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← CockpitCompetitor Analysis › 688075.SS Assure Tech (Hangzhou) Co. Ltd. Class AOpen in the cockpit ↗

Assure Tech (Hangzhou) Co. Ltd. Class A688075.SSCompetitor analysis, valuation and peers

China · CNY·Health Care›Medical Specialties
Momentum neutral 58
Mkt cap
$538M
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$2.20M
20-day average traded
P/B
0.71×
price to book
ROE
0.0%
delivered
Implied ROE
6.7%
what the price asks
Close · CNYCN¥28.21
1D-0.7%
1W+1.3%
1M-7.9%
3M+0.5%
6M-24.6%
YTD-27.1%
1Y-27.1%
ATR %3.0%
52w lowhigh37.3% off high

What Assure Tech (Hangzhou) does

Employees: 551

Assure Tech (Hangzhou) at a glance

Size Assure Tech (Hangzhou) (688075.SS) is a China Health Care company (Medical Specialties) with a market value of $538M, the 3686th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥28.21 on 6 Nov 2026.

Performance Over six months the shares fell 24.6%, against -10.3% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 20 in its peer set.

Growth Revenue fell 21.4% over the last twelve months (peer median +5.8%); the operating margin is -7.2% (peer median 2.2%).

Valuation It trades at 0.71× book value against a peer median of 2.00× (3rd cheapest of 19).

Price implies The share price implies a return on equity of about 6.7%; Assure Tech (Hangzhou) delivers 0.0%, so the price asks more than the business earns today.

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 91688075.SS 76
Six months, rebased to 100: Assure Tech (Hangzhou) against the median of its 20 peers (local-currency closes).

Assure Tech (Hangzhou) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥410MCN¥427MCN¥537MCN¥495MCN¥6.12B
Revenue growth—-20%+9%-92%—
Gross profitCN¥166MCN¥147MCN¥185MCN¥181MCN¥4.55B
EBITDACN¥40.9MCN¥19.5MCN¥38.3MCN¥52.9MCN¥3.23B
Net income-CN¥525,942CN¥69.4MCN¥192MCN¥142MCN¥3.04B
Free cash flowCN¥134MCN¥26.8MCN¥111M-CN¥840MCN¥3.18B
Capital expenditureCN¥78.4MCN¥95.6MCN¥107MCN¥337MCN¥627M
Total debtCN¥227MCN¥94.5MCN¥82.0MCN¥118MCN¥212M

Quarterly statements and history in the cockpit →

Assure Tech (Hangzhou) competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-100%0%+100%+200%+300%0%+25%+50%603520MEDX301033ZJYL688580AVR300246DCTHNNNNRCELMYGN002932TCMD688075.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Assure Tech (Hangzhou) is the large dot.

Fundamentals: return on equity against price-to-book

-75%-50%-25%0%25%00×50×100×603520MEDX301033ZJYL688580AVRSGHT300246DCTH688298NNNNMYGNTCMD688075.SSReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Assure Tech (Hangzhou) is the large dot.

Capital: ROE delivered against the ROE the price implies

-50%0%50%100%150%0%100%603520MEDX301033688580AVRSGHT300246MYGN688075.SSROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Assure Tech (Hangzhou) is the large dot.

Assure Tech (Hangzhou) competitors and peer comparison

How Assure Tech (Hangzhou) compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Assure Tech (Hangzhou) against its 20 peers (data as of 6 Nov 2026)
Measure688075.SSPeer medianRank in peer set
1-month return-7.9%-3.3%6th lowest of 20
6-month return-24.6%-10.3%4th lowest of 20
Return on equity0.0%1.4%7th lowest of 19
Price / book0.71×2.00×3rd cheapest of 19
ROE the price implies6.7%19.2%6th least demanding of 19
ROE delivered0.0%1.1%8th lowest of 18
Net debt / EBITDA-97.4×-1.8×least indebted of 5

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Assure Tech (Hangzhou) 688075.SSChina$538M-25%-21%0%0.71×6.7%0.0%
Zhejiang Starry Pharmaceutical 603520.SSChina$537M-32%+9%1%1.46×12.7%1.1%
medmix MEDX.SWSwitzerland$537M+24%-7%0%1.02×6.5%0.0%
Medprin Regenerative Medical Technologies 301033.SZChina$542M-3%+23%16%4.17×20.2%15.8%
Jin Medical International ZJYLUnited States$532M+53%-14%4%0.87×17.6%4.0%
Nanjing Vishee Medical Technology 688580.SSChina$550M-40%+7%9%2.13×23.4%9.5%
Anteris Technologies Global AVRUnited States$555M-14%-10%-75%2.20×29.3%-75.1%
Hangzhou Alltest Biotech 688606.SSChina$521M-15%0%3%0.88×5.6%3.0%
Sight Sciences SGHTUnited States$555M-14%+9%-48%10.43×149.1%-48.4%
MedicalSystem Biotechnology 300439.SZChina$556M-4%+14%3%1.22×8.3%3.4%
Guangdong Biolight Meditech 300246.SZChina$519M-23%+4%-9%3.10×19.3%-9.1%
Delcath Systems DCTHUnited States$518M+30%+36%0%4.27×24.1%0.5%
Zhejiang Orient Gene Biotech 688298.SSChina$559M-17%+18%-11%0.62×5.7%-10.9%
Anbio Biotechnology NNNNUnited States$560M-85%+10%27%4.82×84.3%n/a
AVITA Medical RCELUnited States$513M+304%+1%n/an/an/an/a
Sahajanand Medical Technologies SMT.NSIndia$566Mn/an/an/an/an/an/a
Myriad Genetics MYGNUnited States$566M+38%-3%-33%1.86×21.6%-32.5%
Guangdong Hybribio Biotech 300639.SZChina$568M-5%-7%2%0.94×5.4%1.8%
Wuhan Easy Diagnosis Biomedicine 002932.SZChina$499M-14%-9%-1%0.57×3.2%-1.2%
Zhejiang Gongdong Medical Technology 605369.SSChina$581M-10%+6%4%2.22×19.1%4.1%
Tactile Systems Technology TCMDUnited States$583M+1%+14%11%2.58×20.1%11.0%

Questions

Which companies are Assure Tech (Hangzhou)'s closest peers?
The cockpit's peer set: Zhejiang Starry Pharmaceutical (603520.SS), medmix (MEDX.SW), Medprin Regenerative Medical Technologies (301033.SZ), Jin Medical International (ZJYL), Nanjing Vishee Medical Technology (688580.SS), Anteris Technologies Global (AVR), Hangzhou Alltest Biotech (688606.SS), Sight Sciences (SGHT).
Is Assure Tech (Hangzhou) expensive compared with its peers?
On price / book it trades at 0.71× against a peer median of 2.00×, 3rd cheapest of 19 in its peer set. The share price implies a return on equity of about 6.7%; Assure Tech (Hangzhou) delivers 0.0%, so the price asks more than the business earns today.
How has Assure Tech (Hangzhou) stock performed?
Over six months to 6 Nov 2026 the shares returned -24.6% against -10.3% for the median peer; over one year -27.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.