MicroPort NeuroTech Limited logo

MicroPort NeuroTech Limited

2172.HK

HKSEHealthcareMedical - Devices

Latest quote

HK$8.485

−HK$0.195 · -2.25%

Aug 24, 4:08 PM HKT

2172.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Established in 2004 and headquartered in Shanghai, People's Republic of China, MicroPort NeuroTech Limited is dedicated to the research, development, manufacturing, and global commercialization of neuro-interventional medical devices. The company's diverse product portfolio addresses various cerebrovascular conditions. For treating hemorrhagic stroke, it offers the NUMEN coil embolization system, the NUMEN FR coil detachment system, the Tubridge flow-diverting stent, the Willis intracranial stent graft system, and the Rebridge intracranial visualized stent. Additionally, MicroPort NeuroTech supplies the APOLLO intracranial arterial stent system for intracranial atherosclerotic disease, as well as the Bridge rapamycin target eluting vertebral artery stent system specifically designed for cerebral atherosclerotic stenosis. To address acute ischemic stroke, the company provides the Neurohawk stent thrombectomy device and the Tigertriever adjustable stent retriever.

Industry
Medical - Devices
Sector
Healthcare
Headquarters
CN
CEO
Zhiyong Xie
Listed since
Jul 15, 2022
Employees
547

Market position

Day range

Current HK$8.485

52-week range

Current HK$8.485

Open
HK$8.68
Previous close
HK$8.68
Volume
973K
0.41× average
Average volume
2.4M
Average daily volume
Market cap
4.94B HKD
Beta
-0.05
Market reference 1
50-day average
HK$9.4118
-9.85% below average
200-day average
HK$10.5421
-19.51% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.98B CNY
P/E (TTM)
22.68×
P/B (TTM)
2.32×
P/S (TTM)
5.4×
EV / EBITDA
14.69×
Earnings yield
3.22%
Free cash flow yield
2.77%
Dividend yield
1.65%

Profitability & efficiency

Gross margin
73.46%
Operating margin
37.67%
Net margin
23.35%
Return on equity
9.99%
Return on assets
8.52%
Return on invested capital
11.25%

Financial health

Debt / equity
0.01×
Current ratio
6.01×
Altman Z-score
11.04
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends86%53%21%-12%Gross margin, FY2021: 77.94%Gross margin, FY2022: 71.80%Gross margin, FY2023: 76.89%Gross margin, FY2024: 72.98%Gross margin, FY2025: 73.46%Operating margin, FY2021: 22.13%Operating margin, FY2022: 22.24%Operating margin, FY2023: 33.02%Operating margin, FY2024: 42.90%Operating margin, FY2025: 34.41%Net margin, FY2021: 6.31%Net margin, FY2022: -3.98%Net margin, FY2023: 21.87%Net margin, FY2024: 33.37%Net margin, FY2025: 23.34%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 77.94%. Gross margin FY2022 71.80%. Gross margin FY2023 76.89%. Gross margin FY2024 72.98%. Gross margin FY2025 73.46%. Operating margin FY2021 22.13%. Operating margin FY2022 22.24%. Operating margin FY2023 33.02%. Operating margin FY2024 42.90%. Operating margin FY2025 34.41%. Net margin FY2021 6.31%. Net margin FY2022 -3.98%. Net margin FY2023 21.87%. Net margin FY2024 33.37%. Net margin FY2025 23.34%.

