Qiyi Luo - MicroPort Scientific Chief Officer

MCRPF Stock  USD 0.81  0.03  3.85%   

Executive

Mr. Qiyi Luo is Chief Technology Officer of MicroPort Scientific Corporationration Mr. Luo has served as a Director since July 22, 2010. Mr. Luo has over 19 years of experience in medical device industry. Prior to joining the company in 2003, he worked as principal research and development engineer and senior manufacturingdevelopment engineer at Medtronic AVE in the United States from 1995 to 2002. From 1991 to 1995, he worked as supervisor and engineer of the angioplasty research and development team at VasCath Inc., a subsidiary of C.R. Bard, Inc., in Canada. Mr. Luo, jointly with others, holds 30 patents and has 52 patent applications pending in China, the United States, Japan and the European Union since 2012.
Age 61
Tenure 12 years
Phone86 21 3895 4600
Webhttps://www.microport.com
Luo received his bachelor’s degree in applied science from Yunnan University of Technology in China in 1983 and his master’s degree in applied science from Queen’s University in Canada in 1990.

MicroPort Scientific Management Efficiency

The company has return on total asset (ROA) of (0.0705) % which means that it has lost $0.0705 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.25) %, meaning that it generated substantial loss on money invested by shareholders. MicroPort Scientific's management efficiency ratios could be used to measure how well MicroPort Scientific manages its routine affairs as well as how well it operates its assets and liabilities.
MicroPort Scientific has accumulated 930.01 M in total debt with debt to equity ratio (D/E) of 0.69, which is about average as compared to similar companies. MicroPort Scientific has a current ratio of 3.64, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist MicroPort Scientific until it has trouble settling it off, either with new capital or with free cash flow. So, MicroPort Scientific's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MicroPort Scientific sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MicroPort to invest in growth at high rates of return. When we think about MicroPort Scientific's use of debt, we should always consider it together with cash and equity.

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MicroPort Scientific Corporation, an investment holding company, manufactures, and markets, and distributes medical devices in the Peoples Republic of China, North America, Europe, other Asian countries, South America, and internationally. MicroPort Scientific Corporation was founded in 1998 and is headquartered in Shanghai, the Peoples Republic of China. Microport Scientific operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 9186 people. MicroPort Scientific [MCRPF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

MicroPort Scientific Leadership Team

Elected by the shareholders, the MicroPort Scientific's board of directors comprises two types of representatives: MicroPort Scientific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MicroPort. The board's role is to monitor MicroPort Scientific's management team and ensure that shareholders' interests are well served. MicroPort Scientific's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MicroPort Scientific's outside directors are responsible for providing unbiased perspectives on the board's policies.
Qiyi Luo, Chief Officer
Jonathan Chen, Sr. VP of International Operation and Investor Relations
Kongrong Pan, VP Shanghai
Zhaohua Chang, Founder, Chairman, CEO and Member of Remuneration Committee
FCS FCIS, Company Sec
Yan Zhang, Pres Shanghai
Junder Chiang, Chief HR Officer
Hongbin Sun, Chief Officer
Glendy Wang, Chief Officer

MicroPort Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is MicroPort Scientific a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in MicroPort Pink Sheet

MicroPort Scientific financial ratios help investors to determine whether MicroPort Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MicroPort with respect to the benefits of owning MicroPort Scientific security.