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Cryofocus Medtech (Shanghai) SEHK:6922 Stock Report

Last Price

HK$7.98

Market Cap

HK$1.9b

7D

10.1%

1Y

-53.1%

Updated

02 Sep, 2024

Data

Company Financials

Cryofocus Medtech (Shanghai) Co., Ltd.

SEHK:6922 Stock Report

Market Cap: HK$1.9b

6922 Stock Overview

A medical device company, develops, produces, and sells minimally-invasive interventional cryotherapy products in the People’s Republic of China.

6922 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Cryofocus Medtech (Shanghai) Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cryofocus Medtech (Shanghai)
Historical stock prices
Current Share PriceHK$7.98
52 Week HighHK$19.50
52 Week LowHK$5.00
Beta0
11 Month Change1.14%
3 Month Change25.08%
1 Year Change-53.11%
33 Year Changen/a
5 Year Changen/a
Change since IPO-54.81%

Recent News & Updates

Is Cryofocus Medtech (Shanghai) (HKG:6922) Using Too Much Debt?

Sep 02
Is Cryofocus Medtech (Shanghai) (HKG:6922) Using Too Much Debt?

Recent updates

Is Cryofocus Medtech (Shanghai) (HKG:6922) Using Too Much Debt?

Sep 02
Is Cryofocus Medtech (Shanghai) (HKG:6922) Using Too Much Debt?

We're Not Very Worried About Cryofocus Medtech (Shanghai)'s (HKG:6922) Cash Burn Rate

Jan 10
We're Not Very Worried About Cryofocus Medtech (Shanghai)'s (HKG:6922) Cash Burn Rate

Cryofocus Medtech (Shanghai) (HKG:6922) Is In A Good Position To Deliver On Growth Plans

Oct 03
Cryofocus Medtech (Shanghai) (HKG:6922) Is In A Good Position To Deliver On Growth Plans

Companies Like Cryofocus Medtech (Shanghai) (HKG:6922) Are In A Position To Invest In Growth

May 30
Companies Like Cryofocus Medtech (Shanghai) (HKG:6922) Are In A Position To Invest In Growth

Shareholder Returns

6922HK Medical EquipmentHK Market
7D10.1%-0.3%-1.0%
1Y-53.1%-45.8%-0.6%

Return vs Industry: 6922 underperformed the Hong Kong Medical Equipment industry which returned -44% over the past year.

Return vs Market: 6922 underperformed the Hong Kong Market which returned 2.7% over the past year.

Price Volatility

Is 6922's price volatile compared to industry and market?
6922 volatility
6922 Average Weekly Movement5.8%
Medical Equipment Industry Average Movement7.0%
Market Average Movement6.3%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 6922 has not had significant price volatility in the past 3 months.

Volatility Over Time: 6922's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013392Jun Zhuwww.cryofocus.com

Cryofocus Medtech (Shanghai) Co., Ltd., a medical device company, develops, produces, and sells minimally-invasive interventional cryotherapy products in the People’s Republic of China. The company develops products in the areas of vascular interventional therapy for the treatment of atrial fibrillation, hypertension, and other cardiovascular diseases; and natural orifice transluminal endoscopic surgery for the treatment of urinary, respiratory, and digestive diseases. Its products include Bladder Cryoablation System, a cryotherapy device for the treatment of non-muscle-invasive bladder cancer; pulmonary nodule localization needle for CT-guided localization of lung nodules; endoscopic clip for anastomosis for the closure of soft tissue in digestive tract; and laparoscopic single port multi-channel access platform for laparoscopic surgery.

Cryofocus Medtech (Shanghai) Co., Ltd. Fundamentals Summary

How do Cryofocus Medtech (Shanghai)'s earnings and revenue compare to its market cap?
6922 fundamental statistics
Market capHK$1.91b
Earnings (TTM)-HK$116.47m
Revenue (TTM)HK$45.50m

41.9x

P/S Ratio

-16.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6922 income statement (TTM)
RevenueCN¥41.51m
Cost of RevenueCN¥9.82m
Gross ProfitCN¥31.70m
Other ExpensesCN¥137.95m
Earnings-CN¥106.25m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.44
Gross Margin76.35%
Net Profit Margin-255.97%
Debt/Equity Ratio15.9%

How did 6922 perform over the long term?

See historical performance and comparison