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Acotec Scientific Holdings Limited (HK:6669)
:6669

Acotec Scientific Holdings Limited (6669) AI Stock Analysis

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HK

Acotec Scientific Holdings Limited

(Frankfurt:6669)

Rating:71Outperform
Price Target:
HK$10.00
▲(13.64%Upside)
The company's strong financial performance, backed by robust revenue growth and a healthy balance sheet, is the most significant factor. Positive technical indicators also contribute to a favorable outlook. However, the high P/E ratio suggests potential overvaluation, which slightly offsets the overall score.

Acotec Scientific Holdings Limited (6669) vs. iShares MSCI Hong Kong ETF (EWH)

Acotec Scientific Holdings Limited Business Overview & Revenue Model

Company DescriptionAcotec Scientific Holdings Limited is a company primarily engaged in the development, manufacturing, and marketing of interventional medical devices. The company specializes in products designed for minimally invasive procedures, with a focus on the cardiovascular and peripheral vascular sectors. Acotec leverages its proprietary technologies to offer innovative solutions that enhance patient care and improve clinical outcomes.
How the Company Makes MoneyAcotec Scientific Holdings Limited generates revenue through the sale of its medical devices, which are distributed to hospitals, clinics, and healthcare providers. The company's key revenue streams include direct sales of its proprietary products and possibly licensing agreements or partnerships with other medical device companies. Acotec's earnings are influenced by factors such as product innovation, regulatory approvals, and strategic partnerships that help expand its market reach. Additionally, the company may engage in research and development collaborations to enhance its product offerings and maintain a competitive edge in the medical device industry.

Acotec Scientific Holdings Limited Financial Statement Overview

Summary
Acotec Scientific Holdings shows strong revenue growth and a healthy balance sheet with low leverage. However, the company faces challenges with profitability margins and cash flow trends, indicating areas for improvement in operational efficiency and cash flow stabilization.
Income Statement
75
Positive
Acotec Scientific Holdings has demonstrated solid revenue growth, with a notable increase from the previous year, indicating a positive growth trajectory. The gross profit margin remains robust, reflecting strong operational efficiency. However, the net profit margin and EBIT margin are relatively constrained, suggesting room for improvement in cost management and operational leverage.
Balance Sheet
80
Positive
The company's balance sheet is healthy, with a strong equity position and a low debt-to-equity ratio, highlighting financial stability and low leverage risk. The equity ratio is high, indicating effective asset management. However, there is limited information on return on equity due to inconsistent net income figures in previous years.
Cash Flow
60
Neutral
Acotec Scientific Holdings' cash flow statement indicates challenges, with operating and free cash flows showing negative trends in recent years. However, the company managed to improve its cash position significantly. The lack of available data on free cash flow growth rates limits further analysis.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue523.12M533.99M473.85M395.55M303.81M193.97M
Gross Profit399.51M402.72M377.42M336.35M265.94M163.78M
EBITDA35.01M112.48M70.54M91.17M-51.02M-24.66M
Net Income32.08M52.28M14.49M70.14M-79.08M-44.29M
Balance Sheet
Total Assets1.71B1.66B1.61B1.41B1.31B272.94M
Cash, Cash Equivalents and Short-Term Investments927.21M809.57M879.21M986.46M1.14B147.10M
Total Debt259.67M202.92M234.00M47.78M24.57M41.41M
Total Liabilities371.93M312.76M314.53M134.46M100.17M553.95M
Stockholders Equity1.34B1.35B1.30B1.28B1.21B-281.01M
Cash Flow
Free Cash Flow-54.90M5.31M-92.54M-115.45M-31.72M-27.39M
Operating Cash Flow27.34M102.79M-12.88M-68.75M-10.48M-8.77M
Investing Cash Flow-300.33M45.02M-319.22M-49.17M-20.48M-17.73M
Financing Cash Flow17.53M-35.24M-23.21M-32.87M1.02B142.52M

Acotec Scientific Holdings Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price8.80
Price Trends
50DMA
7.83
Positive
100DMA
7.37
Positive
200DMA
7.21
Positive
Market Momentum
MACD
0.07
Negative
RSI
60.59
Neutral
STOCH
66.07
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6669, the sentiment is Positive. The current price of 8.8 is above the 20-day moving average (MA) of 7.76, above the 50-day MA of 7.83, and above the 200-day MA of 7.21, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 60.59 is Neutral, neither overbought nor oversold. The STOCH value of 66.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6669.

