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Micro-Tech (Nanjing) Co., Ltd. (688029.SS)

CNY78.97 +3.69 (+4.90%)
CN SHH Healthcare Medical - Instruments & Supplies
Address No. 10, Gaoke Third Road 210032
Nanjing, CN
CEO Derong Leng
IPO 2019-07-22
ISIN CNE100003MG1

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Description

Micro-Tech (Nanjing) Co., Ltd. is a key manufacturer and global supplier of non-vascular stents and disposable biopsy forceps. The company's primary markets span China, Europe, North America, and Oceania. Its extensive product portfolio includes specialized gastroenterology devices such as longwire and shortwire biliary stents, biopsy instruments, dilation and hemostasis products, EUS tools, nitinol stents, resection devices, retrieval systems, and related accessories. For pulmonology, offerings comprise airway stents, biopsy tools, dilation balloons, cytology brushes, retrieval devices, and additional accessories. Beyond its own product lines, Micro-Tech also provides original equipment manufacturing (OEM) and original design manufacturing (ODM) services to other medical device firms. Founded in 1999, the company is headquartered in Nanjing, China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY78.97 +3.69 (+4.90%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.26
Float Shares
101.98M
Free Float %
54.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.49% +1.88% -3.66% -0.75% +3.50% +0.43% +21.67% -10.09% -59.35% +3.76% +3.76%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
78.97
DCF (Unlevered) 155.20 +96.5%
DCF (Levered) 149.25 +89.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
12.53
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
9 / 10
Strong MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers ★ Strong MOAT
  • Revenue growth Medical - Instruments & Supplies: +7.9%
    +15.8% Q1'26: +22.1% (vs Q1'25)
  • EPS growth Medical - Instruments & Supplies: +16.3%
    +3.4% Q1'26: -9.3% (vs Q1'25)
  • FCF margin FCF growth · Medical - Instruments & Supplies: +27.1%
    +16.4% Q1'26: -0.1% (vs Q1'25)
  • EBIT margin Medical - Instruments & Supplies: +13.5%
    +21.7% Q1'26: +21.4% (vs Q1'25)
  • ROIC Medical - Instruments & Supplies: +6.0%
    +19.9% Q1'26: +17.2% (vs Q1'25)
  • Share dilution Medical - Instruments & Supplies: +0.1%
    -0.3% Q1'26: +0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Medical - Instruments & Supplies: -0.24×
    0.30× Q1'26: 0.04× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.32) × ERP
WACC = 99% × Ke + 1% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 155.20 Current price: 78.97
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
6 Rev. Ana.
6 EPS Ana.
Dec 2027
7 Rev. Ana.
7 EPS Ana.
Dec 2028
5 Rev. Ana.
5 EPS Ana.
Revenue
1.31B
est: 1.28B (+2.5%)
1.33B
est: 1.35B (-1.4%)
1.95B
est: 1.91B (+1.8%)
1.98B
est: 1.98B (+0.0%)
2.41B
est: 2.60B (-7.2%)
2.76B
est: 2.76B (-0.2%)
3.19B
est: 3.23B (-1.1%)
3.72B
3.68B – 3.79B
+15.1% YoY
4.32B
4.11B – 4.70B
+16.2% YoY
5.01B
4.98B – 5.03B
+16.0% YoY
EBITDA
384.25M
est: 254.70M (+50.9%)
331.72M
est: 268.67M (+23.5%)
418.62M
est: 381.90M (+9.6%)
426.77M
est: 395.48M (+7.9%)
632.57M
est: 620.91M (+1.9%)
732.24M
est: 659.76M (+11.0%)
753.91M
est: 771.17M (-2.2%)
887.81M
879.02M – 906.84M
+15.1% YoY
1.03B
981.10M – 1.12B
+16.2% YoY
1.20B
1.19B – 1.20B
+16.0% YoY
EBIT
364.65M
est: 226.14M (+61.3%)
305.30M
est: 238.55M (+28.0%)
382.01M
est: 339.07M (+12.7%)
374.50M
est: 351.13M (+6.7%)
573.28M
est: 563.06M (+1.8%)
670.83M
est: 598.29M (+12.1%)
692.50M
est: 699.33M (-1.0%)
805.10M
797.13M – 822.35M
+15.1% YoY
935.40M
889.70M – 1.02B
+16.2% YoY
1.09B
1.08B – 1.09B
+16.0% YoY
Net Income
303.60M
est: 284.78M (+6.6%)
260.76M
est: 271.73M (-4.0%)
324.75M
