Jilin Aodong Pharmaceutical Group First Quarter 2024 Earnings: EPS: CN¥0.13 (vs CN¥0.43 in 1Q 2023)

Jilin Aodong Pharmaceutical Group (SZSE:000623) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥861.3m (up 9.4% from 1Q 2023).
• Net income: CN¥143.7m (down 70% from 1Q 2023).
• Profit margin: 17% (down from 62% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.13 (down from CN¥0.43 in 1Q 2023).

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

Jilin Aodong Pharmaceutical Group Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Pharmaceuticals industry in China.

Performance of the Chinese Pharmaceuticals industry.

The company's shares are down 1.3% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Jilin Aodong Pharmaceutical Group, and understanding them should be part of your investment process.

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