Zhangzhou Pientzehuang Pharmaceutical Second Quarter 2024 Earnings: EPS: CN¥1.23 (vs CN¥1.27 in 2Q 2023)

Zhangzhou Pientzehuang Pharmaceutical (SHSE:600436) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥2.48b (up 2.6% from 2Q 2023).
• Net income: CN¥745.2m (down 3.4% from 2Q 2023).
• Profit margin: 30% (down from 32% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥1.23 (down from CN¥1.27 in 2Q 2023).

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

Zhangzhou Pientzehuang Pharmaceutical Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Pharmaceuticals industry in China.

Performance of the Chinese Pharmaceuticals industry.

The company's shares are down 7.2% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Zhangzhou Pientzehuang Pharmaceutical's balance sheet.

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