Guangzhou Kingmed Diagnostics Group Co Ltd Class A
603882: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.$ZlDx<? | LOCK|Pf | LOCK|YKh!$F |
China Independent Clinical Laboratories' Results Miss, but Our Long-Term View Is Unchanged
Adicon's first-half revenue declined 13.3% and KingMed's declined 22.8%. Consequently, Adicon's adjusted operating margin of 7.1% and KingMed's 5.0% are both around 600 basis points less than last year due to lower average selling prices and operating leverage.
