Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.

Founded in 1998, Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. has established itself as a leading player in the medical device industry in China. The company is headquartered in Yancheng, Jiangsu Province, and specializes in the development, manufacturing, and marketing of a wide range of medical equipment and health products.

Yuyue began its operations primarily focused on medical apparatus and related health equipment. Over the years, it has diversified its offerings to include vital sign monitors, infusion pumps, nebulizers, and personal protective equipment. As of 2021, the company reported a revenue of approximately RMB 3.6 billion (≈ USD 560 million), showcasing significant growth in demand for medical devices driven by both acute healthcare needs and an increasingly health-conscious population.

The company went public on the Shenzhen Stock Exchange in 2010, under the stock code 002223, which has enabled it to raise capital for expansion and innovation. Since its IPO, Yuyue has focused on enhancing its R&D capabilities, contributing to an increase in its R&D investment to around RMB 200 million (≈ USD 31 million) in 2021, which accounted for approximately 5.5% of its total revenue.

In response to the COVID-19 pandemic, Yuyue rapidly increased the production of its medical supplies, including masks and ventilators, seeing a surge in demand. In 2020 alone, Yuyue saw its net profit jump by 118%, with the revenue generated from its protective equipment line reaching approximately RMB 1 billion (≈ USD 155 million).

The table below summarizes key financial data over the past five years for Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.

As of the first half of 2022, Yuyue reported a further rise in revenue of 15% year-on-year and was recognized as one of the top suppliers of medical devices in China. The company has also expanded its international footprint, exporting products to over 100 countries worldwide, which now represents approximately 25% of its total sales.

Looking forward, Jiangsu Yuyue aims to continue investing heavily in technology and digital health solutions, targeting a revenue increase of 20% by 2025 and continuing to set benchmarks in product innovation and market reach.

A Who Owns Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.

Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., founded in 1998, is a publicly traded company on the Shanghai Stock Exchange under the ticker 002223. As of June 30, 2023, the company reported a total market capitalization of approximately ¥30 billion (about $4.6 billion), reflecting its position within the medical equipment sector in China.

As of the latest financial disclosures, the major shareholders include:

In terms of financial performance, Jiangsu Yuyue Medical Equipment reported a revenue of ¥3.5 billion for the first half of 2023, which indicates a year-on-year growth of 15%. The net profit for the same period was approximately ¥600 million, equating to a net profit margin of around 17%.

The company is primarily engaged in the research, development, production, and sale of medical devices, including medical oxygen generators and rehabilitation equipment. The increasing demand for medical care and rehabilitation services amidst an aging population in China has positioned Jiangsu Yuyue favorably within the health sector.

Jiangsu Yuyue has expanded its operations internationally, with exports contributing to about 20% of its total revenue. Key markets include Southeast Asia and Europe, enhancing its international presence and revenue diversification strategies.

For investors, the company's earnings per share (EPS) stood at ¥0.48 for the last reporting period. The price-to-earnings (P/E) ratio is approximately 25, aligning with industry averages for companies within the medical equipment sector. The company also enjoys a dividend yield of 1.5%, which is attractive for income-seeking investors.

Overall, Jiangsu Yuyue Medical Equipment's ownership structure and robust financial metrics reflect its significant role in the healthcare landscape, leveraging both domestic demand and international opportunities to drive growth.

Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. Mission Statement

Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. is dedicated to providing innovative medical equipment and services to improve healthcare quality and accessibility. The company's mission emphasizes the importance of technological advancement, customer satisfaction, and social responsibility. Yuyue aims to enhance the health and well-being of individuals by offering high-quality medical devices and comprehensive solutions to medical service providers.

The mission encompasses key principles, including:

• Delivering reliable and advanced medical equipment.
• Ensuring customer-centric service and support.
• Fostering continuous innovation in medical technology.
• Contributing to public health and wellbeing through social initiatives.

As of the end of 2023, Jiangsu Yuyue has achieved significant milestones in terms of market presence and financial performance. The following table summarizes their key financial metrics and operational highlights:

The company focuses not only on product innovation but also on expanding access to healthcare solutions across diverse markets. This commitment is reflected in their strategic partnerships and global market reach, which includes substantial exports to over 80 countries.

