Blue Sail Medical Co.,Ltd.

002382.SZ

002382.SZBlue Sail Medical Co.,Ltd. CN flag

Shenzhen

5.26

CNY

+0.09

(+1.74%)

-0.26EPS

-20.23P/E

5.27BMarket Cap

May 20Next Earn

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ISIN

CNE100000MZ7

Return %

Stock

S&P500

-6.74

8.32

-40.90

43.81

-66.88

96.82

Use logarithmic scale

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	TTM
Revenue per Share	2.73	2.84	3.23	3.1	2.63	3.22	3.6	3.62	8.14	7.93	4.87	4.85	6.17	6.52
Basic EPS, GAAP	0.1	0.1	0.13	0.35	0.37	0.41	0.47	0.51	1.82	1.13	-0.37	-0.56	-0.44	-0.28
Free Cash Flow per Basic Share	-0.44	-0.34	0.16	0.44	0.13	-0.06	0.28	0.44	2.55	-0.33	-0.4	-0.83	-0.63	-0.79
Dividend per Share	0.04	0.11	0.08	0.11	0.2	0.21	0.21	0.14	0.29	0.47	0.06	0.51	0.18	0.17
Book Value per Share	0.92	1	1.08	1.31	1.97	2.16	2.35	2.25	3.87	4.42	4.07	3.08	2.65	2.86
Tangible Book Value per Share	1.65	1.58	1.99	2.24	2.46	2.72	0.39	0.81	3.3	5.93	5.55	4.35	4.59	5.1
Basic Weighted Avg Shares	488	470	475	486	489	490	738	961	966	1,023	1,006	1,015	1,013	963
Sales/Revenue/Turnover	1,333	1,335	1,535	1,509	1,289	1,576	2,653	3,476	7,869	8,109	4,900	4,927	6,253	6,276
Operating Margin (%)	5.63	4.23	5.74	14.51	14.07	18.23	15.19	18.77	52	32.03	-10.75	-9.54	-2.19	-1.22
Depreciation Expense	32	41	58	45	45	52	135	186	214	332	489	525	526	- -
Net Income, GAAP	51	47	62	170	181	201	347	490	1,758	1,156	-372	-568	-446	-270
Effective Tax Rate (%)	20.99	21.76	15.43	25.11	18.06	20.36	0.72	9.86	12.65	14.22	- -	- -	- -	- -
Profit Margin (%)	3.84	3.52	4.02	11.28	14.05	12.75	13.07	14.11	22.35	14.25	-7.6	-11.54	-7.13	-4.3
Working Capital	125	21	310	465	566	374	999	787	3,511	3,157	2,144	-139	2,291	2,024
LT Debt	- -	153	- -	- -	- -	- -	2,436	1,944	3,404	2,928	2,842	1,826	2,636	2,099
Total Equity	962	984	1,046	1,184	1,300	1,428	7,800	8,463	9,817	10,536	10,552	9,548	9,801	10,102
Return on Invested Capital (%)	5.33	3.33	5.46	13.12	11.99	16.43	6.14	4.97	25.95	15.06	- -	- -	- -	- -
Return on Capital (%)	11.06	7.14	9.53	24.53	22.76	19.32	12.56	9.96	25.25	14.44	- -	- -	- -	- -
Return on Common Equity (%)	13.92	10.25	12.55	29.56	22.65	19.89	24.81	25.17	59.56	27.96	-8.64	-15.74	-15.35	-9.32

Capital Structure

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in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

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in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	22.27%	23.47%	26.91%
Net Income, GAAP	43.04%	24.64%	-21.6%
Free Cash Flow	-30.05%	94.25%	-24.63%
Total Cash Common Dividend	92.99%	152.76%	-65.46%
Total Equity	50.41%	3.32%	2.64%

Growth Rates

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in mil. unless spec.

Quarterly Revenue

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in mil. unless spec.

Quarterly Earnings Per Share

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in mil. unless spec.

Quarterly Dividends Per Share

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in mil. unless spec.

Company Description

CEO: Mr. Shuqiao Zhong
Full Time Employees: 8,094
Sector: Healthcare
Industry: Medical - Instruments & Supplies
Address: 48 Yinuo Road Zibo People's Republic of China 255400
IPO Date: Apr 2, 2010
Website: bluesail.cn
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Business: Blue Sail Medical Co.,Ltd. manufactures and sells health protection gloves in China and internationally. The company offers disposable medical, latex, nitrile, PVC, TPE, and household gloves that are used for medical inspection and protection, food processing, electronics industry, etc. It is also involved in the research, development, production, and sales of cardiac stents and interventional cardiac surgery related equipment products. The company was formerly known as Shandong Blue Sail Plastic & Rubber Co., Ltd. and changed its name to Blue Sail Medical Co.,Ltd. in July 2014. Blue Sail Medical Co.,Ltd. was founded in 2002 and is based in Zibo, China.

