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Old 04-21-2011, 06:16 AM   #1
ritamilk0885
 
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Default the medical equipment system and sustained high medical equipment revenue growth

Each person’s physique is not the same, so everyone is not the same severity of illness, then select the medical equipment system will be different, some people would choose medical equipment, and some will choose another.
Public health go hand in hand a new pattern. Heping District, the main line of scientific development, to protect people’s health as the goal, to strengthen the medical equipment system and content development as the focus, after years of efforts, and basically built a modern central functional orientation to match the urban health service system, build the basic medical and public health go hand in hand in the new pattern. The formation of this pattern for the successful creation of a zone of peace countries have played an important role in health districts. In 2005, a zone of peace by the Ministry of Health and State Administration of Traditional acceptance, becoming the first national demonstration area of community health services are characteristic of Chinese medicine cum Community Health Service demonstration area. District medical health care environment and patient conditions improved significantly, rising the level of people’s health, happiness growing. In less than 10 square kilometers of land, Heping District, Tianjin Medical University General Hospital, not only has, Tianjin Chest Hospital, etc., a number of municipal general hospitals and specialized hospitals, also has six community health service centers, 23 health service stations, maternity hospitals, maternity and child care, dental hospitals, disease prevention and medical equipment control centers, health education, guidance center, Health Authority, in the care and other health agencies, community residents can not get basic medical and public health services. Heping District, the average life expectancy of the population reached 83.07 years, maternal mortality in the 10/10 million, and the infant mortality rate at 4%. Below the EPI vaccination rate of 98% or more. Good medical environment and the maturing of the public health service system, so that area into a healthy haven of peace.
However, we think the physical is not the same, for example, some people liked medical equipment, but some people will choose the medical equipment system, although sustained high medical equipment revenue growth not very good, but some people will choose.
2010 the company achieved total revenue of 884 million yuan, an increase of 64.33%, operating profit and total profit of 1.71 billion yuan and 181 million, which attributable to ordinary shareholders Net profit was 1.61 billion yuan, an increase of 60.01% , earnings per share were 0.64 yuan, to equity shares for every 10 shares 6 shares. Basically consistent with our previous performance expectations. sustained high medical equipment revenue growth, gross margins declined. Benefit from the heavy volume of traditional products and the rapid growth of new products, the company rehabilitation care series and clinical medical oxygen and medical equipment product line sales revenue to maintain the momentum of rapid growth in the first half of 2010, year on year growth of 46.81%, 90.56% and 102.04%. However, as the main raw material aluminum, mercury and copper rod, etc. prices makes the overall gross profit margin fell 2.9 percentage points year on year, 35.15%, which is the core of the first half of the oxygen declines in component costs to improve gross margins appeared very different trend, resulting in performance below the market consensus. management fee rate of decline than expected income tax rate substantially reduced. Cost of the company in 2010 was 15.01% during the period, down 1.03 percentage points, and management expense ratio primarily related to the R & D spending and therefore significantly reduce wage costs in the second half with the first half of the medical equipment year on year rate of increase appears the opposite trend. Also in 2010 corporate income tax rate was 10.69%, down by 3.68 percentage points, thickening of certain performance growth.
However, as some people, then, Richina than the medical equipment system better than many, many, as opposed to the words of these two is there are still many people choose to sustained high medical equipment revenue growth’s.
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