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Yuyue Medical is a company whose main business is to provide household medical devices, medical clinical products and related medical services, and the R&D, manufacturing and sales of medical device products and related solutions are the company's core business and the main source of the company's performance. At present, Yuyue Medical's products are mainly concentrated in the business fields of respiratory oxygen production, diabetes care, infection control solutions, household electronic testing and in vitro diagnosis, first aid and clinical and rehabilitation equipment.
Yuyue Medical's 2023 annual report mainly accounts and financial indicators
According to the latest annual report released by Yuyue Medical, in 2023, the company's business scale will develop rapidly, and its profitability will be improved, achieving a total operating income of 7.972 billion yuan, a year-on-year increase of 12.25%, an operating profit of 2.893 billion yuan, a year-on-year increase of 57.10%, a net profit attributable to shareholders of listed companies of 2.396 billion yuan, a year-on-year increase of 50.21%, and a net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of 1.836 billion yuan, a year-on-year increase of 46.79%.
Yuyue Medical 2024 Q1 Report Key accounting data and financial indicators
However, it is worth noting that in the first quarter of this year, Yuyue Medical achieved operating income of 2.231 billion yuan, a year-on-year decrease of 17.44%; net profit attributable to shareholders of listed companies was 659 million yuan, down 7.58% year-on-year; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 551 million yuan, a year-on-year decrease of 21.69%.
According to media reports, Wu Qun, who was 32 years old at the time, was "ambitious" after taking over the helm, and proposed at the 2020 annual meeting that the company's goal in 2025 was to enter the world's top 30 in the medical device industry, and shouted the goal of 10 billion revenue and 100 billion market value for Yuyue Medical.
Panorama interactive platform for investor relations
Recently, there are also investors who are concerned about Yuyue Medical's goal of "10 billion revenue, 100 billion market value, and entering the top 30 in the global medical device industry" on the interactive platform. The company replied on the interactive platform, "There will definitely be pressure, but we will still turn pressure into motivation, thank you"
Yuyue Medical daily chart
As of June 27, Yuyue Medical's share price closed at 37.75 yuan, with a total market value of 37.84 billion yuan. It is not difficult to see that at this stage, there is still a big gap between Yuyue Medical and the market value of 100 billion yuan.
Industry insiders pointed out that the growth of the market value of listed companies not only depends on the company's own efforts, but also needs to take into account the macroeconomic environment and the support of industry policies. At present, the country's investment in medical and health care continues to increase, the optimization and adjustment of medical insurance policies and the support for innovative medical devices have brought positive impacts to enterprises such as Yuyue Medical. At the same time, the expansion of the global medical equipment market also provides a broader development space for Yuyue Medical.
Nonetheless, we must also recognize the challenges that lie ahead. Increasing competition in the international market, as well as uncertainties in the regulatory environment at home and abroad, could have an impact. Yuyue Medical needs to strengthen risk management to ensure sustainable development while maintaining innovation.
Yuyue Medical has many favorable conditions on the road to exceeding 100 billion yuan in market value by 2025, but the realization of this goal is also accompanied by many uncertainties and challenges. The market is unpredictable, and the fortunes of businesses are equally volatile. If Yuyue Medical can accurately grasp the industry trend, deepen the strategic layout in a timely manner, and strengthen its core competitiveness, then the dream of a market value of 100 billion yuan is not out of reach.
In this process, enterprises need to constantly innovate themselves and move forward with firm steps. Perhaps, just as the ancients said: "The big waves wash the sand, and the gold is seen", only after experiencing the baptism and tempering of the market can we show a more brilliant light. "Electric Eel Finance" will keep an eye on the future performance of Yuyue Medical and its market value changes.