This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.
Vital Healthcare Property
Directory
| NZX code: | VHP |
| Short name: | Vital Healthcare Property |
| Legal name: | Vital Healthcare Property Trust Limited |
| Industry sector: | Property Investment |
| NZX50 rank: | 24 of 50 |
| Head office address: | Level 16 Aig Buildin, 41 Shortland Street, Auckland, 1010 |
| Chairman: | Graham Stuart |
| CEO: | Aaron Hockly |
| Financial year ended: | June |
| Locations: | New Zealand, Australia |
| Auditor: | Deloitte |
| Bankers: | ANZ, BNZ, NAB |
Vital Healthcare Property
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Financial statement history
A. Recent trading and performance summary:
| Total revenue |
NPAT | Earnings per share |
|
| fye June | mln | mln | cents |
| 2018 | $93.7 | $100.1 | 23.0 |
| 2019 | $101.1 | $93.4 | 21.1 |
| 2020 | $103.3 | $58.1 | 12.9 |
| 2021 | $113.6 | $278.4 | 55.9 |
| 2022 | $127.4 | $303.5 | 53.3 |
| 2023 | $145.2 | ($152.4) | (23.2) |
B. Recent financial position summary:
| Total assets |
Total Liabilities |
Equity ratio |
|
| fye June | bln | bln | % |
| 2018 | $1.787 | $0.799 | 55.3 |
| 2019 | $1.932 | $0.902 | 53.3 |
| 2020 | $2.105 | $1.026 | 51.3 |
| 2021 | $2.663 | $1.159 | 56.5 |
| 2022 | $3.400 | $1.234 | 63.7 |
| 2023 | $3.429 | $1.472 | 57.1 |
C. Recent cash flows and positions:
| Cash inflows |
Cash outflows |
Cash and equiv. at year end |
|
| fye June | mln | mln | mln |
| 2018 | $263.4 | $261.4 | $5.39 |
| 2019 | $102.5 | $101.8 | $6.07 |
| 2020 | $70.1 | $70.9 | $5.27 |
| 2021 | $297.1 | $295.5 | $6.88 |
| 2022 | $417.4 | $402.2 | $22.1 |
| 2023 | $289.0 | $277.9 | $10.9 |
D. Recent key ratio analysis:
| Earnings per share |
Price:Earnings ratio |
NTA/share | Dividend yield |
|
| fye June | cents | annual avg | dollars | annual avg % |
| 2018 | 23.0 | 8.7 | 2.27 | 4.23 |
| 2019 | 21.1 | 11.7 | 2.32 | 3.56 |
| 2020 | 12.9 | 19.3 | 2.39 | 3.51 |
| 2021 | 55.9 | 5.5 | 2.89 | 2.87 |
| 2022 | 53.3 | 5.1 | 3.34 | N/A |
| 2023 | (23.2) | 0.0 | 2.96 | 5.67 |
Description of trading activities
Vital Healthcare Property Trust (VHP) is managed by healthcare property managers (Northwest Healthcare Properties Management Limited) a subsidiary of a publicly listed healthcare property group based in Toronto, Canada. Globally they have an excess of $11 billion dollars. VHP’s sole purpose is on healthcare property, VHP wants to engage with Healthcare clients in their niche sector by delivering stable and growing units to clients and shareholders.
CEO profile
Aaron Hockly is currently the appointed ‘Manager’ of VHP. Hockly has a Masters in Applied Finance and a BA/LLB from the University of Auckland. He has over 20 years experience in financial services, property and law. Prior to this, Hockly was COO of an ASX listed real estate investment trust for almost 10 years. Hockley has served on the Boards of several charities in both New Zealand and Australia including Mercy Healthcare Auckland where he is currently a director and previously the Ponsonby Community Centre.
Chairman profile
Graham Stuart is currently the independent chairman of EROAD limited and an independent director and Chair of the Audit Committee at Tower. Stuart was previously CEO of Sealord Group from 2007 to 2014. He is a fellow of Chartered Accountants, Australia & NZ.
Links:
| Company website: | http://www.vitalhealthcareproperty.co.nz/ |
| Investor information: | http://www.vitalhealthcareproperty.co.nz/investors |
| NZX listing: | https://www.nzx.com/companies/VHP |
| Annual reports: | http://www.vitalhealthcareproperty.co.nz/annual-interim-reports |