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Tibet Weixinkang Pharmaceutical Co., Ltd. (China)

Main Activities: Pharmaceutical and Medicine Manufacturing
Full name: Tibet Weixinkang Pharmaceutical Co., Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Tibet Weixinkang Medicine Co., Ltd. is a comprehensive high-tech pharmaceutical company that was founded in 2006 and renamed as Tibet Weixinkang Medicine Co., Ltd. in 2013. It is located in Lhasa, Tibet, and has 11 subsidiary companies spread across Beijing, Inner Mongolia, Hainan, Jiangsu, and Hong Kong. The company has nearly 800 employees. The company focuses on research and development innovation based on clinical needs and combines imitation and creation. It specializes in the development, production, and sales of pharmaceutical products. It has significant advantages in the fields of intravenous vitamins, intravenous trace elements, and intravenous electrolytes. As an expert in adult and pediatric parenteral nutrition drugs, the company's main products include various injectable vitamins, injectable vitamins for children, injectable trace elements, compound amino acid injections, injectable acetylcysteine solution for inhalation, injectable potassium magnesium aspartate, injectable sucrose iron, compound electrolyte injections, and mixed sugar electrolyte injections. The company's research and development center has nearly 200 researchers, with an average of over 10 years of experience in drug development. It has established three major technology platforms: "new injection process technology platform," "large compound preparation technology platform," and "new freeze-drying technology platform." The company is also extending its research and development platforms to oral solid dosage forms and new drug delivery systems. It has obtained 15 invention patents and 17 new drug certificates since 2015, with 13 drugs having 19 registration approvals. More than 40 projects are currently under development, with several projects in the registration and evaluation process. The company has established a professional and efficient marketing and sales network, covering over 3,000 secondary and above-level medical institutions nationwide. It also covers mainstream commercial channels and most provinces, providing customized commercial solutions for partners. Tibet Weixinkang Medicine Co., Ltd. adheres to the talent concept of "people-oriented, striving for excellence" and has attracted a large number of professionals to join the company, laying a solid talent foundation for its long-term development. The company will continue to uphold its mission of "caring for life, maintaining health," rooted in China, facing the world, focusing on the health industry, and focusing on cutting-edge fields. It will further adapt to the development trend of the pharmaceutical industry, continuously improve its innovation capabilities and technical level, provide more innovative and accessible treatment solutions, and strive to become a respected and leading professional pharmaceutical company.

Headquarters
3F Bldg 4 Industry Ctr. 5 Yuanqu S. R. Zone B Lhasa E.D.A. Tibet
Lhasa; Tibet; Postal Code: 850000

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Website: http://www.wxkpharma.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 17, 2006
Key Executives
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Chairman of the Supervisory Board
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Director
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General Manager
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Deputy General Manager
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Deputy General Manager
Ownership Details
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47.17%
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12.27%
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8.27%
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7.75%
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0.88%
Subsidiaries
Beijing Cangwei Xinkang Pharmaceutical R&D Co., Ltd.
100%
Beijing Jingwei Xinkang Pharmaceutical Technology Development Co., Ltd.
100%
Beijing Jingwei Zhongzhi Pharmaceutical Technology Development Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Tibet Weixinkang Pharmaceutical Co., Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-9.29%
Total operating revenue
-9.41%
Operating profit (EBIT)
-2.01%
EBITDA
-2.41%
Net Profit (Loss) for the Period
57.54%
Total assets
9.31%
Total equity
11.58%
Operating Profit Margin (ROS)
1.52%
Net Profit Margin
12.67%
Return on Equity (ROE)
1.93%
Quick Ratio
0.27%
Cash Ratio
-0.08%

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