Gelonghui September 8 | On September 5, CITIC Securities released a research report, covering Yaoshibang (9885. HK) for the first time and giving it a "buy" rating, optimistic about its continued profitability and development prospects. China Securities pointed out in the research report that Yaoshibang has a deep layout in the sinking market outside the hospital. From 2020 to 2024, its operating income will increase from 6.06 billion yuan to 17.904 billion yuan, with a compound growth rate of 31.1% during the period, and its scale advantage is obvious. In the self-operated business, the first brand launch and the accelerated growth of self-operated brand business have driven the simultaneous increase in revenue and gross profit margin; Platform business commission rate and subsidy rate net margin continues...
