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OTC · Healthcare

Meihua International Medical Technologies Co., Ltd. (MHUAF)

As-reported financials and SEC filings for Meihua International Medical Technologies Co., Ltd. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Meihua International Medical Technologies Co., Ltd.

Meihua International Medical Technologies Co., Ltd. operates through its subsidiaries in the medical device industry. The company manufactures and sells medical devices and related products primarily in China. It serves medical professionals including doctors, pharmacists, and medical assistants.

Snapshot

Revenue
$61.8M
Revenue growth (YoY)
-36.2%
Net income
$6.8M
Diluted EPS
$18.04
Gross margin
31.0%
Operating margin
13.4%
Net margin
11.0%
FCF margin
0.9%
ROE
3.6%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$6.1M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Meihua International Medical Technologies

  • Revenue fell 36.2% to $62M in FY2025, after a 0.2% decline the year before.
  • Operating margin is 13.4% in FY2025, -11.8 pp against 25.2% in FY2021.
  • Free cash flow was $554254 in FY2025, 0.9% of revenue.
  • Net income fell 37.5% to $7M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Meihua International Medical Technologies’s fundamentals sit among the 88 medical device companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin31.0%
9th percentile of 77
Operating margin13.4%
78th percentile of 80
Net margin11.0%
78th percentile of 81
FCF margin0.9%
55th percentile of 74
Revenue growth (YoY)-36.2%
3rd percentile of 87
ROE3.6%
64th percentile of 79
Short interest1.20d
13th percentile of 88

Meihua International Medical Technologies’s revenue growth of -36.2% ranks in the 3rd percentile of the 87 medical device companies reporting it. Meihua International Medical Technologies’s gross margin of 31.0% ranks in the 9th percentile of the 77 medical device companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
1.1K
settled 2026-08-14
Change vs prior
-23.3%
vs previous settlement
Days to cover
1.20
at avg daily volume
Avg daily volume
872
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-141.1K-23.3%1.20
2026-07-311.4K-0.2%3.33
2026-07-151.4K-4.1%3.29
2026-06-301.4K+3.0%1.71
2026-06-151.4K-40.3%1.00
2026-05-292.3K-2.7%1.00
2026-05-152.4K+1.1%1.45
2026-04-302.4K-0.9%6.69

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$61.8M$96.9M$97.1M$103.3M$104.0M
Gross profit$19.2M$33.3M$33.2M$38.1M$39.8M
Operating income$8.3M$14.3M$14.7M$10.8M$26.3M
Net income$6.8M$10.8M$11.6M$6.2M$20.9M
Diluted EPS$18.04$39.62$48.56$0.27$1.05

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$15.2M$17.3M$16.9M$26.7M$8.1M
Current assets$153.6M$143.4M$132.2M$135.3M$97.3M
Total assets$207.2M$186.2M$171.9M$163.6M$136.9M
Current liabilities$18.3M$27.3M$25.1M$24.2M$29.1M
Long-term debt$724,932
Total liabilities$18.3M$27.3M$25.1M$24.9M$29.1M
Total equity$188.9M$159.0M$146.8M$138.7M$107.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$569,883$14.6M$2.3M$-9.2M$-54,663
Capital expenditure$15,629$133,550$1.2M$2.7M$850,231
Free cash flow$554,254$14.5M$1.1M$-11.9M$-904,894

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Company facts

ExchangeOTC
SectorHealthcare
SIC industrySurgical & Medical Instruments & Apparatus
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2020
SEC CIK1835615

Selected SEC filings

20-F2026-04-29
View on EDGAR →
20-F2025-04-25
View on EDGAR →
6-K2026-06-26
View on EDGAR →
6-K2026-03-02
View on EDGAR →
6-K2026-02-02
View on EDGAR →
6-K2026-01-23
View on EDGAR →

Largest medical device peers

All medical device stocksAll Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.