Summary by Moomoo AI
Shanghai Micro-Chung Cardiac Medical Technology (Cardiac Medical Technology), a subsidiary of MicroChung Medical Sciences Co., Ltd. (Microchong Medical Technology), announced its audited financial statements for the twelve months ended December 31, 2023. The report showed that Cardiac Medical Technology revenue reached RMB1,187,204.5 thousand, an increase of 32.43% from the previous year's $896,500.4 thousand. Total profit and net profit attributable to Cardiac Medical Technology equity holders were RMB572,267.0 thousand and RMB492,432.0 thousand, respectively, with year-over-year growth of 38.26% and 37.98%, respectively. Total assets and total equity attributable to Cardiac Medical Technology equity holders increased to RMB4,246,209.4 thousand and RMB3,843,816.2 thousand, respectively, an increase of 112.83% and 123.65% over the same period last year. Microtech owns 40.32% of Cardiac Medical Technology, and its results are integrated into MicroVenture Medical's financial statements. Investors should note when buying and selling Microtech Medical Securities that the above financial data only reflects the performance of Cardiac Medical Technology and not the overall situation of MicroVenture Healthcare as a whole.