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Last $4.41 HKD
Change Today -0.02 / -0.45%
Volume 1.5M
853 On Other Exchanges
Hong Kong
As of 4:01 AM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

microport scientific corp (853) Snapshot

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52 Week High
04/25/14 - $5.98
52 Week Low
01/19/15 - $3.09
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Current Stock Chart for MICROPORT SCIENTIFIC CORP (853)

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microport scientific corp (853) Details

MicroPort Scientific Corporation, a medical technology company, through its subsidiaries, develops, manufactures, and sells interventional medical devices in the People’s Republic of China. It operates through seven segments: Cardiovascular Devices, Endovascular Devices, Neurovascular Devices, Electrophysiology Devices, Orthopedic Devices, Diabetes Care and Endocrinal Management, and Surgical Management. The Cardiovascular Devices segment develops, manufactures, and sells coronary stents and related delivery systems, as well as balloon catheters and accessories. The Endovascular Devices segment offers products and therapies to treat abdominal and thoracic aortic aneurysms and peripheral vascular disease. This segment’s endovascular devices include AAA/TAA stent graft systems; Hercules balloon dilation catheters; surgical stent graft systems; and peripheral stent systems. The Neurovascular Devices segment develops, manufactures, and markets medical devices for treating the central nervous system related vascular diseases. This segment’s products include WILLIS, an intracranial stent graft system. The Electrophysiology Devices segment develops, manufactures, and markets minimally invasive medical devices for the treatment of electrophysiological diseases. The Orthopedics Devices segment develops, manufactures, and markets instruments and implants for treating orthopedic conditions. The Diabetes Care and Endocrinal Management segment develops, manufactures, monitors, and manages medical devices for the treatment of diabetes and endocrinal. The Surgical Management segment specializes in extracorporeal circulation and cardiovascular-related devices. This segment’s products consist of membrane oxygenation system, Amender PDA Occluder, and Amender ASD Occluder. The company has operations primarily in the People’s Republic of China, rest of Asia, South America, and Europe. MicroPort Scientific Corporation was founded in 1998 and is headquartered in Shanghai, China.

2,903 Employees
Last Reported Date: 03/31/15
Founded in 1998

microport scientific corp (853) Top Compensated Officers

Founder, Chairman of the Board, Chief Executi...
Total Annual Compensation: CNY4.1M
Compensation as of Fiscal Year 2013.

microport scientific corp (853) Key Developments

Microport Scientific Corporation Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

MicroPort Scientific Corporation reported audited consolidated earnings results for the year ended December 31, 2014. For the year, the company's turnover was $355,284,000 compared to $151,655,000 a year ago. Such increase was primarily attributable to the increase of the sales of orthopedics devices arising from the acquisition of the OrthoRecon business. Loss from operations was $39,366,000 compared to profit from operations of 34,217,000 a year ago. Loss before taxation was $53,514,000 compared to profit before taxation of $33,162,000 a year ago. Loss for the year was $59,571,000 compared to profit of $23,997,000 a year ago. Loss attributable to equity shareholders of the Company was $59,461,000 compared to profit attributable to equity shareholders of the Company of $23,997,000 a year ago. Such decrease was primarily due to the consolidation of the newly acquired OrthoRecon business which incurred a net loss of $54.2 million, including transaction and transitional expenses of $10.4 million, goodwill impairment of $23.3 million for the year ended 31 December 2014 and interest expense of $13.0 million for the year ended 31 December 2014 for the interest-bearing borrowings made and the convertible bonds issued for the payment of the acquisition of the OrthoRecon business. Excluding the impacts, the remaining business of the Group recorded a net profit of $30.9 million for the year ended 31 December 2014. Diluted loss per share was 4.27 cents compared to earnings of 1.67 cents a year ago. In addition, during the year, the Group's total capital expenditure amounted to approximately $62.1 million, which was used in construction of building, acquiring equipment and machinery and capitalisation of R&D projects expenses.

MicroPort Scientific Corporation, 2014 Earnings Call, Apr 02, 2015

MicroPort Scientific Corporation, 2014 Earnings Call, Apr 02, 2015

MicroPort Scientific Corporation to Report Fiscal Year 2014 Final Results on Mar 31, 2015

MicroPort Scientific Corporation announced that they will report fiscal year 2014 final results on Mar 31, 2015


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