Asia300

IHH Healthcare Bhd.

Malaysia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Nov 22, 2017
Prev close: 5.66
Nov 22, 2017
Market cap:
Market cap(USD):
46,633.35M
11,343.58M
Shares: 8,239.10M

Currency in MYR

Company profile

Market(Ticker): KLS(5225)
Sector:
Industry:
Health Services
Hospital/Nursing Management
Full time employees: 35,000

Business summary

IHH Healthcare Bhd. is an investment holding company, engages in the provision of healthcare services. It operates through the following segments: Parkway Pantai Limited, Acibadem Holdings, IMU Health, and Parkway Life REIT. The Parkway Pantai Limited segment manages healthcare networks in Malaysia, Singapore, India, China, and Indochina. The Acibadem Holdings segment operates as a hospital and healthcare service provider in Central Eastern Europe, Middle East, and North Africa. The IMU segment provides education services through its university and a college. The Parkway Life REIT offers healthcare real estate investment trust. The company was founded on May 21, 2010 and is headquartered in Kuala Lumpur, Malaysia.

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.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 10,021.88M
Gross profit 2,657.91M
Operating income 1,227.74M
Income before tax 860.94M
Net income 612.35M
EBITDA 2,026.87M
Diluted EPS 0.07
Dividends per share 0.03
Total assets 37,200.39M
Total liabilities 13,307.23M
Total equity 21,985.74M
Operating cash flow 1,730.45M

Currency in MYR

Revenue 2,419.15M
Gross profit 641.58M
Operating income 296.36M
Income before tax 207.82M
Net income 147.81M
EBITDA 489.26M
Diluted EPS 0.01
Dividends per share 0.00
Total assets 8,292.55M
Total liabilities 2,966.39M
Total equity 4,900.96M
Operating cash flow 417.70M

Currency in USD

Valuation measures

Dec 2016

PER 85.34
ROA 1.68%
ROE 2.77%
Operating margin 12.25%
Profit margin 6.11%

Key executive

  • CEO, MD & Non-Independent Executive Director: See Leng Tan
  • Group Chief Financial Officer: Soon Teck Low
  • Group Head-Internal Audit: Audrey Huang
  • Assistant Vice President-Investor Relations: Penelope Koh
  • Group Head-Human Capital Management: Juan Jim Tan

Share holders

  • Khazanah Nasional Bhd. (Investment Company)(41.0%)
  • Mitsui & Co., Ltd.(18.0%)
  • Employees Provident Fund(8.8%)
  • Singapore Exchange Ltd.(5.1%)
  • Permodalan Nasional Bhd.(3.5%)
  • AYDINLAR MEHMET ALI(2.1%)
  • Public Mutual Bhd.(1.8%)
  • GIC Pte Ltd. (Investment Management)(1.8%)
  • Kuwait Investment Authority (Investment Management)(1.7%)
  • The Vanguard Group, Inc.(1.1%)

Address

  • Website: http://www.ihh-healthcare.com
  • Address: Level 11 Block A, Pantai Hospital, Kuala Lumpur, 8 Jalan Bukit Pantai, Kuala Lumpur, 59100, Malaysia
  • Phone: +60.3.2298.9898

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