Brief Introduction

APT, a leading manufacturer and supplier of EP and Vascular Intervention medical devices, is committed to advance the interventional medical field utilizing technologies and innovations.

From its inception in 2002, APT is persistent in continuous investment in R&D, which lays the foundation for the success and continued expansion of our technology and growing market share. APT has been collaborating with clinicians, universities, and hospitals to develop innovative products and solutions that empower clinicians to improve patient care. APT's growing product portfolio covers Electrophysiology, Cardiology, Peripheral, and Neuro intervention. Including Electrophysiology Mapping Catheter, Ablation Catheter, The Electrophysiology Recording System, Transseptal Needle and Sheath. In the cardiology and peripheral interventional fields, we have Hemostasis Introducer, Hydrophilic Guidewire, Hydrophilic Angiographic Catheter, PTCA guidewire, PTCA balloon catheter, Guiding catheter, Guiding extension catheter, Aspiration catheter, Microcatheter, etc.

In the Electrophysiology field, we are the first domestic manufacturer in China to obtain market access for the clinical application of Electrophysiological Catheter, Steerable Ablation Catheter, Floating Temporary Pacing Catheter, which extremely advanced the development of the Electrophysiology field in China. In the field of vascular intervention, the Guide Extension Catheter and Thin-walled Sheath are the only products approved for marketing in China.

By the end of 2020, the company has a total of 70 domestic and foreign patents,including 41 domestic invention patents and 2 foreign invention patents. Meanwhile, it has 37 domestic medical device registration certificates or filing certificates, of which 33 are Class III medical devices. We also have 14 CE certificates and completed the registration in more than 10 other countries and regions.

In 2020, the company's market share has been further increased, APT's products cover 31 provincesand more than 1300 medical centers in China, and has been sold to 85 countries and regions, including Europe, Asia Pacific, Middle East, and Latin America. APT is dedicated to being a leader in the interventional field while protecting the health of humanity.

Company Overview

Full name APT Medical Inc.
Abbreviations APT
Code 688617
Founded 2002-06-17
Listing 2021-01-07
Domicile Room 601, Building B, Tongfang Information Port, No.11 Langshan Road, Nanshan District, Shenzhen, P.R. of China
Website http://www.aptmed.com/
Email ir@aptmed.com
STAR Theme Biopharmaceutical and specialized equipment manufacturing
CSRC Sector Specialized Equipment Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 2.22 1.65 0.43
R&D expenditure as a % of operating revenue 15.00 17.43 22.08
Operating Revenue 479,436,312.40 403,963,580.32 241,722,809.86
Net Income 104,194,846.75 78,075,293.91 16,674,769.22

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 479.44 403.96 241.77
Operating Costs 142.13 117.89 75.48
Operating Income 119.45 92.09 23.60
Pretax Income 121.21 91.36 23.21
Income Tax 17.02 13.28 6.54
Net Income 104.19 78.08 16.67

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 350.26 274.34 207.21
Non-current Assets-Total 238.45 286.69 118.61
Total Assets 588.71 561.03 325.82
Liabilities
Current Liabilities-Total 109.41 101.46 48.51
Non-current Liabilities-Total 29.21 113.67 6.62
Total Liabilities 138.62 215.13 55.12
Stockholder's Equity
Share Capital 50.00 50.00 29.44
Retained Profits 238.91 139.74 121.47
Total Owners' Equity 450.09 345.90 270.70

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 148.24 54.90 18.63
Net Cash Flows-Investing 0.73 -68.02 -28.61
Net Cash Flows-Financing -101.62 -3.23 20.90

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Zhenghui Cheng 16.69 25.03%
Ling Cheng 5.00 7.50%
Qiming Weichuang (Shanghai) Private Equity Investment Centre L.P. 2.81 4.22%
QM33 LIMITED 2.75 4.12%
Shenzhen Huishen Enterprise Management Center (Limited Partnership) 2.50 3.75%
Suzhou Industrial Park Qihua III Investment Centre L.P. 2.27 3.40%
Suzhou Industrial Park Qiming Rongke Equity Investment L.P. 2.20 3.30%
Suzhou Qiming Chuangzhi Equity Investment L.P. 2.19 3.28%
Nantong Fuxing Enterprise Management Center (Limited Partnership) 2.12 3.18%
Yiqing Xu 2.00 3.00%
As of 2020-12-31

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