Can GE and Johnson & Johnson be alone in the winter?

Recently, an email suspected of internal communication from GE may have been circulated to the Internet due to the unwillingness of the recipient, causing heated discussion in the industry. The authenticity of the content has not been verified. The author believes that this matter should be viewed in the attitude of “speaking according to facts”. Therefore, combined with some data, analyze and analyze with everyone.

GE and Johnson & Johnson are both in the winter. Can you still be alone?

On January 22, 2016, GE announced its financial data for Q4 2015 and the whole year. Read it carefully, not only makes people feel chilly, especially in the context of this rare cold wave in history.

First, let's take a look at the overall quarterly performance of GE and the healthcare business in 2015:

GE and Johnson & Johnson are both in the winter. Can you still be alone?

Table 1: GE and medical business by quarterly data for 2015

It can be seen from the above data that GE's overall performance is not satisfactory, and the business of the medical sector is particularly ugly. Interestingly, in GE's quarterly report, starting from Q1, for the fourth quarter, the first sentence is “Slow growth and volatileenvironment” (the global economy enters the new normal: low growth and unstable environment), and The big theory coincides, and the result is the same. In the telephone conversation with investors, the two "sisters" are repeated repeatedly: we have already said that 2015 will be a state of low growth and instability (so you should not ask me why the performance is so bad). (The original words: For the last fewyears I've talked about a slow growth and volatile economy. This is still myview. ---Author's note)

Among them, in the fourth quarter, the overall order volume of medical business was 5.2 billion US dollars, down 4%. From a regional perspective, the US fell 1%, Europe fell 8%, the Middle East fell 4%, and China fell 6%! GE management said that the number of bids in China is continuing to improve, as if people are seeing the dawn.

In addition, from the perspective of product lines, orders for medical systems fell by 6%, and the United States fell by 2%, mainly due to fierce competition in molecular imaging and X-ray products, even though nuclear magnetic and ultrasonic products performed particularly well because of the launch of a series of new products. They rose by 33% and 5% respectively. In a stumbling environment, the life sciences business performed well, growing by 2%.

2015 is already unsatisfactory, so what will be in 2016? In this regard, GE's management is still very confident, they believe that the profit and profit margin of the medical business will be improved and improved in 2016, the life sciences business will grow strongly, the medical system business will be digitally transformed and the product cost will be reduced. Benefit from it. Overall, they estimate that the medical business in 2016 will achieve low to medium single digit growth.

Where does their confidence come from? Mainly because they have already stocked enough “food and energy” in 2015: they invested a lot of resources in new product development in 2015, improved their IT business, and did a lot of product cost reduction work. and many more.

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I. Company profile

Tiancheng Chemical Co., Ltd. is a collectivized high-tech multi-function fine chemical enterprise, integrated with science, industry, trade and research, which is mainly engaged in paper chemicals, Water Treatment Chemicals, rubber and plastic chemicals, agricultural pharmaceutical intermediates, basic chemical materials, food additives, detergent additives and electronic chemicals.

II. Technical indicators:

Appearance

Colorless and transparent liquid

Content

65%

pH value

4-5.5

Viscosity (25℃), mPa·s

≤20

III. Application fields:

1. In the field of electronic chemicals: the surfactant can be used in cleaning preparations of the electronic products, with the function of washing and electrostatic elimination.

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IV. Notes:

1. Storage condition: This product is stored in a cool and dry place (5-30 ℃) to prevent open-air exposure and freezing.

2. If the product storage temperature is below -15 ℃, there will be crystalline polamer. Before using, please heat and stir evenly, not affecting the product quality.

3. The product is slightly acidic. If it is accidentally into the eyes, please wash with water immediately.

V. Packing specification

250 kg plastic drum; IBC tons of barrel; Flexitank.

Surface Active Agent TC-2000

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Shandong Tiancheng Chemical Co., Ltd. , https://www.tianchengchemical.com