A billion dollars a year! The transformational medical treatment of listed companies is in a quagmire.

Pharmaceutical Network August 18, recently, by the real estate transformation of medical sector listed companies Yihua Health released the 2020 half-year results forecast, financial results show that from real estate to health care transformation in the past five years, Yihua health performance has been declining, in 2019 alone, a huge loss of more than a billion.
it is understood that in 2015, Yihua Real Estate, the first listed housing company in eastern Guangdong, began to transform into a health care industry, changing the name of the listed company from "Yihua Real Estate" to "Yihua Health".
financial report shows that in 2016-2019, Yihua Health's net profit after deductibles was RMB770 million, RMB170 million, RMB137 million and RMB1.57 billion, respectively.
from the company's performance in the first half of 2020, Yihua Health's losses continue.
that is to say, Yihua Health lost more than a billion yuan in 2019.
, what are the main business components of the loss? According to the announcement, in 2019, Yihua Health will have 87.83 percent of its revenue coming from the medical sector and 12.17 percent from the pension sector.
by product and service, the company received 57.92 per cent of its revenue from integrated medical logistics services and 20.87 per cent from hospital operations.
that in 2019, Yihua Health's main business medical logistics integrated services and hospital operations are not operating well.
Yihua Health 2020 half-year results forecast shows that the company realized the net profit of shareholders from profit to loss, net profit loss of 100 million yuan - 150 million yuan, the same period last year profit of 649.47 million yuan, down 1639.72% - 2409.58 percent from the same period last year.
Ihua Health 2020 half-year results forecast for the reasons for the loss of performance, Yihua Health said that the reporting period was mainly affected by the new crown epidemic operating income decline, fixed operating costs accounted for a relatively large, coupled with the outbreak of some hospital custody services business termination, resulting in a decline in the company's revenue, coupled with interest-bearing liability balance and financing costs, the first half of 2020 financial expenses increased and other reasons led to losses.
the decline in performance, Yihua Health is also at risk of this credit decline.
In December 2019, China Integrity Securities Evaluation Co., Ltd. issued the "China Integrity Review on the downgrade of Yihua Enterprise (Group) Co., Ltd. main body and related debt credit rating and its inclusion in the possible downgrade of the credit rating watch list", the integrity appraisal decided to Yihua Group's main credit rating from AA to AA-, "16 Yihua 01" debt rating from AA to AA-, and the company's main body and the above-mentioned debt credit rating may be downgraded to the watch list.
According to the August 13 information of Oriental Wealth Network, Yihua Health ranked the end of the average of the entire medical industry, the industry's average net profit of nearly 10 million, the company's net profit loss of more than 50 million.
Nearly 70% of the major shareholders' funds have been frozen, and Yihua Group, the majority shareholder of Yihua Health, has had a hard time, with nearly 70% of the majority shareholders' shares frozen for a period of three years.
recently, Yihua Health (000150. SZ) issued a notice that nearly 70% of its controlling shareholders' shares have been frozen, the announcement shows: Yihua Health Company's controlling shareholder Yihua Enterprises (Group) Co., Ltd. (hereinafter referred to as "Ihua Group") part of the shares are waiting to be frozen, the number of 219 million shares frozen, the freezing period of 3 years.
So far, Yihua Group holds 325 million shares of Yihua Health, accounting for 37.04 percent of the total shares of listed companies, and the frozen shares account for 67.48 percent of its shares and 25 percent of the company's total share capital.
announcement showed that the reason for the freeze was the freezing of the applicant's Western Securities (002673, stock bar) and the respondent Yihua Group securities trading disputes.
, the real estate market has been cold, many real estate companies aimed at the health care blue sea market.
Yihua Health is also a real estate into the field of health care, in 2015, the first in the eastern Guangdong region listed housing enterprises Yihua Real Estate directly changed its name to Yihua Health, in 2016, Yihua Health through the sale of assets and transfer of subsidiary equity and other ways to completely divest the real estate business, from a real estate developer to become a medical and health enterprises.
2017 was also a year of accelerated medical rhythm in Yihua Health Layout, which bought five hospitals in just four months, including Jiangyin Baiyi TCM Hospital, Kunshan Changhai Hospital, Hangzhou Nursing and Hospital, Hangzhou Ci-Year Hospital, and Cihui Aged Care Hospital in Lower Hangzhou.
it is worth noting that Jiangyin Baiyi TCM Hospital, which is controlled by Yihua Health Subsidiary, is the largest private Chinese medicine hospital in Wuxi and the first Chinese medicine medical institution in the industry to land on the new three boards.
According to SkyEye, Yihua Health currently invests in the acquisition and management of more than 120 hospital logistics services of Guangdong Public Ankang Logistics Group, in the field of tumor gamma knife and owns and manages more than 6000 beds in 14 hospitals, DazisSellecon Medical Investment Management Company, the acquisition of a pension bed Number 5000, nursing bed number 1500 Chinese pension benchmark enterprises "affinity source", specializing in the production of mobile medical equipment and chronic disease management of the Ao le medical device company, investment in the country's first network hospital platform Shenzhen Youde Medical Technology Co., Ltd., Tianjin Online Technology Co., Ltd. and other companies, officially entered the health care pension industry.
Yihua Health said in its annual report that the company has established two core businesses focusing on medical institution operations and services and elderly community operations and services, while extending to medical professional engineering, health care and rehabilitation, Internet medicine and other fields.
post-epidemic era, originally deep in the loss of transformation of medical enterprises out of the quagmire, we wait and see!