Earnings Alerts

Jiangsu Hengrui Medicine (600276) Earnings: 1Q Revenue Surpasses Estimates with Strong EPS Performance

  • Jiangsu Hengrui reported first-quarter revenue of 7.21 billion yuan, surpassing the estimated 6.84 billion yuan.
  • The company achieved a net income of 1.87 billion yuan during the same period.
  • Research and development expenses were recorded at 1.53 billion yuan.
  • Earnings per share (EPS) for this quarter were 30 RMB cents.
  • Analyst recommendations for Jiangsu Hengrui include 28 buy ratings, 5 hold ratings, and 1 sell rating.

Jiangsu Hengrui Medicine on Smartkarma

Analyst coverage of Jiangsu Hengrui Medicine on Smartkarma is providing valuable insights for investors. Sumeet Singh, in his report “Jiangsu Hengrui Pharma A/H Listing – Recent Updates and Thoughts on A/H Premium,” discusses the company’s H-share listing aiming to raise around US$2bn and potential A/H premiums. Tina Banerjee highlights Hengrui’s exclusive deal with Merck for HRS-5346, a new cardiovascular drug, showing the company’s growth potential with strong revenue and profit performance. Ke Yan, CFA, FRM, compares Hengrui’s listing with Hansoh Pharma, suggesting a premium for Hengrui over Hansoh due to their market positions. On the other hand, Xinyao (Criss) Wang‘s report “Pre-IPO Jiangsu Hengrui Medicine – High Valuation Cannot Be Justified” raises concerns about Hengrui’s valuation and challenges in sustaining growth post-IPO compared to peers.

Overall, the analyst coverage on Smartkarma provides a comprehensive view of Jiangsu Hengrui Medicine‘s prospects, highlighting its listing plans, strategic partnerships, market comparisons, and valuation considerations. Investors can benefit from these diverse perspectives to make informed decisions regarding their investment in the pharmaceutical company.


A look at Jiangsu Hengrui Medicine Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE3.4

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

When looking at the Smartkarma Smart Scores for Jiangsu Hengrui Medicine, the company’s long-term outlook appears promising. With a solid Growth score of 4, it indicates that the company is positioned well for future expansion and development. This is complemented by a strong Resilience score of 5, suggesting that Jiangsu Hengrui Medicine has the ability to weather economic uncertainties and market fluctuations.

Additionally, the Momentum score of 4 indicates positive market momentum for the company. Although the Value and Dividend scores are lower at 2, they still show moderate performance in terms of value and dividend payouts. Overall, Jiangsu Hengrui Medicine‘s profile highlights a company with good growth potential, resilience, and positive market momentum 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars