Qingdao Baheal Medical INC. (SHE:301015)

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Pharmaceutical Wholesale and Distribution Business Division			2.77B	3.43B	3.71B	3.37B	2.61B
Pharmaceutical Wholesale and Distribution Business Division Growth			-19.23%	-7.32%	9.94%	28.98%	48.40%
Brand Operation Business Segment			5.09B	3.70B	2.91B	2.17B	1.99B
Brand Operation Business Segment Growth			37.61%	27.36%	34.11%	8.64%	19.31%
Retail Business Segment			360.02M	359.71M	418.60M	327.21M	227.45M
Retail Business Segment Growth			0.09%	-14.07%	27.93%	43.86%	10.56%
Unallocated Other Operating Income			29.96M	15.19M	22.00M	15.19M	-
Unallocated Other Operating Income Growth			97.30%	-30.97%	44.85%	-	-
Total			8.26B	7.51B	7.05B	5.88B	4.83B
Total Growth			9.94%	6.50%	19.94%	21.60%	32.90%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Shandong Province			2.95B	3.14B	3.07B	2.49B	2.25B
Shandong Province Growth			-6.06%	2.28%	23.36%	10.48%	26.99%
Northern China			780.40M	952.32M	1.20B	907.15M	711.42M
Northern China Growth			-18.05%	-20.92%	32.76%	27.51%	29.52%
East China (Except Shandong Province)			1.51B	1.15B	868.32M	767.95M	558.00M
East China (Except Shandong Province) Growth			31.27%	32.07%	13.07%	37.63%	34.26%
Southern China			790.27M	613.79M	567.96M	524.54M	376.58M
Southern China Growth			28.75%	8.07%	8.28%	39.29%	44.01%
Central China			584.41M	443.39M	309.24M	383.45M	326.77M
Central China Growth			31.80%	43.38%	-19.35%	17.35%	43.29%
Southwest China			452.77M	380.66M	337.71M	294.74M	184.85M
Southwest China Growth			18.94%	12.72%	14.58%	59.45%	50.83%
Northwestern China			338.89M	250.62M	228.65M	181.95M	155.80M
Northwestern China Growth			35.22%	9.61%	25.67%	16.78%	28.63%
Northeast China			482.32M	394.27M	353.96M	268.66M	196.38M
Northeast China Growth			22.33%	11.39%	31.75%	36.81%	92.45%
USA			6.62M	20.02M	9.53M	7.72M	8.04M
USA Growth			-66.91%	110.00%	23.55%	-4.07%	-5.35%
Hong Kong			362.07M	167.58M	101.64M	54.27M	64.16M
Hong Kong Growth			116.05%	64.88%	87.29%	-15.41%	16.07%
Other Region			2.93M	-	-	-	-
Total			8.26B	7.51B	7.05B	5.88B	4.83B
Total Growth			9.94%	6.50%	19.94%	21.60%	32.90%

Source: S&P Global Market Intelligence.