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Mehow Innovative Ltd
SZSE:301363

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Mehow Innovative Ltd
SZSE:301363
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Price: 32.99 CNY 0.4% Market Closed
Market Cap: ¥18.8B

Gross Margin

39.2%
Current
Declining
by 1.4%
vs 3-y average of 40.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
39.2%
=
Gross Profit
¥640.5m
/
Revenue
¥1.6B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
39.2%
=
Gross Profit
¥640.5m
/
Revenue
¥1.6B

Peer Comparison

Country Company Market Cap Gross
Margin
CN
Mehow Innovative Ltd
SZSE:301363
18.8B CNY
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US
Abbott Laboratories
NYSE:ABT
200.9B USD
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US
Intuitive Surgical Inc
NASDAQ:ISRG
178.7B USD
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US
Stryker Corp
NYSE:SYK
146.6B USD
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IE
Medtronic PLC
NYSE:MDT
123.3B USD
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US
Boston Scientific Corp
NYSE:BSX
110.5B USD
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DE
Siemens Healthineers AG
XETRA:SHL
47.7B EUR
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US
IDEXX Laboratories Inc
NASDAQ:IDXX
52.2B USD
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US
Becton Dickinson and Co
NYSE:BDX
50.3B USD
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US
Edwards Lifesciences Corp
NYSE:EW
49.3B USD
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US
GE Healthcare Technologies Inc
NASDAQ:GEHC
38.2B USD
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Market Distribution

Higher than 75% of companies in China
Percentile
75th
Based on 8 314 companies
75th percentile
39.2%
Low
-2 148% — 14.3%
Typical Range
14.3% — 34.6%
High
34.6% — 775.2%
Distribution Statistics
China
Min -2 148%
30th Percentile 14.3%
Median 23%
70th Percentile 34.6%
Max 775.2%

Mehow Innovative Ltd
Glance View

Market Cap
18.8B CNY
Industry
Health Care

Nestled in the nexus of China's thriving manufacturing sector, Mehow Innovative Ltd. emerged as a beacon of ingenuity in medical device manufacturing. Founded in 2005, the company has harnessed its expertise in precision engineering and cutting-edge technology to create an array of medical devices that improve patient care across global markets. Specializing in research, development, and production, Mehow Innovative has established itself as a pivotal player, fusing sophisticated technology with practical application. Its manufacturing prowess, centered in Shenzhen, benefits from China's robust supply chains and skilled workforce, enabling the company to produce cost-effective and high-quality medical solutions. Revenue for Mehow Innovative Ltd. flows from its strategic focus on the ODM (Original Design Manufacturer) and OEM (Original Equipment Manufacturer) segments, serving an array of clients who rely on the company’s ability to deliver tailored solutions. By partnering with leading healthcare firms, Mehow ensures a steady stream of business, offering customized product development that spans diagnostic, therapeutic, and monitoring devices. Furthermore, its commitment to stringent quality standards and compliance with international certifications fortifies its position in the competitive landscape, ensuring the trust and loyalty of a wide client base. Through innovation and reliability, Mehow not only survives but thrives in the ever-evolving arena of medical device manufacturing, leaving its mark on healthcare systems worldwide.

Intrinsic Value
22.98 CNY
Overvaluation 30%
Intrinsic Value
Price
M
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
39.2%
=
Gross Profit
¥640.5m
/
Revenue
¥1.6B
What is Mehow Innovative Ltd's current Gross Margin?

The current Gross Margin for Mehow Innovative Ltd is 39.2%, which is below its 3-year median of 40.6%.

How has Gross Margin changed over time?

Over the last 3 years, Mehow Innovative Ltd’s Gross Margin has decreased from 42.4% to 39.2%. During this period, it reached a low of 38.5% on Jun 30, 2024 and a high of 43.5% on Jun 30, 2023.

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