Industry Watch
Taiwan business watch 2022: Biomedical company profitability
2023-04-18
The following tables indicate the profitability of companies based on their financial reports for the fiscal year 2022. Companies are ranked as per their earrings per share (EPS), gross profit margin (GPM), operating profit margin (OPM) and net profit margin (NPM).
Listed Companies with Growth Indicators, 2020-2022
Company 2022
NIAT
(TWD 100M)
2022 EPS
(TWD)
2022
GPM (%)
2021
GPM (%)
2020
GPM (%)
2022
OPM (%)
2021
OPM (%)
2020
OPM (%)
2022
NPM (%)
2021
NPM (%)
2020
NPM (%)
Lotus Pharma (美時) 30.21 11.59 53.35 44.59 42.84 28.1 18.15 15.03 20.64 11.09 9.6
Great Tree (大樹) 7.01 7.85 27.54 26.09 25.28 5.92 4.36 2.61 4.81 3.61 2.23
All Cosmos Biotech Holding (全宇生技) 4.56 5.75 30.73 27.05 22.65 18.02 12.44 6.25 12.32 10.77 5.98
Chi Sheng Pharma & Biotech (濟生) 1.54 2.7 36.96 33.29 32.97 13.46 8.81 7.71 13.47 7.75 6.04
Maxigen Biotech (和康生) 1.39 1.65 61.88 50.98 46.87 21.28 17.57 13.35 23.06 17.12 13.83

Note: The table excludes companies with negative profit margins and is listed by NIAT from the largest to the smallest.


Top 20 by EPS, 2022
Company Revenue
(TWD 100M)
NIAT
(TWD 100M)
EPS
(TWD)
Stock Exchange Product category
1 TaiDoc Technology (泰博) 96.27 34.69 36.03 OTC Medical Device, R&D, Manufacturing
2 Pegavision (晶碩) 63.21 15.45 22.03 Listed Medical Device, R&D, Manufacturing
3 St. Shine Technology (精華) 50.03 10.19 20.21 OTC Medical Device, R&D, Manufacturing
4 Bora Pharmaceuticals (保瑞) 104.94 14.02 18.52 OTC Bio-Pharmaceuticals
5 Syngen Biotech (生展) 19.31 3.21 11.85 OTC Workout Equipment & Health Supplement
6 Lotus Pharma (美時) 146.33 30.21 11.59 Listed Bio-Pharmaceuticals
7 Visco Vision (視陽) 27.78 6.14 11.11 Listed Medical Device, R&D, Manufacturing
8 Universal Vision Biotechnology (大學光) 34.94 8.68 10.64 OTC Pharmacy & Distributor
9 Brighten Optix (亨泰光) 7.44 2.54 10.56 OTC Medical Device, R&D, Manufacturing
10 Grape King (葡萄王) 103.91 21.7 9.84 Listed Workout Equipment & Health Supplement
11 Sunmax Biotechnology (雙美) 14.0 5.34 9.8 OTC Medical Device, R&D, Manufacturing
12 HI-Clearance (杏昌) 46.9 3.66 9.06 OTC Pharmacy & Distributor
13 INTAI Technology (鐿鈦) 24.13 4.18 8.75 OTC Medical Device, R&D, Manufacturing
14 Chlitina Holding (麗豐) 40.69 6.9 8.68 Listed Aesthetic Medicine & Beauty Care
15 Great Tree (大樹) 145.65 7.01 7.85 OTC Pharmacy & Distributor
16 Shiny Brands (軒郁) 17.08 1.82 7.79 OTC Aesthetic Medicine & Beauty Care
17 Dr. Wu (達爾膚) 9.27 3.4 7.55 OTC Aesthetic Medicine & Beauty Care
18 BIOTEQ (邦特) 20.1 4.94 7.12 OTC Medical Device, R&D, Manufacturing
19 Delta Asia International (達亞) 4.63 1.71 6.62 OTC Medical Device, R&D, Manufacturing
20 SYN-TECH CHEM. & PHARM. (生泰) 9.86 2.95 6.62 OTC APIs

