Company M.I.TECH Co.,Ltd

Equities

A179290

KR7179290002

Medical Equipment, Supplies & Distribution

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Sector

Sales per Business

Sales per region

EPS Revisions

Sector Medical Devices & Implants

End-of-day quote Korea S.E. Other stock markets 06:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
7,830 ^KRW	-1.88%		-0.25%	+15.83%

2023	Huons Meditech agreed to acquire Stone crusher business Division of M.I.TECH Co.,Ltd for KRW 3.5 billion.	CI
2023	Boston Scientific Corporation completed the acquisition of an additional stake in M.I.TECH Co.,Ltd from Synergy Innovation Co., Ltd.	CI

MITECH CO.,LTD. is a Korea-based company mainly engaged in the manufacturing and sale of stents. Stents include biliary, esophagus, pyloric, large intestine, duodenal stents, and stents for sample and study, among others. The Companyâs stents are sold under the brand names of CHOOSTENT and HANAROSTENT. In addition, the Company is engaged in the manufacture and sale of low frequency therapies, crushers and blood glucose meters. The Company distributes its products within the domestic market and to overseas markets.

KRW in Million	2022	Weight	2023	Weight	Delta
Medical Equipment 100.0 %	56,220	92.7 %	46,387	100.0 %	-17.49%
Stone Crusher 3.9 %	3,647	6.0 %	1,787	3.9 %	-51.00%
Adjustment -3.9 %	-	-	-1,787	-3.9 %	-

KRW in Million	2022	Weight	2023	Weight	Delta
Asia 40.5 %	21,878	36.1 %	18,797	40.5 %	-14.08%
South Korea 35.1 %	16,493	27.2 %	16,265	35.1 %	-1.38%
Europe 16.4 %	16,820	27.7 %	7,590	16.4 %	-54.88%
United States 7.5 %	3,522	5.8 %	3,476	7.5 %	-1.31%
Other 4.4 %	1,949	3.2 %	2,044	4.4 %	+4.91%
Discontinued Operations -3.9 %	-	-	-1,787	-3.9 %	-

Managers	Title	Age	Since
Jin-hyung Park CEO	Chief Executive Officer	57	-
Young-Woo Park DFI	Director of Finance/CFO	55	19-02-28
Jae-Oh Kwak SAM	Sales & Marketing	50	16-12-31
Min-Soo Jang AUD	Comptroller/Controller/Auditor	41	18-02-28

Members of the board	Title	Age	Since
Jin-hyung Park CEO	Chief Executive Officer	57	-
Ja-Hyeong Gu BRD	Director/Board Member	59	16-08-31
Young-Woo Park DFI	Director of Finance/CFO	55	19-02-28

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	32,365,678	11,919,608 ( 36.83 %)	0	36.83 %

Name	Equities	%	Valuation
SYNERGY INNOVATION CO., LTD. 52.33 %	16,900,000	52.33 %	101 M ₩
BOSTON SCIENTIFIC CORPORATION 9.847 %	3,180,000	9.847 %	19 M ₩
Jin-hyung Park 0.8980 %	290,000	0.8980 %	2 M ₩
Young-Woo Park 0.1858 %	60,000	0.1858 %	356 992 ₩
M.I. Tech Co., Ltd. ESOA 0.0188 %	6,070	0.0188 %	36 116 ₩
Dimensional Fund Advisors Ltd. 0.007413 %	2,394	0.007413 %	14 244 ₩
DFA Australia Ltd. 0.001081 %	349	0.001081 %	2 077 ₩
Jae-Oh Kwak 0.000000 %	0	0.000000 %	- ₩

Name	Equities	%	Valuation
HYTC CO., LTD 2.85%	290,440	2.85%	1,499,394 $

M.I. Tech Co., Ltd.

174 Habuk 2-gil Jinwi-myeon

17706, Pyeongtaek-si

http://www.mitech.co.kr

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7,830 KRW

Average target price

9,600 KRW

Spread / Average Target

+22.61%

Consensus

Estimates Revisions

Healthcare

Healthcare Services

Healthcare Equipment & Supplies

Medical Equipment, Supplies & Distribution

Medical Devices & Implants

	1st Jan change	Capi.
M.I.TECH CO.,LTD	+15.83%	183M
STRYKER CORPORATION	+12.37%	128B
SMITH & NEPHEW PLC	-6.77%	10.69B
IMEIK TECHNOLOGY DEVELOPMENT CO.,LTD.	+2.17%	8.93B
INSPIRE MEDICAL SYSTEMS, INC.	+18.79%	7.32B
GLAUKOS CORPORATION	+20.77%	4.82B
AXONICS, INC.	+6.97%	3.4B
ENOVIS CORPORATION	-1.41%	3.03B
BEIJING BALANCE MEDICAL TECHNOLOGY CO.,LTD.	-5.07%	2.23B
SHANGHAI MICROPORT ENDOVASCULAR MEDTECH CO., LTD.	-4.22%	2.13B

Medical Devices & Implants