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new medical reform Policy step by step, pattern of circulation is being rewritten. Unprecedented integration of acquisitions in this area frequently, therefore view, should "improve industry concentration through the existing mechanism to reverse Medicine Adverse business situation. "Well, in this environment??
Recently released Annual Report for the re-establishment of China into the public view of medicine cheap coach laptop, which was the focus of a "substantial loss, completely removed from the pharmaceutical distribution industry", from their fields of pharmaceuticals sold during the reporting period circulation of Beijing Holley Jiuzhou Pharmaceutical Co., Ltd. and Guangzhou Mei Hong Aventis Pharma Limited. The profits of pharmaceutical circulation problems were brought once again, another recent view: "Medicine Commercial bid farewell to the era of little profit." History is full of great change in the inflection point, pharmaceutical business is to go left or right away?
Peel Small Business "Poor profitability of small commercial companies, exit is normal." Medicine for Holley out of circulation, China Merchants Securities analyst Shan-Shan Li, and did not feel too surprised. In her view, the industry is undergoing unprecedented upheaval, a small business out of the company inevitable.
Holley is not the case out of medicine circulation. Previously, the company has owned subsidiary of Hong Yuan Hong Yuan Chinese Lianyungang 78.82% of the shares to 36,103,100 yuan price of all transfers to the economic strategy for the development of industrial companies in Jiangsu. Analysts believe that after the completion of the second stake sale, Kang edge companies are more focused on the pharmaceutical industry business management, the future income of the company's overall business growth rate, gross margin, net profit margin, return on equity would be to some extent improved. The sale of Hong edge because the pharmaceutical business operations: "In the national implementation of the new context of health care reform for the future to avoid the local regional small-scale pharmaceutical commercial enterprises may face operational risks of an option, will help further enhance the company's profitability, to maintain its sustained, healthy and rapid growth, the company's future business will have a positive impact. "
If we must choose in which revenue and gross profit is more important? 39 The answer is the latter. End of last year Coach Crossbody Bag, 39 of the 39 transfer of its chain, focusing Pharmacy Development of major industries. Analysts expect the sale of 39 chain will increase the company's net profit 2.7 million yuan to reduce the annual income of about 10 billion, will increase the income of the pharmaceutical industry, the proportion of primary and gross margin levels, "39 chains in recent years, their profits, sales will improve the company's asset quality, the company will be more focus on the pharmaceutical development of major industries. "
In fact, on the one hand, medicine, business continuity meager profit, on the other hand, the context of medical reform policy changes lead to increased risk of enterprise management, the two comprehensive Cooperation Make commercial use under frequently been "abandoned" to success "Focus on main business and enhance profitability."
New profit growth point Medicine became a business of low-profit industry buzzwords, "by policy factors and market rational and irrational competition, pharmaceutical business has entered a marginal profit." "Small profit" is a pharmaceutical distribution industry, an important economic one of the characteristics of domestic Drugs Distribution system from a planned economy to a market economy, medicine business to "marginal profit" is a normal return. "
Time limit if so Coach Satchel outlet, the industry believes that after 2000, Chinese business firms really into the "era of meager profit," the principal contradiction from high operating cos

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