Research on the Operating Efficiency of Chinese Listed Pharmaceutical Companies Based on Two-Stage Network DEA and Malmquist

Table 2

Summary of means of technical efficiency.

Company name	The first stage	The second stage	Total
Adisseo	0.731807447	0.70427645	0.718041949
Anke Bio	0.701258545	0.65681619	0.679037367
Osaikon	0.77517144	0.677756486	0.726463963
Baiyunshan	0.383760611	0.329568568	0.35666459
Bdyy	0.621063253	0.668172657	0.644617955
Beilu	0.755456729	0.662521895	0.708989312
Porton	0.626443198	0.653894142	0.64016867
None	0.708205489	0.644792119	0.676498804
Changchun High-Tech	0.754140117	0.760920762	0.757530439
Changjiang Runfa Medicine	0.622444299	0.581956694	0.602200497
Changshan Pharma	0.705379957	0.663215003	0.68429748
DAJY	0.611416622	0.570090491	0.590753556
Dezhan	0.800138709	0.776221753	0.788180231
Jiao	0.68813071	0.761262056	0.724696383
DBBT	0.715738024	0.641593159	0.678665591
VC	0.463121349	0.46703195	0.465076649
Dongcheng	0.67384118	0.680702372	0.677271776
Nhwa Pharm	0.655734649	0.667349718	0.661542183
Ekzy	0.679041427	0.578708106	0.628874767
Fangsheng	0.700194471	0.656633368	0.678413919
Fengyuan	0.58132929	0.49193138	0.536630335
Fczy	0.678039919	0.651980945	0.665010432
Fayy	0.64776847	0.593446924	0.620607697
Fosun Pharm	0.469682442	0.744647296	0.607164869
Fuxiang	0.699215567	0.600348021	0.649781794
Guangji	0.686416693	0.640838606	0.66362765
Kwong Sang Hong	0.739991067	0.650835677	0.695413372
Guang Yuyuan	0.697803931	0.643573172	0.670688552
Lark	0.630381464	0.657746723	0.644064093
Glsj	0.677120987	0.682796241	0.679958614
Sinopharm Hyundai	0.496221436	0.397513751	0.446867593
Harbin Pharm	0.34428928	0.475791143	0.410040211
Haili Bio	0.727883095	0.652682123	0.690282609
Hnhy	0.609983775	0.528580996	0.569282386
Hepalink	0.64389566	0.594403859	0.619149759
Haishun New Pharma	0.750928424	0.661675715	0.706302069
Haisco	0.720451696	0.487743987	0.604097841
Hisoar	0.645544623	0.65460421	0.650074417
Haixin	0.627599087	0.672097746	0.649848417
Hisun	0.353460494	0.409015554	0.381238024
Han Sen Pharm	0.668777752	0.663899646	0.666338699
Hybio	0.636033086	0.580810237	0.608421662
Hengrui	0.837490527	0.961302739	0.899396633
Chase Sun	0.547733919	0.410016	0.478874959
NCPC	0.36259657	0.447801928	0.405199249
Huahai	0.543995409	0.553533665	0.548764537
Hualan Bio	0.807931213	0.595846914	0.701889064
Huaren	0.595328472	0.659644838	0.627486655
HRSJ	0.541774861	0.574425738	0.558100299
China Resources Double-Crane	0.568038828	0.54622275	0.557130789
Huashen Technology	0.719199418	0.674035569	0.696617493
Walter Dyne	0.664596536	0.687196219	0.675896377
Yanbian FC	0.778142258	0.63590963	0.707025944
Kyrgyzstan	0.601616926	0.496027976	0.548822451
Jichuan	0.683807204	0.487854907	0.585831056
Jimin	0.681185309	0.657322504	0.669253906
JYPC	0.685562921	0.649641211	0.667602066
Joincare pharm	0.610082457	0.454142296	0.532112376
Jiangzhong	0.642567847	0.736567664	0.689567756
Jincheng	0.639785389	0.569178368	0.604481878
Jinhe Bio	0.623354577	0.649028661	0.636191619
Jinling	0.546235719	0.635576844	0.590906281
Jinshiya	0.715796667	0.644757882	0.680277274
Jingxin	0.68571291	0.570388142	0.628050526
Jinghua	0.636944978	0.641649287	0.639297132
Jingfeng	0.606488959	0.543530495	0.575009727
Jiuqiang	0.786956228	0.700046207	0.743501218
Jiuzhitang	0.645201026	0.516603024	0.580902025
Jiuzhou	0.628567115	0.584155422	0.606361268
CONBA	0.543861375	0.481004348	0.512432862
Kanghong	0.665245011	0.527460836	0.596352924
Kangyuan	0.61414204	0.577926992	0.596034516
Kangzhi	0.684816087	0.656415871	0.670615979
KHB	0.727976507	0.591841298	0.659908903
Kelun	0.378799441	0.493231698	0.43601557
Sunflower	0.556170097	0.511400244	0.533785171
Kunming Pharm	0.534324416	0.551964191	0.543144303
Lummy	0.625056228	0.628112755	0.626584491
LAYN	0.721614484	0.661566479	0.691590481