Furthermore, Jiangsu Yuyue emphasizes sustainability in its operations, working towards eco-friendly manufacturing processes and practices. This aligns with their mission to not only enhance health outcomes but also consider the long-term impacts on the environment.

In summary, Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. is firmly positioned as a leader in the medical equipment industry, driven by its mission to improve healthcare quality around the globe through innovation, quality, and a strong commitment to customer service and community welfare.

How Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. Works

Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., a leading player in the healthcare industry, specializes in manufacturing and distributing medical devices and home healthcare products. As of 2023, the company has reported a revenue of approximately RMB 4.2 billion (around $600 million), showcasing a year-over-year growth of 15%.

The company's core product offerings include medical beds, rehabilitation equipment, and various medical diagnostic instruments. Their products cater primarily to hospitals, clinics, and home care settings, establishing a robust market presence both domestically in China and internationally.

Revenue Breakdown

In 2022, Jiangsu Yuyue allocated approximately RMB 300 million towards research and development, representing 7% of its total revenue. This investment underlines the company’s commitment to innovation and the enhancement of its product line, especially in areas like telemedicine and smart healthcare solutions.

The company’s operational strategy includes a dual approach: expanding its manufacturing capabilities while also enhancing its supply chain efficiency. As of 2023, Yuyue operates three major manufacturing plants located in Jiangsu, Chongqing, and Guangdong, with a combined production capacity of over 1 million units per year.

Financial Performance Metrics

In terms of market trends, the demand for home healthcare products has surged, particularly in the wake of the global health crisis. Jiangsu Yuyue has responded by expanding its product range in home care equipment, with sales in this segment up by 25% in 2023 compared to the previous year.

The company has also made strides in international markets, exporting products to over 30 countries in Europe, Asia, and North America. In 2023, the export revenue accounted for 20% of the company's total sales, up from 15% in 2022.

Key Challenges and Opportunities

Despite its impressive growth, Jiangsu Yuyue faces challenges including fierce competition from both domestic and international brands. The market is characterized by rapid technological advancements, necessitating continuous innovation and adaptation.

On the opportunity front, the increasing aging population in China and globally is expected to drive demand for medical equipment and healthcare services. Jiangsu Yuyue is well-positioned to capitalize on this trend, forecasting a market growth rate of 12% annually in the medical device sector over the next five years.

How Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. Makes Money

Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. is a prominent player in China's medical device industry. The company generates revenue through multiple streams, significantly contributing to its financial performance in the market.

Revenue Streams

The primary revenue sources for Jiangsu Yuyue include:

• Manufacturing and sales of medical devices.
• Healthcare services and solutions.
• Maintenance and support services for medical equipment.
• Export sales to international markets.

Sales Performance

In the financial year ended December 31, 2022, Jiangsu Yuyue reported total revenues of approximately RMB 7.2 billion, marking an increase of 13.6% from the previous year. The breakdown of sales by product category was as follows:

Profitability Metrics

Jiangsu Yuyue has demonstrated strong profitability as well. For the fiscal year 2022, the net profit was reported at approximately RMB 1.2 billion, which translates to a profit margin of 16.7%. This reflects effective cost management and operational efficiency.

Market Share and Position

As of 2023, Jiangsu Yuyue holds an estimated 10% share of the domestic medical device market in China, positioning it as one of the leading manufacturers in the sector. The company benefits from its robust supply chain and extensive distribution network.

Export Growth

International sales represented around 25% of total revenue in 2022, with significant growth noted in regions such as Southeast Asia and Europe. The company's international revenue reached approximately RMB 1.8 billion.

Investment in R&D

Jiangsu Yuyue invests heavily in research and development, allocating around RMB 300 million annually. The emphasis on innovation supports the development of advanced medical technologies that appeal to both domestic and international markets.

Strategic Partnerships

The company has established partnerships with various healthcare institutions and universities, enhancing its product offerings and market reach. These collaborations contribute to increased sales and improved product credibility.

Future Outlook

The company forecasts a revenue growth rate of approximately 15% for the upcoming fiscal year, bolstered by expanding international sales and innovation in product development. Jiangsu Yuyue's diversified revenue streams and strategic initiatives are expected to sustain its profitability in the competitive medical device market.