Alliance Healthcare

About Alliance Healthcare

Alliance Healthcare Group Limited is an integrated healthcare group that leverages the use of technology to provide a broad suite of healthcare services primarily in Singapore. The Group designs and provides enterprise-level healthcare solutions to meet the demands of organisations as well as individual patients for reliable and cost-effective healthcare services.

FY21 Results Announcement
Est 30 Aug 2021

Small Cap Asia: Alliance Healthcare – SG Telehealth proxy play

SGX Kopi-C: Staying in the pink of health

SGX 10 In 10

FY2021 FAQ

FY2020 FAQ


Recent Developments


Investment Merits

  • Riding on the tailwinds of a growing defensive healthcare industry. 
  • One of the largest managed healthcare service provider in Singapore 
  • High barriers to entry for the growing managed healthcare segment, due to high capital investments to establish a sizable network of medical services providers as well as investments in IT systems.
  • Tapping on the increased demand for mobile healthcare via Jaga-me 
  • Healthy balance sheet with positive cash flow generation. 
  • Founders’ interests are aligned with shareholders. The Group has also expressed their intention to distribute at least 30% of its net profits for FY20 and FY21 as dividends to shareholders.

In The News


Research

Brokerages Report Analysts Recommendation TP
Phillip Securities Research Download File Vivian Ye NON-RATED
RHB Bank Berhad Download File Lee Cai Ling
Jarick Seet
NON-RATED

 

Archive

2021

Stock Information

Price Market Cap (SGD m) YE Earnings Release Date (Est) 52 wk high/low YTD % change Free Float %
0.180 36.4 06/2021 0.18/0.16 2.9% 15.6%

Key Financial Highlights

Key Highlights 2018 2019 2020
Revenue (SGDm) 33.8 36.5 42.8
Net Profit (SGDm) 3.1 0.3 2.6
Adjusted Net Profit (SGDm) 3.1 1.6* 2.3
Adjusted P/E 12.1 24.1 16.0
P/B 5.5 2.2 1.9
Return on Equity 49.9% 4.7% 15.9%
Net D/E -66.3% -55.9% -45.2%

 

*Adjusted for one off IPO expenses of S$1.2m

 

Risks

Loss of key corporate and/or insurance clientele, loss of network of medical professionals, dependent on health of doctors for operation of clinics



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