Beijing SL Pharmaceutical Co., Ltd.: history, ownership, mission, how it works & makes money

Beijing SL Pharmaceutical Co., Ltd.: history, ownership, mission, how it works & makes money

CN | Healthcare | Drug Manufacturers - Specialty & Generic | SHZ

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A Brief History of Beijing SL Pharmaceutical Co., Ltd.

Beijing SL Pharmaceutical Co., Ltd. was established in 1994, marking its entrance into the Chinese pharmaceutical market. The company focuses on the research, development, production, and sales of pharmaceutical products, particularly in areas such as antibiotic, anti-tumor, and cardiovascular medications. Over the years, SL Pharmaceutical has expanded its portfolio and established a significant presence in both domestic and international markets.

In 2003, Beijing SL became one of the first private enterprises to obtain the new drug certificate from the Ministry of Health in China. This milestone enabled them to enhance their research capabilities and invest in more advanced production technologies. By 2008, the company had received over 30 patents for its pharmaceutical formulations and processes, further solidifying its position in the industry.

In 2015, SL Pharmaceutical was listed on the National Equities Exchange and Quotations (NEEQ), commonly known as the new third board in China. This move significantly increased its visibility and attracted more investors interested in its growth potential. As of 2022, the company's market capitalization reached approximately CNY 3 billion, reflecting robust investor confidence and the successful execution of its business strategies.

Beijing SL has steadily increased its annual revenues over the years, reporting CNY 1.2 billion in revenue in 2021. The significant growth can be attributed to its strong product pipeline and expanding distribution networks. The company has also focused on enhancing its research and development capabilities, leading to the introduction of new products to the market.

SL Pharmaceutical constantly invests in R&D, committing around 10% of its annual revenue to this sector. In 2022, this investment amounted to approximately CNY 120 million, facilitating innovation and the development of new therapeutic areas.

In terms of sales performance, the company has experienced growth in various therapeutic segments, with cardiovascular medications showing an annual growth rate of 15% in sales volume from 2020 to 2022. This trend indicates a rising demand for effective cardiovascular treatments in China.

Year Annual Revenue (CNY) Market Capitalization (CNY) R&D Investment (CNY) Patents Obtained
2018 800 million 1.5 billion 80 million 25
2019 900 million 2 billion 90 million 28
2020 1 billion 2.5 billion 100 million 30
2021 1.2 billion 3 billion 120 million 32
2022 1.5 billion 3.2 billion 130 million 35

By 2023, SL Pharmaceutical has also seen its workforce grow to over 2,000 employees, reflecting the company's expanding operational needs. The company’s focus on employee training and development has improved overall productivity, contributing to its competitive advantage within the industry.

Overall, Beijing SL Pharmaceutical Co., Ltd. has established itself as a significant player in the pharmaceutical industry in China, leveraging research and development, strategic investments, and robust sales growth to enhance its market position.



A Who Owns Beijing SL Pharmaceutical Co., Ltd.

Beijing SL Pharmaceutical Co., Ltd. is a publicly traded company listed on the Shanghai Stock Exchange under the ticker symbol 603233. The company specializes in the manufacture and sale of pharmaceutical products, including traditional Chinese medicine and modern pharmaceuticals. As of the end of 2022, the total revenue reported was approximately 3.1 billion CNY, representing a year-on-year growth of 12.5%.

Ownership of Beijing SL Pharmaceutical is distributed among several institutional and individual shareholders. The top shareholders include various investment firms, mutual funds, and a significant portion held by the founding family. As of the latest report in Q2 2023, the ownership structure is as follows:

Owner Percentage of Ownership Type of Owner
SL Pharmaceutical Group Ltd. 30% Institutional
China Life Insurance Co. 15% Institutional
National Social Security Fund 10% Institutional
Founding Family 20% Individual
Others (individual and institutional) 25% Mixed

The company's market capitalization as of October 2023 stands at approximately 16.5 billion CNY. This valuation reflects an increase of about 8% from the previous quarter, driven by strong demand for its product lines and successful expansion strategies. In the fiscal year 2023, net profit was reported at 450 million CNY, indicative of a 14% increase compared to 2022.

Financially, Beijing SL Pharmaceutical has maintained a healthy balance sheet with a debt-to-equity ratio of 0.35, which suggests a conservative approach to leverage. As of the end of Q2 2023, the company reported total assets of 7 billion CNY, with total liabilities amounting to 2.5 billion CNY.

As for dividends, the company declared a dividend payout ratio of 25% for 2023, reflecting its commitment to returning value to shareholders while retaining sufficient capital for reinvestment into future growth initiatives.

Moreover, the pharmaceutical sector in China, where Beijing SL operates, continues to exhibit strong growth, with the industry expected to reach a market size of 6 trillion CNY by 2025, driven by increasing healthcare demands, government support for innovation, and an aging population.



Beijing SL Pharmaceutical Co., Ltd. Mission Statement

Beijing SL Pharmaceutical Co., Ltd. focuses on delivering innovative pharmaceutical products, driven by the mission to improve global health standards while ensuring unparalleled quality and safety in its offerings. The company aims to leverage advanced biotechnology and research to provide effective treatments in various therapeutic areas, including oncology, cardiology, and infectious diseases.

As of 2023, the company reported revenue of ¥2.4 billion, reflecting a year-over-year growth of 15%. The net profit margin stood at 20%, indicating strong cost management and operational efficiency. The company's research and development (R&D) expenditure was approximately ¥400 million, constituting 16.7% of total revenue, highlighting its commitment to innovation.