Top 3 by EPS and Product Category, 2022
Workout Equipment & Health Supplement
Rank Company Paid-in Capital (TWD) Revenue
(TWD 100M)
NIAT
(TWD 100M)
EPS(TWD) Stock Exchange
1 Syngen Biotech (生展) 271008510 19.31 3.21 11.85 OTC
2 Grape King Co. (葡萄王) 1481373730 103.91 21.7 9.84 Listed
3 TCI Co. (大江) 1182608300 74.33 8.21 6.06 OTC

Bio-Pharmaceuticals
Rank Company Paid-in Capital (TWD) Revenue
(TWD 100M)
NIAT
(TWD 100M)
EPS(TWD) Stock Exchange
1 Bora Pharmaceuticals (保瑞) 774348170 104.94 14.02 18.52 OTC
2 Lotus Pharma (美時) 2625913120 146.33 30.21 11.59 Listed
3 Standard Chem & Pharm (生達) 1786960890 58.51 11.54 4.56 Listed

Pharmacy & Distributor
Rank Company Paid-in Capital (TWD) Revenue
(TWD 100M)
NIAT
(TWD 100M)
EPS(TWD) Stock Exchange
1 Universal Vision Biotechnology (大學光) 799291500 34.94 8.68 10.64 OTC
2 HI-Clearance (杏昌) 405209710 46.9 3.66 9.06 OTC
3 Great Tree (大樹) 898492010 145.65 7.01 7.85 OTC

Medical Devices, R&D, Manufacturing
Rank Company Paid-in Capital (TWD) Revenue
(TWD 100M)
NIAT
(TWD 100M)
EPS(TWD) Stock Exchange
1 TaiDoc Technology (泰博) 952352280 96.27 34.69 36.03 OTC
2 Pegavision (晶碩) 700000000 63.21 15.45 22.03 Listed
3 St.Shine Technology (精華) 504165160 50.03 10.19 20.21 OTC

APIs
Rank Company Paid-in Capital (TWD) Revenue
(TWD 100M)
NIAT
(TWD 100M)
EPS(TWD) Stock Exchange
1 SYN-TECH CHEM. & PHARM. (生泰) 445917130 9.86 2.95 6.62 OTC
2 Chunghwa Chemical Synthesis & Biotech (中化生) 775600000 21.17 4.66 6.01 Listed
3 Formosa Laboratories (台耀) 1202559630 37.66 2.17 3.4 Listed

Aesthetic Medicine & Beauty Care
Rank Company Paid-in Capital (TWD) Revenue
(TWD 100M)
NIAT
(TWD 100M)
EPS(TWD) Stock Exchange
1 Chlitina Holding (麗豐) 794923500 40.69 6.9 8.68 Listed
2 Shiny Brands (軒郁) 238921220 17.08 1.82 7.79 OTC
3 Dr. Wu (達爾膚) 450476250 9.27 3.4 7.55 OTC

Agriculture & Agricultural Science
Rank Company Paid-in Capital (TWD) Revenue
(TWD 100M)
NIAT
(TWD 100M)
EPS(TWD) Stock Exchange
1 All Cosmos Bio-Tech Holding (全宇生技) 640340010 37.02 4.56 5.75 Listed
2 Gene Reach (瑞基) 459659750 7.5 2.17 4.82 OTC
3 Huikwang Corp. (惠光) 860611560 24.91 3.14 3.66 OTC

Genetic Testing & Wellness Check
Rank Company Paid-in Capital (TWD) Revenue
(TWD 100M)
NIAT
(TWD 100M)
EPS(TWD) Stock Exchange
1 SOFIVA Genomics (慧智) 213624000 4.96 0.43 2.0 OTC
2 Level Biotechnology (進階) 324528600 5.93 0.58 1.8 OTC
3 LASCO (樂斯科) 256124000 2.36 0.42 1.65 OTC
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