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WOK · NASDAQ · Medical - Specialties

WORK Medical Technology Group Class A

Manufacturer of disposable anesthesia, respiratory, and airway-management medical consumables.

$2.28
After-hours close−0.04 (−1.72%)
At close$2.32(−1.28%)
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WORK Medical Technology Group Ltd. Class AWOKHealth Care

Produces disposable anesthesia, respiratory, and airway-management consumables through Chinese subsidiaries, selling own-brand, OEM, and resale products to healthcare customers and distributors. The Cayman parent depends on a single production operation and PRC regulatory permissions.

Manufactures and distributes disposable anesthesia, respiratory, airway-management, and other medical consumables through Chinese subsidiaries, with Hangzhou Shanyou serving as its only production site. The portfolio includes breathing circuits, laryngeal mask airways, endotracheal tubes, oxygen and anesthesia masks, tourniquets, and related accessories, sold under its own brands, on an OEM basis, or through resale.

Sales reach hospitals, pharmacies, and medical institutions directly and through domestic and export distributors. China remains the economic center, though products reach more than 30 countries. The group combines product design, manufacturing, customization, cost positioning, and distribution reach, and has obtained Chinese manufacturing approval for a blood-cell morphology analyzer.

The Cayman parent relies on PRC operating subsidiaries, which generate all consolidated revenue, and on licenses, registrations, quality compliance, its sole manufacturing operation, and distributor purchase orders that generally lack long-term commitments.

Company facts

CEOShuang Wu
ListedAug 23, 2024
ExchangeNASDAQ
HeadquartersAuckland, New Zealand
CountryChina
Employees238
CIK0001929783
ISINKYG9767H1332

Key statistics

Market cap$5.6M
EPS (ttm)−$260.72
P/E (ttm)−0.0089
ROE-18.6%
P/B0.0013
P/S0.5257
Dividend yield
Beta1.49vs XLV −0.81

Year to date −99.0% · Average volume (30d) 395.4K

Analysts

No analyst consensus on record.

Earnings

Not reported.

Financial highlights

7 quartersQ4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Revenue$4.6M$5.3M$6.2M$4.5M$5.3M$5.4M
Gross profit$242.9K$1.5M$1.3M$1.6M$782.6K$530.3K
Operating income−$1.5M−$507.7K−$3.5M−$1.6M−$929.7K−$3.5M
Net income−$1.4M$226.5K−$3.7M$13.2K−$1.1M−$3.4M
Diluted EPS−$11.00$1.81−$29.00$0.09−$10.48−$197.76
Gross margin5.3%29.1%21.4%34.4%14.8%9.8%
Operating margin-33.4%-9.6%-57.1%-34.5%-17.5%-65.3%

Balance sheet, Mar 31, 2026Cash & short-term investments $3.3M · Total debt $6.6M · Total assets $48.3M · Shareholders' equity $30.1M

Dividends

No dividends on record.

Ownership

Institutions 0.00%Insiders

Shares outstanding 2.42M · Float 10.0K · 0.4% free float

Insider tradesForm 4

Nothing filed in the last 12 months.

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Peers

  • Teleflex

    Direct airway rival across endotracheal tubes, LMAs, and anesthesia disposables.

  • ICU Medical

    Disposable anesthesia circuits and airway consumables target the same hospitals.

  • Five Point

    Hospital respiratory circuits, masks, and humidification serve acute care.

  • Medtronic

    Shiley airway devices and DAR breathing systems overlap in hospital care.

CompareAfter-hours close

CompanyPriceChange
WORK Medical Technology Group Class A$2.28−1.72%$5.6M0.5
Teleflex$139.67−0.01%$6.18B15.22.4−27.0%
ICU Medical$175.10+0.01%$4.38B148.419.72.0−0.2%
Five Point$5.11−0.10%$363.3M14.73.1+86.0%
Medtronic$91.58+0.42%$116.78B24.515.33.2+9.9%
Median24.515.32.7+4.8%