	Sep'24	Dec'24	Mar'25
ST Debt	1,237	1,100	1,957
LT Borrowings	2,684	2,625	2,085
LT Finance Leases	14	11	14
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	1,007	1,007	1,007
Market Capitalization	5,263	5,075	4,766

	Sep'24	Dec'24	Mar'25
Total Current Assets	5,436	5,258	5,709
Accounts Receivable, Net	1,186	1,238	1,180
Cash, Cash Equivalents & STI	2,484	2,270	2,770
Inventories	1,224	1,222	1,211
Total Current Liabilities	2,940	2,967	3,684
Payables & Accruals	- -	- -	- -
ST Debt	1,237	1,100	1,957
Deferred Revenue	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2023	1,094	1,168	1,322	1,343	4,927
2024	1,455	1,551	1,649	1,599	6,253
2025	1,478	- -	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2023	0.03	- -	- -	- -	0.51
2024	0.03	- -	- -	- -	0.18
2025	0.02	- -	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2023	-0.08	- -	- -	- -	-0.56
2024	-0.1	- -	- -	- -	-0.44
2025	0.08	- -	- -	- -	- -

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	TTM
Revenue per Share	2.73	2.84	3.23	3.1	2.63	3.22	3.6	3.62	8.14	7.93	4.87	4.85	6.17	6.52
Basic EPS, GAAP	0.1	0.1	0.13	0.35	0.37	0.41	0.47	0.51	1.82	1.13	-0.37	-0.56	-0.44	-0.28
Free Cash Flow per Basic Share	-0.44	-0.34	0.16	0.44	0.13	-0.06	0.28	0.44	2.55	-0.33	-0.4	-0.83	-0.63	-0.79
Dividend per Share	0.04	0.11	0.08	0.11	0.2	0.21	0.21	0.14	0.29	0.47	0.06	0.51	0.18	0.17
Book Value per Share	0.92	1	1.08	1.31	1.97	2.16	2.35	2.25	3.87	4.42	4.07	3.08	2.65	2.86
Tangible Book Value per Share	1.65	1.58	1.99	2.24	2.46	2.72	0.39	0.81	3.3	5.93	5.55	4.35	4.59	5.1
Basic Weighted Avg Shares	488	470	475	486	489	490	738	961	966	1,023	1,006	1,015	1,013	963
Sales/Revenue/Turnover	1,333	1,335	1,535	1,509	1,289	1,576	2,653	3,476	7,869	8,109	4,900	4,927	6,253	6,276
Operating Margin (%)	5.63	4.23	5.74	14.51	14.07	18.23	15.19	18.77	52	32.03	-10.75	-9.54	-2.19	-1.22
Depreciation Expense	32	41	58	45	45	52	135	186	214	332	489	525	526	- -
Net Income, GAAP	51	47	62	170	181	201	347	490	1,758	1,156	-372	-568	-446	-270
Effective Tax Rate (%)	20.99	21.76	15.43	25.11	18.06	20.36	0.72	9.86	12.65	14.22	- -	- -	- -	- -
Profit Margin (%)	3.84	3.52	4.02	11.28	14.05	12.75	13.07	14.11	22.35	14.25	-7.6	-11.54	-7.13	-4.3
Working Capital	125	21	310	465	566	374	999	787	3,511	3,157	2,144	-139	2,291	2,024
LT Debt	- -	153	- -	- -	- -	- -	2,436	1,944	3,404	2,928	2,842	1,826	2,636	2,099
Total Equity	962	984	1,046	1,184	1,300	1,428	7,800	8,463	9,817	10,536	10,552	9,548	9,801	10,102
Return on Invested Capital (%)	5.33	3.33	5.46	13.12	11.99	16.43	6.14	4.97	25.95	15.06	- -	- -	- -	- -
Return on Capital (%)	11.06	7.14	9.53	24.53	22.76	19.32	12.56	9.96	25.25	14.44	- -	- -	- -	- -
Return on Common Equity (%)	13.92	10.25	12.55	29.56	22.65	19.89	24.81	25.17	59.56	27.96	-8.64	-15.74	-15.35	-9.32

Blue Sail Medical Co.,Ltd.

Growth Rates

(avg. rate of change)

Company Description

Growth Rates

(avg. rate of change)

Capital Structure

Working Capital

Quarterly Revenue

Year

Quarterly Dividends Per Share

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Quarterly Earnings Per Share

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