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Shandong Weigao Group Medical Polymer Co
(1066)
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Rating:67Neutral
Price Target:
HK$3.50
▲(0.57% Upside)
Action:Reiterated
Date:08/04/26
The score is anchored by stable but weakening financial performance—especially the sharp 2025 revenue drop and margin/ROE erosion—partly offset by a strong balance sheet. Valuation is a key support (low P/E and high dividend yield). Technicals are mixed, with modestly positive momentum signals but the price still below the 100/200-day averages.
Positive Factors
Recurring hospital consumables demand
Single-use medical consumables support repeat purchasing because hospitals use them in routine clinical procedures. This recurring, utilization-linked model can provide durable demand and revenue visibility as patient volumes, hospital activity, and procurement-list penetration develop over time.
Negative Factors
Sharp 2025 revenue contraction
The sharp 2025 revenue decline signals weakened demand, lower procurement volumes, or reduced commercial traction, even though the pack does not identify the cause. A material contraction can reduce operating leverage and make recovery in earnings dependent on restoring sustained sales growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring hospital consumables demand
Single-use medical consumables support repeat purchasing because hospitals use them in routine clinical procedures. This recurring, utilization-linked model can provide durable demand and revenue visibility as patient volumes, hospital activity, and procurement-list penetration develop over time.
Read all positive factors
Shandong Weigao Group Medical Polymer Co (1066) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$13.95B
Dividend Yield5.67%
Average Volume (3M)12.73M
Price to Earnings (P/E)8.8
Beta (1Y)1.10
Revenue Growth7.47%
EPS Growth-26.89%
CountryHK
Employees13,310
SectorHealthcare
Sector Strength45
IndustryMedical - Instruments & Supplies
Share Statistics
EPS (TTM)0.30
Shares Outstanding4,522,332,500
10 Day Avg. Volume8,382,250
30 Day Avg. Volume12,731,430
Financial Highlights & Ratios
PEG Ratio-0.54
Price to Book (P/B)0.85
Price to Sales (P/S)1.53
P/FCF Ratio11.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$4.54Price Target Upside30.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.33
Revenue Forecast (FY)HK$13.85B
Shandong Weigao Group Medical Polymer Co Business Overview & Revenue Model
Company Description
Shandong Weigao Group Medical Polymer Company Limited, founded in 2000 and situated in Weihai, People's Republic of China, specializes in the research, development, production, and distribution of disposable medical devices across mainland China. ...
How the Company Makes Money
null...
Shandong Weigao Group Medical Polymer Co Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
74
Positive
Cash Flow
62
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.50B | 13.39B | 13.09B | 13.23B | 13.62B | 13.15B |
| Gross Profit | 6.15B | 6.33B | 6.58B | 6.64B | 7.31B | 7.35B |
| EBITDA | 2.73B | 2.75B | 3.14B | 3.55B | 4.38B | 3.75B |
| Net Income | 1.37B | 1.61B | 2.07B | 2.00B | 2.76B | 2.28B |
Balance Sheet | ||||||
| Total Assets | 35.56B | 36.06B | 34.76B | 33.67B | 33.20B | 30.37B |
| Cash, Cash Equivalents and Short-Term Investments | 8.92B | 9.87B | 8.32B | 7.33B | 7.49B | 7.13B |
| Total Debt | 4.96B | 5.99B | 4.19B | 4.17B | 4.49B | 4.14B |
| Total Liabilities | 9.39B | 10.23B | 9.42B | 9.68B | 9.75B | 9.46B |
| Stockholders Equity | 24.39B | 24.12B | 23.75B | 22.45B | 21.67B | 19.27B |
Cash Flow | ||||||
| Free Cash Flow | 1.08B | 1.72B | 2.19B | 2.11B | 1.10B | 1.92B |
| Operating Cash Flow | 2.80B | 2.55B | 2.79B | 2.80B | 2.21B | 3.04B |
| Investing Cash Flow | 272.14M | -382.91M | -1.10B | -1.39B | -2.57B | -1.48B |
| Financing Cash Flow | -2.57B | -772.65M | -1.60B | -2.16B | -1.02B | -547.92M |
Shandong Weigao Group Medical Polymer Co Technical Analysis
Negative
3.48
Price Trends
3.35
Negative
3.36
Negative
4.11
Negative
Market Momentum
-0.06
Positive
32.11
Neutral
19.05
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1066, the sentiment is Negative. The current price of 3.48 is above the 20-day moving average (MA) of 3.32, above the 50-day MA of 3.35, and below the 200-day MA of 4.11, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 32.11 is Neutral, neither overbought nor oversold. The STOCH value of 19.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1066.
