Brief Introduction

Shanghai MicroPort Endovascular MedTech (Group)Co., Ltd. ("Endovastec"), a subsidiary of MicroPort Scientific Corporation ("MicroPort"), was founded in Shanghai SIMZ Century Medicine Park in 2012. Endovastec was granted Shanghai High-tech Enterprises, Shanghai Science and Technology Little Giant Enterprise and the first batch of Specialized and New "Little Giant" Enterprise, AAA-level Credit Enterprise and Multinational R&D Center in China. Endovastec was listed on the STAR Market (Stock code: 688016) of the Shanghai Stock Exchange on July 22, 2019.

Endovastec is committed to R&D, manufacturing, and sales of aortic and peripheral vascular interventional devices, and our main products are thoracic and abdominal aortic stent graft, stent graft in surgical operation, drug coated balloon dilatation catheter, and peripheral vascular balloon dilation catheters etc. The Project of "Development and Industrialization of Key Technologies in Large Blood Vessel Stent Graft Series Products" won the second prize of National Scientific and Technological Progress Award, and the Project of "Development and Industrialization of Key Technologies in Minimally Invasive Treatment of Aortic Diseases" won the First Prize of Shanghai Science and Technology Progress Award. With its 5 self-developed products have been approved by the national "Special Approval Procedure of Innovative Medical Device", Endovastec is staying ahead in the field. Endovastec has 5 approved thoracic and abdominal aortic stent grafts products for aortic intervention, and is a company with comparatively complete product lines in subdivisions around the globe.

Company Overview

Full name Shanghai MicroPort Endovascular MedTech(Gruop) Co., Ltd.
Abbreviations Endovastec
Code 688016
Founded 2012-08-17
Listing 2019-07-22
Domicile Pudong New Area, Shanghai, China
STAR Theme Medical Apparatus and Instruments
CSRC Sector Specific Equipment Manufacturing
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 2.98 2.31 1.68
R&D expenditure as a % of operating revenue 17.72% 18.19 20.71%
Operating Revenue 470.25 333.73 231.13
Net Income 214.61 141.76 90.65

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 470.25 333.73 231.13
Operating Costs 245.73 182.49 134.43
Operating Income 249.93 164.27 104.85
Pretax Income 249.55 164.34 104.85
Income Tax 34.94 22.58 14.20
Net Income 214.61 141.76 90.65

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 1196.72 990.35 116.03
Non-current Assets-Total 179.35 165.36 152.79
Total Assets 1376.07 1155.71 268.82
Current Liabilities-Total 114.66 70.08 39.20
Non-current Liabilities-Total 27.44 19.66 13.47
Total Liabilities 142.09 89.74 52.66
Stockholder's Equity
Share Capital 71.98 71.98 71.98
Retained Profits 316.92 164.06 59.24
Total Owners' Equity 1233.97 1065.97 216.16

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 217.44 143.20 106.85
Net Cash Flows-Investing -8.67 -11.07 -24.79
Net Cash Flows-Financing -46.79 717.16 -64.00

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
MicroPort Endovascular CHINA Corp.Limited 32.9023 45.71%
Shanghai Honghao Investment Management Center (Limited Partnership) 4.5761 6.36%
Shanghai Lianmu Enterprise Management Center (Limited Partnership) 4.5208 6.28%
Shanghai Fufu Enterprise Management Consulting Center (Limited Partnership) 3.1874 4.43%
Shanghai Jiushen Equity Investment Fund Partnership (Limited Partnership) 1.9210 2.67%
Guangfa Healthcare Equity Securities Investment Fund 1.2053 1.67%
HuaXing Securities Investment Co. Ltd 0.8011 1.11%
Huaxia Shanghai Ke Chuang board 50 component exchange-traded index securities investment fund 0.7520 1.04%
Harvest Core Growth Hybrid Securities Investment Fund 0.4916 0.68%
Hui Tianfu innovative medicine theme hybrid securities investment fund 0.4803 0.67%
As of 2020-12-31

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