Earnings Alerts

Beijing Wantai Biological Phar (603392) Earnings: Preliminary 1H Net Income Between 240M-290M Yuan






Wantai Bio Prelim Earnings Report

  • Preliminary net income estimated between 240 million yuan and 290 million yuan for 1H 2024.
  • Company faced fierce competition in vaccine products during the first half of the year.
  • Current analyst recommendations: 7 buys, 0 holds, and 1 sell.



Beijing Wantai Biological Phar on Smartkarma

Analysts on Smartkarma are closely watching Beijing Wantai Biological Phar (603392 CH) as the company faces challenges in the competitive China HPV vaccine market. In a report by analyst Tina Banerjee, it is highlighted that Beijing Wantai expects a substantial decline in net profit for 2023, citing intense competition as a key factor. The company, which lacks a presence in the higher valent HPV vaccine segment dominating the domestic market, is set to face even more competition with the imminent entry of additional players into the market. Despite being an early mover in domestically developed nonavalent HPV vaccines, Beijing Wantai’s position is expected to become increasingly competitive as more players enter the space.

With the market sentiment leaning bearish, investors are cautious about Beijing Wantai Biological Phar‘s future performance in the challenging China HPV vaccine market. Analyst insights on Smartkarma, such as Tina Banerjee‘s report, shed light on the struggles the company faces and the intensified competition on the horizon. As competition in the market continues to grow, Beijing Wantai will need to navigate these challenges strategically to maintain its position and drive future growth in a crowded and dynamic landscape.


A look at Beijing Wantai Biological Phar Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.2

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

Based on the Smartkarma Smart Scores, Beijing Wantai Biological Phar shows a promising long-term outlook. With a Resilience score of 5, the company demonstrates strong stability and ability to weather market fluctuations. This is complemented by a Momentum score of 4, indicating positive market momentum and potential for future growth. Additionally, Beijing Wantai Biological Phar received a Growth score of 3, suggesting opportunities for expansion and development within the industry.

Although the Value and Dividend scores are more moderate at 2, Beijing Wantai Biological Phar‘s overall Smart Scores paint a picture of a company with solid growth prospects and a resilient foundation. As a manufacturer of medical products, including diagnostic reagents, vaccines, and biochemical reagents, the company plays a crucial role in the healthcare industry, positioning itself for potential long-term success.


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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