Wenzhou Kangning Hospital Co., Ltd. (HKG:2120)

Hong Kong · Delayed Price · Currency is HKD

8.12

+0.09 (1.12%)

Jul 31, 2026, 3:27 PM HKT

Wenzhou Kangning Hospital Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,620	1,620	1,654	1,596	1,485	1,297
Revenue Growth	3.57%	-2.09%	3.64%	7.50%	14.45%	31.18%
Gross Profit	407.62	407.62	427.48	399.3	344.88	321.27
Operating Income	145.93	145.93	146.37	150.87	83.1	105.7
Net Income	54.4	54.4	65.61	85.95	-24.22	44.04
Earnings Per Share	0.76	0.76	0.88	1.15	-0.32	0.59
EPS Growth	8.75%	-14.09%	-23.48%	-	-	-21.33%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	302.61	302.61	269.69	426.21	281.74	198.73
Total Debt	1,263	1,263	1,243	1,128	955.45	814.97
Net Cash (Debt)	-960.12	-960.12	-973.57	-701.61	-673.72	-616.24
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-13.34	-13.34	-13.11	-9.40	-9.03	-8.26

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	439.97	439.97	99.64	265.03	227.22	193.9
Capital Expenditures	-189.51	-189.51	-192.18	-179.73	-236.91	-178.54
Free Cash Flow	250.46	250.46	-92.54	85.3	-9.69	15.36
Free Cash Flow Growth	8364.31%	-	-	-	-	31.28%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	25.16%	25.16%	25.84%	25.01%	23.23%	24.76%
Operating Margin	9.01%	9.01%	8.85%	9.45%	5.60%	8.15%
Pretax Margin	4.27%	4.27%	4.12%	6.21%	1.05%	7.38%
Profit Margin	3.36%	3.36%	3.97%	5.38%	-1.63%	3.39%
FCF Margin	15.46%	15.46%	-5.59%	5.34%	-0.65%	1.18%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Aug '26 Aug 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.581	0.500	0.450	0.400
Dividend Per Share Growth	14.48%	11.11%	12.50%	-
Dividend Yield	7.16%	6.02%	4.32%	3.77%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	9.45	11.11	12.62	10.64	-	28.03
Forward PE	-	7.66	7.66	7.66	7.66	14.04
P/FCF Ratio	2.46	2.41	-	10.72	-	80.35
PS Ratio	0.29	0.37	0.50	0.57	0.54	0.95