Earnings Alerts

Asymchem Laboratories Tianjin (002821) Earnings Report: FY Net Income Misses Estimates by 31%

  • Asymchem’s net income for the fiscal year was 2.27 billion yuan, a decrease of 31% from the previous year.
  • The estimated net income was higher, at 2.51 billion yuan.
  • Revenue also decreased, coming in at 7.83 billion yuan, which is a 24% decrease year over year.
  • The estimated revenue was also higher, at 8.49 billion yuan.
  • A final dividend per share of 1.80 yuan has been declared.
  • In terms of ratings, Asymchem has 22 buys, 0 holds, and 2 sells.
  • These comparisons are based on values reported by the company’s original disclosures.

Asymchem Laboratories Tianjin on Smartkarma

Asymchem Laboratories Tianjin, a Chinese pharmaceutical company, has caught the attention of top independent analysts on Smartkarma. Xinyao (Criss) Wang, one of the providers on the platform, has published a bullish research report on Asymchem, highlighting the potential for a rise in the company’s share price. According to Wang, Asymchem has a unique opportunity in the current market, as the demand for GLP-1 drugs continues to grow. The company’s focus on CDMO business, which has a higher profit margin and is less affected by the overseas financing environment, makes it a preferred choice over other companies in the industry.

Wang also believes that Asymchem has the potential to benefit from the expansion of GLP-1 drugs, regardless of how the indications expand. The total market size for GLP-1s is expected to exceed the sum of semaglutide and the majority of chronic disease drugs, making it a lucrative opportunity for the company. However, in order to see a significant rise in its stock price, Asymchem needs to secure a large order related to GLP-1 drugs. This would act as a major catalyst for the company’s CDMO business and could replicate the boost in stock price that was seen when the company received a COVID-19 order in November 2021.


A look at Asymchem Laboratories Tianjin Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience5
Momentum2
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Asymchem Laboratories Tianjin, a pharmaceutical company, has a positive long-term outlook according to the Smartkarma Smart Scores. With a score of 3 for Value, the company is deemed to have a solid financial standing and is expected to provide good returns for investors. It also received a score of 4 for Dividend, indicating a potential for regular dividend payouts to shareholders.

The company’s Growth score of 4 reflects its potential for expansion and development in the future, while its Resilience score of 5 highlights its ability to withstand economic challenges and maintain its operations. However, Asymchem Laboratories Tianjin received a lower score of 2 for Momentum, suggesting that it may not be performing as well in the short-term.

Overall, Asymchem Laboratories Tianjin has a promising outlook with its strong financial position, potential for growth, and ability to weather economic challenges. As a global company, it is well-positioned to serve customers worldwide with its products and services.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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