Wenzhou Kangning Hospital Co Ltd

Chart & Performance

D1W1MN

P/E

9.67

P/S

0.52

EPS

1.21

Div Yield, %

3.66%

Shrs. gr., 5y

0.42%

Rev. gr., 5y

16.43%

Revenues

1.60b

+7.50%

Net income

86m

CFO

265m

+16.64%

Dividend

Oct 16, 20240.16597 HKD/sh

Earnings

Mar 26, 2025

Profile

Wenzhou Kangning Hospital Co., Ltd. operates and manages a network of healthcare facilities in the People's Republic of China. It primarily focuses on providing psychiatric specialty care. The company also provides property leasing and sale services; and software and information technology services, as well as hospital management, forensic authentication, and medical services. It is also engaged in pharmaceutical retail. The company was formerly known as Wenzhou City Kangning Psychiatric Rehabilitation Hospital and changed its name to Wenzhou Kangning Hospital Co., Ltd. in October 2014. Wenzhou Kangning Hospital Co., Ltd. was founded in 1996 and is headquartered in Wenzhou, the People's Republic of China.

URL

http://www.knhosp.cn/

IPO date

Nov 19, 2015

Employees

4,652

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,596,266 7.50%	1,484,903 14.45%	1,297,430 25.81%
Cost of revenue	1,286,152	1,239,297	1,048,142
Unusual Expense (Income)
NOPBT	310,114	245,606	249,288
NOPBT Margin	19.43%	16.54%	19.21%
Operating Taxes	12,250	26,574	54,831
Tax Rate	3.95%	10.82%	21.99%
NOPAT	297,864	219,033	194,457
Net income	85,948		44,036 -21.04%
Dividends	(32,397)
Dividend yield	3.22%
Proceeds from repurchase of equity	(21,278)
BB yield	2.11%
Debt
Debt current	335,666	252,016	302,291
Long-term debt	912,842	759,434	774,458
Deferred revenue	8,734	9,038	9,342
Other long-term liabilities	108,657	42,405	1
Net debt	618,125	533,692	692,354
Cash flow
Cash from operating activities	265,033	227,221	193,896
CAPEX	(179,732)
Cash from investing activities	(215,017)
Cash from financing activities	96,107	116,178	33,833
FCF	265,928	290,308	(2,247)
Balance
Cash	426,212	281,736	198,735
Long term investments	204,171	196,022	185,660
Excess cash	550,570	403,513	319,523
Stockholders' equity	529,698	432,425	394,523
Invested Capital	2,005,218	1,754,789	1,745,646
ROIC	15.84%	12.51%	11.91%
ROCE	12.01%	11.17%	11.84%
EV
Common stock shares outstanding	74,600	74,600	74,600
Price	13.50		21.00 -24.60%
Market cap	1,007,104		1,566,606 -23.91%
EV	1,768,370		2,330,976
EBITDA	423,664	359,817	353,873
EV/EBITDA	4.17		6.59
Interest	39,936	45,150	36,268
Interest/NOPBT	12.88%	18.38%	14.55%