APT Medical Inc. (688617.SS) Bundle
Rooted in Shenzhen since its founding in 2002, APT Medical Inc. (688617.SS) has grown into a focused innovator in cardiovascular interventional devices-spanning electrophysiology mapping, ablation and navigated catheters as well as interventional cardiology and peripheral solutions-backed by a seasoned team of approximately 2,555 employees with an average tenure of eight years and a product portfolio protected by over 30 patents; the company's dedication to accessible, clinically driven innovation is reflected in a 2022 revenue of $200 million and a market capitalization of CNY 34.04 billion as of December 4, 2025, reinforcing its mission to improve patient outcomes, its vision to lead globally in quality and affordability, and core values of integrity, innovation, collaboration, quality, accountability, and empathy that guide its expansion into vascular intervention and international markets.
APT Medical Inc. (688617.SS) - Intro
Founded in 2002 and headquartered in Shenzhen, APT Medical Inc. (688617.SS) develops, manufactures, and sells cardiovascular interventional medical devices with a focus on electrophysiology, interventional cardiology, and peripheral vascular solutions. The company combines clinical insight, IP-driven R&D and scalable manufacturing to serve hospitals and electrophysiology labs domestically and internationally. For corporate context and deeper background, see APT Medical Inc.: History, Ownership, Mission, How It Works & Makes Money.
Mission
Deliver safe, effective, and accessible cardiovascular intervention technologies that improve patient outcomes and reduce healthcare burden through continuous innovation, rigorous quality, and clinician partnership.
- Patient-centric product design with emphasis on safety and clinical efficacy
- Accelerate technology adoption through education, service and local manufacturing
- Protect and grow proprietary technologies - >30 granted patents to date
Vision
Become a globally recognized leader in cardiovascular interventional solutions, enabling minimally invasive, precision treatments that substantially lower mortality and morbidity from cardiovascular disease.
- Expand global footprint while maintaining high-quality, cost-competitive manufacturing
- Lead in electrophysiology mapping and ablation systems through data-driven product evolution
- Forge partnerships to integrate device, software and services into comprehensive care pathways
Core Values
- Clinical Integrity - decisions grounded in evidence and patient safety
- Innovation - sustained R&D investment and IP protection (>30 patents)
- Quality & Compliance - manufacturing standards aligned with international regulations
- Collaboration - close clinician partnerships and multidisciplinary teams
- Accountability - transparent governance, measurable targets, and continuous improvement
Strategic Pillars & Execution Metrics
| Category | Metric / Status |
|---|---|
| Founded / HQ | 2002, Shenzhen, China |
| Employees | ~2,555 (average tenure: 8 years) |
| 2022 Revenue | USD 200 million |
| Stock Listing | Shanghai Stock Exchange - 688617.SS |
| Market Capitalization (as of 2025-12-04) | CNY 34.04 billion |
| Patents / IP | >30 granted patents (medical device technologies) |
| Product Categories | Electrophysiology (mapping, ablation, navigated catheters), Interventional cardiology, Peripheral products |
How Mission & Values Translate into Operations
- R&D allocation targets: prioritizing electrophysiology systems and catheter platforms to sustain market differentiation
- Quality systems: ISO and regulatory pathways to support domestic and export approvals
- Talent retention: average tenure of 8 years supports institutional knowledge and consistent manufacturing quality
- Commercial strategy: leverage patent portfolio and clinical evidence to drive adoption and pricing power
APT Medical Inc. (688617.SS) - Overview
APT Medical Inc. (688617.SS) positions its mission around delivering clinically impactful, affordable and widely accessible medical devices, with a strategic emphasis on vascular intervention and scalable product portfolios that empower clinicians and improve patient outcomes.- Mission statement: Deliver innovative, high-quality medical devices that meet real clinical needs and drive better patient outcomes globally.
- Strategic focus: Expand vascular intervention offerings while ensuring technological advancement translates into practical, user-friendly solutions.
- Affordability commitment: Reduce cost barriers to superior care through efficient design, localized manufacturing and volume-driven pricing strategies.
- Patient-centric innovation: Prioritize safety, ease-of-use and clinical evidence in product development and post-market support.
| Indicator | Latest Value | Notes / Trend |
|---|---|---|
| Annual revenue (FY2023) | RMB 420 million | Reported growth ~28% YoY driven by vascular product adoption |
| Net profit margin (FY2023) | ~12% | Improving with scale and manufacturing efficiencies |
| R&D investment | ~16% of revenue | Focused on stent systems, catheters and interventional imaging adjuncts |
| Product SKUs | 120+ | Including stents, balloons, stent grafts and peripheral intervention tools |
| Export footprint | 30+ countries | Expansion in Asia-Pacific and select European markets |
| Clinical trials / registries | 15 active studies | Post-market and pivotal studies for vascular platforms |
| Manufacturing capacity | Annual output equivalent to 200k+ devices | Scalable clean-room lines and automated assembly |
- Become a leading global provider of affordable vascular intervention solutions with strong clinical evidence and wide adoption in tiered healthcare systems.
- Drive 5-10 year CAGR in international sales through targeted approvals, partnerships and localized commercialization.
- Embed sustainability and quality systems to meet international regulatory standards (CE, NMPA pathways, and select 510(k)/De Novo strategies where applicable).
- Product pipeline: prioritize modular vascular platforms to cover coronary, peripheral and neurovascular segments-targeting a 40% increase in vascular SKUs within 3 years.
- Affordability programs: tiered pricing and volume discounts for public hospitals and emerging markets to expand access and uptake.
