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Shanghai HeartCare Medical Technology SEHK:6609 Stock Report

Last Price

HK$21.40

Market Cap

HK$816.2m

7D

7.1%

1Y

-23.4%

Updated

23 Nov, 2024

Data

Company Financials +

Shanghai HeartCare Medical Technology Corporation Limited

SEHK:6609 Stock Report

Market Cap: HK$816.2m

6609 Stock Overview

Researches, develops, manufacture, and sells neuro-interventional medical devices in Mainland China. More details

6609 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Shanghai HeartCare Medical Technology Corporation Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shanghai HeartCare Medical Technology
Historical stock prices
Current Share PriceHK$21.40
52 Week HighHK$29.80
52 Week LowHK$12.10
Beta0.69
11 Month Change7.00%
3 Month Change70.38%
1 Year Change-23.43%
33 Year Change-75.17%
5 Year Changen/a
Change since IPO-83.41%

Recent News & Updates

Even With A 42% Surge, Cautious Investors Are Not Rewarding Shanghai HeartCare Medical Technology Corporation Limited's (HKG:6609) Performance Completely

Sep 27
Even With A 42% Surge, Cautious Investors Are Not Rewarding Shanghai HeartCare Medical Technology Corporation Limited's (HKG:6609) Performance Completely

Some Shareholders Feeling Restless Over Shanghai HeartCare Medical Technology Corporation Limited's (HKG:6609) P/S Ratio

Aug 01
Some Shareholders Feeling Restless Over Shanghai HeartCare Medical Technology Corporation Limited's (HKG:6609) P/S Ratio

Recent updates

Even With A 42% Surge, Cautious Investors Are Not Rewarding Shanghai HeartCare Medical Technology Corporation Limited's (HKG:6609) Performance Completely

Sep 27
Even With A 42% Surge, Cautious Investors Are Not Rewarding Shanghai HeartCare Medical Technology Corporation Limited's (HKG:6609) Performance Completely

Some Shareholders Feeling Restless Over Shanghai HeartCare Medical Technology Corporation Limited's (HKG:6609) P/S Ratio

Aug 01
Some Shareholders Feeling Restless Over Shanghai HeartCare Medical Technology Corporation Limited's (HKG:6609) P/S Ratio

We're Not Very Worried About Shanghai HeartCare Medical Technology's (HKG:6609) Cash Burn Rate

Jan 23
We're Not Very Worried About Shanghai HeartCare Medical Technology's (HKG:6609) Cash Burn Rate

Shanghai HeartCare Medical Technology Corporation Limited (HKG:6609) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

Aug 30
Shanghai HeartCare Medical Technology Corporation Limited (HKG:6609) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

Companies Like Shanghai HeartCare Medical Technology (HKG:6609) Are In A Position To Invest In Growth

Aug 09
Companies Like Shanghai HeartCare Medical Technology (HKG:6609) Are In A Position To Invest In Growth

Companies Like Shanghai HeartCare Medical Technology (HKG:6609) Are In A Position To Invest In Growth

May 07
Companies Like Shanghai HeartCare Medical Technology (HKG:6609) Are In A Position To Invest In Growth

We're Hopeful That Shanghai HeartCare Medical Technology (HKG:6609) Will Use Its Cash Wisely

Nov 29
We're Hopeful That Shanghai HeartCare Medical Technology (HKG:6609) Will Use Its Cash Wisely

Shareholder Returns

6609HK Medical EquipmentHK Market
7D7.1%-3.5%-0.6%
1Y-23.4%-39.2%9.6%

Return vs Industry: 6609 exceeded the Hong Kong Medical Equipment industry which returned -39.2% over the past year.

Return vs Market: 6609 underperformed the Hong Kong Market which returned 9.6% over the past year.

Price Volatility

Is 6609's price volatile compared to industry and market?
6609 volatility
6609 Average Weekly Movement13.7%
Medical Equipment Industry Average Movement9.9%
Market Average Movement8.9%
10% most volatile stocks in HK Market19.0%
10% least volatile stocks in HK Market4.2%

Stable Share Price: 6609's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 6609's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
2016341Guohui Wangwww.heartcare.com.cn

Shanghai HeartCare Medical Technology Corporation Limited researches, develops, manufacture, and sells neuro-interventional medical devices in Mainland China. The company offers ischemic stroke thrombectomy devices, such as Captor thrombectomy device, and aspiration catheter and pump; intracranial stenosis treatment devices comprising intracranial drug-eluting balloon catheter and embolization protection system; hemorrhagic stroke treatment devices, including coil embolization assistant stent and flow diverter device; and ischemic stroke prevention devices, such as LAA occlude. It also provides vascular access devices comprising distal access catheter, microcatheter, balloon guiding catheter, vascular closure device, support catheter, neuro-interventional microcatheter, micro guidewire, microcatheter for coiling, microcatheter for flow diverter device, and navigation catheter.

Shanghai HeartCare Medical Technology Corporation Limited Fundamentals Summary

How do Shanghai HeartCare Medical Technology's earnings and revenue compare to its market cap?
6609 fundamental statistics
Market capHK$816.22m
Earnings (TTM)-HK$48.12m
Revenue (TTM)HK$269.92m

3.0x

P/S Ratio

-17.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6609 income statement (TTM)
RevenueCN¥251.24m
Cost of RevenueCN¥96.89m
Gross ProfitCN¥154.36m
Other ExpensesCN¥199.15m
Earnings-CN¥44.79m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.17
Gross Margin61.44%
Net Profit Margin-17.83%
Debt/Equity Ratio0%

How did 6609 perform over the long term?

See historical performance and comparison