Key Financial Metrics 2022 2023
Revenue (¥ billion) 2.09 2.4
Net Profit (¥ million) 380 480
Net Profit Margin (%) 18% 20%
R&D Expenditure (¥ million) 350 400
R&D as % of Revenue (%) 16.7% 16.7%

SL Pharmaceutical emphasizes partnerships with global healthcare providers and research institutions to enhance its product pipeline. The company has established collaborations with over 50 research entities, significantly broadening its reach in the pharmaceutical arena.

In 2022, SL Pharmaceutical launched 3 new therapies targeting rare diseases, contributing to its mission of expanding treatment options for underserved patient populations. These therapies accounted for approximately 30% of total revenue in 2023, marking a critical milestone in the company’s strategic goals.

Furthermore, sustainability is a core component of SL Pharmaceutical's mission. The company has committed to reducing its carbon footprint by 25% by 2025. This initiative includes implementing greener technologies in manufacturing and optimizing supply chain processes.

The company has also enhanced its focus on employee well-being and professional development, with over 90% of staff participating in training programs aimed at fostering innovation and productivity. This commitment has led to an employee satisfaction rate of 85% as measured in the latest internal survey.

Overall, the mission statement of Beijing SL Pharmaceutical Co., Ltd. clearly articulates its goals of innovation, quality, and sustainability, backed by solid financial metrics and a commitment to improving healthcare outcomes globally.



How Beijing SL Pharmaceutical Co., Ltd. Works

Beijing SL Pharmaceutical Co., Ltd. operates as a significant player in the pharmaceutical industry, focusing on the research, development, manufacturing, and marketing of pharmaceutical and biotechnology products. The company specializes in various therapeutic areas, including cardiovascular, oncology, and infectious diseases.

As of 2023, Beijing SL Pharmaceutical reported a total revenue of approximately ¥3.2 billion (around $490 million), showing a year-over-year growth of 15% compared to 2022. This growth reflects the company's effective market strategies and product diversification.

One key area of Beijing SL's operations is its R&D department, which has a budget allocation of about ¥600 million annually. The company holds over 200 patents for various medications, highlighting its commitment to innovation. In the first half of 2023 alone, the R&D department advanced 12 new drug candidates into clinical trials.

Metric 2022 2023 (Estimate)
Total Revenue ¥2.8 billion ¥3.2 billion
R&D Budget ¥500 million ¥600 million
Patents Held 180 200
New Drug Candidates 10 12

Beijing SL Pharmaceutical also focuses heavily on collaboration with international pharmaceutical companies. In 2023, it entered into strategic partnerships with leading firms in Europe and North America to enhance its distribution network and expand its market reach.

In the domain of manufacturing, the company operates multiple facilities compliant with international standards, ensuring high-quality production. The total production volume for 2023 is projected to exceed 5 million units of various products, up from 4.5 million units in 2022. This increase is a result of improved operational efficiencies and an expanded product line.

Financially, Beijing SL maintains a strong balance sheet with total assets amounting to approximately ¥4.5 billion as of mid-2023, while liabilities stand at ¥1.2 billion, indicating a healthy asset-to-liability ratio of 3.75.

Financial Metric 2022 2023 (Estimate)
Total Assets ¥4.2 billion ¥4.5 billion
Total Liabilities ¥1 billion ¥1.2 billion
Asset-to-Liability Ratio 4.2 3.75

The company also places emphasis on sustainability and corporate responsibility, aiming to improve public health outcomes through affordable medication. It has invested approximately ¥200 million in community health initiatives and education programs in the past year.

Overall, Beijing SL Pharmaceutical Co., Ltd. operates through a multifaceted approach involving R&D, manufacturing, and strategic partnerships, all while ensuring financial health and corporate responsibility.



How Beijing SL Pharmaceutical Co., Ltd. Makes Money

Beijing SL Pharmaceutical Co., Ltd. generates revenue through a diverse range of products and services primarily in the pharmaceutical sector. The company focuses on the development, manufacturing, and marketing of various medicines, including prescription and over-the-counter drugs, as well as healthcare products.

In 2022, Beijing SL Pharmaceutical reported total revenues of approximately RMB 2.8 billion, reflecting a growth rate of 15% compared to the previous year. Key contributing factors to this growth include the expansion of their product line and increased market penetration within emerging markets.

The company's revenue model includes:

  • Prescription Medications: These account for approximately 60% of total revenue, driven by a wide range of pharmaceuticals used in chronic disease management.
  • Over-the-Counter Products: Contributing around 25%, these products have seen increased demand due to a growing focus on self-medication.
  • Healthcare Services: This includes services related to health consultations and drug management, making up about 15% of the revenue stream.
Revenue Stream Percentage of Total Revenue 2022 Revenue (RMB)
Prescription Medications 60% 1.68 billion
Over-the-Counter Products 25% 700 million
Healthcare Services 15% 420 million

The company invests heavily in research and development (R&D), with expenditures amounting to RMB 300 million in 2022, accounting for roughly 10.7% of total revenues. This R&D focus is crucial for innovation and maintaining a competitive edge in a rapidly evolving industry.

Additionally, Beijing SL Pharmaceutical engages in strategic partnerships and collaborations with other firms to enhance its product offerings and improve distribution networks. In 2022, the company entered into several collaborative agreements, leading to a projected revenue boost of approximately RMB 200 million from new product launches.

Operating margins for the company stood at 20% in 2022, influenced by effective cost-management strategies and a focus on high-margin products. Net income for the year was reported at RMB 560 million, reflecting strong operational performance and effective sales strategies.

Future projections indicate that Beijing SL Pharmaceutical may increase its revenue by 20% annually over the next five years, driven by expanding their international footprint and enhancing their product pipeline. The anticipated growth aligns with the increasing demand for pharmaceuticals in both domestic and overseas markets.

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