Earnings Alerts

Sino Biopharmaceutical (1177) Earnings: 1H Net Income Hits 3.02B Yuan, Revenue at 15.87B Yuan

  • Net Income: Sino Biopharm reported a net income of 3.02 billion yuan for the first half of 2024.
  • Revenue: The company’s revenue for the same period was 15.87 billion yuan.
  • Interim Dividend: An interim dividend of 3 Hong Kong cents per share has been declared.
  • Analyst Ratings: The company has received 30 buy ratings, 2 hold ratings, and no sell ratings.

Sino Biopharmaceutical on Smartkarma



Analysts on Smartkarma, such as Xinyao (Criss) Wang, provide insightful coverage on companies like Sino Biopharmaceutical. In a recent report titled “China Healthcare Weekly (Apr.6) – Boom of TCM Injections Is Coming, Defects in GLP-1s, Sino Biopharm,” Wang highlighted key points affecting Sino Biopharm. The report mentions that the relaxation of payment policies is expected to drive rapid sales growth of Traditional Chinese Medicine (TCM) injections. However, concerns were raised about the flaws in GLP-1s, where patients may experience muscle loss along with fat loss. Despite opportunities in the market, Sino Biopharm is facing challenges with corporate governance, impacting its valuation and market perception.

This analysis sheds light on the upcoming changes in the medical industry, especially regarding Sino Biopharmaceutical‘s growth expectations. As outlined by Wang, the lifting of payment restrictions on TCM injections in the 2023 medical insurance catalog presents a significant growth opportunity for Sino Biopharm in the hospital market. Looking ahead to 2024, Sino Biopharm is forecasted to achieve modest revenue growth. However, concerns about corporate governance deficiencies have led to market hesitancy in providing the company with a higher valuation. This comprehensive report on Sino Biopharmaceutical by Wang underscores the importance of considering various factors influencing the company’s performance and market positioning.



A look at Sino Biopharmaceutical Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE2.6

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

Based on the Smartkarma Smart Scores, Sino Biopharmaceutical is assessed to have a moderate to positive long-term outlook. With a growth score of 3, the company is poised for expansion and development in the future. Additionally, having resilience and momentum scores of 3 each indicates that Sino Biopharmaceutical is well-positioned to withstand market challenges and has a steady pace of growth. While the company’s value and dividend scores are rated at 2, they suggest there is room for improvement in terms of undervaluation and dividend payouts.

Sino Biopharmaceutical Limited focuses on researching, developing, and selling biopharmaceutical products primarily for treating ophthalmia and hepatitis. Despite the mixed scores on different factors, the company’s overall outlook seems promising with a strong emphasis on growth potential, resilience in the face of adversities, and a positive momentum for future advancements in the pharmaceutical industry.


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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