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Tus Pharmaceutical Group Co.
, Ltd.
(TusPharma, 000590) released the third quarterly report of 2022 on October 28, showing that in the reporting period, TusPharma increased revenue without increasing profits, and accounts receivable were high
.
As of the end of the reporting period, the company's total operating income was 372 million yuan, a year-on-year increase of 71.
81%, and the net profit attributable to the parent was 15.
6991 million yuan, a year-on-year decrease of 59.
81%.
, Ltd.
(TusPharma, 000590) released the third quarterly report of 2022 on October 28, showing that in the reporting period, TusPharma increased revenue without increasing profits, and accounts receivable were high
.
As of the end of the reporting period, the company's total operating income was 372 million yuan, a year-on-year increase of 71.
81%, and the net profit attributable to the parent was 15.
6991 million yuan, a year-on-year decrease of 59.
81%.
Figure 1: TusPharma's core sales data from 2016 to 2022
1.
Focusing on the ancient Han health series
Focusing on the ancient Han health series
Tus Pharmaceutical's main proprietary Chinese medicine products are Guhan Health Essence (oral liquid, tablets), Yangxin Calm Granules, Kidney Strengthening Pills, etc
.
.
The core product Guhan Health Care Essence is a pure Chinese medicine preparation developed according to the bamboo simple medical book "Health Formula" unearthed from the Mawangdui Han Tomb in Changsha, selected authentic Chinese medicinal materials, and developed by modern science and technology, and has been rated as a national secret technology project variety and a national traditional Chinese medicine protection variety
.
In 2021, the company's revenue from traditional Chinese medicine and health products will be 285 million yuan, accounting for 94.
71%
of the revenue.
.
In 2021, the company's revenue from traditional Chinese medicine and health products will be 285 million yuan, accounting for 94.
71%
of the revenue.
In this issue, the big data platform of Tiandi Cloud Atlas Traditional Chinese Medicine Industry makes a simple analysis
of the cost pressure of traditional Chinese medicine raw materials of enterprises from the perspective of raw materials involved in ancient Han health essence.
of the cost pressure of traditional Chinese medicine raw materials of enterprises from the perspective of raw materials involved in ancient Han health essence.
Second, the core raw materials of ancient Han health essence
Table 1: Core raw materials of Guhan health essence
The drug has the effect of tonifying qi, nourishing the kidneys and invigorating the essence, and can be used for dizziness, palpitations, dizziness, tinnitus, forgetfulness, insomnia, fatigue and weakness caused by deficiency of qi and yin deficiency and insufficient kidney essence; Menopause syndrome, post-illness physical deficiency see the above symptoms
.
.
Third, the core raw materials of Guhan health essence rise and fall
Table 2: Rise and fall table of core raw materials of Guhan health essence (: yuan/kg)
From January 2021 to November 2022, the price of 8 raw material varieties rose in price, accounting for 66.
7%, the price of 1 raw material was flat, accounting for 8.
3%, and the price of 3 raw materials fell, accounting for 25%.
7%, the price of 1 raw material was flat, accounting for 8.
3%, and the price of 3 raw materials fell, accounting for 25%.
Fourth, the market analysis of the core raw materials of Guhan health essence
Ginseng, the production area of the new end, affected by the epidemic, the origin transaction is not fast, new goods have arrived on the market, the market has recently moved in small batches better, the market has maintained a firm operation, the price of 45 live drying sticks is between
350-360 yuan (kilogram price, the same below).
Merchants are diligent and fast, and this year's output will determine the price trend
in the future.
350-360 yuan (kilogram price, the same below).
Merchants are diligent and fast, and this year's output will determine the price trend
in the future.
Astragalus, the market volume is large, the market is basically stable, and there are about 90-100 tons of goods for sale
in the Minxian production area.
The price of 0.
6-0.
8cm astragalus festival is 26.
5-32 yuan, the price of 0.
8-1.
0cm astragalus festival is 35-39 yuan, the price of 1.
0-1.
2cm astragalus festival is 39-46 yuan, the price of 1.
2-1.
4cm astragalus festival is 47-54 yuan, and the transaction price of pharmaceutical factory feeding specification astragalus is 15-16.
5 yuan
.
Market astragalus digestion is not fast, and the price remains stable
.
in the Minxian production area.
The price of 0.
6-0.
8cm astragalus festival is 26.
5-32 yuan, the price of 0.
8-1.
0cm astragalus festival is 35-39 yuan, the price of 1.
