Subdivided field growth list of "health care" articles

As of April 10, among the 29 A-share health care listed companies (Shenwan Industry Classification), there were 28 companies that have announced 2014 annual results (including annual reports, express reports and advance notices), leaving only Xinhua Medical Group still undisclosed.

70% of enterprises achieve considerable growth

On the whole, about 75% of the company's 2014 net profit (net profit attributable to shareholders of listed companies, the same below) has increased compared with the previous year. The proportion of companies with negative profit growth is closer to that of proprietary Chinese medicine industry. Pharmaceutical and commercial enterprises are inferior. Among them, Jiu'an Medical's net profit increased by 223.87% year-on-year, which is the highest among all healthcare companies. In fact, Jiu'an Medical also lost a loss of about 9.168 million yuan in 2013. Although it turned losses into profit this year, its revenue growth was only 5.74%. According to its announcement, the transfer of equity in companies such as iSmartAlarm has generated a large amount of investment income, which has a greater impact on performance.

Companies with growth rates of more than 50% include Connet and Qianshan Pharmaceutical.

Among them, Connet's 2014 revenue and net profit increased by 48.11% and 83.45%, respectively. It is worth noting that the company fell into a loss in 2012 and successfully turned losses in 2013.

About 60% of Connaught's revenue comes from overseas markets, so it is expanding its domestic retail market, such as promoting e-commerce network platform and physical experience store marketing model, and expanding its door-to-door optician business in Shanghai. However, according to its announcement, the benefits of the improvement in performance include the merger of Japan's Asahi profits and the reasonable stop-up of the retail business, which may suggest that its retail business is not progressing smoothly.

Qianshan Pharmaceutical's 2014 revenue and net profit increased by 28.41% and 58.98%, respectively. Among them, the subsidiary Acer's gene entered the production and operation period, and realized the business income of 23.1335 million yuan. The company also “expected that the impact of non-recurring gains and losses on net profit was about 241.43 million yuan”.

The star company Aier Ophthalmology also achieved a net profit growth rate of nearly 40%. In 2014, it established new Huizhou Aier, Jingzhou Aier, Yingkou Aier, Jilin Aier and Xiangxi Aier through its own funds, and launched three consecutively. In the case of industrial mergers and acquisitions funds, projects that are prepared for future mergers may continue to maintain a high growth rate if they are incorporated into listed companies.

Six companies have negative net profit growth

The fastest decline in net profit is Yihua Health. Its predecessor was Yihua Real Estate. In 2014, it acquired the entire share capital of Guangdong Zhongankang Logistics Group Co., Ltd. for 720 million yuan and acquired 20% of Shenzhen Youde Medical Technology Co., Ltd. for 120 million yuan. Equity, began to enter the medical service industry.

Libang Instruments, which has a net profit growth of nearly 60%, attributed its decline to “higher levels of marketing network construction and R&D expenses”.

In addition, although Kailitai's revenue increased by 76.4%, its net profit showed a negative growth. The company explained that the various expenses during the expansion period increased significantly.

In addition, China Resources Wandong and Bohui Innovation both experienced negative growth in revenue and profits.

China Resources Wandong said that the change of controlling shareholder affected the business. In 2014, Yuyue Medical initiated the acquisition offer. On April 8, 2015, 51.51% of the shares of China Resources Vanguard held by Beijing Pharmaceutical Group were transferred to Yuyue Technology. under.

Bohui Innovation said that the decrease in operating profit of 30% during the reporting period was mainly due to the increase in expenses.

Subdivided field growth list of "health care" articles

Subdivided field growth list of "health care" articles

2014 A-share health care companies net profit growth rate list (units / 10,000 yuan)

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