Stock Analysis
Qingdao Vland Biotech Third Quarter 2024 Earnings: EPS: CN¥0.042 (vs CN¥0.10 in 3Q 2023)
Qingdao Vland Biotech (SHSE:603739) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥336.4m (flat on 3Q 2023).
- Net income: CN¥11.5m (down 52% from 3Q 2023).
- Profit margin: 3.4% (down from 7.1% in 3Q 2023).
- EPS: CN¥0.042 (down from CN¥0.10 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Qingdao Vland Biotech Earnings Insights
Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Biotechs industry in China.
Performance of the Chinese Biotechs industry.
The company's shares are up 7.2% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Qingdao Vland Biotech that you should be aware of.
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About SHSE:603739
Qingdao Vland Biotech
Engages in the research and development, production, and sale of enzyme preparations, microecological preparations, and animal health products in China and internationally.