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Chongqing Baiya Sanitary Products Co., Ltd.'s (SZSE:003006) Business Is Trailing The Market But Its Shares Aren't
Solid Earnings May Not Tell The Whole Story For Chongqing Baiya Sanitary Products (SZSE:003006)
Chongqing Baiya Sanitary Products Co., Ltd.'s (SZSE:003006) Intrinsic Value Is Potentially 39% Above Its Share Price
Chongqing Baiya Sanitary Products(003006.SZ): With the advancement of singles' day sales promotion rhythm, the company expects that the overall sales target will achieve faster growth compared to last year.
Chongqing Baiya Sanitary Products (003006.SZ) stated at an investor relations event on October 21 that the competition among major brands online is intense, not only limited to Douyin and Tmall platforms, and the competitive landscape has changed somewhat for the company. Looking at the progress of this year's Singles' Day sales season, the overall presale situation of the company has made significant progress compared to last year, ranking fourth in the personal care sector. As the Singles' Day promotion pace advances, the company expects to achieve rapid growth in overall sales targets compared to last year.
Baiya Co., Ltd.: Report for the third quarter of 2024
Chongqing Baiya Sanitary Products (003006.SZ): Net income in the third quarter was 58.8141 million yuan, a year-on-year increase of 16.10%.
On October 18, Gelonghui announced the third quarter report for the year 2024, with revenue of 0.793 billion yuan, a year-on-year increase of 50.64%; net income attributable to shareholders of the listed company was 58.8141 million yuan, a year-on-year increase of 16.10%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 54.1142 million yuan, a year-on-year increase of 13.91%; the basic earnings per share were 0.14 yuan.