Shandong Sanyuan BiotechnologyLtd Third Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.047 in 3Q 2023)

Simply Wall St

Published October 31, 2024

Shandong Sanyuan BiotechnologyLtd (SZSE:301206) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥138.1m (up 19% from 3Q 2023).
Net income: CN¥29.1m (up 248% from 3Q 2023).
Profit margin: 21% (up from 7.2% in 3Q 2023). The increase in margin was driven by higher revenue.
EPS: CN¥0.14 (up from CN¥0.047 in 3Q 2023).

SZSE:301206 Earnings and Revenue Growth October 31st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Shandong Sanyuan BiotechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Food industry in China.

Performance of the Chinese Food industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Shandong Sanyuan BiotechnologyLtd you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.