Stock Analysis
- China
- /
- Medical Equipment
- /
- SHSE:688271
Shanghai United Imaging Healthcare First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Shanghai United Imaging Healthcare (SHSE:688271) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥2.35b (up 6.2% from 1Q 2023).
- Net income: CN¥363.3m (up 10% from 1Q 2023).
- Profit margin: 16% (in line with 1Q 2023).
- EPS: CN¥0.44 (up from CN¥0.40 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shanghai United Imaging Healthcare Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 15%.
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Medical Equipment industry in China.
Performance of the Chinese Medical Equipment industry.
The company's shares are up 6.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Shanghai United Imaging Healthcare you should be aware of.
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About SHSE:688271
Shanghai United Imaging Healthcare
Shanghai United Imaging Healthcare Co., Ltd.
Excellent balance sheet with reasonable growth potential.