Oct 2025 Insider Report | Dental Industry Enters Efficiency-First Cycle: Industrial Chain Value Migration & Player Differentiation PathIssuing time:2025-10-31 21:56
试 读朋友们,见字如面。 10月的财报季,一组对比鲜明的数字引人深思。 春立医疗第三季度单季营收同比增长109.51%,归母净利润增幅达到213.21%;铂力特前三季度归母净利润暴涨234.83%。与此同时,通策医疗前三季度营收增长仅2.56%,而皓宸医疗则面临营收下降17.03%,并亏损2641万元。 这不仅仅是企业盈亏榜单,更是产业链价值重心迁移的清晰信号。当上游材料设备企业利润翻倍增长时,下游医疗服务机构却在低速增长甚至亏损中挣扎,这引发了一个关于“谁创造价值、谁分配价值”的深层问题。 此时,市场的游戏规则正悄然重写,产业链内部权力关系的根本性改变正在浮出水面……
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