Wenzhou Kangning Hospital Co Ltd
HKEX:2120

Watchlist Manager
Wenzhou Kangning Hospital Co Ltd Logo
Wenzhou Kangning Hospital Co Ltd
HKEX:2120
Watchlist
Price: 9.2 HKD -1.08% Market Closed
Market Cap: HK$665.7m

P/B

0.5
Current
24%
Cheaper
vs 3-y average of 0.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.5
=
Market Cap
HK$623m
/
Total Equity
¥1.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.5
=
Market Cap
HK$623m
/
Total Equity
¥1.2B

Valuation Scenarios

Wenzhou Kangning Hospital Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (0.6), the stock would be worth HK$12.07 (31% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+416%
Average Upside
215%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.5 HK$9.2
0%
3-Year Average 0.6 HK$12.07
+31%
5-Year Average 0.7 HK$12.6
+37%
Industry Average 2.3 HK$43.95
+378%
Country Average 2.4 HK$47.45
+416%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 94% of companies in China
Percentile
6th
Based on 7 605 companies
6th percentile
0.5
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Wenzhou Kangning Hospital Co Ltd
Glance View

Market Cap
665.7m HKD
Industry
Health Care

Wenzhou Kangning Hospital Co., Ltd. engages in the management of network of healthcare facilities, which focuses on the provision of psychiatric specialty care. The company is headquartered in Wenzhou, Zhejiang and currently employs 3,763 full-time employees. The company went IPO on 2015-11-19. The firm's main businesses include the provision of general medical services such as diagnosis and treatment, inpatient and outpatient services through the Company's own hospitals, and the sale of drugs. The firm is engaged in the operation and management of hospital facilities such as Wenzhou Kangning Hospital, Cangnan Kangning Hospital, Yueqing Kangning Hospital, geriatric hospitals and etc.

Intrinsic Value
22.35 HKD
Undervaluation 59%
Intrinsic Value
Price HK$9.2
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett