瑞尔盈利大增，齿科连锁熬走冬天了吗？

Core Viewpoint - 瑞尔集团 is experiencing significant growth in its profitability, with a projected pre-tax profit exceeding 20 million yuan for the six months ending September 30, indicating a strong recovery and operational efficiency [1][2]. Financial Performance - For the fiscal year 2024, 瑞尔集团 reported a pre-tax profit of 7.4 million yuan, while the previous fiscal year (2023) saw a total revenue of 1.746 billion yuan, an 18.5% increase from 1.47 billion yuan in 2022, with a net profit of 13.4 million yuan [2][3]. - In fiscal year 2024, revenue slightly declined to 1.688 billion yuan due to decreased treatment prices, but net profit increased to 16.168 million yuan, reflecting a 20.5% year-on-year growth [3]. Operational Insights - The number of patients treated by 瑞尔集团 remained stable at nearly 2 million annually, with a slight increase of 0.3% in fiscal year 2024 compared to the previous year [5]. - The company has reduced its workforce from 3,464 employees in fiscal year 2023 to 3,111 in fiscal year 2024, primarily affecting nursing and customer service staff, while the number of dentists increased from 972 to 999 [5][6]. Strategic Initiatives - 瑞尔集团 has initiated an "ALL IN AI" strategy, aiming to enhance operational efficiency and service quality through artificial intelligence applications, although the immediate impact on financial performance remains to be seen [6][7]. - AI is being utilized for potential treatment identification, improving patient conversion rates, and enhancing service capabilities, which may contribute to long-term revenue growth [7].