Stock Analysis
China Shineway Pharmaceutical Group Full Year 2022 Earnings: Beats Expectations
China Shineway Pharmaceutical Group (HKG:2877) Full Year 2022 Results
Key Financial Results
- Revenue: CN¥3.95b (up 23% from FY 2021).
- Net income: CN¥722.8m (up 30% from FY 2021).
- Profit margin: 18% (up from 17% in FY 2021). The increase in margin was driven by higher revenue.
- EPS: CN¥0.96 (up from CN¥0.74 in FY 2021).
2877 Products In Clinical Trials
- Phase III: 3.
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Shineway Pharmaceutical Group Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%.
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Pharmaceuticals industry in Hong Kong.
Performance of the Hong Kong Pharmaceuticals industry.
The company's shares are up 2.4% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with China Shineway Pharmaceutical Group.
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About SEHK:2877
China Shineway Pharmaceutical Group
China Shineway Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and trade of Chinese medicines in the People’s Republic of China and Hong Kong.
Undervalued with solid track record and pays a dividend.