Joinn Laboratories' earnings forecast surges tenfold, CRO sector rallies

EarningsCommodity
โดย 红星资本局·Read original
Summary · why it matters

Joinn Laboratories issued an earnings forecast, projecting that its net profit attributable to the parent company for the first half of 2026 will skyrocket by 884.9% to 1,377.4% year-on-year, mainly driven by fair value changes in biological assets due to rising prices of laboratory monkeys. The company expects operating revenue for the same period to be between 669 million and 739 million yuan, an increase of about 0% to 10.5% year-on-year, with fair value changes in biological assets contributing approximately 703 million to 777 million yuan to net profit. Boosted by this news, the CRO sector surged across the board today. Joinn Laboratories' A-shares hit the daily limit up, ChemPartner achieved a 20% daily limit up, and companies like Sunstone Development and Wanbang Pharmaceutical rose over 10%. In addition, Pharmaron also forecasted that its first-half net profit attributable to the parent company would grow by 4% to 10% year-on-year, with new orders increasing by over 30% year-on-year. Currently, there is a shortage of cynomolgus monkeys, and their price has exceeded 200,000 yuan.

Impact on stocks 6

Others · 6 stocks
Joinn Laboratories(China)Co
603127
▲ PositivePricingrelevance

Earnings forecast surge due to fair value gains from rising lab monkey prices, which is a pricing/margin driver.

Pharmaron Beijing Co Ltd
300759
▲ PositiveDemandrelevance

Pharmaron forecasted 4-10% net profit growth and new orders up over 30% year-on-year, indicating strong demand.

Theme Impact 2

Off-coverage companies 1

Anhui Wanbang Pharmaceutical Technology Co LtdPrivate± Mixed
relevance

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