HMT (Xiamen) New Technical Materials Third Quarter 2024 Earnings: EPS: CN¥0.20 (vs CN¥0.22 in 3Q 2023)

HMT (Xiamen) New Technical Materials (SHSE:603306) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥571.0m (flat on 3Q 2023).
• Net income: CN¥63.8m (down 11% from 3Q 2023).
• Profit margin: 11% (down from 13% in 3Q 2023).
• EPS: CN¥0.20 (down from CN¥0.22 in 3Q 2023).

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

HMT (Xiamen) New Technical Materials Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China.

Performance of the Chinese Luxury industry.

The company's shares are down 4.4% from a week ago.

Risk Analysis

Be aware that HMT (Xiamen) New Technical Materials is showing 2 warning signs in our investment analysis that you should know about...

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