SEHK:8095Industrials
Beijing Beida Jade Bird (SEHK:8095) Stock Faces Profit Doubts Despite Margin Rebound
Beijing Beida Jade Bird Universal Sci-Tech closed at HK$0.675 on the day its half year results landed, after a weak three month stretch that left the stock down about 29% over 90 days. The short term tape tells a story of doubt. The earnings tell a different one.
The headline is profitability. Trailing twelve month basic earnings per share are C¥0.172039 with a trailing net profit margin of 50%. That is a sharp contrast to the company’s five year record of earnings decline. The key issue is...