Life Healthcare

JSE:LHC South Africa Medical Care Facilities
Market Cap
$851.02 Million
ZAC1.60 Trillion ZAC
Market Cap Rank
#29184 Global
#49 in South Africa
Share Price
ZAC1119.00
Change (1 day)
+0.27%
52-Week Range
ZAC1050.00 - ZAC1525.00
All Time High
ZAC3062.35
Categories
Companies in South Africa Medical Care Facilities
About

Life Healthcare Group Holdings Limited, an investment holding company, operates as a private healthcare company in Southern Africa. It operates through Southern Africa " Hospitals Services, Southern Africa - Complementary Services, Southern Africa - Healthcare Services, and International segments. The company operates acute hospitals; and Life Nkanyisa care centres that provide long-term chronic … Read more

Life Healthcare (LHC) - Net Assets

Latest net assets as of September 2025: ZAC12.14 Billion ZAC

Based on the latest financial reports, Life Healthcare (LHC) has net assets worth ZAC12.14 Billion ZAC as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC25.69 Billion) and total liabilities (ZAC13.55 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC12.14 Billion
% of Total Assets 47.26%
Annual Growth Rate 9.29%
5-Year Change -36.66%
10-Year Change 78.61%
Growth Volatility 32.67

Life Healthcare - Net Assets Trend (2009–2025)

This chart illustrates how Life Healthcare's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Life Healthcare (2009–2025)

The table below shows the annual net assets of Life Healthcare from 2009 to 2025.

Year Net Assets Change
2025-09-30 ZAC12.14 Billion -10.15%
2024-09-30 ZAC13.51 Billion -36.52%
2023-09-30 ZAC21.29 Billion +7.20%
2022-09-30 ZAC19.86 Billion +3.59%
2021-09-30 ZAC19.17 Billion +4.89%
2020-09-30 ZAC18.28 Billion +4.50%
2019-09-30 ZAC17.49 Billion +7.96%
2018-09-30 ZAC16.20 Billion +4.19%
2017-09-30 ZAC15.55 Billion +128.76%
2016-09-30 ZAC6.80 Billion +5.43%
2015-09-30 ZAC6.45 Billion +9.29%
2014-09-30 ZAC5.90 Billion +5.23%
2013-09-30 ZAC5.61 Billion +14.94%
2012-09-30 ZAC4.88 Billion +11.26%
2011-09-30 ZAC4.38 Billion +24.73%
2010-09-30 ZAC3.52 Billion +19.96%
2009-09-30 ZAC2.93 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Life Healthcare's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 173.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Common Stock ZAC10.51 Billion 92.35%
Other Comprehensive Income ZAC-315.00 Million -2.77%
Other Components ZAC2.72 Billion 23.88%
Total Equity ZAC11.38 Billion 100.00%

Life Healthcare Competitors by Market Cap

The table below lists competitors of Life Healthcare ranked by their market capitalization.

Company Market Cap
Mivtach Shamir
TA:MISH
 		$8.63 Million
AKA Brands Holding Corp
NYSE:AKA
 		$8.64 Million
Holand og Setskog Sparebank
OL:HSPG
 		$8.64 Million
American Battery Materials Inc.
PINK:BLTH
 		$8.64 Million
Ayalon Holdings Ltd
TA:AYAL
 		$8.63 Million
Tiny Ltd.
PINK:TNYZF
 		$8.63 Million
BLUE STAR GOLD
F:5WP0
 		$8.62 Million
CATENON SA INH. EO-02
F:8Y9
 		$8.62 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Life Healthcare's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 12,539,000,000 to 11,377,000,000, a change of -1,162,000,000 (-9.3%).
  • Net income of 3,864,000,000 contributed positively to equity growth.
  • Dividend payments of 5,233,000,000 reduced retained earnings.
  • Share repurchases of 407,000,000 reduced equity.
  • New share issuances of 3,000,000 increased equity.
  • Other comprehensive income increased equity by 188,000,000.
  • Other factors increased equity by 423,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC3.86 Billion +33.96%
Dividends Paid ZAC5.23 Billion -46.0%
Share Repurchases ZAC407.00 Million -3.58%
Share Issuances ZAC3.00 Million +0.03%
Other Comprehensive Income ZAC188.00 Million +1.65%
Other Changes ZAC423.00 Million +3.72%
Total Change ZAC- -9.27%

