Shanghai General Healthy Information and Technology Third Quarter 2024 Earnings: EPS: CN¥0.019 (vs CN¥0.13 in 3Q 2023)

Shanghai General Healthy Information and Technology (SHSE:605186) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥49.7m (down 23% from 3Q 2023).
• Net income: CN¥2.51m (down 86% from 3Q 2023).
• Profit margin: 5.0% (down from 28% in 3Q 2023).
• EPS: CN¥0.019 (down from CN¥0.13 in 3Q 2023).

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

Shanghai General Healthy Information and Technology Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Medical Equipment industry in China.

Performance of the Chinese Medical Equipment industry.

The company's shares are up 7.5% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Shanghai General Healthy Information and Technology that you need to be mindful of.

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