On March 25, Yunnan Baiyao Group Co.Ltd(000538) disclosed the annual report of 2021. During the reporting period, the company achieved an operating revenue of 36.374 billion yuan, an increase of 11.09% year-on-year; The net profit attributable to shareholders of listed companies was 2.804 billion yuan, a year-on-year decrease of 49.17%; The basic earnings per share is 2.21 yuan. The company plans to distribute cash dividends of 16.00 yuan (including tax) and 4 bonus shares (including tax) to all shareholders for every 10 shares.
According to the announcement, during the reporting period, the company’s oral care product group expanded from a single Baiyao hemostatic toothpaste to customized toothpaste for different groups, as well as mouthwash, tooth flushing and other categories of oral care products. Among them, the toothpaste category still gained more than 23% market share in 2021, maintaining the first position in the industry market share.
In terms of traditional Chinese medicine resources, in order to ensure the supply of medicinal materials for the group, the company has created strategic varieties including Paris polyphylla, Panax notoginseng and industrial marijuana. Based on the large varieties of genuine natural medicinal resources in Yunnan, cultivate a resource system with sustainable development and technical content, build a group of branded natural medicinal resources, and build a closed-loop ecosystem tracing the whole process from planting to recycling.
In terms of medical beauty track, the company concentrates advantageous resources and actively promotes the ecological layout of medical beauty industry chain. In line with the development trend of the medical beauty industry, the company continues to make efforts in the medical beauty strategy track, accurately customize the skin management industry and skin medical outpatient institutions, and provide differentiated solutions for users with different needs under the collaborative development logic within the group.
As of today’s close, Yunnan Baiyao Group Co.Ltd(000538) fell 0.9% to 81.06 yuan, and the stock fell more than 22% during the year.
