New Horizon Health Ltd
HKEX:6606
ROE
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
Peer Comparison
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| CN |
|
New Horizon Health Ltd
HKEX:6606
|
6.5B HKD |
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|
| US |
|
CVS Health Corp
NYSE:CVS
|
99.7B USD |
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|
|
| US |
|
Cigna Corp
NYSE:CI
|
77.7B USD |
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|
|
| US |
C
|
Cigna Group
XMUN:CGN
|
65.2B EUR |
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|
|
| DE |
|
Fresenius SE & Co KGaA
XETRA:FRE
|
28.8B EUR |
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|
|
| DE |
|
Fresenius Medical Care AG
XMUN:FME
|
24B EUR |
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|
|
| US |
|
Laboratory Corporation of America Holdings
NYSE:LH
|
23.5B USD |
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|
| US |
|
Quest Diagnostics Inc
NYSE:DGX
|
23B USD |
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|
| DE |
F
|
Fresenius Medical Care AG & Co KGaA
XETRA:FME
|
11.9B EUR |
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|
|
| US |
|
Guardant Health Inc
NASDAQ:GH
|
13.1B USD |
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|
| US |
|
DaVita Inc
NYSE:DVA
|
10.2B USD |
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Market Distribution
| Min | -7 562.2% |
| 30th Percentile | 0.2% |
| Median | 4.7% |
| 70th Percentile | 8.8% |
| Max | 122 197.8% |
Other Profitability Ratios
New Horizon Health Ltd
Glance View
New Horizon Health Ltd. operates as an investment holding company. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2021-02-18. The firm distributes its ColoClear, Pupu tube and other products to customers through its own network, contracted sales organisations (CSOs) and Internet sales or e-platform operated by healthcare clinics. The Company’s Youyou Tube (a stool-based self-checking gastric cancer screening test) and CerviClear (a non-invasive urine cervical cancer home screening test) are under development.
See Also
ROE is calculated by dividing the Net Income by the Avg Total Equity.
The current ROE for New Horizon Health Ltd is 4.4%, which is in line with its 3-year median of 4.4%.
Over the last 3 years, New Horizon Health Ltd’s ROE has decreased from 68.7% to 4.4%. During this period, it reached a low of -595.2% on Dec 31, 2021 and a high of 72.4% on Dec 31, 2020.
