Shandong Weigao Group Medical Polymer Company Limited (SHWGY)
Shandong Weigao Group Medical Polymer Company Limited operates in the Medical - Instruments & Supplies industry of the Healthcare sector, headquartered in Weihai, SD, CN. The stock last traded at $1.60, up 0.00% on the session, giving a market capitalisation of $1.80B. On trailing twelve-month figures it carries a trailing P/E of 8.34, a net margin of 12.0%. Its beta of 0.37 implies it has historically moved less than the broad market.
Shandong Weigao Group Medical Polymer Company Limited, established in 2000 and based in Weihai, People's Republic of China, is primarily engaged in the research, development, manufacturing, and distribution of disposable medical products within the PRC and for export. The company operates through several specialized divisions: Medical Device Products, Orthopaedic Products, Interventional Products, Pharma Packaging Products, Blood Management Products, and other related ventures. Its comprehensive product range includes a vast array of single-use clinical items such as vascular and non-vascular access devices (e.g., infusion sets, syringes, various puncture needles), along with specialized collection kits. It also provides solutions for wound care, encompassing sutures, dressings, and cleaning products, as well as support systems for nonvascular catheters used in extracorporeal procedures. In the critical area of blood management, Shandong Weigao supplies equipment for blood collection, storage, separation, and sterilization, in addition to prefilled and flush syringes, and devices for blood collection and glucose testing. Furthermore, its portfolio extends to anesthesia consumables for general, local, and auxiliary applications, intensive care unit (ICU) equipment, and surgical instruments designed for both open and minimally invasive operations. The company also produces orthopedic devices, interventional tools for treating tumors and vascular conditions, various implantation materials, artificial organs, and medical-grade packaging components like PVC granules, plastic bags, and carton boxes. Industrial automation equipment, parts, molds, and hemodialysis apparatus, spanning Type I, Type II, and Type III medical devices, are also part of their extensive offerings. Beyond its core manufacturing activities, the company diversifies into finance leasing and factoring, wholesale distribution of specific medical and surgical disposables, asset management, and offers enterprise consulting and management advisory services, alongside logistics and storage solutions. Its products are marketed under well-known brands such as Jierui, Wego Ortho, Yahua, Bangde, and Hai Xing, serving a broad client base including hospitals, blood banks, other medical facilities, and independent distributors.
Shandong Weigao Group Medical Polymer Company Limited is most often compared with the following Healthcare names: