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Ningbo David Medical Device Co Ltd

Ningbo David Medical Device Co., Ltd. researches, develops, produces, and sells pediatric childcare equipment and surgical instruments worldwide. Its products include infant incubators, transport incubators, infant radiant warmers, neonatal bilirubin phototherapy equipment, infant resuscitators, infusion pumps, transcutaneous jaundice detectors, infant T-piece resuscitators, air/oxygen blenders, low pressure aspirators, and infant oxygen hoods. The company markets its products under the David brand. Founded in 1992, it is headquartered in Ningbo, China.

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David Medical's 2026 interim net profit falls 52.75% year on year

David Medical released its 2026 interim report, with net profit attributable to the parent company of 24.088 million yuan, down 52.75% from the same period last year. Total operating revenue was 252 million yuan, a slight increase of 0.26% year on year. Net cash inflow from operating activities was 3.6188 million yuan, an increase of 7.6027 million yuan compared with the same period last year. The company's latest gross margin was 50.31%, down 8.09 percentage points from the same period last year. The latest return on equity was 1.96%, down 2.30 percentage points from the same period last year. Diluted earnings per share were 0.08 yuan, down 52.77% year on year.
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David Medical Obtains New Medical Device Production License, Adds Medical Bed Category

David Medical, due to production and operational needs, has changed its production scope by adding "Class II: 15-03 Medical Beds" and has recently obtained the revised Medical Device Production License issued by the Zhejiang Medical Products Administration. The revised license number is Zhejiang Medical Device Production License No. 20100125, valid from January 10, 2025 to January 9, 2030. In the first quarter of 2026, David Medical achieved revenue of 113 million yuan and net profit attributable to the parent company of 9.89 million yuan.
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