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- NYSE:WDH
Waterdrop Second Quarter 2024 Earnings: EPS: CN¥0.24 (vs CN¥0.057 in 2Q 2023)
Waterdrop (NYSE:WDH) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥676.2m (flat on 2Q 2023).
- Net income: CN¥88.3m (up 307% from 2Q 2023).
- Profit margin: 13% (up from 3.2% in 2Q 2023).
- EPS: CN¥0.24 (up from CN¥0.057 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Waterdrop Earnings Insights
Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Insurance industry in the US.
Performance of the American Insurance industry.
The company's shares are up 5.7% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Waterdrop's balance sheet.
Valuation is complex, but we're here to simplify it.
Discover if Waterdrop might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About NYSE:WDH
Waterdrop
Through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People’s Republic of China.
Flawless balance sheet and good value.