MIIT data: Yixie first half profit growth of 29.30%

August 26, the State Ministry of Industry issued "2016 - June pharmaceutical industry main economic indicators", medical equipment pharmaceutical industry to become the big winner, revenues, earnings outperformed other sub-sectors.

It is noteworthy that, after a slow growth after last year's profits this year, the medical device industry has finally ushered in a big change, total industry profit growth rate reached 29.30 percent, far higher than other sub-sectors a congregation.

Medical Devices main income growing faster

2016 January to June, the national pharmaceutical industry enterprises above designated size main business income of 1.363565 trillion yuan, an increase of 10.14%. This is following the 2015 year on year growth for the first time fell below 10% after the pharmaceutical industry as a whole and finally out of the downturn, more than 10% revenue growth to return.

Various sub-sectors, the main business income is the fastest growing Chinese medicine processing, followed by medical equipment and instrument manufacturing. Special equipment manufacturing industry, the pharmaceutical industry is the bottom, the main business revenue growth of only 6.46%.

Medical equipment and instrument manufacturing industry in the first half of this year the total main business income of 12.2 billion yuan, up 12.60 percent.

By comparison: January-June 2015, equipment and instrument manufacturing industry, the main business of medical equipment total revenue of 108.092 billion yuan, year on year growth rate of 12.05%, 0.01% narrowly leading Chinese medicine processing, living in the various sub-sectors first. The January-June 2014, the industry's main income year on year growth of 15.24%, living third sub-sectors.

3 consecutive years, medical equipment and instrument manufacturing industry revenue performance in the pharmaceutical industry are regarded as the better. Of course, the industry growth rate this year, higher than last year, but also can not completely out of the industry downturn, back on more than 15% growth rate.

January to June 2016, the main business income sanitary materials and medical supplies manufacturing industry was 97.898 billion yuan, an increase of 10.62%, also exceeded the overall growth rate of the pharmaceutical industry.

However, compared with the previous two years, sanitary materials and medical supplies manufacturing industry's performance can only be said to be getting worse. The first half of 2014, the industry growth rate of 18.13 percent year on year; the first half of 2015, year on year growth of 11.45%; again this year dropped to 10.62% a.

Medical Devices industry profits big change

2016 January to June, the national pharmaceutical industry scale enterprises realized a total profit of 144.967 billion yuan, an increase of 14.61 percent, higher than the national growth rate of the overall industry 8.41 percent, compared with the same period last year increase 1.76 percentage points.

Each sub-sector, profit is the fastest growing manufacturer of chemical raw materials, followed by medical equipment and device manufacturers, pharmaceutical special equipment manufacturing industry is still bottom of the profits even negative growth.

In the first half of this year, the total amount of medical equipment and instrument manufacturing industry profit of 12.225 billion yuan, an increase of 29.30%.

By comparison: the first half of 2015, the total amount of medical equipment and instrument manufacturing industry profit of 9.244 billion yuan, year on year growth rate of only 4.71%, living in various sub-sectors in the penultimate. The first half of 2014, medical equipment and instrument manufacturing industry profit growth of 12.63%, living in the various sub-sectors fourth from the bottom, also underperformed the overall growth of the pharmaceutical industry.

Compared with the previous two years, medical equipment and instrument manufacturing industry can be a big turn profits, coupled with good revenue performance, the industry can be said to tide swept away, showing a good profit prospects.

The problem is, 29.30 percent profit growth, such high standards of your home yet?

In addition, from January to June 2016, a total profit of sanitary materials and medical supplies manufacturing industry was 8.831 billion yuan, an increase of 9.32%, living in the industry-wide fourth from the bottom, it failed to outperform the pharmaceutical industry as a whole.

In 2015, sanitary materials and medical supplies manufacturing industry's profit growth may still among the highest in the industry. This year is so decline. At the same time, the industry's revenue but outperformed the pharmaceutical industry as a whole. Visible ruthless cost control of the industry.

Other data

January to June 2016, above-scale pharmaceutical industrial added value increased 10.3%, the growth rate increased 0.4 percentage points from a year earlier, higher than the overall industry growth rate of 4.3 percentage points. Pharmaceutical industry industrial added value in the overall proportion was 3.3%.

January to June 2016, the pharmaceutical industry to achieve above-scale enterprises export delivery value of 92.955 billion yuan, an increase of 8.03 percent, the growth rate increase of 4.08 percentage points over the same period last year.