HK/China Healthcare Analyst (ex-Fosun Pharma)

Xinyao (Criss) Wang

Over 15 years' experience in both finance and healthcare, covering clinic operations, investment and equity research in both China and overseas.

Pharmaron Beijing Co Ltd (3759.HK) 2021Q3 - Still Takes Time to Challenge Wuxi AppTec

Hangzhou Tigermed Consulting (3347.HK/300347.CH) - More of an Investment Company than a CRO

Wuxi Biologics (2269.HK) 2021Q3 - The Strength and the Concerns Behind the New Full-Year Guidance

WuXi AppTec (2359.HK) - The Certainties and the Uncertainties

Pre-IPO Ambio Pharmaceuticals - The Particularity of Peptide Drugs, the Strength and the Concerns

Pre-IPO Asymchem Laboratories - The Strength and the Concerns

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Equity Bottom-Up

Asymchem Laboratories Tianjin / Equity Bottom-Up

Asymchem Laboratories Tianjin (002821 CH)

<p>On August 15, 2021, <a href="https://www.smartkarma.com/entities/asymchem-laboratories-tianjin-co-ltd" target="_blank" data-smartkarma-citation="entities:28265:1" rel="noopener">Asymchem Laboratories (002821 CH)</a> released its 2021/1H financial results. In the first half of 2021, the revenue of Asymchem was RMB1.76 billion, up 39.04% YoY. Net profit attributed to shareholders was RMB429 million, up 36.03% YoY. Net profit after deducting non-recurring gains and losses was RMB353 million, up 27.29% YoY. Obviously, the market is not satisfied with the performance. On August 16, Asymchem share price decreased by 10%. Meanwhile, the star institution Hillhouse Capital significantly reduced its holdings of about 2.2 million shares, which could lead to more concerns from the investors. This article mainly analyzed the performance of Asymchem in 2021/1H, the concerns and the outlook of the Company. </p>

On August 15, 2021, Asymchem Laboratories (002821 CH) released its 2021/1H financial results. In the first half of 2021, the revenue of Asymchem was RMB1.76 billion, up 39.04% YoY. Net profit attributed to shareholders was RMB429 million, up 36.03% YoY. Net profit after deducting non-recurring gains and losses was RMB353 million, up 27.29% YoY. Obviously, the market is not satisfied with the performance. On August 16, Asymchem share price decreased by 10%. Meanwhile, the star institution Hillhouse Capital significantly reduced its holdings of about 2.2 million shares, which could lead to more concerns from the investors. This article mainly analyzed the performance of Asymchem in 2021/1H, the concerns and the outlook of the Company. 

Asymchem Laboratories (002821.CH) 2021H1 Results - Not Good Enough