Beijing Tong Ren Tang Chinese Medicine First Half 2024 Earnings: EPS: HK$0.26 (vs HK$0.32 in 1H 2023)

Beijing Tong Ren Tang Chinese Medicine (HKG:3613) First Half 2024 Results

Key Financial Results

• Revenue: HK$664.5m (down 18% from 1H 2023).
• Net income: HK$219.8m (down 17% from 1H 2023).
• Profit margin: 33% (in line with 1H 2023).
• EPS: HK$0.26 (down from HK$0.32 in 1H 2023).

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

Beijing Tong Ren Tang Chinese Medicine Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Pharmaceuticals industry in Hong Kong.

Performance of the Hong Kong Pharmaceuticals industry.

The company's shares are down 14% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Beijing Tong Ren Tang Chinese Medicine (at least 1 which is concerning), and understanding them should be part of your investment process.

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