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

Hong Kong · Delayed Price · Currency is HKD

10.90

-0.10 (-0.91%)

Oct 14, 2026, 11:53 AM 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	Jun '26 Jun 30, 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
Revenue	1,711	1,620	1,654	1,596	1,485	1,297
Revenue Growth	5.61%	-2.09%	3.64%	7.50%	14.45%	31.18%
Gross Profit	422.97	407.62	427.48	399.3	344.88	321.27
Operating Income	141.46	145.93	146.37	150.87	83.1	105.7
Net Income	51.64	54.4	65.61	85.95	-24.22	44.04
Earnings Per Share	0.73	0.76	0.88	1.15	-0.32	0.59
EPS Growth	-3.58%	-14.09%	-23.48%	-	-	-21.33%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Cash & Investments	321.21	302.61	269.69	426.21	281.74	198.73
Total Debt	1,198	1,263	1,243	1,128	955.45	814.97
Net Cash (Debt)	-876.85	-960.12	-973.57	-701.61	-673.72	-616.24
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-12.38	-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	Jun '26 Jun 30, 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
Operating Cash Flow	353	439.97	99.64	265.03	227.22	193.9
Capital Expenditures	-154.31	-189.51	-192.18	-179.73	-236.91	-178.54
Free Cash Flow	198.69	250.46	-92.54	85.3	-9.69	15.36
Free Cash Flow Growth	-20.67%	-	-	-	-	31.28%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Gross Margin	24.73%	25.16%	25.84%	25.01%	23.23%	24.76%
Operating Margin	8.27%	9.01%	8.85%	9.45%	5.60%	8.15%
Pretax Margin	2.98%	4.27%	4.12%	6.21%	1.05%	7.38%
Profit Margin	3.02%	3.36%	3.97%	5.38%	-1.63%	3.39%
FCF Margin	11.61%	15.46%	-5.59%	5.34%	-0.65%	1.18%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Oct '26 Oct 14, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.584	0.500	0.450	0.400
Dividend Per Share Growth	9.54%	11.11%	12.50%	-
Dividend Yield	5.36%	6.16%	4.41%	3.85%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 14, 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	13.07	11.11	12.62	10.64	-	28.03
Forward PE	-	7.66	7.66	7.66	7.66	14.04
P/FCF Ratio	3.28	2.41	-	10.72	-	80.35
PS Ratio	0.38	0.37	0.50	0.57	0.54	0.95