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福瑞股份:2025年上半年营收稳健增长超11% 核心器械业务表现亮眼
Zheng Quan Shi Bao Wang· 2025-08-22 13:25
Core Insights - The company reported a steady growth in its main business, with a revenue of 713.42 million yuan, representing an 11.02% year-on-year increase, driven primarily by the strong performance of its core medical device business [2] - Despite a decline in net profit attributable to shareholders by 31.09% to 51.93 million yuan due to exchange rate fluctuations and stock incentive costs, the adjusted net profit increased by 20.99% when excluding these factors, indicating healthy profitability in core operations [2] - The company is actively expanding its global market presence, with its FibroScan series devices installed in over 100 countries and regions, reflecting a successful transition from single device sales to a comprehensive "device + service" solution [3] Revenue Growth Drivers - The FibroScan series devices generated sales revenue of 482 million yuan, marking a 13.8% increase, while the pharmaceutical business remained stable with self-owned drug revenue reaching 14.9 million yuan, and e-commerce channel revenue surged by 59.23% [2] - The gross profit margin stood at 75.26%, and the debt-to-asset ratio decreased by 1.22 percentage points to 28.99%, indicating a strengthening financial structure [2] Global Business Resilience - The company’s subsidiary Echosens achieved a net profit of 74.39 million yuan, up 1.76%, further solidifying its leading position in the non-invasive diagnosis of liver diseases [3] - Collaborations with international pharmaceutical companies, such as Boehringer Ingelheim and Novo Nordisk, are being pursued to enhance the diagnostic ecosystem for metabolic fatty liver disease [3] R&D Innovation and Market Expansion - The company is advancing its integrated strategy for liver disease diagnosis and treatment, with the new generation of FibroScan devices being promoted globally [4] - Domestic market expansion includes building a secondary prevention system for liver cancer and developing pediatric liver disease networks through partnerships with renowned hospitals [4] - The implementation of an employee stock ownership plan and stock buyback initiatives reflects the company's commitment to aligning employee interests with long-term goals [4]