Beijing Wantai Biological Pharmacy Enterprise (SHSE:603392) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥582.1m (down 28% from 3Q 2023).
- Net income: CN¥6.17m (down 94% from 3Q 2023).
- Profit margin: 1.1% (down from 13% in 3Q 2023).
- EPS: CN¥0.005 (down from CN¥0.085 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Beijing Wantai Biological Pharmacy Enterprise Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 95%.
Looking ahead, revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Biotechs industry in China.
Performance of the Chinese Biotechs industry.
The company’s shares are up 5.1% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Beijing Wantai Biological Pharmacy Enterprise’s balance sheet and an in-depth analysis of the company’s financial position.
Valuation is complex, but we’re here to simplify it.
Discover if Beijing Wantai Biological Pharmacy Enterprise might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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