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Besunyen Holdings Company Limited (Hong Kong SAR, China)

Main Activities: Coffee and Tea Manufacturing | Beverage Manufacturing
Full name: Besunyen Holdings Company Limited Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Besunyen Holdings Company Limited, located in Hong Kong, was established in 2000. It is a leading supplier of functional health tea in China. The company is primarily engaged in the research, production, sales, and promotion of functional health tea and medicine. In 2010, Besunyen Holdings Company Limited was listed on the Main Board of the Hong Kong Stock Exchange (stock code HK00926). In recent years, Besunyen has continued to focus on its core business of Besunyen brand Changrun Tea and Changjing Tea, while also introducing a series of functional tea products, including Xianxian Tea and Qingyuan Tea (collectively known as the Four Teas). Since April 2015, Besunyen has been selling Olistat capsules under the LaiLi brand. In October 2017, the company acquired Zhongshan Wanhan Pharmaceutical Co., Ltd. and Zhongshan Wanyuan New Drug Development Co., Ltd., collectively known as "Zhongshan Wanhan". Zhongshan Wanhan's main business is the research, production, and sales of Besunyen brand Olistat capsules and other over-the-counter drugs, expanding Besunyen's product layout from the weight loss health tea market to the weight loss OTC drug market, further covering the weight loss market segment. In April 2021, Besunyen acquired Henan Xueyinghua Pharmaceutical Co., Ltd., which is mainly engaged in the production and sales of soft capsule, hard capsule, and tablet dosage form drugs. The acquisition of Xueyinghua further expands Besunyen's qualifications in pharmaceutical research and development and production, laying a solid foundation for its comprehensive layout and development in the pharmaceutical field. In 2022, Besunyen's offline sales business covered nearly 400,000 non-prescription drug pharmacies and supermarket terminals in 31 provinces, autonomous regions, and municipalities across China through 67 distributors and 96 distributors. The online sales team operates 122 stores on 35 e-commerce platforms to sell the Four Teas, Olistat, and other products of the group. By reaching consumers through various channels, the company aims to improve consumer communication and service. In the future, Besunyen will continue to deepen its development in the health industry, focusing on herbal plants and health preservation. It will expand into new businesses in the fields of "weight loss and weight management" and "intestinal health and gastrointestinal health." The company will continue to establish new channels, develop new products, and explore new business models, striving to create an ecological system in the health industry.

Headquarters
Room 1303, 13/F., China Resources Building, 26 Harbour Road
Hong Kong; Hong Kong;

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Website: http://ir.besunyen.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:
August 05, 2009
Key Executives
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Chairman
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Vice Chairman
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Chief Financial Officer
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Outside Director
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Outside Director
Ownership Details
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Subsidiaries
Be sunyen BVI
100%
Beijing Outsell Health Product Development Co., Ltd. (China)
100%
Beijing Pincha Online E-Commerce Co., Ltd (China)
100%
Company Performance
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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
-11.76%
Total operating revenue
-10.16%
Operating profit (EBIT)
-47.42%
Net Profit (Loss) for the Period
-242.48%
Total assets
-54.14%
Total equity
-47.36%
Operating Profit Margin (ROS)
-5.1%
Net Profit Margin
-31.88%
Return on Equity (ROE)
-54.62%
Debt to Equity Ratio
-17.6%
Quick Ratio
0.97%
Cash Ratio
-0.11%

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