Based in China, Baird Medical Investment Holdings Limited and its associated entities specialize in engineering and commercializing microwave ablation medical apparatus. These ...
Baird Medical Investment Holdings Limited (BDMD) is a publicly traded healthcare/medical-devices company focused on microwave ablation (MWA) technologies for minimally invasive tumor management. The company was established in 2012 and is headquartered in Guangzhou, China. Its product and technology theme centers on providing MWA medical apparatus used to treat a ...Baird Medical Investment Holdings Limited (BDMD) is a publicly traded healthcare/medical-devices company focused on microwave ablation (MWA) technologies for minimally invasive tumor management. The company was established in 2012 and is headquartered in Guangzhou, China. Its product and technology theme centers on providing MWA medical apparatus used to treat a variety of clinically relevant conditions, notably including thyroid nodules as well as other benign and malignant tumors such as hepatic carcinomas, pulmonary cancers, and certain mammary lesions.
From a business perspective, BDMD’s model is built around the end-to-end capabilities typically required in interventional medical devices: research and development to advance ablation know-how and device performance, engineering and manufacturing to produce the hardware used in clinical procedures, and commercialization activities to support sales and market adoption of its systems. As a device company operating in a regulated healthcare environment, it is generally expected to invest heavily in product development, quality systems, and ongoing improvements to support procedure outcomes and regulatory/market requirements.
Productly, the core offering is microwave ablation equipment designed for image-guided or minimally invasive procedures. Microwave ablation is used to destroy targeted tissue (tumor or lesion) without the need for open surgery in many cases, and BDMD’s positioning emphasizes its ability to apply these sophisticated instruments across different tumor types. This breadth of target indications supports a broader addressable market within minimally invasive oncology and related procedures.
In terms of scale, the company reported approximately 146 full-time employees, placing it in a mid-small operating range (101–200 employees). The leadership team includes Haimei Wu (Chief Executive Officer and Chairwoman of the Board), with additional executive management roles such as finance and administrative leadership.
Financially, the provided market and company metrics indicate that investors evaluate BDMD as a growth-oriented, development-intensive device manufacturer rather than a mature, dividend-paying company. The available snapshot also suggests ongoing operating investment consistent with R&D and commercialization requirements typical for medical technology firms. Overall, BDMD aims to expand the utilization of microwave ablation technology—particularly in thyroid and other tumor care pathways—by building and scaling its medical device platform and related commercialization efforts.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$22.5M
-39.2%
+83.1%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-27.3M
-319.0%
-41.5%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+83.8%
-5.0%
+3.2%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-113.3%
-374.0%
+20.7%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-121.0%
-460.0%
+22.7%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-1.4M
+84.9%
+157.2%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-6.2%
+75.1%
+131.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
61.5%
+16.9%
-3.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.70x
-4.2%
-0.8%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.