company background image
SHWG.Y logo

Shandong Weigao Group Medical Polymer OTCPK:SHWG.Y Stock Report

Last Price

US$2.45

Market Cap

US$2.8b

7D

5.8%

1Y

-63.0%

Updated

18 Apr, 2024

Data

Company Financials +

Shandong Weigao Group Medical Polymer Company Limited

OTCPK:SHWG.Y Stock Report

Market Cap: US$2.8b

SHWG.Y Stock Overview

Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, wholesale, and sale of medical devices in the People’s Republic of China.

SHWG.Y fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Shandong Weigao Group Medical Polymer Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shandong Weigao Group Medical Polymer
Historical stock prices
Current Share PriceHK$2.45
52 Week HighHK$6.60
52 Week LowHK$2.26
Beta0.44
1 Month Change-2.20%
3 Month Change-18.77%
1 Year Change-62.95%
3 Year Change-70.11%
5 Year Change-37.63%
Change since IPO-67.40%

Recent News & Updates

Recent updates

Shareholder Returns

SHWG.YUS Medical EquipmentUS Market
7D5.8%-4.1%-3.7%
1Y-63.0%-2.2%20.5%

Return vs Industry: SHWG.Y underperformed the US Medical Equipment industry which returned -2.2% over the past year.

Return vs Market: SHWG.Y underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is SHWG.Y's price volatile compared to industry and market?
SHWG.Y volatility
SHWG.Y Average Weekly Movementn/a
Medical Equipment Industry Average Movement7.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: SHWG.Y's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine SHWG.Y's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
200012,519Rinan Congwww.weigaogroup.com

Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, wholesale, and sale of medical devices in the People’s Republic of China. It operates through Medical Device Products, Orthopaedic Products, Interventional Products, Pharma Packaging Products, Blood Management Products, and Others segments. The company offers vascular and non-vascular access infusion devices, infusion sets, syringes, puncture needles, specialized single-use clinical collection kits, digital products for clinical care, digestive nutrition, and primary care products; and general anesthesia consumables, local anesthesia consumables, anesthesia auxiliary consumables, ICU equipment, open and minimally invasive surgical equipment, wound healing dressings, wound suture, wound cleaning, and nonvascular catheter supporting extracorporeal devices.

Shandong Weigao Group Medical Polymer Company Limited Fundamentals Summary

How do Shandong Weigao Group Medical Polymer's earnings and revenue compare to its market cap?
SHWG.Y fundamental statistics
Market capUS$2.79b
Earnings (TTM)US$276.56m
Revenue (TTM)US$1.83b

10.1x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHWG.Y income statement (TTM)
RevenueCN¥13.23b
Cost of RevenueCN¥6.62b
Gross ProfitCN¥6.61b
Other ExpensesCN¥4.61b
EarningsCN¥2.00b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin49.97%
Net Profit Margin15.13%
Debt/Equity Ratio16.8%

How did SHWG.Y perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

38%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.