- China
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- Medical Equipment
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- SHSE:688289
Sansure Biotech Full Year 2024 Earnings: EPS: CN¥0.44 (vs CN¥0.62 in FY 2023)
Sansure Biotech (SHSE:688289) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥1.50b (up 49% from FY 2023).
- Net income: CN¥259.0m (down 29% from FY 2023).
- Profit margin: 17% (down from 36% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.44 (down from CN¥0.62 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sansure Biotech Earnings Insights
Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Medical Equipment industry in China.
Performance of the Chinese Medical Equipment industry.
The company's shares are down 4.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Sansure Biotech has 2 warning signs (and 1 which shouldn't be ignored) we think 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.
About SHSE:688289
Sansure Biotech
Engages in the research and development, production, and sale of in vitro diagnostic reagents and instruments in China.
High growth potential with excellent balance sheet.