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Well Lead Medical SHSE:603309 Stock Report

Last Price

CN¥10.97

Market Cap

CN¥3.2b

7D

5.7%

1Y

-12.8%

Updated

30 Aug, 2024

Data

Company Financials +

Well Lead Medical Co., Ltd.

SHSE:603309 Stock Report

Market Cap: CN¥3.2b

603309 Stock Overview

Engages in the development, production, and sale of medical devices in anaesthesia, urology, endourology, respiratory, pain management, and hemodialysis areas worldwide.

603309 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends3/6

Well Lead Medical Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Well Lead Medical
Historical stock prices
Current Share PriceCN¥10.97
52 Week HighCN¥15.85
52 Week LowCN¥8.52
Beta-0.25
11 Month Change-3.60%
3 Month Change-7.58%
1 Year Change-12.80%
33 Year Change-4.94%
5 Year Change-14.91%
Change since IPO28.59%

Recent News & Updates

Well Lead Medical's (SHSE:603309) Solid Profits Have Weak Fundamentals

Aug 02
Well Lead Medical's (SHSE:603309) Solid Profits Have Weak Fundamentals

Recent updates

Well Lead Medical's (SHSE:603309) Solid Profits Have Weak Fundamentals

Aug 02
Well Lead Medical's (SHSE:603309) Solid Profits Have Weak Fundamentals

Shareholder Returns

603309CN Medical EquipmentCN Market
7D5.7%-1.7%-0.8%
1Y-12.8%-18.8%-13.4%

Return vs Industry: 603309 exceeded the CN Medical Equipment industry which returned -18.8% over the past year.

Return vs Market: 603309 matched the CN Market which returned -13.4% over the past year.

Price Volatility

Is 603309's price volatile compared to industry and market?
603309 volatility
603309 Average Weekly Movement5.4%
Medical Equipment Industry Average Movement5.3%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.8%
10% least volatile stocks in CN Market3.7%

Stable Share Price: 603309 has not had significant price volatility in the past 3 months.

Volatility Over Time: 603309's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19982,622Guangyuan Hanwww.wellead.com

Well Lead Medical Co., Ltd. engages in the development, production, and sale of medical devices in anaesthesia, urology, endourology, respiratory, pain management, and hemodialysis areas worldwide. It manufactures and sells urology products, including Foley catheter, Nelaton catheters, urine collection products, and accessories; endourology products, such as the ClearPetra family system, ureterorenoscope, guide wires, ureteral stent, and stone retrieval basket; anesthesia products, comprising endotracheal tubes, intubation accessories, laryngeal masks, endobronchial tubes, tracheostomy tubes, anesthesia breathing circuits and accessories, and nasopharyngeal and oropharyngeal airway products; respiratory products, including oxygen and aerosol therapy products, and capnography mask and cannula products; drainage/suction/gastroenterology products, such as drainage systems, Yankauer handles, suction catheters, and stomach and feeding tubes; hemodialysis blood tubing set; home care products, including male external catheter and Convicath intermittent catheter; and ambulatory infusion pump for pain management. The company was founded in 1998 and is headquartered in Guangzhou, China.

Well Lead Medical Co., Ltd. Fundamentals Summary

How do Well Lead Medical's earnings and revenue compare to its market cap?
603309 fundamental statistics
Market capCN¥3.19b
Earnings (TTM)CN¥206.46m
Revenue (TTM)CN¥1.41b

15.6x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603309 income statement (TTM)
RevenueCN¥1.41b
Cost of RevenueCN¥782.04m
Gross ProfitCN¥629.95m
Other ExpensesCN¥423.50m
EarningsCN¥206.46m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.70
Gross Margin44.61%
Net Profit Margin14.62%
Debt/Equity Ratio34.2%

How did 603309 perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

70%

Payout Ratio