Science Environmental Protection Third Quarter 2024 Earnings: EPS: CN¥0.30 (vs CN¥0.19 in 3Q 2023)

Science Environmental Protection (SHSE:688480) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥228.8m (up 74% from 3Q 2023).
• Net income: CN¥27.9m (up 56% from 3Q 2023).
• Profit margin: 12% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.30 (up from CN¥0.19 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Science Environmental Protection Earnings Insights

Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Commercial Services industry in China.

Performance of the Chinese Commercial Services industry.

The company's shares are up 2.8% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Science Environmental Protection (at least 1 which is potentially serious), and understanding these should be part of your investment process.

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