Lbx Pharmacy Chain Joint Stock Company(603883) april 28 disclosed the annual report of 2021 and the first quarterly report of 2022 at the same time. In 2021, the company achieved an operating revenue of 15.696 billion yuan, a year-on-year increase of 12.38%; The net profit attributable to the shareholders of the listed company was 669 million yuan, a year-on-year increase of 7.75%. Since its listing in 2015, Lbx Pharmacy Chain Joint Stock Company(603883) has maintained the trend of double growth of revenue and net profit for seven consecutive years.
In the first quarter of 2022, Lbx Pharmacy Chain Joint Stock Company(603883) actively overcome the impact of repeated epidemic in some regions, and the year-on-year growth rate of operating revenue increased month by month. The company achieved an operating revenue of 4.141 billion yuan, a year-on-year increase of 13.81%; The net profit attributable to the shareholders of the listed company was 242 million yuan, a year-on-year increase of 6.26%. The company’s operating revenue from January to March increased by 8.23%, 13.13% and 20.62% respectively year-on-year.
It is worth mentioning that Lbx Pharmacy Chain Joint Stock Company(603883) launched a generous dividend plan to give back to shareholders: cash dividend of 5 yuan (including tax) for every 10 shares, converted into 3 shares, with a total dividend of 224 million yuan, accounting for 33.47% of the net profit attributable to the parent company in 2021, the highest in recent four years. Seven years since listing, the company has distributed a total of 1.078 billion yuan in cash dividends (including this time), accounting for 106.74% of the net funds raised by listing.
In 2021, Lbx Pharmacy Chain Joint Stock Company(603883) built a three-dimensional deep cultivation mode of direct marketing, spark (M & A), alliance and alliance, which helped the rapid increase of the company’s stores. During the reporting period, Lbx Pharmacy Chain Joint Stock Company(603883) added 2163 stores, and the number of stores in prefecture level cities and below accounted for 67%. The strategy of deep cultivation and sinking the market has achieved initial results.
By the end of the first quarter of this year, the company’s chain layout network had covered 20 provincial markets and more than 120 prefecture level cities. The company has 8612 stores, including 6242 Direct stores and 2370 franchise stores.
Lbx Pharmacy Chain Joint Stock Company(603883) president Wang Li said that the company has formulated the regional expansion strategy of “focus + sinking”. While developing self support, it will also make good use of the characteristics of fast sinking speed of franchise mode, quickly improve the dominant market share and profit level, and consolidate the regional leading advantage.
For franchise business, Lbx Pharmacy Chain Joint Stock Company(603883) implements “seven unification” high standard management to ensure the quality, efficiency and output of franchise stores. In 2021, the distribution revenue of the company’s franchise business was nearly 1.3 billion yuan, with a year-on-year increase of 31.4%, covering more than 2 billion yuan of drug retail market share, with a year-on-year increase of 36%. The company’s franchise network covering more than 10 provinces and cities is becoming more and more perfect.
In March this year, Lbx Pharmacy Chain Joint Stock Company(603883) held the second join in investment promotion live broadcast Festival, which attracted 6 million entrepreneurs online onlookers, nearly 2000 people lined up online to sign up, and finally successfully signed nearly 1000 contracts.
It is reported that Lbx Pharmacy Chain Joint Stock Company(603883) unique “spark” acquisition is also a way for the company to achieve rapid expansion.
In 2021, Lbx Pharmacy Chain Joint Stock Company(603883) successively completed the acquisition of the remaining minority interests of Lanzhou huirentang, Huakang pharmacy, Jiangsu Baijia Huihe and Taizhou longtaiyuan, and completed the wholly-owned holding of the above companies, which is conducive to integrating the resources of listed companies and improving the profitability of the company. In addition, the company spent 680 million yuan to acquire 100% equity of Chifeng Renchuan pharmacy, forming a joint force with the first Dalian suotong Liaoze powerful pharmacy in Inner Mongolia acquired by Lbx Pharmacy Chain Joint Stock Company(603883) early stage.
In the first quarter of this year, Lbx Pharmacy Chain Joint Stock Company(603883) “big” acquisition landed. With its own capital of 1.637 billion yuan, the company acquired 719643% equity of Huairen dahealth, the most influential retail chain drugstore in Western Hunan, which is also the largest acquisition in the company’s history. After the completion of the transaction, Lbx Pharmacy Chain Joint Stock Company(603883) in seven of the 14 prefectures and cities in Hunan Province, the number of stores ranks first. The number of stores in Hunan Province is expected to exceed 3000 (including franchisees), becoming the chain pharmacy enterprise with the first number of stores in Hunan Province.
Relying on the widely distributed offline marketing network and advanced digital management platform, Lbx Pharmacy Chain Joint Stock Company(603883) ‘s online business is growing rapidly. In 2021, the company’s online channel sales reached nearly 700 million yuan, a year-on-year increase of 170%. By the end of the year, the company had 6581 o2o takeout service stores and 448 24-hour stores.
At the beginning of this year, Lbx Pharmacy Chain Joint Stock Company(603883) pharmacy launched a new brand slogan “spend less, buy the right medicine”. While upgrading the brand, the company is also optimizing its services. The number of self tests conducted by the company’s stores and the number of self tests conducted by the company increased by 34.43% year-on-year, and the number of self tests conducted by the company’s smart devices increased by 1.64 million. By the end of 2021, the total number of members of the company had reached 62.52 million, with 9.2 million new members and 19.7 million active members in 2021.
With regard to the business plan for 2022, Wang Li said that in the face of the complex and changeable environment, the company will firmly grasp the development strategy, strive to improve the company’s value, deeply cultivate and sink the market, improve store output, adhere to digital transformation, maintain exploration and innovation, and realize the high-quality development of the company.
