As the index used to measure the profitability of enterprises, the gross profit margin is often the focus of attention of all parties in the market. The calculation method of gross profit margin is the gross profit = (revenue minus operating cost) as a percentage of operating revenue, Generally speaking, the more profitable companies, the more profitable. So what kind of industry, industry, what kind of corporate gross profit margin will be high?
According to A-share listed companies annual report statistics show that two industries have significantly higher gross profit margin than other industries, one is medicine Industry and the other is the computer industry.The common feature of both industries is that they belong to the high-tech industry and produce high-tech products.
Gross profit margin of more than 50% listed companies belong to the major industries
Industry name
Number of companies
Medical biology
77
computer
40
Media
20
food and drink
19
Equipment
17
But not that as long as it is high-tech enterprise , Gross margin is high in the high-tech industry, the level of gross profit margins for each company there will be significant differences, only those who really have the core technology, and have the advantage of scale companies to ensure high gross profit margin in the pharmaceutical industry, excellent Of companies such as Mindray Medical, open medical care, the annual gross profit margin remained at about 65% .Two companies can maintain high gross margin, not by 'shout' out, Mindray Medical in life information and support, in vitro diagnostic fields There are many years of core technology accumulation, core components rely entirely on independent research and development rather than outsourcing OEM. Also open the medical field, in the field of endoscopy, has been doing its own brand in the field of endoscopy.
Product Category
2016 year
2015 year
Year 2014
Life information and support products
62.45%
60.07%
61.45%
In vitro diagnostic products
64.55%
62.91%
65.15%
Medical imaging products
68.54%
65.27%
65.06%
other products
58.42%
53.53%
56.17%
Consolidated gross profit margin
64.62%
62.22%
63.42%
Mindray Medical 2014-2016 gross margins
High-tech industries in the core products of technology companies have high gross profit margin is a natural, normal state, high gross profit margin by the state (industry), business, users co-create, it can create the value of conduction To users, businesses, (state) industry, forming a positive cycle.
For the users, the most crucial thing in the medical industry for saving lives and dying is to buy high-quality products for diagnosis and treatment and to enjoy timely and high-quality post-service in the event of equipment problems. These rely on the accumulation of previous technologies to master the core technologies of products And build technical barriers to the company with high margins, but also to provide users with high-quality products and services, and create greater value for users. The other hand, those with no technical content in the medical field of the brand, more than 40% gross profit margin , Because the pure reliance on the purchase of components to assemble the product, resulting in high costs; assembled products because there is no overall technical highlights, the sales price can not be pulled high. Although the user to buy these assembled products at a lower price, but the product quality instability, Service insecurity and other factors, eventually let users complain.
For enterprises, reasonable profit brought by a reasonable gross profit margin is the basis for the sustainable development of enterprises.Important gross profit margin of such high-tech companies is mainly due to their unusual emphasis on R & D and promotion, R & D and promotion expenses as income increases Growth, accounting for many years to maintain stability, which constitutes an economic moat.In the medical field, a large amount of investment in research and development of new products, long development cycle, the core technology companies in order to ensure their own continuous innovation ability, continue to invest a lot of money, enable A large number of engineers to carry out technology development, the indirect costs of these research and development need to support the profits of the product, the only way companies can continue to provide competitive products to continuously meet the needs of users, thereby increasing market share and gain long-term development.
For the industry, only the high gross profit margin and high profit can stimulate the medical industry to keep moving forward, updating products and pursuing excellence.It is the existence of these enterprises with more than 50% gross profit margin in the medical circle in China at present, especially the gross profit margin Nearly 65% of the industry leaders Mindray Medical, the establishment of medical treatment, etc., making the development of China's medical industry has shown its vitality in the battle with the foreign medical giant market does not fall through. Mindray medical, medical representatives of the nation Medical companies are committed to building their own brands, tackling high-end products, both to ensure sustained and rapid growth of enterprises, but also to maintain high gross margin products and continue to promote the progress of the national medical industry, they represent the future of China-made, written in Chinese manufacturing height, Worthy of all Chinese medical people!
Stock code
Securities abbreviation
2016 year
2015 year
Year 2014
603658
Antu biological
71.98%
72.77%
73.07%
300206
Libang apparatus
54.82%
52.77%
54.87%
300439
Meikang biological
54.08%
58.72%
56.11%
300463
Mike biological
54.10%
56.96%
59.25%
300633
Open medical treatment
64.99%
62.81%
63.15%
Mindray Medical
64.62%
62.22%
63.42%
Medical industry listed companies 2014-2016 gross profit margin situation
Ethnic medical services have taken off, and we look forward to her fame of the global moment! Made for China! Like! Created for China!
