Lei Di.com Lei Jianping October 27
Shenzhen Mindray Biomedical Electronics Co., Ltd. (stock code: 300760, securities abbreviation: Mindray Medical ) released its financial report today. According to the financial report, Mindray Medical's revenue in the first nine months of 2022 was 23.296 billion yuan, an increase of 20.13% over the same period last year; net profit was 8.1 billion yuan, and increased by 21.6% year-on-year; net profit after deducting non-operating items was 8 billion yuan, an increase of 22.3% year-on-year.
Among them, revenue in the third quarter of 2022 was 7.94 billion yuan, an increase of 20.07% over the same period last year; net profit was 2.815 billion yuan, an increase of 21.4% year-on-year; net profit after deducting non-operating items was 2.757 billion yuan, an increase of 23.35% year-on-year.
Overall, Mindray Medical has maintained sustained steady growth in the environment where the epidemic continues to have an adverse impact on the economy. Whether it is revenue or profit, Mindray Medical's year-on-year growth in the first three quarters of 2022 exceeded 20%.
New medical infrastructure drives domestic revenue growth
Minery Medical Headquarters is located in Shenzhen, China, with 53 overseas subsidiaries in about 40 countries in North America, Europe, Asia, Africa, Latin America and other regions; it has 22 subsidiaries and more than 30 branches in China; it has established a R&D innovation platform based on global resource allocation, and has ten R&D centers, distributed in Shenzhen, Wuhan, Nanjing, Beijing, Xi'an, Chengdu, Silicon Valley, New Jersey, Seattle, and Europe, forming a huge global R&D, marketing and service network.
During the reporting period, the company's products covered nearly 110,000 medical institutions in China and more than 99% of Grade A hospitals in , and the product penetration rate further increased.
In 2022, Mindray Medical upgraded its global supply chain layout. In June 2022, the construction of the Longhua Science and Technology Industrial Park, the global supply chain headquarters base of Mindray Medical, started. The total investment of the base is 2.2 billion yuan, and after completion, it will carry more than 60% of the company's supply chain production capacity.
Minery Medical said that the reason for the continued steady development of performance in the third quarter of 2022 is:
As the special medical funds issued by local governments gradually came in place in the first half of 2022, the promotion of new medical infrastructure continues to make important positive contributions to the growth of the domestic market. In addition, the impact of the epidemic on conventional business in the third quarter improved month-on-month and second quarter, the domestic market achieved rapid growth during the reporting period.
overseas market continues to achieve substantial progress in high-end customer breakthroughs with excellent product quality, strong cost-effectiveness advantages and a complete overseas marketing system. Among them, , a developing country in North America and , achieved rapid growth during the reporting period.
Mindray Medical pointed out that the company will continue to focus on the three major business areas, actively expand seed business with high growth potential, comprehensively strengthen product research and development innovation, accelerate the transformation of the international marketing system, and deepen overseas localization construction, seize the major opportunities of domestic medical new infrastructure and comprehensive high-end breakthroughs in overseas, and continuously improve the company's product competitiveness and market penetration rate ; at the same time, continue to improve the quality of internal management and improve operating efficiency, so as to achieve long-term and sustainable healthy growth of operating income and net profit.
Judging from the full-year trend, Mindray Medical is expected to maintain steady growth.
continues to promote universal medical
According to reports, Mindray Medical takes the mission of "popularizing high-end technology and allowing more people to share high-quality life care" to strengthen the construction of basic medical facilities and talent training.
In September 2022, the company donated more than 51 million yuan worth of medical equipment to Heilongjiang Provincial Health Commission through the Heilongjiang Provincial Charity Federation, strengthening the shortcomings of local medical equipment from four aspects: remote diagnosis and treatment, pre-hospital first aid, precision medicine and laboratory medicine . 157 sets of 5G remote ultrasound diagnosis systems, 200 automatic external defibrillators (AEDs), 100 sets of initial total hip replacement systems, and 157 sets of inspection equipment will be directed to more than 230 medical institutions and other public places in Heilongjiang Province.
In order to promote the construction of county medical community and learn from the successful experience of advanced regions, Mindray Medical has cooperated with Tsinghua University since 2019 to carry out a project to improve the capacity of health system managers.Starting from 2021, the company will take advantage of the medical resource advantages of Peking University School of Public Health to carry out various forms of medical education and training across the country to improve the professional level and management capabilities of grassroots health managers. Since the project was launched in 2019, managers of grassroots health committees, traditional Chinese medicine, maternal and child care and primary medical institutions from 1,240 county-level administrative regions in 17 provinces and 17 provinces across the country participated, with a total of 2,254 trainings. In the first three quarters of 2022, the company held a total of 21 training courses for health management personnel of the grassroots health committee, training 912 people, of which 3 high-quality service grassroots trains were held online live broadcasts, with more than 100,000 people watching each episode.
"Minery Standardized Laboratory Hundred Cities Linkage" project is aimed at Community Health Service Center , town health centers, regional medical centers, etc., to promote the construction of standardized laboratories, help rural medical level be in line with developed regions, comprehensively improve the laboratory testing, diagnosis and operation capabilities of primary medical institutions, and realize the standardization of laboratory management systems, testing processes, biosafety and other aspects of primary medical institutions. In the first three quarters of 2022, Mindray has built 185 standardized laboratories, and 300 are planned to be built throughout the year.
Chairman Li Xiting invested 1 billion yuan to build a new campus for his hometown alma mater
On October 26, 2022, the signing ceremony for donating and building the new campus of Dangshan Middle School in Anhui Province was held in Dangshan a few days ago. Li Xiting, chairman of Mindray Medical, announced that he will invest 1 billion yuan to build a new campus for Dangshan Middle School.
grew up in Dangshan and graduated from Dangzhong. Chairman Li Xiting said that his growth is inseparable from the nourishment of his hometown and the cultivation of his alma mater. He has the opportunity to contribute to the education cause of his hometown and add bricks to his alma mater. He not only feels honored and awe, but also has a sense of responsibility and mission.
This 1 billion yuan donation is not only the largest individual donation obtained by Dangshan Middle School since its founding, but also the largest donation obtained by Dangshan County in recent years.
In April 2022, Dangshan Mindray Medical Technology Industrial Park started construction. After completion, the park will become Mindray Medical's fourth largest manufacturing base in the world, which is of great significance to the industrial construction and employment development of Dangshan Economic Development Zone.
As early as 2004, Li Xiting donated more than 6 million yuan to Dangshan Middle School, Litun Primary School and other schools in Dangshan County; in 2010, he donated another 6 million yuan in education fund to Dangshan Middle School for school library construction.
In June 2020, Chairman Li Xiting donated RMB 106.8 million to University of Science and Technology of China in his personal name, and established the "Li Xiting Fund", focusing on the construction of the School of Physics and the introduction and cultivation of high-end talents to University of Science and Technology of China high-end science and technology projects, etc.
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