Stock Analysis

Weihai Baihe Biology Technological Second Quarter 2024 Earnings: EPS: CN¥0.76 (vs CN¥0.82 in 2Q 2023)

SHSE:603102
Source: Shutterstock

Weihai Baihe Biology Technological (SHSE:603102) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥223.2m (up 3.4% from 2Q 2023).
  • Net income: CN¥48.1m (down 8.7% from 2Q 2023).
  • Profit margin: 22% (down from 24% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.76 (down from CN¥0.82 in 2Q 2023).
earnings-and-revenue-history
SHSE:603102 Earnings and Revenue History August 10th 2024

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

Weihai Baihe Biology Technological shares are up 2.7% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Weihai Baihe Biology Technological that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if Weihai Baihe Biology Technological might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.