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A denture costs 100 yuan, but implanting a tooth can easily cost thousands or even tens of thousands of yuan.
All-ceramic gross profit margin is around 60%
On April 1, Jiahong Dental was suspended by the Shenzhen Stock Exchange for its issuance and listing review because the financial information recorded in the IPO application documents had expired
According to the prospectus of Jiahong Dental, the company's products can be divided into three categories: fixed dentures, removable dentures and orthodontic products, and also distributes dental implant products
From the perspective of gross profit margin, the dental industry is indeed a hugely profitable industry
The prospectus also disclosed that from 2018 to 2020, the average sales prices of Jiahong Oral’s fixed all-ceramic dentures were 314.
Many netizens are confused.
A tooth implant costs two or three thousand yuan
In the interview, a person from a high-end dental private hospital said that the price difference between imported and domestically produced all-ceramic teeth is quite large, and the reason for the high cost of dental implants is that the dentist took some away, and the medical equipment was also shared.
A media operations director told reporters about her dental implant experience.
The cost of consumables does not exceed 25%
According to a research report by Guohai Securities, dentures (dentures) include removable dentures, fixed dentures, and dental implants are fixed dentures
All-ceramic crowns are beautiful, convenient and have higher added value
The report of Guohai Securities also shows that the allocation of dental implant costs focuses on the hospital side
From the perspective of consumer payment, the cost of consumables does not exceed 25%
Overseas business revenue accounted for nearly 60%
The prospectus shows that from 2018 to 2020, Jiahong Dental’s operating income was 249 million, 309 million and 296 million respectively, and the net profit attributable to the parent was 41.
Among them, the company's overseas main business income was 170 million, 189 million and 165 million respectively, accounting for 68.
The overseas business of Jiahong Dental is mainly through the OEM model, and the production and sales are organized according to the design sheets and dental molds provided by overseas customers.
Jiahong Dental has serious internal management "loopholes"