Stock Analysis
- China
- /
- Life Sciences
- /
- SHSE:688238
Obio Technology (Shanghai) Third Quarter 2024 Earnings: CN¥0.12 loss per share (vs CN¥0.041 loss in 3Q 2023)
Obio Technology (Shanghai) (SHSE:688238) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥70.8m (up 33% from 3Q 2023).
- Net loss: CN¥76.4m (loss widened by 191% from 3Q 2023).
- CN¥0.12 loss per share (further deteriorated from CN¥0.041 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Obio Technology (Shanghai) Earnings Insights
Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Life Sciences industry in China.
Performance of the Chinese Life Sciences industry.
The company's shares are up 10% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Obio Technology (Shanghai) you should know about.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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:688238
Obio Technology (Shanghai)
A biotechnology company, focuses on the development of gene therapy vectors in China.