Saint Bella

Saint Bella

Maternal and baby care center operator.

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DateInvestorsAmountRound
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2.1x EV/Revenue

-2.7x EV/EBITDA

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1.8x EV/Revenue

-5.0x EV/EBITDA

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HKD722m

IPO
Total Funding000k

Financials

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Revenues, earnings & profits over time
CNY2021202220232024
Revenues0000000000000000
% growth-82 %19 %43 %
EBITDA0000000000000000
% EBITDA margin(38 %)(78 %)(36 %)(64 %)
Profit0000000000000000
% profit margin(46 %)(86 %)(43 %)(68 %)
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000
R&D % of revenue3 %3 %2 %2 %

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Saint Bella Inc., established in 2017 by founder Danny Xiang (also known as Xiang Hua), operates as a premium postpartum care and family wellness group. Xiang, an Oxford-trained biomedical engineer, transitioned from a career in investment banking at UBS, where he focused on the healthcare sector, to address a gap in the Chinese market for standardized, high-quality postpartum care that catered to both physical and psychological well-being. Observing the fragmented nature of the industry, he founded PrimeCare International, Saint Bella's parent company, in 2016 before launching the Saint Bella brand.

The company targets high-net-worth and affluent families with a suite of services that modernize traditional Chinese postpartum confinement practices, known as "Zuo Yuezi." Its business model is centered on an asset-light strategy, forming partnerships with luxury hotels such as The Peninsula, Waldorf Astoria, and Four Seasons to provide its services in premium settings. This approach avoids the significant capital investment of building its own facilities and allows for rapid scalability. Revenue is generated primarily through its postpartum centers, with packages costing between approximately $20,700 and $48,300 for a month of services. Other revenue streams include in-home care services and the sale of women's functional foods through its acquired brand, GuangHeTang.

Saint Bella operates a multi-brand portfolio to cater to different market segments. The flagship Saint Bella brand offers the most luxurious tier of services, while Baby Bella targets young, middle-class families, and Bella ISLA focuses on women's psychological health. The core offering includes 24-hour one-to-one nursing care, scientifically developed postpartum menus, and a proprietary "Art Therapy" program designed to support the emotional well-being of new mothers. The company has expanded its services to cover the entire family lifecycle, including childcare, elderly care, and beauty treatments. Since its inception, Saint Bella has attracted significant investment from major players like Tencent, China Life, and Swire Properties, completing multiple Series C funding rounds. The company has expanded internationally, with locations in Singapore and the United States, and recently filed for an IPO on the Hong Kong Stock Exchange.

Keywords: postpartum care, maternity services, family wellness, luxury hospitality, asset-light model, high-net-worth clients, Chinese postpartum confinement, Zuo Yuezi, Danny Xiang, PrimeCare International, Baby Bella, Bella ISLA, GuangHeTang, hotel partnerships, family care services, maternal health, infant care, wellness consumer market, Hong Kong IPO, venture capital

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