HitGen Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St

March 03, 2025

HitGen (SHSE:688222) Full Year 2024 Results

Key Financial Results

Revenue: CN¥427.0m (up 15% from FY 2023).
Net income: CN¥50.9m (up 25% from FY 2023).
Profit margin: 12% (in line with FY 2023).
EPS: CN¥0.13 (up from CN¥0.10 in FY 2023).

earnings-and-revenue-growth — SHSE:688222 Earnings and Revenue Growth March 3rd 2025

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

HitGen EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 6.1%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Life Sciences industry in China.

Performance of the Chinese Life Sciences industry.

The company's shares are down 6.7% from a week ago.

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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.