Lisheng Pharma	0.657353855	0.679177139	0.668265497
Livzon Pharm	0.71738134	0.628871094	0.673126217
LEADMAN	0.714944289	0.624498345	0.669721317
Lianhuan pharm	0.698888411	0.670367118	0.684627765
Lingkang	0.725743874	0.584694518	0.655219196
Lingrui Pharm	0.666997747	0.677070779	0.672034263
Long jin Pharm	0.753570272	0.647133166	0.700351719
Lukang Pharm	0.509027638	0.460965245	0.484996442
Mike Bio	0.742422513	0.650407694	0.696415103
M.k.	0.654220437	0.562356283	0.60828836
Palin Bio	0.703269836	0.65109186	0.677180848
PIEN TZE HUANG	0.763824558	0.726005071	0.744914814
Julie Plec	0.709624166	0.469789228	0.589706697
plyy	0.489613809	0.53054052	0.510077164
CHEEZHENGTTM	0.714689814	0.613582646	0.66413623
Qidi	0.691053939	0.654977334	0.673015636
Qianhong Biopharma	0.70228214	0.679203457	0.690742799
Qianjin Pharm	0.612647181	0.607590824	0.610119003
Qianyuan	0.664973414	0.556845497	0.610909455
Renfu	0.322406425	0.42016555	0.371285988
Renhe Pharmacy	0.596351472	0.672679619	0.634515546
rpsw	0.651166925	0.5912946	0.621230762
Saisheng	0.761947778	0.701836844	0.731892311
SAM	0.671926336	0.659700513	0.665813424
Shanhe Pharmacy	0.734791349	0.650221186	0.692506268
Shkb	0.698069521	0.680387876	0.689228698
Shanghai RAAS Blood Products	0.676407378	0.605561928	0.640984653
Shenqi	0.646589105	0.581969742	0.614279423
Biological Stock	0.760202981	0.756042924	0.758122952
Salvage Pharm	0.463144872	0.502413614	0.482779243
Sts	0.739781567	0.689149244	0.714465406
Scyy	0.699966811	0.603380282	0.651673546
Beijing SL Pharm	0.773760654	0.68883442	0.731297537
Stellite	0.667760149	0.642702048	0.655231099
Shsw	0.73692057	0.657203864	0.697062217
Tat	0.60265023	0.544697259	0.573673745
Taiji Group	0.399279671	0.498518625	0.448899148
Taloph Pharm	0.61924255	0.644434623	0.631838587
Teyi	0.698667383	0.66716684	0.682917112
Tasly	0.41666853	0.630275487	0.523472009
Tiantan Biological	0.733010668	0.657600328	0.695305498
Tianyao Pharm	0.646240088	0.613143357	0.629691722
Thdb	0.77883326	0.706539764	0.742686512
Thjm	0.567809163	0.564386742	0.566097953
TRT	0.499628521	0.691621404	0.595624963
Wanbangde	0.427406852	0.537992679	0.482699766
Wondfo	0.715009555	0.631798868	0.673404211
WEDGE INDUSTRIAL	0.736184308	0.643355439	0.689769873
Weiming	0.711826016	0.650321829	0.681073922
Wowu	0.770567021	0.675840362	0.723203692
Wohua	0.703903392	0.661188132	0.682545762
Wosen	0.671912477	0.552904143	0.61240831
AMD	0.750945781	0.61052309	0.680734436
Xianju Pharm	0.609803878	0.607517262	0.60866057
Xiangxue Pharm	0.56837251	0.537740093	0.553056301
Sunflower	0.55841059	0.566683692	0.562547141
NHU	0.632654979	0.4122508	0.52245289
Xinhua	0.488947377	0.556767052	0.522857214
Xinbang	0.440203247	0.395079286	0.417641267
SALUBRIS	0.715240078	0.63026292	0.672751499
BROTHER	0.697594871	0.621553604	0.659574237
Yabao	0.558060463	0.567098443	0.562579453
Yatai	0.59468608	0.568673089	0.581679584
Yananbikang	0.585080092	0.503340182	0.544210137
Yiling Pharm	0.591814993	0.635212897	0.613513945
Yifan	0.659880029	0.609050879	0.634465454
Yibai	0.564093323	0.437330699	0.500712011
Yisheng	0.661646927	0.603737031	0.632691979
Yiduoli	0.648099384	0.597623845	0.622861614
Chinataurine	0.692881108	0.647370414	0.670125761
Gloria Pharm	0.479739963	0.433218753	0.456479358
Baiyao	0.50362558	0.819177469	0.661401524
Zhejiang Medicine	0.500873109	0.515343568	0.508108338
Zhenbao Island	0.66468048	0.494783002	0.579731741
zdzy	0.568909321	0.561712443	0.565310882
Zhifei	0.821043844	0.783585599	0.802314721
Zhongguancun	0.603226518	0.546917339	0.575071929
China Medicine	0.326022175	0.619902235	0.472962205
Zhongheng Group	0.699336493	0.716431982	0.707884238
Zhongmu	0.534061049	0.625219552	0.579640301
Zhongxin	0.523656226	0.64705675	0.585356488
Zsyy	0.728308394	0.611906374	0.670107384
JLZX	0.70032643	0.554290101	0.627308266
Zuoli	0.658487779	0.492143686	0.575315732