Microport Scientific Stock

Microport Scientific P/S 2024

Microport Scientific P/S

1.22

Ticker

853.HK

ISIN

KYG608371046

WKN

A1C5AB

As of Dec 29, 2024, Microport Scientific's P/S ratio stood at 1.22, a -63.91% change from the 3.38 P/S ratio recorded in the previous year.

The Microport Scientific P/S history

Microport Scientific Aktienanalyse

What does Microport Scientific do?

Microport Scientific Corp is a leading company in the field of medical device manufacturing based in Shanghai, China. The company was founded in 1998 and has since experienced strong growth. The origins of Microport Scientific Corp are in China, where the company manufactures medical devices such as orthopedic products, stent-like implants for the treatment of cardiovascular diseases, and cardiac rhythm management devices. Today, the company is also active international and present in more than 70 countries. The business strategy of Microport Scientific Corp is focused on the development and offering of high-quality, innovative medical technologies. The company pursues a multidisciplinary research and development strategy with the aim of developing a wide range of medical devices and instruments. The products of Microport Scientific Corp are used in numerous specialized areas of the healthcare industry, such as cardiology, orthopedics, and minimally invasive surgery. The company operates in two main business segments - the medical technology division and the pharmaceutical division. The medical technology division of Microport Scientific Corp manufactures a wide range of medical devices, including artificial joints, pacemakers and defibrillators, cardiac catheters and balloon catheters, wires and guiding catheters for minimally invasive procedures, and other products. The company places great emphasis on utilizing the latest technology in each product line to ensure high quality and efficiency in every product. The pharmaceutical division of Microport Scientific Corp has focused on the development of pharmaceuticals. The company is working on developing and commercializing new pharmaceutical technologies to contribute to the health of people worldwide. Microport Scientific Corp's focus in the pharmaceutical sector lies in the manufacturing of medications for the treatment of cancer, cardiovascular diseases, and neurological diseases. In recent times, Microport Scientific Corp has also ventured into the field of intelligent healthcare solutions. The intelligent devices and applications developed by the company are aimed at improving healthcare for patients and increasing efficiency for doctors and nursing staff. An example of a product from Microport Scientific Corp is the Magmaris Magnesium Bioresorbable Stent for the treatment of coronary heart disease. It was designed to address the issue of long-term limitations with conventional metal titanium-coated stent implants. The bioresorbability of the stent prevents the problem of restenotic complications over an extended period. Another product from Microport Scientific Corp is the Firehawk Rapamycin-Eluting Coronary Stent for the treatment of cardiovascular diseases. The catheter made with this stent has a three-dimensional structure that ensures improved contact of the stent with the arterial wall and faster healing of the stent. Microport Scientific Corp is a company specialized in the development and manufacturing of medical devices and solutions. The company has consistently risen to the challenges in medical device technology and takes pride in offering a wide range of state-of-the-art products. With the increasing prevalence and growing importance of the healthcare industry, the products and services of Microport Scientific Corp are a valuable resource for a growing number of customers and patients. Microport Scientific ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Microport Scientific's P/S Ratio

Microport Scientific's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Microport Scientific's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Microport Scientific's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Microport Scientific’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Microport Scientific stock

What is the price-to-earnings ratio of Microport Scientific?

The price-earnings ratio of Microport Scientific is currently 1.22.

How has the price-earnings ratio of Microport Scientific changed compared to last year?

The price-to-earnings ratio of Microport Scientific has increased by -63.91% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Microport Scientific high compared to other companies?

Yes, the price-to-earnings ratio of Microport Scientific is high compared to other companies.

How does an increase in the price-earnings ratio of Microport Scientific affect the company?

An increase in the price-earnings ratio of Microport Scientific would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Microport Scientific affect the company?

A decrease in the price-earnings ratio of Microport Scientific would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Microport Scientific?

Some factors that influence the price-earnings ratio of Microport Scientific are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Microport Scientific pay?

Over the past 12 months, Microport Scientific paid a dividend of 0.04 USD . This corresponds to a dividend yield of about 5.26 %. For the coming 12 months, Microport Scientific is expected to pay a dividend of -0.07 USD.

What is the dividend yield of Microport Scientific?

The current dividend yield of Microport Scientific is 5.26 %.

When does Microport Scientific pay dividends?

Microport Scientific pays a quarterly dividend. This is distributed in the months of June, July, July, July.

How secure is the dividend of Microport Scientific?

Microport Scientific paid dividends every year for the past 0 years.

What is the dividend of Microport Scientific?

For the upcoming 12 months, dividends amounting to -0.07 USD are expected. This corresponds to a dividend yield of -9.08 %.

In which sector is Microport Scientific located?

Microport Scientific is assigned to the 'Health' sector.

Wann musste ich die Aktien von Microport Scientific kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Microport Scientific from 8/18/2021 amounting to 0.043 USD, you needed to have the stock in your portfolio before the ex-date on 6/28/2021.

When did Microport Scientific pay the last dividend?

The last dividend was paid out on 8/18/2021.

What was the dividend of Microport Scientific in the year 2023?

In the year 2023, Microport Scientific distributed 0 USD as dividends.

In which currency does Microport Scientific pay out the dividend?

The dividends of Microport Scientific are distributed in USD.

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Andere Kennzahlen von Microport Scientific

Our stock analysis for Microport Scientific Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Microport Scientific Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.