Jingjing Pharmaceutical revenue increased, and raw materials such as Huanglian were affected by drought and increased prices!

Jingjing Pharmaceutical Group Co.
, Ltd.
(Jingjing Pharmaceutical, 002349) reported in the first half of 2022 that the company's operating income in the first half of the year was 792 million yuan, an increase of 23.
39% year-on-year; Net profit attributable to the parent company was 130 million yuan, an increase of 22.
98%
year-on-year.
Figure 1: Jingjing Pharmaceutical's core operating data from 2016 to 2021 I.
Wang's Baochi Pill is the exclusive variety of proprietary medicines in the digestive system Jingjing Pharmaceutical is mainly engaged in the research and development, production and sales
of traditional Chinese proprietary medicine preparations, chemical RAW materials and intermediates, chemical and pharmaceutical intermediates, Chinese herbal medicines and Chinese medicine tablets, and biopharmaceuticals.
The company's main products are Wang's Baochi Pills, Zhengchai Hu Drink Granules, Ji Desheng Snake Tablets, Golden Buckwheat Tablets, Da Chai Hu Granules, etc.
, all developed according to the traditional famous doctor formula, and developed and produced
by modern scientific methods.
Among them, Wang's Baochi Pill and Ji Desheng Snake Tablets are exclusive varieties and are both national intangible cultural heritage
.
Its report for the first half of 2022 shows that during the reporting period, Jingjing Pharmaceutical's Wang's Baochi Pill completed sales revenue of 140 million yuan, an increase of 38% in the same period; Ji Desheng Snake Tablets completed sales revenue of 104 million yuan, an increase of 4.
6%
in the same period.
In this issue, the big data platform of the Chinese medicine industry of Tiandi Yuntu analyzes the cost pressure of traditional Chinese medicine raw materials faced by enterprises from the perspective of its core product Wang's Baochi Pill involving raw materials
.
Second, the core components of Wang's Baochi Pills Table 1: Wang's Baochi Pills Core Ingredients The drug can strengthen the spleen, remove stagnation, remove phlegm, and is mostly used for children's milk food reduction, vomiting fever, milk stagnation, sputum convulsions, wheezing cough phlegm, constipation knots
.
Weakness of the spleen and stomach, dysplasia and colds
.
It also has a certain therapeutic effect on gastroenteritis and sputum block in adults
.
Third, the price of Raw Materials of Wang's Bao chi pills rose and fell Table 2: Wang's Bao Chi Pill raw material prices rose and fell Table During the period from January 2021 to September 2022, the prices of 5 raw material varieties rose, accounting for 71%, the price of 1 raw material flattened, accounting for 14.
5%, and the price of 1 raw material fell, accounting for 14.
5%.

。 Fourth, Wang's Bao chi pill raw material market comments Huang Lian, since the summer of this year's drought caused by the hot trading of the production area, the market has risen rapidly, the market merchants have a high degree of attention, the source of goods is better, the market continues to rise with the price of the place of origin, the current chicken claw even price is about 165 yuan (kilogram price, the same below), the price of a single stick is 175 yuan
.
Merchants pay close attention to future production cuts
.
Rhubarb, the production area often has goods, the market supply is sufficient, the recent market supply is not moving fast, the attention of merchants is low, the market is running smoothly, the current Price of Hubei Unified Goods is between 19-20 yuan, Gansu Horseshoe Yellow Kang Goods between 27-28 yuan, it is expected that the price will be difficult to have too much fluctuation
in the short term.
Sichuan shellfish, the current production of new basically over, the origin of the merchant feedback this year's output has decreased compared with last year, the holder of the goods reluctant to sell, the market inventory is not much, the holder of the shout price continues to rise, the current market Sichuan shellfish price is between 3900 yuan, the price of green shellfish firmly at 3200 yuan
.
Tiannanxing, this year's planting area is not large, most growers turn to plant half summer, with the digestion of the supply, the amount of supply can be reduced, the recent sales are general, the market performance is firm, the current market Tiannanxing large grain price at 25-26 yuan, as the inventory continues to digest, the market may
change.
Croton, recently to the place of origin to purchase the source of businesses reduced, the price of the place of origin declined, the market demand is not large, there are few business operations, usually the purchase volume of merchants is also small, the market temporarily changed little, the current market asking price is about 30 yuan, if the market of origin continues to decline, the market is not moving fast
.
Fifth, comprehensive evaluation 1, Huanglian and other varieties of procurement cost pressure is large Raw material stress test shows that the current Wang's Baochi Pill raw materials from the supply pressure, mainly from Huanglian, croton, Sichuan shellfish and cinnabar; From the perspective of quality pressure, it mainly comes from croton, Sichuan shellfish and so
on.
2.
Pay attention to the impact of this year on Huanglian The overall output of Huanglian has been stable
in recent years.
Although the production of stone pillars in the old production areas has shrunk, the planting area in Lichuan and other production areas has expanded
.
According to the average yield of 250 kilograms per mu, the average purchase price of the place of origin is 120 yuan, the income per mu is 30,000 yuan, excluding the input cost, the net income per mu per year exceeds 3,000 yuan, which has a stimulating effect
on the new production area.
And this variety is said to have large households holding goods, a large household holding goods up to 2,000 tons, plus other retail households, inventory of at least 5,000 tons
.
This price increase is mainly due to the drought to stimulate people's floating, coupled with the Fact that The Market of Huanglian itself has been stable for two years, and it is expected that there will be fluctuations, of course, how the specific situation depends on the actual digestion after
the production of the new.
In addition to Huanglian, the supply guarantee of small varieties such as croton also needs to be highly concerned, on the one hand, wild resources are not sustainable; On the other hand, the frequent epidemic sealing and control has greatly affected the arrival of goods from ports, and once there is a phased shortage of goods, the price will soar, which will inevitably cause trouble
to the control of raw material costs of enterprises.
First, Wang's Baochi Pill is an exclusive variety of pharmaceutical materials in the digestive system, the famous medical enterprise second, the core ingredient of Wang's Baochi Pill is three, the price of Wang's Baochi Pill raw materials rises and falls by four, and the Wang's Baochi Pill raw materials market comments purchase five, comprehensive evaluation