Acotec Scientific Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
HK$2.70B46.713.90%10.44%238.85%
60
Neutral
HK$1.46B-1.28%17.45%85.71%
56
Neutral
$3.16B5.05-5.68%5.76%8.05%-41.83%
51
Neutral
€4.27B-10.43%36.76%42.89%
50
Neutral
HK$1.16B-27.82%-6.12%0.43%
47
Neutral
HK$2.12B-2.19%5.32%89.43%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6669
Acotec Scientific Holdings Limited
8.80
1.00
12.82%
HK:6609
Shanghai Heartcare Medical Technology Corp. Ltd. Class H
37.55
21.35
131.79%
HK:2500
Venus Medtech (Hangzhou), Inc. Class H
2.58
-3.04
-54.09%
HK:2160
MicroPort CardioFlow Medtech Corp.
0.89
0.05
5.95%
HK:9996
Peijia Medical Ltd.
6.47
4.19
183.77%

Acotec Scientific Holdings Limited Corporate Events

Acotec Scientific Holdings Limited Successfully Concludes AGM with All Resolutions Passed
Jun 30, 2025

Acotec Scientific Holdings Limited announced that all resolutions proposed at its Annual General Meeting (AGM) held on June 30, 2025, were successfully passed by shareholders through a poll. The resolutions included the adoption of the company’s audited financial statements for 2024, the re-election of certain directors, and the re-appointment of KPMG as auditors. This successful AGM indicates strong shareholder support and stability in the company’s governance, potentially reinforcing its market position and stakeholder confidence.

Acotec Scientific Holdings Limited Establishes Nomination Committee
Jun 27, 2025

Acotec Scientific Holdings Limited has outlined the terms of reference for its Nomination Committee, established to identify and recommend suitable candidates for the company’s board of directors. The committee, consisting mainly of independent non-executive directors, will ensure the selection process aligns with applicable laws and regulations, potentially impacting the company’s governance and strategic direction.

Acotec Scientific Gains Approval for New High-Pressure Balloon Catheter
Jun 25, 2025

Acotec Scientific Holdings Limited has received approval from the PRC National Medical Products Administration for its Peripheral High-pressure Balloon Dilation Catheter, Armoni-HP®. This product is designed for use in percutaneous transluminal angioplasty in peripheral blood vessels and post-stent dilation, offering a high-strength fiber-composite design to ensure optimal clinical performance. The approval marks a significant step in the company’s product development, potentially enhancing its market position in the PRC healthcare sector.

Acotec Scientific Holdings Announces 2025 Annual General Meeting
Jun 5, 2025

Acotec Scientific Holdings Limited, a company incorporated in the Cayman Islands, has announced its annual general meeting scheduled for June 30, 2025, in Beijing. The meeting will address several key resolutions, including the adoption of the company’s audited financial statements for 2024, the re-election of directors, and the re-appointment of KPMG as auditors. Additionally, the board will seek approval to allot and issue additional shares and securities, which could impact the company’s capital structure and shareholder value.

Acotec Scientific Gains Approval for Innovative Catheter in China
Jun 4, 2025

Acotec Scientific Holdings Limited announced that it has received approval from the PRC National Medical Products Administration for its Vertebral Artery Paclitaxel-coated Balloon Dilatation Catheter, AcoArt Verbena®. This product is designed for percutaneous transluminal angioplasty in patients with significant vertebral artery stenosis. Clinical trials have shown its efficacy and safety, with a notable reduction in restenosis rates compared to control groups. This approval marks a significant advancement in the treatment of vertebral artery stenosis, potentially reducing the risk of stroke. The company plans to initiate marketing activities in the PRC market, although successful commercialization is not guaranteed.

Acotec Scientific Receives Approval for New Medical Device in China
May 30, 2025

Acotec Scientific Holdings Limited announced that it has received registration approval from the PRC National Medical Products Administration for its Peripheral Thrombus Separation Stent. This device is designed to enhance the efficiency of vascular interventional procedures by facilitating the removal of obstructive embolic materials, thus reducing procedural complexity and time. The company plans to initiate marketing activities in the PRC market when appropriate, although there is no guarantee of successful market penetration.

Acotec Scientific Gains Approval for New Vascular Device in China
May 29, 2025

Acotec Scientific Holdings Limited announced that it has received approval from the PRC National Medical Products Administration for its new product, the E-Peridge® Peripheral Scoring Balloon Dilatation Catheter. This device is designed to aid in the pre-dilation of stenotic lesions in peripheral vessels, enhancing vessel preparation for subsequent treatments. The approval marks a significant step in Acotec’s product development and market expansion efforts in China, although the company cautions that successful marketing of the product is not guaranteed.

Acotec Scientific Gains Approval for Innovative Thrombus Treatment Device
May 9, 2025

Acotec Scientific Holdings Limited announced the approval of its Intelligent Aspiration Sensing Connector by the Beijing Municipal Medical Products Administration. This device, designed to enhance the efficiency of thrombus aspiration procedures through artificial intelligence, is expected to strengthen Acotec’s position in the peripheral thrombus treatment market. The company plans to initiate marketing activities in the PRC market, although successful commercialization is not guaranteed.

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.Date of analysis: Jun 27, 2025