About CoWealth
CoWealth is a company based in Shanghai (China) founded in 1997 by Duane Lee. CoWealth offers products and services including IVD and High-tech Instruments.
- Headquarter Shanghai, China
- Founders Duane Lee
- Stage Public
- SectorsHealthcare
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website ch.cowealth.com/en/index.html
- Social LinkedIn
- Legal Name Cowealth Medical China Co., Ltd. Class A
- Annual Revenue$96.66 M (USD)-27.77as on Dec 31, 2025
- Net Profit-$4.81 M (USD)-222.04as on Dec 31, 2025
- EBITDA-$2.39 M (USD)-133.6as on Dec 31, 2025
Associated legal entities of CoWealth
CoWealth operates through , (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| , CIN U99999MH1977PLC010754 | Active | 10 Aug 1977 | Nanded, Maharashtra | – | – | – | View details |
Products & Services of CoWealth
CoWealth offers a comprehensive portfolio of products and services, including IVD and High-tech Instruments.
In vitro diagnostics are utilized for testing and analysis in healthcare settings
High-tech instruments are employed for AI-assisted systems and other medical applications
People of CoWealth
1 people are tracked at CoWealth (1 in leadership).
| Name | Role | Group |
|---|---|---|
Duane Lee | Founder & CEO | Leadership |
Complete people profiles for CoWealth
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- Team structure
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IPO & Listings of CoWealth
CoWealth is a publicly listed company on the SSE with ticker symbol 603122 in China, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date17 Sep 2002
- Listed onTT: 4745
- Listed entityCowealth Medical China Co., Ltd. Class A
- Exchange sectorHealth technology
- ISINCNE100005R39
- Share price13.76 CNY (+1.47% on the day) · 2026-10-09
- Market capitalisation5,397,593,590.00 CNY
- EPS (diluted, trailing year)-0.08 CNY
- Dividend yield0.96%
- Volume (last session)31,748,900
Financials of CoWealth
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 676.8M CNY | -33.6M CNY | -16.7M CNY |
| 2024 | 937.0M CNY | 27.6M CNY | 49.8M CNY |
| 2023 | 1.09B CNY | 47.2M CNY | 73.6M CNY |
| 2022 | 1.28B CNY | 82.7M CNY | 121.8M CNY |
| 2021 | 1.19B CNY | 80.2M CNY | 125.4M CNY |
Balance sheet, profit and loss, cash flow and ratios of , are on its company page.
Detailed financial statements for CoWealth
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Similar companies to CoWealth
10 companies that operate in the same segment as CoWealth (Traditional Diagnostics & Medical Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Materials management solutions are provided for healthcare organizations. | 1892 | Chicago, Illinois, United States | USD 29.13 M | USD 20.63 B | 53,000 | |
3D-printed orthopedic products are manufactured for medical applications. | 1941 | Kalamazoo, Michigan, United States | – | – | – | |
Ophthalmic pharmaceuticals and instruments are developed for eye care. | 1853 | Bridgewater, New Jersey, United States | – | USD 5.1 B | 13,500 | |
Heart pumps are developed for blood circulation and oxygenation support. | 1981 | Danvers, Massachusetts, United States | – | USD 1.03 B | 1,157 | |
Medical device management services are provided to healthcare facilities. | 1999 | Exeter, New Hampshire, United States | USD 275.93 M | USD 68.67 M | 353 | |
Medical surgical consumables including sutures and anti-microbial gloves are manufactured. | 1992 | Bengaluru, Karnataka, India | USD 102.36 M | USD 7.14 K | 39 | |
Manufacturer of medical equipments | 1967 | Bengaluru, Karnataka, India | USD 58.9 M | USD 98.65 M | 578 | |
BD is recognized for providing innovative medical technology solutions. | 1897 | Franklin Lakes, New Jersey, United States | – | USD 21.84 B | 74,000 | |
Dental lasers and scanning devices are developed for clinical use. | 1987 | Foothill Ranch, California, United States | – | USD 49.16 M | – | |
Manufacturer and distributor of aprons, surgical gowns, uniforms, and other medical products | 1966 | Mundelein, Illinois, United States | – | USD 28.45 B | 1,305 |
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Frequently Asked Questions about CoWealth
CoWealth was founded in 1997.
CoWealth is headquartered in Shanghai, China.
Duane Lee is the current CEO of CoWealth. They have also founded this company.
Annual revenue of CoWealth is $96.66M as on Dec 31, 2025.
Cowealth was established in 1997 by Duane Lee, who continues as CEO. The company operates from Shanghai, China, focusing on the distribution of medical equipment, pharmaceuticals, and laboratory reagents within the healthcare sector. Services encompass supply chain management and logistics for these products, serving regional markets. No international expansions beyond China are noted in available records.
CoWealth offers IVD and High-tech Instruments.
Yes, CoWealth is publicly traded on SSE under the ticker symbol 603122.
CoWealth operates through ,.