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一文列出京东健康(06618.HK)与行业龙头营运数据比较
阿思达克 12-08 15:45
西南证券发表京东健康(06618.HK)研究报告,指京东健康作为互联网医疗行业後起之秀,其B2C(公司对个人交易)自营电商「京东大药房」、B2B(企业对企业)「药京采」目前均已处於行业领先水,指公司已经实现了在内地基本的互联网医疗基建,随着用户医疗消费习惯的培养、政策的逐渐明朗预计将进入爆发阶段,建议积极关注,但该行无给予投资评级及目标价。

西南证券列出京东健康与行业龙头公司包括阿里健康(00241.HK)、平安好医生(01833.HK)业务数据比较:

股份│京东健康│阿里健康│平安好医生

竞争力│背靠京东(年活跃用户4.4亿)│背靠阿里(年活跃用户7.6亿)│背靠平安

模式│电商起家,医药闭环│电商起家,医药闭环│挂号切入

医生│6.85万名合作医生│3.9万名合作医生│1,836个自有团队+5,978名合作医生

日均问诊量│9万│疫情间一天曾破10万人次│83万

用户数│1.5亿(6月底止)│2.5亿(9月底止)│3.4亿(6月底止)

合作医院│与30家医院合作(连接3万医生)│二级和三级医院逾4,000家│与近50家大医院合作

去年收入│108亿人币│96亿人币│51亿人币

员工总数│1,411人│990人│2,900人

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京东健康与阿里健康、平安好医生旗下药品零售业务对比:

药品零售业务对比

股份│京东健康│阿里健康│平安好医生

可售卖出库货品种类(SKU)│逾1,000万│-│131万

自营品牌│京东大药房│阿里健康大药房│平安健康互联网大药房

第三方商家数量│9,000家│1.8万家│11.1万家

仓储物流│11个药品仓+230个其他仓│9个仓覆盖七个地区│中心仓覆盖40个城市

快递时效│京东物流:当/次日达,覆盖逾200城市│第三方物流,60座核心城市1次日达│第三方物流,40个中心仓覆盖市平均一小时送达,自营商品48小时内诺送货

年活跃用户数│7,250万(截至6月底)│6,500万(截至9月底)│-

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京东健康与阿里健康、平安好医生各业务营收入占比

(1)京东健康

-医药和健康产品销售(87.4%)

-线上平台、广告及其他服务(12.4%)

以上据今年上半年资料

(2)阿里健康

-医药自营(84.3%)

-医药电商(12.9%)

-消费医疗(2.5%)

-追溯业务(0.3%)

以上据今年4月至9月底资料

(3)平安好医生

-医疗业务(45%)

-医药业务(20%)

-消费型医疗(15.8%)

-健康管理及互动(3.9%)

以上据今年上半年资料

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