Raith Medical expects a first-half loss of $55 million to $85 million

On the evening of August 6th, Ruixi Medical (01526, HK), one of the giants of the private medical examination industry, announced its results forecast for the first half of 2018, with net losses of between RMB55 million and RMB85 million (the same as under units), a significant increase over the same period last year.
said the sharp increase in losses was mainly due to the recent operation of medical examination hospitals and specialist hospitals in a "pre-loss" state. The Daily Economic News noted that with the rapid layout of 2017, The Rapid Layout of Swiss Healthcare has also increased significantly, reaching 928 million yuan in 2017.
With the U.S. annual health check-up violation operation is "sitting solid", the health check-up industry has been pushed into the spotlight, and China's private medical examination industry competition is becoming increasingly "giant", the industry competition is increasingly fierce.expected to lose between 55 million and 85 million yuan
against the aura of "the first stock of Jiangsu Medical Services", Swiss Medical listed on the main board of the Hong Kong Stock Exchange in 2016.
public information shows that Ruizu Medical started in 2000 in Nantong Ruizu Hospital, which covers general hospitals, specialized hospitals, health check-ups, aged care, chain clinics, medical and health care city and other sectors.
the "east wind" of the medical examination industry, Swiss Medical's performance has also been up, but its net profit in 2017 has fallen sharply. Among them, 2013-2017 operating income was 489 million yuan, 598 million yuan, 803 million yuan, 935 million yuan and 1.080 billion yuan, respectively; 54,000 yuan, 5.668 million yuan, 29.116 million yuan, 54.389 million yuan and -103 million yuan, that is, 2017 was the company's first loss in nearly five years.
this, Ricci Medical said in its annual report, mainly due to the new medical examination center and specialist hospital construction investment, pay system changes led to increased labor costs and foreign exchange fluctuations caused by exchange losses.
in 2018, Swiss Healthcare's losses continue.
According to the first half of this year's results forecast issued by Raith Medical, as of June 30, the net loss due to the owner of the company was between about 55 million yuan and about 85 million yuan, a significant increase from the net loss due to the owner of the previous year of about 39.4 million yuan.
Recryse Medical explained that the expected losses were partly due to losses due to the company owner's share of the recent start-up or pre-opening phase of the medical examination centre, and partly due to the loss of the owner of the company as a result of the recent start-up or pre-opening phase of the three specialist hospitals.
, in fact, Riss Medical has been running fast in recent years in the field of physical examination. The Daily Economic News notes that as of December 31, 2017, the company had 44 medical examination centers, an increase of 16 from 2016, of which 30 were operational (22 in 2016) and its medical examination centers received 1.5426 million visitors, an increase of 18.4% over 2016.
rapid expansion is the gradual increase in the debt "burden" of Tracy Healthcare. According to The Company's financial liabilities at December 31, 2017, based on the contract's non-discounted amount, the Company's financial liabilities were RMB928 million (RMB495 million in 2016), and Riz Medical said it increased its current liabilities in 2017 to meet the needs of investment in the construction of new medical examination centers and specialist hospitals.
August 7, reporters from the Daily Economic News made several public phone calls to Ristit Medical, but no one answered.Private medical examination institutions are increasingly "giant
According to Frost and Sullivan data, in 2015 China has a total of about 6,500 medical examination institutions, of which about 4,600 are public hospitals, accounting for 70.8%;
According to monita (Caixin think tank) research report shows that from the proportion of medical examination, China's medical examination coverage rate of less than 30%, compared with the western developed countries can improve a lot of space;
huge market space was once favored by the capital market, in the face of the industry "wind mouth", private medical examination institutions continue to add code layout. With the increase of competition, the formation of the United States health-led several enterprises "giants."
addition to U.S. Health, another industry leader, NASDAQ:KANG, landed on the NASDAQ Stock Exchange in 2014.
From the current market share point of view, the United States health, Aikang Guobin and Swiss Medical in the first echelon, according to incomplete statistics, the market value of the three companies has been close to 100 billion yuan.
the concentration of private medical examination industry is increasing day by day. According to Monita data, in 2016 China's private medical examination market share, the United States health and Ciming medical examination total market share of 21%, Aikang Guobin 14%, Riz medical examination of 4%, a total of 39%.
" at present, the domestic professional health check-up industry has entered the leading integration stage, the promotion of concentration will be the mainstream trend of the market in the next three years. The above study further states. (Daily Economic News)