Wenzhou Kangning Hospital Co (HKSE:02120) Scaled Net Operating Assets: 0.66 (As of Jun. 2026)

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HKSE:02120 Wenzhou Kangning Hospital Co Ltd HKSE:02120
75 GF Score
Price HK$9.33
GF Value HK$13.13
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Wenzhou Kangning Hospital Co Scaled Net Operating Assets?

Wenzhou Kangning Hospital Co HKSE:02120 +2.92% 75 Scaled Net Operating Assets is 0.66 as of Jun. 2026. GuruFocus rates HKSE:02120 with a GF Score™ of 75/100 and a GF Value™ of HK$13.13 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Wenzhou Kangning Hospital Co's operating assets for the quarter that ended in Jun. 2026 was HK$3,012 Mil. Wenzhou Kangning Hospital Co's operating liabilities for the quarter that ended in Jun. 2026 was HK$817 Mil. Wenzhou Kangning Hospital Co's Total Assets for the quarter that ended in Dec. 2025 was HK$3,342 Mil. Therefore, Wenzhou Kangning Hospital Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.66.


Wenzhou Kangning Hospital Co Scaled Net Operating Assets Historical Data

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The historical data trend for Wenzhou Kangning Hospital Co's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wenzhou Kangning Hospital Co Scaled Net Operating Assets Chart

Wenzhou Kangning Hospital Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.71 0.76 0.70 0.75

Wenzhou Kangning Hospital Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.73 0.76 0.72 0.66

HKSE:02120 vs HCA, THC, DVA: Scaled Net Operating Assets Comparison

For the Medical Care Facilities subindustry, Wenzhou Kangning Hospital Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wenzhou Kangning Hospital Co Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wenzhou Kangning Hospital Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Wenzhou Kangning Hospital Co's Scaled Net Operating Assets falls into.


HKSE:02120
75GF Score
Wenzhou Kangning Hospital Co Ltd HKSE:02120
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Wenzhou Kangning Hospital Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Wenzhou Kangning Hospital Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3008.116-596.388)/3208.304
=0.75

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3342.42 - 334.304
=3008.116

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1893.429 - 989.203 - 307.838
=596.388

Wenzhou Kangning Hospital Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Dec. 2025 )
=(3011.776-816.815)/3342.42
=0.66

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3383.32 - 371.544
=3011.776

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1855.639 - 841.371 - 197.453
=816.815

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.66 mean?
Wenzhou Kangning Hospital Co (HKSE:02120) has a Scaled Net Operating Assets of 0.66 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Wenzhou Kangning Hospital Co and its competitors.
Is Wenzhou Kangning Hospital Co's Scaled Net Operating Assets too high?
Wenzhou Kangning Hospital Co's current Scaled Net Operating Assets is 0.66. Overall, Wenzhou Kangning Hospital Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wenzhou Kangning Hospital Co's Scaled Net Operating Assets compare to HCA and THC?
Wenzhou Kangning Hospital Co's Scaled Net Operating Assets of 0.66 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & Services industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Wenzhou Kangning Hospital Co and its competitors. Wenzhou Kangning Hospital Co's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wenzhou Kangning Hospital Co stock overvalued right now?
Based on GuruFocus' analysis, Wenzhou Kangning Hospital Co (HKSE:02120) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$13.13, compared to a current price of HK$9.33 — trading 28.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.66. Wenzhou Kangning Hospital Co's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Wenzhou Kangning Hospital Co (HKSE:02120), the current Scaled Net Operating Assets is 0.66 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wenzhou Kangning Hospital Co (HKSE:02120) Overvalued in 2026?

Based on GuruFocus' analysis, Wenzhou Kangning Hospital Co stock appears to be undervalued. The current stock price of HK$9.33 is trading 28.9% below its estimated GF Value™ of HK$13.13. GuruFocus considers Wenzhou Kangning Hospital Co to be Modestly Undervalued.

Key valuation signals for HKSE:02120:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: HK$13.13 vs. price of HK$9.33 (28.9% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the HKSE:02120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wenzhou Kangning Hospital Co Business Description

Address No.1 Shengjin Road, Huanglong Residential District, Zhejiang, Wenzhou, CHN
Wenzhou Kangning Hospital Co Ltd is engaged in operating a network of healthcare facilities that focus on providing psychiatric specialty care and elderly rehabilitation service across various regions in China. It derives revenue from operating its owned hospitals consists of fees charged for outpatient visits and inpatient services at the group's various hospitals, which can be divided into treatment and general healthcare services and pharmaceutical sales, as well as variable considerations for medical services provided by the group, mainly including medical insurance settlement differences.
75GF Score

Get the complete analysis for HKSE:02120

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$9.33
Price
HK$13.13
GF Value