est: 336.89M (-3.6%)
330.59M
est: 327.25M (+1.0%)
485.92M
est: 532.09M (-8.7%)
553.23M
est: 559.33M (-1.1%)
570.11M
est: 555.85M (+2.6%)
642.15M
601.95M – 664.92M
+15.5% YoY
793.05M
693.28M – 894.66M
+23.5% YoY
921.96M
844.14M – 948.06M
+16.3% YoY
SGA
453.42M
est: 473.83M (-4.3%)
493.56M
est: 499.82M (-1.3%)
732.23M
est: 710.45M (+3.1%)
738.24M
est: 735.72M (+0.3%)
894.41M
est: 849.04M (+5.3%)
1.01B
est: 902.17M (+11.8%)
472.72M
est: 1.05B (-55.2%)
1.21B
1.20B – 1.24B
+15.1% YoY
1.41B
1.34B – 1.54B
+16.2% YoY
1.64B
1.63B – 1.64B
+16.0% YoY
EPS
1.90
est: 1.52 (+25.1%)
1.40
est: 1.45 (-3.4%)
1.74
est: 1.80 (-3.1%)
1.77
est: 1.75 (+1.4%)
2.59
est: 2.84 (-8.8%)
2.95
est: 2.94 (+0.3%)
3.05
est: 3.10 (-1.5%)
3.39
3.22 – 3.56
+9.4% YoY
4.03
3.71 – 4.79
+18.8% YoY
4.79
4.52 – 5.07
+18.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 5/5 4/5 5/5 4/5 2/5 2/5
2026-05-28 A 4/5 5/5 4/5 5/5 4/5 2/5 2/5
2026-05-27 A 4/5 5/5 4/5 5/5 4/5 2/5 2/5
2026-05-26 A 4/5 5/5 4/5 5/5 4/5 2/5 2/5
2026-05-25 A 4/5 5/5 4/5 5/5 4/5 2/5 2/5
2026-05-22 A- 4/5 3/5 4/5 5/5 4/5 2/5 2/5
2026-05-21 A- 4/5 3/5 4/5 5/5 4/5 2/5 2/5
2026-05-20 A- 4/5 3/5 4/5 5/5 4/5 2/5 2/5
2026-05-19 A- 4/5 3/5 4/5 5/5 4/5 2/5 2/5
2026-05-18 A- 4/5 3/5 4/5 5/5 4/5 2/5 2/5
2026-05-15 A- 4/5 3/5 4/5 5/5 4/5 2/5 2/5
2026-05-14 A- 4/5 3/5 4/5 5/5 4/5 2/5 2/5
2026-05-13 A- 4/5 3/5 4/5 5/5 4/5 2/5 2/5
2026-05-12 A- 4/5 3/5 4/5 5/5 4/5 2/5 2/5
2026-05-11 A- 4/5 3/5 4/5 5/5 4/5 2/5 2/5
2026-05-08 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-07 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-06 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-04-30 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-04-29 A- 4/5 3/5 4/5 5/5 3/5 3/5 2/5
2026-04-28 C+ 2/5 3/5 4/5 1/5 1/5 2/5 2/5
2026-04-27 B- 3/5 5/5 4/5 1/5 1/5 2/5 2/5
2026-04-24 B- 3/5 5/5 4/5 1/5 1/5 2/5 2/5
2026-04-23 B- 3/5 5/5 4/5 1/5 1/5 2/5 2/5
2026-04-22 B- 3/5 5/5 4/5 1/5 1/5 2/5 2/5
2026-04-21 B- 3/5 5/5 4/5 1/5 1/5 2/5 2/5
2026-04-20 B- 3/5 5/5 4/5 1/5 1/5 2/5 2/5
2026-04-17 B- 3/5 5/5 4/5 1/5 1/5 2/5 2/5
2026-04-16 B- 3/5 5/5 4/5 1/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
408.11M
OE per share TTM
2.19
Owner's Yield
2.65%
Maintenance CapEx ratio
49.44%
Maint CapEx / Avg PPE
22.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 25 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 VanEck - China New Economy ETF CNEW.AX 0.85% 601.3K 0.95%
2 Dimensional Emerging Markets Sustainability Core 1 ETF DFSE 0.00% 28.3K 0.44%
3 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 209.8K 0.39%
4 Schwab Emerging Markets Equity ETF SCHE 0.00% 184.0K 0.06%
5 Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating VFEA.L 0.00% 79.3K 0.17%
6 Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L 0.00% 79.3K 0.17%
7 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 120.0K 0.29%
8 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 38.5K 0.26%
9 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 17.1K 0.48%
10 Vanguard FTSE Emerging Markets ETF VWO 0.00% 1.90M 0.06%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
281.0K
Shares Outstanding
186.61M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Bo Zhang Senior Vice President & Director male
Changqing Li Executive President & Director male
Chenwei Rui Senior Vice President, Chief Financial Officer & Chief Accountant male
Daniel Kuhn Senior Vice President male
Derong Leng President & Director male
Feng Zhang Senior Vice President male
Gong Xingliang Vice President & Secretary of the Board male
Jian Yu Wei Senior Chief Engineer male
Jiefeng Xi Chief Scientist and Senior Director of R&D male
Ning Li Director of Quality & Regulatory Affairs female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits