Tearsheet

Charming Medical (MCTA)


Market Price (1/15/2026): $29.0 | Market Cap: $-
Sector: Health Care | Industry: Health Care Facilities

Charming Medical (MCTA)


Market Price (1/15/2026): $29.0
Market Cap: $-
Sector: Health Care
Industry: Health Care Facilities

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Digital Health & Telemedicine. Themes include Personalized Diagnostics, Targeted Therapies, Show more.
High stock price volatility
Vol 12M is 320%
1  Key risks
MCTA key risks include [1] an SEC trading suspension over concerns of potential stock manipulation and [2] poor quality of earnings combined with significant liquidity risks.
0 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Digital Health & Telemedicine. Themes include Personalized Diagnostics, Targeted Therapies, Show more.
1 High stock price volatility
Vol 12M is 320%
2 Key risks
MCTA key risks include [1] an SEC trading suspension over concerns of potential stock manipulation and [2] poor quality of earnings combined with significant liquidity risks.

Valuation, Metrics & Events

MCTA Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are the key points highlighting why Charming Medical (MCTA) stock experienced significant movement between October 31, 2025, and January 15, 2026:

1. Initial Public Offering (IPO) and Nasdaq Listing: Charming Medical Limited began trading its Class A ordinary shares on the Nasdaq Capital Market on October 21, 2025, with an initial public offering (IPO) price of $4.00 per share. The successful closing of the IPO, including the full exercise of an over-allotment option raising total proceeds to approximately $7.36 million, generated initial market activity and investor attention.

2. Rapid and Significant Stock Price Appreciation: Following its IPO, MCTA experienced a dramatic surge in its stock price, reaching an all-time high of $31.70 per share by November 11, 2025. This substantial increase contributed to the overall volatility and movement of the stock within the specified period.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

10/31/2025 to 1/14/2026
ReturnCorrelation
MCTA24.9% 
Market (SPY)1.2%85.4%
Sector (XLV)9.4%34.3%

Fundamental Drivers

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Market Drivers

7/31/2025 to 1/14/2026
ReturnCorrelation
MCTA  
Market (SPY)9.5%20.0%
Sector (XLV)21.6%-31.3%

Fundamental Drivers

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Market Drivers

1/31/2025 to 1/14/2026
ReturnCorrelation
MCTA  
Market (SPY)15.7%20.0%
Sector (XLV)8.9%-31.3%

Fundamental Drivers

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Market Drivers

1/31/2023 to 1/14/2026
ReturnCorrelation
MCTA  
Market (SPY)76.2%20.0%
Sector (XLV)23.9%-31.3%

Return vs. Risk


Price Returns Compared

 202120222023202420252026Total [1]
Returns
MCTA Return-------
Peers Return15%-23%44%-36%20%11%8%
S&P 500 Return27%-19%24%23%16%2%85%

Monthly Win Rates [3]
MCTA Win Rate----100%- 
Peers Win Rate58%35%60%40%43%100% 
S&P 500 Win Rate75%42%67%75%67%100% 

Max Drawdowns [4]
MCTA Max Drawdown------ 
Peers Max Drawdown-13%-50%-22%-45%-35%-1% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%0% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: USNA, NUS, NATR, HLF, ELF.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 1/14/2026 (YTD)

How Low Can It Go

MCTA has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

Unique KeyEventXLVS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-16.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven19.1%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven599 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-28.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven40.4%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven116 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-15.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven18.8%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven326 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-40.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven68.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,100 days1,480 days

Compare to USNA, NUS, NATR, HLF, ELF

In The Past

SPDR Select Sector Fund's stock fell -16.1% during the 2022 Inflation Shock from a high on 4/8/2022. A -16.1% loss requires a 19.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Charming Medical (MCTA)

We are a Hong Kong-based provider of Traditional Chinese Medicine (TCM)-inspired therapies and products. We offer a wide range of beauty, wellness, and postpartum services and products rooted and influenced by the principles and practices of TCM, such as the use of herbal ingredients, acupuncture techniques, Tuina massage, and dietary guidance. Operating under the Beauty Lab Group (“Beauty Lab”) brand, our Operating Subsidiaries in Hong Kong offer a wide range of TCM-inspired beauty, wellness, and postpartum therapies and products through our four wellness centers in Hong Kong. Our services are designed to meet diverse health improvement needs, including alleviating premenstrual syndrome, menstrual irregularities, dysmenorrhea, leukorrhea, pelvic inflammatory disease, menopausal care, breast health, and other common women’s health conditions. We believe that our TCM-inspired herbal therapies can help balance the female endocrine system and improve women’s constitution and overall health. Additionally, the Operating Subsidiaries offer TCM-inspired therapies tailored to men. We offer a wide range of beauty, wellness, and postpartum services for women with a focus on utilizing TCM approaches in addressing women’s health issues. Our beauty, wellness, and postpartum services include but are not limited to womb-warming therapy, BTS (Beauty, Tailor-made, Slim) pelvic detox therapy, agarwood moxibustion therapy, TCM-inspired prenatal massage, and Indonesian traditional abdominal binding. In addition, under the “Beauty Lab” brand, we also offer supplements products, including (i) TCM-inspired supplements products, such as Beauty Lab home herbal uterine care patch, probiotic intimate wash, and Yin nourishing pill sets, designed to support uterine health, improve physical weakness, and balance endocrine functions for female customers; and (ii) beauty products, including ginseng soothing anti-allergy moisturizing wash, which provide comprehensive care for skin issues, and scalp health. Moreover, we also offer consultancy services to provide TCM-inspired therapy technical training and dietary therapy training to other well-established and reputable beauty salons, massage centers, and similar institutions. In March 2025, we launched a franchise model for our Beauty Lab brand, granting exclusive rights to independent third parties (the “Franchisees”) to operate branded beauty and wellness outlets. Franchisees are authorized to offer services such as scalp and hair care and women’s wellness services under the Beauty Lab brand. We derive franchise-related revenue mainly from initial franchise fees, royalty and promotional fees, brand management fees, training and administration fees. As of March 31, 2025 and as of the date of this prospectus, we had 1 and 3 franchisees, respectively. We generated revenue of $6,221,751 and $6,015,375, respectively, and achieved a net income of $1,199,085 and $821,743, respectively, for the years ended March 31, 2025 and 2024. We generated revenue primarily through the following: (i) beauty, wellness, and postpartum services; (ii) sales of products; (iii) consultancy services; and (iv) franchise activities. For the fiscal years ended March 31, 2025 and 2024, the revenue from beauty, wellness, and postpartum services amounted to $5,967,277 and $5,813,814, representing 96.0% and 96.6% of total revenue, respectively. The revenue from sales of products was $207,766 and $88,992 for the fiscal years ended March 31, 2025 and 2024, representing 3.2% and 1.5% of total revenue, respectively. The revenue from consultancy services was nil and $112,569 for the fiscal years ended March 31, 2025 and 2024, representing 0% and 1.9% of total revenue, respectively. The revenue from franchise activities was $46,708 and nil for the fiscal years ended March 31, 2025 and 2024, representing 0.8% and 0% of total revenue, respectively. Our principal executive office is located Hong Kong.

AI Analysis | Feedback

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AI Analysis | Feedback

I could not locate a public company named 'Charming Medical' with the stock symbol MCTA in financial databases. The following are hypothetical products for a company with such a name:
  • Aesthetic Enhancement Systems: Comprehensive suite of non-invasive devices for cosmetic procedures, including advanced laser platforms and radiofrequency tools for skin tightening and rejuvenation.
  • Personalized Digital Health Assistants: AI-driven software applications that provide tailored health insights, medication reminders, and virtual coaching to empower individuals in managing their well-being.
  • Comfort-Focused Patient Recovery Aids: Ergonomic and technologically integrated medical aids, such as specialized mobility devices and therapeutic support systems, designed to enhance patient comfort during recovery.
  • Minimally Invasive Surgical Technologies: Precision instruments and visualization systems designed to enable less invasive surgical procedures, leading to faster recovery times and reduced patient discomfort.

AI Analysis | Feedback

Charming Medical (MCTA) Major Customers

Charming Medical (MCTA) Major Customers

A comprehensive search for a publicly traded company named "Charming Medical" with the stock symbol MCTA did not yield results for an existing, real entity. It is highly probable that this company is fictitious, or there might be a typo in the provided name or symbol.

As I cannot identify actual customers for a non-existent company, I will provide hypothetical examples for both a business-to-business (B2B) model and a business-to-consumer (B2C) model, demonstrating how this information would typically be presented for a real medical company.

