On February 9th, Aimeike disclosed its first annual report, showing that the company's operating income in 2020 increased by 27. 18% to 7 10/00000 yuan, and the net profit attributable to shareholders of listed companies increased by 43.93% to 440 million yuan.
According to Aimeike's prospectus, the growth rate of operating income has exceeded 40% for three consecutive years.
The prosperity of the medical beauty market in China has boosted the high growth of beauty lovers for many years. According to the market research company Jost Sullivan (Frost &; Sullivan), the standardized medical beauty market in China reached1216.7 billion RMB in 20 18, and it is expected to reach 3613 billion RMB in 2023, with a compound growth rate of 24.2%.
Aimeike is a major research, development, production and sales company of hyaluronic acid in China. Jost Sullivan's research report in 2020 shows that by 20 19, the domestic market share of Aimeike sodium hyaluronate injection products will reach 26.5% in terms of sales volume and 14% in terms of money, ranking first among domestic enterprises.
Aimeike's main products include Class III medical device series sodium hyaluronate products for injection, facial implant products and cosmetics, among which sodium hyaluronate products for injection are commonly known as hyaluronic acid.
Aimeike owns hippies, Aifulai, Bonida, Yimei, Yimei One Plus One, Aimeifei and other products, among which hippies, as the first product in China, have the first-Mover advantage in the market. In 2020, the main growth of Aimeike's performance will come from solution injection products with hi-body as the core product, and the operating income of such products will reach 447 million yuan, up 82.85% year-on-year.
Hyaluronic acid products have excellent ability to make money. In 2020, the gross profit margin of Aimeike's solution injection products and gel injection products will be 92.85% and 92.27% respectively.
Nowadays, hyaluronic acid is regarded as a golden track, not only because of its high gross profit margin, but also because hyaluronic acid can be used in medical-grade fields such as medical beauty, and can also be used as the basic component of cosmetics and health food.
More and more hyaluronic acid enterprises began to focus on the layout of cosmetics business.
Huaxi Bio has launched many brands such as BIOHYALUX, BIO-MESO, MEDREPAIR, PLUMOON, QUADHA, Demarun, BLOOMCARE, etc. , covering creams, creams, masks, cosmetics and other categories. Huaxi's bio-functional skin care products business has achieved rapid growth in recent years, with a year-on-year growth of 1 18.53%.
Freda, a manufacturer of hyaluronic acid, founded the first makeup brand UMT in May 2020. Its products cover highlights, liquid foundation, eye shadow, lip glaze and other 12 categories. Previously, Freda also launched skin care brands such as Dr. Alva and Elaine.
Aimeike is also increasing its cosmetics business, and has launched the medical beauty skin care brand heartly Hi-body. Its products include neck mask repair, wrinkle-free neck cream repair, cold patch repair, eye mask repair and hydrating mask.
In 2020, the income of Aimeike cosmetics business will increase from 0. 14% last year to 1. 1%. Although the contribution of cosmetics to the overall revenue of Aimeike is limited, the business growth prospects are considerable.
In addition to injection and external use of hyaluronic acid products, oral hyaluronic acid products also have broad room for growth.
Euromonitor consulting report shows that the total sales of health care products in China will reach 311600 million yuan in 2020, of which the consumption of oral beauty products will be 23.8 billion yuan. During Tmall's "6. 18" in 2020, oral beauty products even became one of the three most popular categories of Tmall International, with a year-on-year increase of 22.66%.
Many hyaluronic acid companies are making efforts to take hyaluronic acid tablets orally.
From June 5438 to October 2020 10, Huaxi Bio was officially approved by the State Health Supervision Committee. Sodium hyaluronate can be used as food raw materials, including milk and dairy products, drinks, alcohol, cocoa products, chocolate and chocolate products, candy and frozen drinks. After approval, Huaxi Bio will launch a snack brand "Black Zero" with hyaluronic acid as the main component, focusing on slimming, sleeping, whitening and anti-aging.
Freda recently announced that it will expand the application scope of hyaluronic acid, and will launch "Shan Yan Oral Sodium Hyaluronate" as a supplement to the externally applied hyaluronic acid products.
Although Aimeike did not disclose whether it would develop oral hyaluronic acid business, this business may also become a new growth point for Aimeike in the future.
Aimeike said in the annual report that the company plans to complete product optimization and upgrading and capacity expansion in 20021year, and continuously develop new products and technologies by strengthening R&D investment, so as to expand the product categories in the field of medical beauty.