0-1.
2cm astragalus festival is 39-46 yuan, the price of 1.
2-1.
4cm astragalus festival is 47-54 yuan, and the transaction price of pharmaceutical factory feeding specification astragalus is 15-16.
5 yuan
.
Market astragalus digestion is not fast, and the price remains stable
.
Goji berries, affected by the epidemic in Ningxia and other places, the amount of goods is not large, some merchants buy goods and sell, the market is stable, now the market Goji berries Ningxia unified price is 45-50 yuan, the selection price is 55-65 yuan; Hebei unified price 40-45 yuan; Xinjiang unified goods market is between
37-38 yuan.
The market has sufficient inventory, and it is difficult to improve the market much in the short term
.
37-38 yuan.
The market has sufficient inventory, and it is difficult to improve the market much in the short term
.
Privet, the end of new production, sufficient market inventory, slow movement of goods, the price is still not ideal, the current market general price is about 2.
5 yuan, the net price is about
3 yuan.
Merchants buy and sell, and the market continues to be sluggish
.
5 yuan, the net price is about
3 yuan.
Merchants buy and sell, and the market continues to be sluggish
.
Dodder, new goods have been listed one after another, the market is currently in supply, although the origin market is slightly higher, market merchants have attention to it but not high, the price temporarily fluctuates little, the spot general price is between 25-26 yuan, the price of washing goods is 28-29 yuan
.
.
Golden cherry seed, the new depth of real estate, the current source of goods is post-futures, the quality is improved, the recent market supply is sufficient, the general sales, the market and the previous period to maintain stability, the current local general price is between 16-17 yuan, the price of better goods is between 18-19 yuan, the price of golden cherry meat is around 40 yuan
.
.
Epimedium, the market is running at a high level, merchants operate cautiously, mostly buy according to the plan, the market tends to be stable, the current market Gansu goods due to different quality, the holder of the sales mentality is different, the asking price is between 150-180 yuan; The quotation of Northeast goods is about
130 yuan.
In the short term, the market is mainly based on digesting inventory, and prices do not fluctuate much
.
130 yuan.
In the short term, the market is mainly based on digesting inventory, and prices do not fluctuate much
.
White peony, the production area is normal, the market source is also normal, the market in the near future overall fluctuations are not large, the price of small pieces is between 24-25 yuan, the price of medium pieces is 27-28 yuan, and the price of large pieces is 32-33 yuan; The asking price of tail peony is about 15 yuan, and the price of grade three and four goods is 20-21 yuan
.
.
5.
Comprehensive comments
Comprehensive comments
1.
White peony, epimedium and other varieties have greater pressure on procurement costs The raw material pressure test shows that the raw materials of Guhan health essence mainly come from white peony, epimedium, licorice, etc.
from the perspective of supply pressure; From the perspective of quality pressure, it mainly comes from epimedium and so on
.
White peony, epimedium and other varieties have greater pressure on procurement costs The raw material pressure test shows that the raw materials of Guhan health essence mainly come from white peony, epimedium, licorice, etc.
from the perspective of supply pressure; From the perspective of quality pressure, it mainly comes from epimedium and so on
.
2, white peony production is not large coupled with artificial hoarding, the future market is difficult to fall White peony as an annual consumption of 15,000-20,000 tons of large varieties, long-term prices are not high, in 2021 the third and fourth grade goods market fell to around 11 yuan, resulting in a large decrease in planting enthusiasm of growers, the planting scale of Shandong, Henan, Shanxi, Jiangsu, Hunan, Hubei, Sichuan and other places that expanded at high prices in the early stage was greatly reduced, and the planting area of Bozhou Road real estate area was not large-scale
.
Affected by this, the white peony market has recovered, and the price of third- and fourth-level unified goods has risen to about 21 yuan, almost doubling
.
.
Affected by this, the white peony market has recovered, and the price of third- and fourth-level unified goods has risen to about 21 yuan, almost doubling
.
At present, the production of white peony will not be large in the next few years, even if the market continues to rise sharply, according to the growth characteristics of white peony, it will take until 2027 to increase the production
greatly.
The peak price of the last wave of Bai Ai three and four grade goods was 27 yuan, so for this round of market, we first need to pay attention to when the price can break through 27 yuan
.
greatly.
The peak price of the last wave of Bai Ai three and four grade goods was 27 yuan, so for this round of market, we first need to pay attention to when the price can break through 27 yuan
.