Medical Device Industry Economic Situation

Profit growth of China's medical device manufacturingbillion yuan, up 31.99 percent growth rate over the
industry slowed down with a loss of the expansion. 1 inprevious year has increased by 10.05 percentage
August last year, the cumulative total profit of 4.41points; accumulated industrial sales output value of
billion yuan, an increase of 30.23%, compared with a44.616 billion yuan, up 31.96 % growth rate over the
year earlier, a decrease of 22.10 percentage points;previous year has increased by 8.94 percentage
accumulated losses of loss-making enterprisespoints; production and marketing rate of 96.74%,
amounted to 356 million. 8 the end of a loss of face ofcompared with a year earlier, down 0.10 percentage
China's medical equipment manufacturing industry withpoints. 8 the end of finished products amount of funds
22.35% over the same period last year an increase ofused for the 4.351 billion yuan, up 21.56 percent growth
2.22 percentage points; a loss of depth of 8.07%,rate over the previous year has increased by 1.74
compared with a year earlier, an increase of 1.60percentage points.
percentage points.(Iv) the cost of the fee structure
At the end of 2008, China's medical device2008 1 August, China's total cost of medical equipment
manufacturing assets totaled 57.451 billion yuan, upmanufacturing industry amounted to 38.568 billion yuan,
23.04 percent growth rate over the previous year hascompared with an increase of 8.469 billion yuan a year
increased by 5.93 percentage points; the number ofearlier. Among them, total product sales cost 32.54
enterprises for the 895, an increase of 105; finishedbillion yuan, up 30.98 percent growth rate over the
products amount of funds used 43.51 billion yuan, upprevious year increased by 10.06 percent over the
21.56 percent growth rate over the previous year hassame period, the cumulative cost of goods sold
increased by 1.74 percentage points.account for the total cost accounted for 84.37%,
China's medical equipment manufacturing and salesrepresenting an increase of 0.83 a year earlier,
increased rapidly. 1 in August last year, accumulated tocompared percentage points; total cost of product
achieve sales revenue of 42.934 billion yuan, up 29.71sales 2.311 billion yuan, up 23.30 percent growth rate
percent growth rate over the previous year hasover the previous year has increased by 4.75
increased by 9.50 percentage points. Total industrialpercentage points, total product sales expenses as a
output value of 46.117 billion yuan, up 31.99 percentpercentage of total costs accounted for 5.99%,
growth rate over the previous year has increased byrepresenting a decrease of comparison a year earlier,
10.05 percentage points; accumulated industrial sales0.28 percentage points; total administrative expenses
output value of 44.616 billion yuan, up 31.96 percentwere 3.474 billion yuan, up 20.56 percent growth rate
growth rate over the previous year has increased byover the previous year has increased by 6.04
8.94 percentage points; production and marketing ratepercentage points, total administration expenses as a
of 96.74% over the same period last year dropped bypercentage of total costs accounted for 9.01%,
0.10 percentage points.representing a decrease of 0.48 a year earlier,
Profit growth of China's medical device manufacturingcompared percentage points; total financial cost was
industry slowed down with a loss of the expansion. 1 in2.43 billion yuan, up 27.76 percent growth rate over the
August last year, the cumulative total profit of 4.41previous year increased by 14.37 percent over the
billion yuan, an increase of 30.23%, compared with asame period, the cumulative financial costs to the cost
year earlier, a decrease of 22.10 percentage points;of the total costs accounted for 0.63%, representing a
accumulated losses of loss-making enterprisesdecrease of comparison a year earlier, 0.07 percent .
amounted to 356 million. 8 the end of a loss of face of(E) profitability
China's medical equipment manufacturing industry with2008 1 August, the accumulated profits of China's
22.35% over the same period last year an increase ofmedical device manufacturing industry amounted to
2.22 percentage points; a loss of depth of 8.07%,4.41 billion yuan, an increase of more than 928 million
compared with a year earlier, an increase of 1.60yuan a year earlier; accumulated losses of loss-making
percentage points.enterprises amounted to 356 million. 8 the end of a
In the external sector, China's medical apparatus andloss of face of China's medical equipment
instruments continue to maintain a surplus situation, themanufacturing industry with 22.35% over the same
1 ~ September, the cumulative trade surplus ofperiod last year an increase of 2.22 percentage points;
1.224701 billion U.S. dollars over the previous year ana loss of depth of 8.07%, compared with a year earlier,
increase of 514.36 million U.S. dollars over the samean increase of 1.60 percentage points.
period. Cumulative exports 3.264058 billion U.S. dollars,(Vi) Industry operating performance
up 34.7% growth rate over the previous year hasThe ability to grow. 2008 1 August, China's medical
increased by 2.4 percentage points; total importsequipment industry sales growth rate of 29.71%,
amounted to 2.039357 billion U.S. dollars, up 19.3%,compared with a year earlier, an increase of 9.50
import growth, while lower than export growth, butpercentage points; the total profit growth rate of
growth rate compared with a year earlier, showed30.23%, compared with a year earlier, a decrease of
accelerated growth of imports.22.10 percentage points; total assets a growth rate of
1, medical device manufacturing operation23.04%, compared with a year earlier, an increase of
(A) Industry size5.93 percentage points.
2008 1 August, China's medical device manufacturingProfitability. 2008 1 August, China's medical device
industry realized an accumulative total 42.934 billionmanufacturing industry as a 24.21% gross profit margin,
yuan sales income, an increase of 29.71 percentcompared with a year earlier, a decrease of 0.88
growth rate over the previous year has increased bypercentage points; sales profit rate of 10.27%,
9.50 percentage points. 8 at the end, China's medicalcompared with a year earlier, a decrease of 0.10
device manufacturing assets totaled 57.451 billion yuan,percentage points; cost margins 11.44%, compared with
up 23.04 percent growth rate over the previous yeara year earlier, a decrease of 0.13 percentage points;
has increased by 5.93 percentage points; the numberassets profit margin of 7.68%, compared with a year
of enterprises to 895, compared with a year earlier, anearlier, an increase of 0.24 percentage points; net
increase of 105; practitioners years both the number ofassets profit margin of 13.94%, compared with a year
179.9 thousand people, compared with a year earlier,earlier, an increase of 0.12 percentage points.
an increase of 94.4 thousand people.Solvency. 2008 1 August, China's medical device
(B) the capital / labor intensitymanufacturing assets-liability ratio of 44.92%,
8, the end of 2008, China's medical devicecompared with a year earlier, a decrease of 1.29
manufacturing industry sales income per capita is 238.7percentage points; interest coverage ratio of 19.18
thousand yuan / person, compared with a year earlier,times, compared with a year earlier, an increase of 1.73
an increase of 2.81 yuan / person; average totaltimes; equity ratio of 0.82, a decrease of 0.04 over the
assets of 319.4 thousand yuan / person, comparedsame period the previous year.
with a year earlier, an increase of 2.55 million yuan /Viability. 2008 1 August, China's medical device
person; unit of product sales revenue for 47.9714 millionmanufacturing industry total asset turnover ratio of
yuan / unit, compared with a year earlier, an increase74.73%, compared with a year earlier, an increase of
of 5.482 million yuan / unit; unit of total assets of 64.19113.07 percentage points; mobile asset turnover ratio
million yuan / unit, compared with a year earlier, anwas 1.24 times, compared with a year earlier, an
increase of 4.8989 million yuan / unit.increase of 0.09 times; turnover of finished products
(C) sales ofrate of 7.48 times, compared with a year earlier, an
2008 1 August, China's total industrial output value ofincrease of 0.21 times.
medical equipment manufacturing sector for 46.117