WORK Medical Technology Group LTD
WOK · Surgical & Medical Instruments & Apparatus · EDGAR filings ↗
Reference price $3.87 — last insider sale, 2026-06-18 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C63Profitable-adjacent Chinese medical-device maker with solid FCF but slipping earnings and PRC governance overhang.
Strengths
- Free cash flow strong (76th pct) with relatively favorable ROA/ROE percentiles (73rd/61st)
- Established 20+ year manufacturing history, ~1,000 distributors and new AI blood-cell analyzer pipeline
Risks
- Still net-loss-making (ROA -3.2%, ROE -5.8%) with net income down 69% (12th pct)
- Heavy China/VIE-style regulatory and capital-repatriation risk
- Thin cash position (18th pct) and commoditized mask/consumables exposure
Notable findings
Key metrics
Return on equity
-5.8%
Return on assets
-3.2%
Current ratio
1.7×
Free cash flow
$5M
Tangible book value
$17M
Cash & investments
$4M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-18 | HRT FINANCIAL LP | Sell | 137K | $3.87 |
| 2026-06-17 | HRT FINANCIAL LP | Buy | 880K | $0.05 |
| 2026-06-16 | HRT FINANCIAL LP | Sell | 2.9M | $0.06 |
| 2026-06-15 | HRT FINANCIAL LP | Buy | 269K | $0.10 |
| 2026-06-12 | HRT FINANCIAL LP | Buy | 48K | $0.08 |
| 2026-06-11 | HRT FINANCIAL LP | Buy | 2.0M | $0.09 |
| 2026-06-10 | HRT FINANCIAL LP | Buy | 1.8M | $0.10 |
| 2026-06-09 | HRT FINANCIAL LP | Sell | 3.5M | $0.10 |
| 2026-06-08 | HRT FINANCIAL LP | Buy | 2.3M | $0.11 |
| 2026-06-05 | HRT FINANCIAL LP | Buy | 55K | $0.09 |
| 2026-06-04 | HRT FINANCIAL LP | Buy | 1.4M | $0.10 |
| 2026-06-02 | HRT FINANCIAL LP | Sell | 1.8M | $0.11 |
| 2026-06-01 | HRT FINANCIAL LP | Buy | 2.7M | $0.14 |
| 2026-05-29 | HRT FINANCIAL LP | Sell | 2.6M | $0.10 |
| 2026-05-28 | HRT FINANCIAL LP | Buy | 1.5M | $0.09 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-01-30 | 2025-09-30 | 0001213900-26-010301 ↗ |
| 20-F | 2025-02-14 | 2024-09-30 | 0001213900-25-014076 ↗ |