YI Earnings Prediction
The chart below shows how YI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, YI sees a +1.11% change in stock price 10 days leading up to the earnings, and a -12.52% change 10 days following the report. On the earnings day itself, the stock moves by +3.34%. This data can give you a slight idea of what to expect for the next quarter's release.
YI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
No Data Available
YI Earnings Analysis
111, Inc. American Depositary Shares Corporation (YI.O) Earnings Conference Call
Positive
Flat Revenue Performance: Total net revenues were RMB 3.6 billion remaining relatively flat compared to the same quarter of last year.
Quarterly Gross Segment Profit Growth: Gross segment profit for the quarter grew 10.5% to RMB 210.6 million.
Operating Expenses Decrease: Total operating expenses for the quarter decreased 23.2% to RMB 28.2 million.
Operating Expenses Reduction: As a percentage of net revenues, total operating expenses for the quarter were down to 5.8% from 7.4%, as we continue to enhance our operating leverage and optimize our operational efficiency.
Operating Income Improvement: Income from operations in Q3 was RMB 2.4 million compared to an operating loss of RMB 80.4 million in the same quarter last year.
Negative
Macroeconomic Impact on Industry: China's challenging macroeconomic environment continues to have an impact on our entire industry, including both the upstream and downstream sectors.
Retail Sales Slowdown: Sales growth in retail goods has slowed in China, indicating weak consumer sentiment.
Health Care Expenditure Decline: Per capita health care expenditures growth rate declined 11.5 percentage points from a year earlier for the first nine months.
Pharmacy Reform Challenges: Our downstream pharmacies are facing ongoing health care reforms, including adjustments to individual medical accounts and the gradual implementation of coordinated outpatient benefits alongside increased regulatory oversight.
Gross Margin Improvement: Despite overall revenue remaining relatively flat compared to the same quarter of last year, we saw improvement for gross margin.
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YI Earning Call Sentiment
111, Inc. (YI) Q3 2024 Earnings Call Transcript
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YI.O
0.23%Positive
The earnings call reflects a mixed sentiment. While there are positive aspects like operational profitability, improved gross profit margins, and positive cash flow, there are significant challenges such as macroeconomic pressures, regulatory issues, and flat revenue growth. The Q&A section indicates optimism but lacks clarity in some responses. The strategic partnership and investment in technology are positives, but the economic uncertainties and outstanding liabilities pose risks. Overall, the sentiment is neutral with a potential slight positive tilt due to operational improvements and strategic initiatives.