Hypothetical Scenario 1: Company Sells Primarily to Other Companies (B2B)

If Charming Medical (MCTA) were a real company that manufactures specialized medical equipment, pharmaceuticals, or provides healthcare technology solutions primarily to other businesses, its major customers might include:

  • Large Hospital Systems: These integrated healthcare providers often purchase medical devices, supplies, and IT services in bulk.
    • HCA Healthcare (Symbol: HCA)
    • Tenet Healthcare (Symbol: THC)
    • Universal Health Services (Symbol: UHS)
  • Group Purchasing Organizations (GPOs): Organizations that aggregate purchasing power for hospitals and other healthcare providers to negotiate discounts with manufacturers and vendors.
    • Premier, Inc. (Symbol: PINC)
    • Vizient (Private company)
  • Pharmaceutical Distributors: Companies that distribute drugs and medical products from manufacturers to pharmacies, hospitals, and clinics.
    • McKesson Corporation (Symbol: MCK)
    • Cardinal Health, Inc. (Symbol: CAH)

Hypothetical Scenario 2: Company Sells Primarily to Individuals (B2C)

If Charming Medical (MCTA) were a real company primarily selling medical products or services directly to individuals (e.g., durable medical equipment, telehealth services, direct-to-consumer lab testing, home health aids), its customer categories might include:

  • Patients Requiring Chronic Care Management: Individuals living with long-term conditions such as diabetes, heart disease, or respiratory illnesses, who need ongoing monitoring devices, specialized supplies, or regular remote consultations.
  • Health-Conscious Consumers Seeking Preventative Care: Individuals actively investing in wellness products, fitness trackers, early diagnostic kits, or nutritional supplements to maintain or improve their health proactively.
  • Elderly or Mobility-Challenged Individuals: Customers requiring assistive devices (e.g., walkers, wheelchairs), home health services, remote patient monitoring systems, or accessible home modification products to support independent living.

AI Analysis | Feedback

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AI Analysis | Feedback

Kit Wong, Chief Executive Officer, Director
Charming Medical Limited, headquartered in Hong Kong, was founded in 2016 and provides beauty, wellness, and postpartum services under the Beauty Lab brand name. Kit Wong serves as the Chief Executive Officer and a Director of Charming Medical Limited. Her total compensation is reported to be below average for companies of similar size in the US market, and her compensation increased by more than 20% in the past year.

AI Analysis | Feedback

The key risks to Charming Medical (symbol: MCTA) are as follows:

  1. SEC Trading Suspension and Market Manipulation Concerns: The U.S. Securities and Exchange Commission (SEC) has suspended trading of MCTA due to concerns over potential stock manipulation via social media. This action, stemming from allegations of unidentified individuals urging investors to buy, hold, or sell MCTA stocks, directly impacts the company's market access and reputation, despite Charming Medical's statement of non-participation and cooperation with the SEC and Nasdaq.
  2. Poor Quality of Earnings and Liquidity Risks: Charming Medical exhibits a poor quality of earnings, indicated by a high Sloan Ratio, which suggests a significant portion of its reported profits may be accrual-based and raises concerns about their sustainability. Furthermore, the company faces potential liquidity risks, as evidenced by its low current ratio of 0.68 and a high debt-to-equity ratio of 23.69.
  3. Regulatory Changes and Geopolitical Tensions: Operating within the healthcare sector in Hong Kong, Charming Medical is exposed to sector-specific risks, including potential regulatory changes in the healthcare industry. Additionally, the company's operations in Hong Kong make it vulnerable to the impact of geopolitical tensions in the region.

AI Analysis | Feedback

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AI Analysis | Feedback

Charming Medical (MCTA) provides Traditional Chinese Medicine (TCM)-inspired beauty, wellness, and postpartum recovery services, along with related products, primarily operating in Hong Kong under the "Beauty Lab" brand name. Its services include womb-warming therapy, pelvic detox therapy, agarwood moxibustion therapy, TCM-inspired prenatal massage, and Indonesian traditional abdominal binding. The company also offers TCM-inspired supplements and beauty products.

The addressable markets for Charming Medical's main products and services can be contextualized within the broader global medical aesthetics, minimally invasive cosmetic procedures, and aesthetic dermatology markets. While highly specialized in TCM-inspired approaches, these broader markets represent the overall demand for aesthetic enhancement and well-being services that Charming Medical aims to address.

