Company MGI Tech Co., Ltd.

Equities

688114

CNE100005PC8

Advanced Medical Equipment & Technology

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sales per region

Ratings for MGI Tech Co., Ltd.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Advanced Medical Equipment & Technology

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-05-08 pm EDT			5-day change	1st Jan Change
61.51 ^CNY	+2.86%		+5.69%	-28.49%

Apr. 29	MGI Tech Showcases Life Science Excellence At ESCMID Global 2024 with Latest DNBSEQ-E25 Sequencer	CI
Apr. 28	MGI Tech Co. Ltd. Opens Customer Experience Center in Brazil	CI

MGI Tech Co Ltd is a China-based company mainly engaged in the research and development, production and sales of related products such as instruments and equipment, reagents and consumables. The Company is mainly engaged in three businesses. The gene sequencer business mainly includes the development of small and medium-sized desktop sequencers and large and ultra-large sequencers, and the establishment of a full range of multi-model product matrix to meet the needs of users in different application scenarios. The laboratory automation business mainly includes the development of automated sample processing systems, laboratory automation pipelines, sample processing reagent consumables and other laboratory automation products. The new business mainly includes cytomic solutions, remote ultrasound robots and bioinformation Technology (BIT) products.

Number of employees: 2,867

CNY in Million	2022	Weight	2023	Weight	Delta
Gene Sequencer 78.7 %	1,758	41.6 %	2,291	78.7 %	+30.31%
New Business and Other 12.3 %	1,200	28.4 %	358	12.3 %	-70.20%
Laboratory Automation 7.5 %	1,248	29.5 %	218	7.5 %	-82.51%
Other 1.5 %	24	0.6 %	44	1.5 %	+84.12%

CNY in Million	2022	Weight	2023	Weight	Delta
China, Hong Kong, Macau and Taiwan 64.9 %	2,700	64.2 %	1,861	64.9 %	-31.07%
Europe and Africa 14.6 %	691	16.4 %	418	14.6 %	-39.44%
Asia Pacific 13.7 %	532	12.7 %	391	13.7 %	-26.47%
Americas 6.8 %	284	6.7 %	196	6.8 %	-30.84%

Managers	Title	Age	Since
Feng Mou CEO	Chief Executive Officer	46	16-03-31
Bo Liu DFI	Director of Finance/CFO	55	19-11-30
De Jian Yu PSD	President	56	18-06-30
Hui Jiang COO	Chief Operating Officer	42	17-02-28
Ming Gu BRD	Director/Board Member	32	18-04-25
Wei Wei SEC	Corporate Secretary	43	20-02-29

Members of the board	Title	Age	Since
Xiang Liang Yang BRD	Director/Board Member	57	23-09-19
Jian Hua Wang CHM	Chairman	70	20-06-22
Huai Bin Xu BRD	Director/Board Member	67	22-12-26
Feng Mou CEO	Chief Executive Officer	46	16-03-31
Xun Xu BRD	Director/Board Member	40	16-03-31
De Jian Yu PSD	President	56	18-06-30
Yan Mei Zhu BRD	Director/Board Member	52	19-06-30
Yi Kun Liu BRD	Director/Board Member	40	20-03-31
Jing Wu BRD	Director/Board Member	40	20-04-30
Ming Gu BRD	Director/Board Member	32	18-04-25

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	415,637,624	124,573,770 ( 29.97 %)	1,439,953 ( 0.3464 %)	29.97 %

Name	Equities	%	Valuation
CITIC Private Equity Funds Management Co Ltd 12.38 %	26,378,788	12.38 %	216 M ¥
Tibet Zhiyan Venture Capital Partnership LP 6.608 %	14,079,074	6.608 %	115 M ¥
IDG Capital Partners Co., Ltd. 4.986 %	10,623,146	4.986 %	87 M ¥
Wuhan Donghu New Tech Development Zone Regulatory Commis 4.749 %	10,117,282	4.749 %	83 M ¥
Sharp Vantage Ltd. 4.657 %	9,922,720	4.657 %	81 M ¥
Shanghai Growth-FOF Co. Ltd. 3.480 %	7,414,560	3.480 %	61 M ¥
Huatai Zijin Investment Co., Ltd. 3.106 %	6,617,755	3.106 %	54 M ¥
Wanjia Asset Management Co., Ltd. 2.394 %	5,100,000	2.394 %	42 M ¥
China Renaissance Partners 2.006 %	4,274,691	2.006 %	35 M ¥
Aegon-Industrial Fund Management Co., Ltd. 1.402 %	2,987,518	1.402 %	24 M ¥

MGI Tech Co., Ltd.

2/F, Building 11, Comprehensive Bldg Beishan Industrial Zone

518083, Shenzhen

+86 40 0068 8114

http://www.mgi-tech.com

Trading Rating

Investor Rating

ESG Refinitiv

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Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

61.51 CNY

Average target price

83.09 CNY

Spread / Average Target

+35.08%

Consensus

Estimates Revisions

Company calendar

Healthcare

Healthcare Services

Healthcare Equipment & Supplies

Advanced Medical Equipment & Technology

Other Advanced Medical Equipment & Technology

	1st Jan change	Capi.
MGI TECH CO., LTD.	-28.49%	3.51B
THERMO FISHER SCIENTIFIC	+8.88%	221B
DANAHER CORPORATION	+8.68%	186B
INTUITIVE SURGICAL, INC.	+14.25%	137B
BOSTON SCIENTIFIC CORPORATION	+28.18%	109B
EDWARDS LIFESCIENCES CORPORATION	+14.65%	52.68B
SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.	+4.48%	50.86B
AGILENT TECHNOLOGIES, INC.	+4.39%	42.53B
GE HEALTHCARE TECHNOLOGIES INC.	+7.00%	37.76B
RESMED, INC.	+26.06%	31.86B

Other Advanced Medical Equipment & Technology