Cathay Biotech Third Quarter 2024 Earnings: EPS: CN¥0.17 (vs CN¥0.13 in 3Q 2023)
Cathay Biotech (SHSE:688065) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥770.8m (up 44% from 3Q 2023).
- Net income: CN¥97.7m (up 36% from 3Q 2023).
- Profit margin: 13% (in line with 3Q 2023).
- EPS: CN¥0.17 (up from CN¥0.13 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cathay Biotech shares are up 2.4% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Cathay Biotech (at least 1 which is concerning), and understanding them should be part of your investment process.
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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:688065
Cathay Biotech
A bio-manufacturing technology company, researches, develops, produces, and sells bio-based materials in China and internationally.
Excellent balance sheet with questionable track record.