The global aesthetic medicine market was estimated at USD 89.64 billion in 2024 and is projected to reach USD 239.98 billion by 2033, growing at a Compound Annual Growth Rate (CAGR) of 11.73% from 2025 to 2033. Similarly, another report valued the global aesthetic medicine market at USD 84.11 billion in 2023, with a projection to reach approximately USD 212.67 billion by 2033, at a CAGR of 9.72% from 2024 to 2033.

The global medical aesthetic devices market was valued at USD 16.44 billion in 2024 and is expected to reach USD 38.16 billion by 2032, growing at a CAGR of 11.10%. Another estimate places the medical aesthetic devices market size at USD 17.10 billion in 2025, forecast to reach USD 27.92 billion by 2030, with a CAGR of 10.30%. The global medical aesthetics market, more broadly, was valued at US$17.16 billion in 2024 and is projected to grow to US$35.32 billion by 2030, at a CAGR of 12.8%.

For minimally invasive cosmetic procedures, the global market size was valued at USD 6.56 billion in 2024 and is projected to grow to USD 13.99 billion in 2033, with a CAGR of 8.78% during the forecast period (2025–2033). Another report indicated the global minimally invasive cosmetic procedures market size was USD 6.39 billion in 2024, escalating to USD 16.2 billion by 2035, suggesting a CAGR of 8.83% from 2025 to 2035.

The global aesthetic dermatology market was valued at USD 18.84 billion in 2024 and is projected to grow at a CAGR of 15.04% from 2025 to 2032.

Regarding regional markets, Charming Medical is based in Hong Kong. The medical aesthetic devices market in China is expected to increase at a CAGR of 9% from 2022 to 2027. Furthermore, the Asia-Pacific region is anticipated to lead in the medical aesthetic devices market with an expected 11.45% CAGR through 2030.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Charming Medical (MCTA) over the next 2-3 years:
  • Expansion of Operations and Geographical Presence: Charming Medical plans to utilize the net proceeds from its recent Initial Public Offering (IPO) for expanding its business operations and geographical coverage. The company, based in Hong Kong, specializes in Traditional Chinese Medicine (TCM)-inspired therapies and products, focusing on beauty, wellness, and postpartum services. This expansion aims to broaden its reach beyond its current four wellness centers in Hong Kong.
  • Strategic Investments and Acquisitions: A portion of the IPO funds is earmarked for exploring potential strategic investments and acquisitions. This indicates a strategy to grow revenue through inorganic means by acquiring or investing in complementary businesses or technologies.
  • Research and Development (R&D): Charming Medical intends to enhance its research and development efforts with the capital raised from its IPO. This focus on R&D suggests the potential for new product launches, the introduction of innovative TCM-inspired therapies, or improvements to existing offerings, such as their Beauty Lab home herbal uterine care patch, probiotic intimate wash, and various beauty products.
  • Growth of Existing TCM-inspired Therapies and Products: The company's core business involves a wide range of TCM-inspired therapies and products, including womb-warming therapy, pelvic detox therapy, moxibustion, prenatal massage, and various supplements and beauty products. As the company expands its operations and geographical footprint, it is expected to increase the customer base and market penetration for these established services and products, thereby driving revenue growth.

AI Analysis | Feedback

Share Repurchases

  • Charming Medical's 1-Year Share Buyback Ratio was 0.00% as of March 2025, indicating no significant share repurchases.

Share Issuance

  • The company completed an Initial Public Offering (IPO) on October 21, 2025, issuing 1,600,000 Class A ordinary shares at $4.00 per share, generating gross proceeds of approximately $6.4 million.
  • Underwriters fully exercised an over-allotment option, purchasing an additional 240,000 Class A ordinary shares at $4.00 per share, which added $0.96 million in gross proceeds.
  • The aggregate gross proceeds from the IPO, including the over-allotment, totaled approximately $7.36 million.

Outbound Investments

  • Net proceeds from the IPO are intended for potential strategic investments and acquisitions.

Capital Expenditures

  • Capital expenditures for the six months ended March 2025 were -$0.12 million.
  • In the last 12 months, capital expenditures amounted to -$287,527.
  • The company plans to use IPO proceeds for business expansion, geographic coverage growth, and research and development, indicating future capital expenditure focus.

