Ali's healthy turnaround in fiscal year 2018 | The Spring of Internet Medical Comes?

In the evening of May 16, the medical network reported on May 16th that Alibaba Health released its financial results for the fiscal year 2018. In the fiscal year ending March 31, 2018, Alibaba achieved a healthy income of 2.443 billion yuan and a gross profit of approximately 653 million yuan, an increase of 414.2% year-on-year. % and 248.7%.

It is worth noting that Alibaba Health’s announcement shows that the company’s loss amount has been significantly reduced by 47.7% year-on-year to RMB 109 million, and the company's profit after eliminating the equity incentive expenses has reached RMB 8 million, making it turn into loss for the first time.

Ali Health stated that the strong growth in operating income and gross profit was mainly due to the sales of health products and the rapid growth of e-commerce platform services. 'The company's continuous improvement in profitability will help invest heavily in areas related to medical artificial intelligence in the future. , Increase investment and deployment of forward-looking and innovative businesses such as smart healthcare, internet medical care, and personal health management.

Affected by this news, Ali Health rose 26.13% on May 17 and closed at HK$5.6/share.

It is worth mentioning that since the beginning of this year, Internet medical care has attracted much attention from the market. Prior to this, Internet medical treatment enterprise Ping An Hao doctor successfully went to Hong Kong to market, micro-medicine announced the completion of 500 million US dollars in the Pre-IPO round of financing, the health of Alibaba to achieve a net loss of profit after deduction, does it mean the arrival of the Internet medical spring?

Ali Health’s financial report shows that the main sources of company income include self-operated health product sales, e-commerce platform services, retrospective services, innovative health-related services and others. The company’s self-operated health product sales revenue and e-commerce platform service revenue reached RMB respectively. 21.49 billion yuan and 171 million yuan, representing a year-on-year growth rate of 585.1% and 324.1%, respectively. In addition, innovation-related health services and other realized revenues were 98.079 million yuan, an increase of 296.3% year-on-year. The company's retroactive service revenue was 24.353 million. Yuan, a year-on-year decline of 74.7%.

Specifically, Alibaba's healthy self-operated health product sales include self-operated B2C business and B2B collective mining distribution business. As of the end of the reporting period, the company's self-operated stores (Ali Health Pharmacy, Ali Health Overseas Flagship Store, Ali Health Flagship Store ) The merchandise SKU has exceeded 46,000, and the annual active consumer of online self-operated stores exceeds 15 million.

In the retrospective service sector, over 7,500 companies have signed agreements with the company to enter the 'code on the rest of the world' tracking platform. drug The number of manufacturing enterprises reached 2,865, which exceeded 80% of the total number of Chinese pharmaceutical manufacturers.

In terms of expenditure, Alibaba Health's sales and marketing expenses for fiscal year 2018 were RMB 201 million, an increase of 77.8% year-on-year. This is due to Ali Health’s introduction. This is due to the fact that the company has built up its users' minds and increased the user's viscosity to increase the market. Promotion activities, at the same time, the Group has increased the sales operations staff and online medicine Consulting service personnel input.

Since the beginning of this year, Internet health care has once again triggered market concerns. Prime Minister Li Keqiang visited Shanghai Huashan on April 11 hospital Teleconsultation Center. Through the Internet video connection, far away patients in Qinghai, Yunnan, and Xinjiang can get the remote diagnosis and treatment of outstanding doctors in Shanghai at the local hospital. On April 12, at the State Council executive meeting, Premier Li Keqiang pointed out that accelerating development' Internet + medical health ', can not only improve the efficiency of medical services, so that patients run less errands, more convenient, and more importantly, it can make more people share quality medical resources. April 28, the General Office of the State Council issued on the "promotion of the Internet + medical The 'Development Opinions' of Health, clearly propose the development of 'Internet +' medical services, 'Internet +' public health services, and 'Internet +' public health services.

Ali's healthy internet medical progress is also the focus of investors. Ali Health introduced that the company established Ali Health Network Hospital Co., Ltd. in Guangzhou and obtained a medical institution license. Currently, Alibaba Health accesses Taobao, Tmall Alipay APP, Alipay, UC, Youku and other Ali App, according to different application scenarios, seamlessly provide their own medical and health products and medical and health management services to consumers with different needs, so as to obtain stable users with rapid growth. group.

As of the end of the reporting period, there were nearly 23,000 licensed medical practitioners, licensed pharmacists and dietitians contracted with the company to provide medical and health consulting services. The professionals mentioned above provided users with health consulting services in phases. The average daily consultation volume has exceeded 50,000 times. In addition, the company also actively builds a personal health management platform that automatically analyzes online and offline personal health data based on user authorizations to generate personal health records and health indicators. Currently, it has authorized the opening of personal health management tools on mobile phones - 'My Health'. The number of active users has reached 28 million. The Ali Health Vaccine Service Platform has covered 100 cities and one hundred thousand vaccination sites. Missions cover nearly 200 million people.

In addition, the company also actively cooperates with external agencies such as the government, hospitals, scientific research institutions, etc. to develop a smart medical model of Internet + medical care and health.

Ali Health said that the company will continue to invest in smart medical, Internet medical and personal health management activities, excluding short-term benefits, and continue to consolidate its leading position in the industry.