Hebei Hengshui Laobaigan Liquor Second Quarter 2024 Earnings: EPS: CN¥0.18 (vs CN¥0.13 in 2Q 2023)
Hebei Hengshui Laobaigan Liquor (SHSE:600559) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.34b (up 9.0% from 2Q 2023).
- Net income: CN¥168.2m (up 47% from 2Q 2023).
- Profit margin: 13% (up from 9.3% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.18 (up from CN¥0.13 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hebei Hengshui Laobaigan Liquor Earnings Insights
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Beverage industry in China.
Performance of the Chinese Beverage industry.
The company's shares are up 7.2% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Hebei Hengshui Laobaigan Liquor's balance sheet.
Valuation is complex, but we're here to simplify it.
Discover if Hebei Hengshui Laobaigan Liquor 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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About SHSE:600559
Hebei Hengshui Laobaigan Liquor
Hebei Hengshui Laobaigan Liquor Co., Ltd.
Flawless balance sheet with high growth potential and pays a dividend.