Book Value vs Market Value Analysis

This analysis compares Life Healthcare's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 142.89x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 608.23x to 142.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-09-30 ZAC1.84 ZAC1119.00 x
2010-09-30 ZAC2.31 ZAC1119.00 x
2011-09-30 ZAC2.73 ZAC1119.00 x
2012-09-30 ZAC3.17 ZAC1119.00 x
2013-09-30 ZAC3.64 ZAC1119.00 x
2014-09-30 ZAC3.85 ZAC1119.00 x
2015-09-30 ZAC4.33 ZAC1119.00 x
2016-09-30 ZAC4.88 ZAC1119.00 x
2017-09-30 ZAC10.95 ZAC1119.00 x
2018-09-30 ZAC10.24 ZAC1119.00 x
2019-09-30 ZAC11.08 ZAC1119.00 x
2020-09-30 ZAC11.69 ZAC1119.00 x
2021-09-30 ZAC12.39 ZAC1119.00 x
2022-09-30 ZAC12.89 ZAC1119.00 x
2023-09-30 ZAC13.90 ZAC1119.00 x
2024-09-30 ZAC8.63 ZAC1119.00 x
2025-09-30 ZAC7.83 ZAC1119.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Life Healthcare utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 33.96%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.39%
  • • Asset Turnover: 0.98x
  • • Equity Multiplier: 2.26x
  • Recent ROE (33.96%) is above the historical average (25.67%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 40.39% 11.82% 1.15x 2.97x ZAC705.27 Million
2010 29.32% 9.51% 1.12x 2.76x ZAC550.34 Million
2011 42.42% 15.21% 1.16x 2.41x ZAC1.14 Billion
2012 37.96% 13.68% 1.18x 2.35x ZAC1.10 Billion
2013 38.92% 14.87% 1.19x 2.20x ZAC1.31 Billion
2014 57.89% 21.26% 1.10x 2.47x ZAC2.29 Billion
2015 36.11% 12.74% 0.92x 3.08x ZAC1.35 Billion
2016 29.46% 9.85% 0.94x 3.19x ZAC1.07 Billion
2017 5.66% 3.91% 0.57x 2.55x ZAC-624.00 Million
2018 10.56% 6.71% 0.60x 2.62x ZAC83.40 Million
2019 15.87% 10.01% 0.68x 2.32x ZAC950.20 Million
2020 0.22% 0.15% 0.59x 2.50x ZAC-1.67 Billion
2021 9.71% 6.52% 0.66x 2.26x ZAC-52.60 Million
2022 8.17% 7.46% 0.49x 2.25x ZAC-343.60 Million
2023 1.31% 1.17% 0.50x 2.26x ZAC-1.76 Billion
2024 38.50% 18.72% 1.06x 1.94x ZAC3.57 Billion
2025 33.96% 15.39% 0.98x 2.26x ZAC2.73 Billion

Industry Comparison

This section compares Life Healthcare's net assets metrics with peer companies in the Medical Care Facilities industry.

Industry Context

  • Industry: Medical Care Facilities
  • Average net assets among peers: $7,066,301,000
  • Average return on equity (ROE) among peers: 14.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Life Healthcare (LHC) ZAC12.14 Billion 40.39% 1.12x $8.63 Million
AfroCentric Investment Corp (ACT) $1.12 Billion 15.19% 0.39x $677.03K
Netcare (NTC) $13.01 Billion 13.21% 1.36x $10.17 Million