Share | 0.03 | 0.04 | 0.04 | 0.06 | 0.07 |
Total Assets | 45,020.85M | 45,111.62M | 44,746.72M | 45,510.26M | 48,565.91M |
Total liabilities | 18,827.09M | 19,175.82M | 19,869.41M | 20,391.79M | 19,406.86M |
Total equity | 21,994.00M | 22,339.53M | 21,739.81M | 22,424.93M | 26,191.97M |
Operating cash flow | 1,562.71M | 2,595.44M | 2,085.16M | 3,225.22M | 1,226.68M |
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 2,854.98M | 3,599.45M | 3,189.89M | 4,132.87M | 4,087.10M |
Gross Profit | 714.80M | 887.55M | 644.82M | 1,109.16M | 1,084.25M |
Operating income | 298.17M | 406.88M | 217.59M | 587.25M | 502.55M |
Income before tax | 183.14M | 233.79M | 130.67M | 606.93M | 494.90M |
Net income | 134.27M | 111.82M | 47.36M | 428.01M | 339.93M |
EBITDA | 530.90M | 734.06M | 550.11M | 904.45M | 820.52M |
Diluted EPS | 0.01 | 0.01 | 0.00 | 0.04 | 0.03 |
Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
Total Assets | 10,894.33M | 11,028.38M | 11,124.10M | 10,924.21M | 11,025.17M |
Total liabilities | 4,555.86M | 4,687.89M | 4,939.56M | 4,894.81M | 4,405.64M |
Total equity | 5,322.20M | 5,461.32M | 5,404.55M | 5,382.84M | 5,945.96M |
Operating cash flow | 387.25M | 626.46M | 496.20M | 778.05M | 278.70M |
Valuation Measures
Dec 2022 | |
PER | 36.58 |
ROA | 3.18% |
ROE | 6.15% |
Operating margin | 12.29% |
Profit margin | 8.31% |
Management
- Group Chief Financial Officer: Joerg Ayrle
- Chief Executive Officer-IHH Healthcare Malaysia: Jean-François Naa
- Group Chief Strategy Officer: Ashok Pandit
- Group Head-Internal Audit: Stephen Byrne
- Vice President-Investor Relations: Penelope Koh
Shareholders
- Mitsui & Co., Ltd. (32.7%)
- Khazanah Nasional Bhd. (Investment Company) (25.9%)
- Employees Provident Fund (10.5%)
- AYDINLAR MEHMET ALI (5.8%)
- Permodalan Nasional Bhd. (5.1%)
- AYDINLAR FAMILY (3.4%)
- Kumpulan Wang Persaraan (3.4%)
- Kuwait Investment Authority (Investment Management) (1.7%)
- Public Mutual Bhd. (1.3%)
- The Vanguard Group, Inc. (1.2%)
Contact Details
- Website:http://www.ihhhealthcare.com
- Address: Pantai Hospital Kuala Lumpur, 8 Jalan Bukit Pantai, Kuala Lumpur, 59100, Malaysia
- Phone: +60.3.2298.9898
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Competitors
- EUDA Health Holdings Limited
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