In recent years, Yuyue Medical has been not only consolidating its existing market shares, but also upgrading its product structure. In H1 2011, the operating revenue and the net profit reached RMB609 million and RMB122 million respectively.
Revenue of Yuyue Medical (by Product), 2008-H1 2011
Source: ResearchInChina; Announcement of Yuyue Medical
Medical Oxygen Products: oxygen generators are the traditional products of Yuyue Medical. The company has increased investment in improving product performance and technological level. It will launch new varieties in 2012. The capacity is expected to reach 180,000, and the operating revenue will be RMB350 million.
Rehabilitation Care Products: the electronic sphygmomanometers of Yuyue Medical have been always exported by OEMs, but the price is low for it is difficult to be accepted. The company plans to acquire foreign medical device manufacturers and raise the added value. In 2011, the sales revenue will reach RMB100 million.
Medical Clinical Devices: Yuyue Medical has made use of high value-added digital X-ray machine instead of high-frequency machine. The unit price of digital X-ray machine is RMB400,000-600,000, targeting private and county hospitals. In 2011, the sales volume will reach 120 sets.