GemPharmatech Third Quarter 2024 Earnings: EPS: CN¥0.052 (vs CN¥0.10 in 3Q 2023)

GemPharmatech (SHSE:688046) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥169.3m (up 6.7% from 3Q 2023).
• Net income: CN¥21.9m (down 46% from 3Q 2023).
• Profit margin: 13% (down from 25% in 3Q 2023).
• EPS: CN¥0.052 (down from CN¥0.10 in 3Q 2023).

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

GemPharmatech Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Life Sciences industry in China.

Performance of the Chinese Life Sciences industry.

The company's shares are down 8.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for GemPharmatech (1 doesn't sit too well with us!) that you should be aware of.

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