Income trends

Revenue

770.02M CNY+1.08%

Operating income

264.98M CNY-18.92%

Net income

179.73M CNY-29.28%
Income trends across reported periods849.2M CNY532.49M CNY215.77M CNY−100.94M CNYRevenue, FY2021: 382.8M CNYRevenue, FY2022: 547.35M CNYRevenue, FY2023: 665.62M CNYRevenue, FY2024: 761.76M CNYRevenue, FY2025: 770.02M CNYOperating income, FY2021: 84.73M CNYOperating income, FY2022: 121.72M CNYOperating income, FY2023: 219.82M CNYOperating income, FY2024: 326.82M CNYOperating income, FY2025: 264.98M CNYNet income, FY2021: 24.17M CNYNet income, FY2022: −21.77M CNYNet income, FY2023: 145.55M CNYNet income, FY2024: 254.17M CNYNet income, FY2025: 179.73M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 382.8M CNY. Revenue FY2022 547.35M CNY. Revenue FY2023 665.62M CNY. Revenue FY2024 761.76M CNY. Revenue FY2025 770.02M CNY. Operating income FY2021 84.73M CNY. Operating income FY2022 121.72M CNY. Operating income FY2023 219.82M CNY. Operating income FY2024 326.82M CNY. Operating income FY2025 264.98M CNY. Net income FY2021 24.17M CNY. Net income FY2022 −21.77M CNY. Net income FY2023 145.55M CNY. Net income FY2024 254.17M CNY. Net income FY2025 179.73M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue770.02M CNY761.76M CNY665.62M CNY547.35M CNY382.8M CNY
Cost of goods sold204.33M CNY205.84M CNY153.83M CNY154.35M CNY84.45M CNY
Gross profit565.69M CNY555.93M CNY511.79M CNY393M CNY298.35M CNY
Research and development75.9M CNY96.48M CNY165.13M CNY123.27M CNY94.13M CNY
Selling, general, and administrative230.79M CNY188.3M CNY166.87M CNY154.46M CNY116.47M CNY
Operating expenses300.71M CNY229.11M CNY291.97M CNY271.29M CNY213.63M CNY
Interest income15.2M CNY15.87M CNY16.57M CNY9.97M CNY3.96M CNY
Interest expense1.56M CNY3.53M CNY3.46M CNY99.28M CNY45.2M CNY
Depreciation and amortization74.02M CNY40.64M CNY56.09M CNY42.18M CNY31.72M CNY
Operating income264.98M CNY326.82M CNY219.82M CNY121.72M CNY84.73M CNY
Net income179.73M CNY254.17M CNY145.55M CNY−21.77M CNY24.17M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 0 misses, 1 met estimate
Average EPS surprise
0.00%
1 comparable report
Latest EPS result
0.18

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.310.240.170.1Q1 '23No estimateQ3 '23MetQ1 '24No estimateQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q1 2023, reported Mar 29, 2023: actual 0.14, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 0.119, estimate 0.119, surprise 0.00%, Met estimate. Q1 2024, reported Mar 27, 2024: actual 0.154, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 0.269, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 0.2, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 0.175, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 25, 2026: actual 0.178, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates472.22M416.53M360.85M305.16MQ1 '23No estimateQ3 '23MetQ1 '24No estimateQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q1 2023, reported Mar 29, 2023: actual 383.06M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 323.33M HKD, estimate 323.33M HKD, surprise 0.00%, Met estimate. Q1 2024, reported Mar 27, 2024: actual 404.47M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 438.61M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 376.78M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 419.61M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 25, 2026: actual 454.05M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.16

2025 complete year-15.8% since 2024

2026 partial: HK$0.09

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 2, 2026

HK$0.09

Semi-Annual

Record Jul 3, 2026 · Payment Aug 21, 2026

Dividend

Ex-dividend Sep 10, 2025

HK$0.05

Semi-Annual

Record Sep 12, 2025 · Payment Sep 26, 2025

Dividend

Ex-dividend Jul 2, 2025

HK$0.11

Semi-Annual

Record Jul 4, 2025 · Payment Aug 22, 2025

Dividend

Ex-dividend Sep 10, 2024

HK$0.08

Semi-Annual

Record Sep 11, 2024 · Payment Sep 26, 2024

Dividend

Ex-dividend Jun 28, 2024

HK$0.11

Semi-Annual

Record Jul 2, 2024 · Payment Aug 22, 2024

2172.HK peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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