Not available for this issue.
A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.
Issue 003 | U.S. Pilot | US
MHUAF
Meihua International Medical Technologies Co., Ltd.
Screen state: Passing
Source state: Verified
20-F | 2026-04-29
Filing currency: USD
Internal NCAV Discount
95.5%
GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.
- Current Assets
- 153,583,568USD
- Total Liabilities
- 18,251,143USD
- NCAV
- 135,332,425USD
- Cash
- 15,153,909USD
- NCAV per share
- 3.78USD/share
- Evidence
- 5 annual | 7 quarterly
Mary filing review
Financial Statement Evidence
Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.
- Evaluated
- 12
- Triggered
- 4
- Unavailable
- 3
Supporting observation NCAV Growing 135,332,425
- Latest
- 135,332,4252025-12-31
- Comparison
- 116,174,7532024-12-31
- Change
- +16.5%
Basis: equivalent prior-year NCAV change >= +2%; both NCAV values must be positive
Source periods: SEC 20-F 2025-12-31 · 0001213900-26-049081; REPORTED_FILING 20-F 2024-12-31
Supporting observation Positive OCF 569,883
- Latest
- 569,8832025-12-31
- Comparison
- n/a
- Change
- n/a
Basis: latest reporting-period cash from operations > 0
Source periods: SEC 20-F 2025-12-31 · 0001213900-26-049081
Supporting observation Share Count Reduced 697,914
- Latest
- 697,9142025-12-31
- Comparison
- 31,904,4682024-12-31
- Change
- -97.8%
Basis: 1Y share change <= -2% using the same share-count source
Source periods: SEC 20-F 2025-12-31 · 0001213900-26-049081; REPORTED_FILING 20-F 2024-12-31
Supporting observation Current Ratio > 1.5 8.42
- Latest
- 8.422025-12-31
- Comparison
- 1.5
- Change
- n/a
Basis: current assets / current liabilities; strong if > 1.5
Source periods: SEC 20-F 2025-12-31 · 0001213900-26-049081
3 unavailable checks — inspect missing inputs
High Debt
(short-term debt + long-term debt) / ordinary equity >= 50%
Low Debt
(short-term debt + long-term debt) / ordinary equity < 20%
Non-Positive Equity
ordinary shareholders equity <= 0
Business Profile
Published only when a substantive filing-text profile has been prepared for this issue.
Known Unknowns
Only 7 quarterly periods available from Data Vault for this company.
Medium | Share Count
The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.
Low | Classification
U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.
Annual Financials
Latest annual periods, newest first. Missing cells render as n/a.
| Metric |
2025-12-31
20-F
USD
|
2024-12-31
20-F
USD
|
2023-12-31
20-F
USD
|
2022-12-31
20-F
USD
|
2021-12-31
20-F
USD
|
|---|---|---|---|---|---|
| Revenue | 61,791,957 | 96,909,642 | 97,098,915 | 29,196 | 575,901 |
| Operating Income | 8,283,912 | 14,311,915 | 14,674,938 | 10,801,962 | 26,260,954 |
| Net Income | 6,781,826 | 10,843,589 | 11,625,417 | 6,242,969 | 20,949,579 |
| Cash From Operations | 569,883 | 14,636,805 | 2,275,750 | -9,163,038 | -54,663 |
| Capex | -15,629 | -133,550 | -1,182,699 | -2,698,729 | -850,231 |
| Free Cash Flow | 554,254 | 14,503,255 | 1,093,051 | -11,861,767 | -904,894 |
| Cash And Equivalents | n/a | n/a | 16,926,878 | 26,736,700 | 8,149,276 |
| Accounts Receivable | 84,325,038 | 78,660,700 | 78,570,956 | 68,945,792 | 67,101,297 |
| Inventory | 1,704,309 | 1,409,639 | 1,617,225 | 1,122,038 | 1,251,393 |
| Total Current Assets | 153,583,568 | 143,438,322 | 132,237,053 | 135,319,155 | 97,276,350 |
| Total Assets | 207,182,355 | 186,239,116 | 171,915,272 | 163,577,579 | 136,857,381 |
| Total Current Liabilities | 18,251,143 | 27,263,569 | 25,072,858 | 24,173,567 | 29,088,779 |
| Total Liabilities | 18,251,143 | 27,263,569 | 25,077,450 | 24,898,499 | 29,088,779 |
| Shareholders Equity | 188,931,212 | 158,975,547 | 146,331,840 | 138,122,937 | 107,768,602 |
| Shares Outstanding | 697,914 | 31,904,468 | 23,940,000 | 23,940,000 | 23,940,000 |
| Shares Outstanding Diluted | n/a | n/a | n/a | n/a | n/a |
| Weighted Avg Shares Diluted | 376,035 | 27,371,707 | 23,940,000 | 23,411,068 | 20,000,000 |
| Weighted Avg Shares Basic | 376,035 | 27,371,707 | 23,940,000 | 23,411,068 | 20,000,000 |
| Net Share Count Change (Normalized) | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence |
| Ownership Claim Change (Normalized) | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence |
Quarterly Financials
Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.