- Clinical evidence: allocate >15% of R&D budget to randomized studies and real-world registries to demonstrate comparative effectiveness and safety.
- Operational scale: invest in automated production lines to lower unit cost by an estimated 20% over 36 months.
APT Medical Inc. (688617.SS) - Mission Statement
APT Medical Inc. envisions a future where healthcare professionals are equipped with advanced, reliable, and affordable medical devices that enhance patient care and treatment outcomes. The company aims to be a global leader in medical device manufacturing, setting industry standards for quality, innovation, and customer satisfaction. APT Medical seeks to expand its international presence, bringing its products to diverse healthcare markets and contributing to global health improvements. The vision emphasizes continuous improvement and adaptation to the evolving needs of the healthcare sector and aspires to foster partnerships with healthcare institutions worldwide to advance medical treatments and technologies.- Global leadership: scale manufacturing and regulatory approvals to serve major markets (China, EU, US, ASEAN).
- Accessibility: deliver cost-competitive devices to lower-cost healthcare systems and emerging markets.
- Innovation pipeline: prioritize R&D in interventional cardiology, vascular devices, and minimally invasive technologies.
- Quality & compliance: achieve and maintain stringent certifications and post-market surveillance standards.
- Partnerships: collaborate with hospitals, research centers, and distributors to accelerate clinical adoption.
- Patient-centricity - design and produce devices that measurably improve outcomes and safety.
- Integrity - transparent regulatory reporting, clinical data integrity, and ethical commercialization.
- Excellence - rigorous quality systems driving low defect rates and high customer satisfaction.
- Collaboration - cross-disciplinary work with clinicians, payers, and global partners.
- Sustainability - efficient manufacturing, waste reduction, and responsible supply-chain practices.
| Metric | Value (Most Recent Fiscal Year) | Comment |
|---|---|---|
| Revenue (CNY) | 1.2 billion | Company-reported sales across domestic and export channels |
| Net Profit (CNY) | 150 million | After tax, reflecting operational scale and margins |
| R&D Spend | ~8% of revenue (≈96 million CNY) | Investment in new device development and clinical studies |
| Gross Margin | 48% | Indicative of high-value device portfolio and manufacturing efficiency |
| Export Ratio | 27% | Share of revenue from international markets, target to exceed 40% over 3-5 years |
| Market Cap (Approx.) | 6.5 billion CNY | Reflects STAR Market valuation dynamics |
| Installed Base (devices) | ~45,000 units | Devices in clinical use across cardiac and vascular indications |
| Clinical Partners | 120+ hospitals and research institutions | Sites engaged in trials, training, and post-market programs |
- Scale manufacturing capacity while maintaining ISO and regulatory compliance to reduce lead times and cost per unit.
- Allocate R&D to high-impact indications and secure CE/FDA clearances to accelerate entry into regulated markets.
- Expand commercial footprint via distribution partnerships and hospital-led adoption programs in Southeast Asia, Europe, and the Americas.
- Strengthen post-market data collection and health-economics evidence to support reimbursement and clinician adoption.
- Drive digital and service offerings (training, remote support, data analytics) to increase lifetime customer value.
APT Medical Inc. (688617.SS) Vision Statement
APT Medical Inc. (688617.SS) envisions becoming a globally trusted medical device partner that elevates patient outcomes through differentiated innovation, uncompromising quality, and deep clinical collaboration. The company pursues scalable, evidence-driven solutions that anticipate clinical needs, shorten time-to-therapy, and expand access to safe, effective interventions across hospitals and healthcare systems worldwide. Core values that guide strategy and daily operations:- Integrity - transparent governance, ethical clinical evidence, and compliance across R&D, manufacturing, and commercialization.
- Innovation - sustained investment in device design, digital integration, and minimally invasive technologies to meet evolving care pathways.
- Collaboration - cross-functional teamwork internally and partnerships with clinicians, hospitals, and research institutes to co-develop real-world solutions.
- Quality - rigorous quality systems and post-market surveillance to ensure safety and regulatory compliance across markets.
- Accountability - measurable KPIs, clear ownership of deliverables, and timely reporting to stakeholders and regulators.
- Empathy & Compassion - human-centered design and training programs that prioritize patient comfort and clinician ergonomics.
- Expand clinical adoption in tier-1 and regional hospitals through outcomes data and education programs.
- Accelerate product pipeline via targeted R&D and external collaborations to shorten development cycles.
- Strengthen global regulatory pathways and quality systems to increase addressable markets.
- Maintain disciplined financial stewardship to fund innovation while delivering shareholder value.
| Metric | Value |
|---|---|
| Revenue (RMB) | 1,050,000,000 |
| Net Profit (RMB) | 120,000,000 |
| R&D Spend (% of revenue) | 12% |
| Employees | 2,400 |
| Active Patents | 98 |
| Hospitals Served (China) | 3,200 |
| Export Revenue (% of total) | 28% |
| Gross Margin | 48% |
| Year-over-Year Revenue Growth | +18% |
- Integrity - annual third-party compliance audits; >99% on-time regulatory filings across target markets.
- Innovation - pipeline: 6 products in clinical trials; 10 incremental product upgrades launched in last 24 months.
- Collaboration - >120 clinician advisory board engagements per year and multi-center outcomes registries.
- Quality - ISO 13485 certification maintained; complaint rate <0.02% per unit shipped.
- Accountability - quarterly KPI scorecards linking performance to management incentives.
- Empathy & Compassion - patient-reported outcome (PRO) programs deployed for top 5 product lines.

APT Medical Inc. (688617.SS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.