Xiangyu MedicalLtd Third Quarter 2024 Earnings: EPS: CN¥0.11 (vs CN¥0.46 in 3Q 2023)

Xiangyu MedicalLtd (SHSE:688626) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥168.8m (down 19% from 3Q 2023).
• Net income: CN¥16.8m (down 77% from 3Q 2023).
• Profit margin: 9.9% (down from 35% in 3Q 2023).
• EPS: CN¥0.11 (down from CN¥0.46 in 3Q 2023).

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

Xiangyu MedicalLtd Earnings Insights

Looking ahead, revenue is forecast to grow 25% 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 share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Xiangyu MedicalLtd (1 is a bit concerning!) that you should be aware of before investing here.

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