Only 7 quarterly periods available from Data Vault for this company.
| Metric |
2025-06-30
6-K
USD
|
2024-12-31
6-K
USD
|
2024-06-30
6-K
USD
|
2023-12-31
6-K
USD
|
2023-06-30
6-K
USD
|
2022-12-31
6-K
USD
|
2022-06-30
6-K
USD
|
|---|---|---|---|---|---|---|---|
| Revenue | 37,981,619 | 96,909,642 | 45,343,698 | 97,098,915 | 48,190,076 | 103,346,341 | 29,666 |
| Operating Income | 3,239,105 | 14,311,915 | 5,892,012 | 14,674,938 | 9,096,673 | 10,801,962 | 8,668,702 |
| Net Income | 3,145,022 | 10,843,589 | 4,716,590 | 11,625,417 | 7,062,007 | 6,242,969 | 6,554,887 |
| Cash From Operations | -9,902,327 | 14,636,805 | 1,015,799 | 2,275,750 | -5,424,569 | -9,163,038 | -7,798,816 |
| Capex | -10,242 | -133,550 | -10,422 | -1,182,699 | -1,001,925 | -2,698,729 | -459,163 |
| Free Cash Flow | -9,912,569 | 14,503,255 | 1,005,377 | 1,093,051 | -6,426,494 | -11,861,767 | -8,257,979 |
| Cash And Equivalents | n/a | n/a | n/a | 16,926,878 | 17,861,214 | 26,736,700 | n/a |
| Total Current Assets | 146,340,878 | 143,438,322 | 141,313,649 | 132,237,053 | 132,264,679 | 135,319,155 | n/a |
| Total Liabilities | 25,639,049 | 27,263,569 | 29,590,466 | 25,077,450 | 23,221,700 | 24,898,499 | n/a |
| Shares Outstanding | 31,904,468 | 31,904,468 | 26,093,796 | 23,940,000 | 23,940,000 | 23,940,000 | n/a |
| Shares Outstanding Diluted | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Weighted Avg Shares Diluted | 31,904,468 | 27,371,707 | 30,716,582 | 23,940,000 | 23,940,000 | 23,411,068 | 22,873,370 |
| Weighted Avg Shares Basic | 31,904,468 | 27,371,707 | 25,056,143 | 23,940,000 | 23,940,000 | 23,411,068 | 22,873,370 |
| Net Share Count Change (Normalized) | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence |
| Ownership Claim Change (Normalized) | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence |
Audit Trail
NCAV Audit
Official-source inputs remain linked to filing provenance. Derived values are labeled as such.
| Input | Value | Source concept | Filing period | Confidence | Provenance |
|---|---|---|---|---|---|
| Current Assets | 146,340,878USD | us-gaap:AssetsCurrent | 2025-06-30 | 1.00 |
Data Vault | sec/companyfacts/cik=0001835615/companyfacts.json Data Vault | sec/companyfacts/cik=0001835615/companyfacts.json |
| Total Liabilities | 25,639,049USD | us-gaap:Liabilities | 2025-06-30 | 1.00 |
Data Vault | sec/companyfacts/cik=0001835615/companyfacts.json Data Vault | sec/companyfacts/cik=0001835615/companyfacts.json |
| Cash | n/a | derived | 2025-06-30 | n/a | n/a |
| Shares Outstanding | 31,904,468 | us-gaap:CommonStockSharesOutstanding | 2025-06-30 | 1.00 |
Data Vault | sec/companyfacts/cik=0001835615/companyfacts.json Data Vault | sec/companyfacts/cik=0001835615/companyfacts.json |
| NCAV | 120,701,829USD | derived | 2025-06-30 | n/a | company-evidence-v1 | total_current_assets - total_liabilities |
| NCAV per share | 3.78USD | derived | 2025-06-30 | n/a | company-evidence-v1 | NCAV / shares_outstanding |
| Internal NCAV Discount | 95.5% | derived | 2025-06-30 | n/a | gnni_publication_pack | internal_discount |
NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding
Source Provenance
- Data Source
- Data Vault
- Data Vault Root
- n/a
- CIK
- 0001835615
- Company ID
- n/a
- Selected Annual Source
- n/a
- Selected Quarterly Source
- n/a
- Statement Extractor
- companyfacts-screener-v1
- View Extractor
- companyfacts-screener-v1
- Source Accession Count
- 8
- Imported At
- 2026-08-15T12:52:28+00:00
- Rendered At
- 2026-08-16T03:29:48+00:00
Run Audit
- Mary Run
- 8f67c1da7de642feb640d04491409c50
- Mary As Of
- 2026-07-25
- Accession
- 0001213900-26-049081
- CIK
- 0001835615
- Mary Filing Date
- 2026-04-29
- Filing Currency
- USD
- Internal Discount
- 95.5%
- Source State
- Verified
- Market Context
- Not Displayed
- Market Policy
- internal_only_not_redistributed
- Share Trend
- Not Evaluated
- Dilution
- Needs Review
mary_run=8f67c1da7de642feb640d04491409c50; mary_as_of=2026-07-25; mary_filing_date=2026-04-29; mary_accession=0001213900-26-049081; mary_cik=0001835615; gnni_supporting_filing_date=2026-04-29; internal_discount=0.954773; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.