Beijing Strong BiotechnologiesInc Full Year 2024 Earnings: Misses Expectations
Beijing Strong BiotechnologiesInc (SZSE:300406) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥1.66b (down 4.7% from FY 2023).
- Net income: CN¥532.6m (up 1.7% from FY 2023).
- Profit margin: 32% (up from 30% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: CN¥0.92 (up from CN¥0.90 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Beijing Strong BiotechnologiesInc Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 14%.
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Biotechs industry in China.
Performance of the Chinese Biotechs industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Beijing Strong BiotechnologiesInc you should be aware of.
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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.
About SZSE:300406
Beijing Strong BiotechnologiesInc
Provides in-vitro diagnostics products and services in the People’s Republic of China and internationally.
Undervalued with high growth potential and pays a dividend.
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