Earnings Alerts

1Q Earnings Report: Aier Eye Hospital Group (300015) Showcases Net Income Jump to 899.5M Yuan, a 15% YoY Increase

  • Aier Eye reports a net income of 899.5 million yuan in the first quarter, an increase of 15% compared to the same period last year.
  • Revenue increased by 3.6% year-on-year, totalling 5.2 billion yuan.
  • The company’s earnings per share (EPS) climbed to 9.720 RMB cents from 8.430 RMB cents year-on-year.
  • For the full year of 2023, Aier Eye witnessed a revenue of 20.37 billion yuan, marking a 26% increase from the year before, slightly below the estimated 20.68 billion yuan.
  • The gross margin for 2023 was at 50.8%, a bit higher than the estimated 50.5%.
  • In terms of recommendations, Aier Eye has received 34 buys and 1 hold. There were zero sells.
  • All the data comparisons are based on the company’s originally reported values.

Aier Eye Hospital Group on Smartkarma

Analyst coverage on Smartkarma focuses on Aier Eye Hospital Group, with insights provided by Xinyao (Criss) Wang. In a recent report titled “China Healthcare Weekly (Mar.31),” Wang expresses bearish sentiments towards Aier, highlighting concerns about the significance of the company’s Licensing-Out deals of Chinese pharmaceutical assets. Despite potential milestones, the report emphasizes the importance of product strength and subsequent progress for clinical benefits and commercial value. Wang points out that while Aier may show a rebound in its 23Q4 results, underlying problems persist, suggesting that the company may not be undervalued.

In another report by Wang specifically on Aier Eye Hospital (300015.CH) for 23Q3 performance, the analyst remains bearish on the company, indicating potential lower-than-expected growth in 2024. Although Aier experienced a share price rebound post-23Q3 results, concerns are raised about the sustainability of off-balance sheet profits contributing to the company’s performance. Wang notes that while Aier’s growth rate has decreased, a collapse in the short term is unlikely; however, challenges may arise as hidden problems are exposed during the transfer of off-balance sheet profits to on-balance sheet. The report suggests actions such as cancelling repurchased shares to reduce Aier’s registered capital.


A look at Aier Eye Hospital Group Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum2
OVERALL SMART SCORE2.8

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 Smartkarma Smart Scores, Aier Eye Hospital Group has a promising long-term outlook. With a strong focus on growth and resilience, the company stands out in its industry. Its commitment to providing top-notch ophthalmological services sets it apart from its competitors. While the Value and Dividend scores are moderate, the solid Growth and Resilience scores indicate a positive trajectory for the company. Despite a lower Momentum score, the overall outlook for Aier Eye Hospital Group looks optimistic, especially considering its strategic positioning in the ophthalmological sector.

Aier Eye Hospital Group Co., Ltd specializes in offering ophthalmological services, including diagnosis and treatments. The company’s emphasis on growth and resilience underscores its commitment to long-term success in the industry. With a balanced approach to value and dividends, Aier Eye Hospital Group focuses on innovation and sustainability to drive its future performance. The company’s solid foundation and dedication to providing exceptional services position it well for continued growth and success in the competitive ophthalmological market.


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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