BIMI International Medical Inc. Announces Third Quarter 2023 Financial Results
BIMIDelisted Stock | USD 0.02 0.00 0.00% |
Under 56% of Bimi International's investor base is looking to short. The analysis of overall sentiment of trading Bimi International Medical otc stock suggests that many investors are alarmed at this time. Bimi International's investing sentiment shows overall attitude of investors towards Bimi International Medical.
Bimi |
NEW YORK, Dec. 19, 2023 -- BIMI International Medical Inc. , a leading medical solutions provider, today announced its financial results for the three months and nine months ended September 30, 2023. Revenues for the three months ended September 30, 2023 and 2022 were 2,523,193 and 4,932,479, respectively. Revenues for the nine months ended September 30, 2023 and 2022 were 11,278,496 and 10,476,224, respectively. The revenues of the Zhongshan, Qiangsheng, Eura
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Bimi International Fundamental Analysis
We analyze Bimi International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bimi International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bimi International based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Gross Profit
Gross Profit Comparative Analysis
Bimi International is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Bimi International Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Bimi International otc stock to make a market-neutral strategy. Peer analysis of Bimi International could also be used in its relative valuation, which is a method of valuing Bimi International by comparing valuation metrics with similar companies.
Peers
Bimi International Related Equities
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Other Consideration for investing in Bimi OTC Stock
If you are still planning to invest in Bimi International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bimi International's history and understand the potential risks before investing.
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