MeHow Innovative Third Quarter 2024 Earnings: EPS: CN¥0.22 (vs CN¥0.15 in 3Q 2023)

MeHow Innovative (SZSE:301363) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥450.1m (up 56% from 3Q 2023).
• Net income: CN¥88.7m (up 50% from 3Q 2023).
• Profit margin: 20% (in line with 3Q 2023).
• EPS: CN¥0.22 (up from CN¥0.15 in 3Q 2023).

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

MeHow Innovative 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 shares are up 3.6% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for MeHow Innovative you should be aware of.

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