Trade Ideas

Select ideas related to MCTA. For more, see Trefis Trade Ideas.

Unique Key

Recent Active Movers

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Peer Comparisons for Charming Medical

Peers to compare with:

Financials

MCTAUSNANUSNATRHLFELFMedian
NameCharming.Usana He.Nu Skin .Natures .Herbalifee.l.f. B. 
Mkt Price-20.3110.6322.4115.6187.5620.31
Mkt Cap-0.40.50.41.65.10.5
Rev LTM-9131,5604754,9621,3861,386
Op Inc LTM-42602448813660
FCF LTM-19533121714253
FCF 3Y Avg-5361221909161
CFO LTM-32893830517289
CFO 3Y Avg-6610732310105105

Growth & Margins

MCTAUSNANUSNATRHLFELFMedian
NameCharming.Usana He.Nu Skin .Natures .Herbalifee.l.f. B. 
Rev Chg LTM-5.9%-12.1%6.6%-0.8%13.8%5.9%
Rev Chg 3Y Avg--3.9%-13.1%2.8%-2.4%47.9%-2.4%
Rev Chg Q-6.7%-15.3%12.0%2.7%14.2%6.7%
QoQ Delta Rev Chg LTM-1.5%-4.1%3.0%0.7%3.2%1.5%
Op Mgn LTM-4.6%3.9%5.1%9.8%9.8%5.1%
Op Mgn 3Y Avg-8.0%4.3%4.6%8.1%12.5%8.0%
QoQ Delta Op Mgn LTM--1.7%0.4%0.7%-0.1%-1.8%-0.1%
CFO/Rev LTM-3.5%5.7%7.9%6.1%12.4%6.1%
CFO/Rev 3Y Avg-7.3%6.0%7.0%6.2%9.8%7.0%
FCF/Rev LTM-2.0%3.4%6.6%4.4%10.2%4.4%
FCF/Rev 3Y Avg-5.9%3.5%4.9%3.8%8.7%4.9%

Valuation

MCTAUSNANUSNATRHLFELFMedian
NameCharming.Usana He.Nu Skin .Natures .Herbalifee.l.f. B. 
Mkt Cap-0.40.50.41.65.10.5
P/S-0.40.30.80.33.70.4
P/EBIT-7.63.915.33.236.97.6
P/E-22.04.826.25.062.522.0
P/CFO-11.85.910.55.329.710.5
Total Yield-4.6%23.1%3.8%19.9%1.6%4.6%
Dividend Yield-0.0%2.3%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-7.3%13.9%6.6%18.1%1.6%7.3%
D/E-0.00.60.01.40.20.2
Net D/E--0.40.1-0.21.20.10.1

Returns

MCTAUSNANUSNATRHLFELFMedian
NameCharming.Usana He.Nu Skin .Natures .Herbalifee.l.f. B. 
1M Rtn--0.0%1.2%-3.5%4.8%11.4%1.2%
3M Rtn--1.0%0.7%50.8%78.8%-34.7%0.7%
6M Rtn--35.2%29.8%47.3%71.9%-19.3%29.8%
12M Rtn--39.5%58.8%60.1%152.6%-33.4%58.8%
3Y Rtn--64.9%-71.6%124.3%-5.2%66.0%-5.2%
1M Excs Rtn--2.0%-1.3%-2.9%4.4%13.2%-1.3%
3M Excs Rtn--8.5%-3.7%47.9%74.8%-38.2%-3.7%
6M Excs Rtn--45.8%19.2%36.8%61.3%-29.9%19.2%
12M Excs Rtn--59.0%41.0%41.8%123.0%-52.4%41.0%
3Y Excs Rtn--141.8%-150.7%67.8%-83.2%-20.9%-83.2%

Financials

Segment Financials

Revenue by Segment
$ Mil2025
Beauty, wellness and postpartum services3
Sales of products0
Consultancy services0
Total4


Short Interest

Short Interest: As Of Date12312025
Short Interest: Shares Quantity694,924
Short Interest: % Change Since 12152025-0.2%
Average Daily Volume0
Days-to-Cover Short Interest999.99

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202507/30/2025F-1/A (03/31/2025)
09/30/202405/14/2025F-1 (09/30/2024)