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/Blog Analysts Recommendation TP
RHB Lee Cai Ling Non-Rated N/A
Phillips Capital Vivian Ye Non-Rated N/A
Smallcapasia Smallcapasia Non-Rated N/A

Archive


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