Shandong Weigao Group Medical Polymer Co Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$6.95B | 10.21 | 20.11% | 3.89% | 12.50% | 44.44% | |
78 Outperform | HK$3.04B | 8.78 | 10.50% | 7.32% | 16.25% | 7.80% | |
69 Neutral | HK$14.86B | 62.62 | 5.84% | 0.55% | ― | ― | |
67 Neutral | HK$13.95B | 8.78 | 5.64% | 5.67% | 7.47% | -26.89% | |
67 Neutral | HK$1.37B | 28.51 | 1.10% | 6.70% | -1.64% | -68.67% | |
64 Neutral | HK$7.20B | 24.67 | 9.64% | 0.76% | 34.94% | 12.99% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% |
* Healthcare Sector Average
HK:1066
Shandong Weigao Group Medical Polymer Co
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Shandong Weigao Group Medical Polymer Co Corporate Events
Weigao Medical Polymer Flags Regulatory Disclosure by Orthopaedic Unit in Shanghai
Aug 25, 2026
Shandong Weigao Group Medical Polymer Company Limited, a Hong Kong-listed PRC medical device maker, announced that its orthopaedic subsidiary has published a regulatory announcement on the Shanghai Stock Exchange website. The group, active in poly...
Shandong Weigao Alerts Hong Kong Investors to Shanghai Disclosure by Orthopaedic Subsidiary
Aug 25, 2026
Shandong Weigao Group Medical Polymer Company Limited has issued an overseas regulatory announcement to inform Hong Kong investors that its orthopaedic subsidiary has published an announcement on the Shanghai Stock Exchange website in accordance w...
Weigao Medical Polymer Flags Orthopaedic Unit Disclosure on Shanghai Exchange
Aug 25, 2026
Shandong Weigao Group Medical Polymer Company Limited has issued an overseas regulatory announcement in Hong Kong to alert investors that its subsidiary, Shandong Weigao Orthopaedic Device Company Limited, has published an announcement on the Shan...
Shandong Weigao’s Interim Profit Drops Despite Modest Revenue Growth
Aug 25, 2026
Shandong Weigao reported unaudited revenue of RMB6.85 billion for the six months ended 30 June 2026, up 3.1% year on year, while net profit attributable to shareholders fell 23.2% to RMB774 million as margins came under pressure. Excluding extraor...
Shandong Weigao Declares Interim Cash Dividend for First Half of 2026
Aug 25, 2026
Shandong Weigao Group Medical Polymer Company Limited has announced an interim ordinary cash dividend of RMB 0.0854 per share for the six months ended 30 June 2026, for the financial year ending 31 December 2026. The ex-dividend date is set for 21...
Weigao Medical Polymer Sets August Board Meeting to Review Interim Results and Dividend
Jul 27, 2026
Shandong Weigao Group Medical Polymer Company Limited is a Hong Kong-listed Chinese medical device maker specialising in polymer-based healthcare products. The firm supplies hospitals and clinical institutions with disposable and other medical con...
Weigao Holding Boosts Stake in Shandong Weigao Medical Polymer
Jul 14, 2026
Weigao Holding has increased its stake in Shandong Weigao Group Medical Polymer Company Limited, a Hong Kong-listed Chinese medical device maker, through open-market purchases funded with its own capital. The Group specializes in medical polymer p...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.