Stock Analysis

Zhejiang Unifull Industrial Fibre Third Quarter 2024 Earnings: EPS: CN¥0.005 (vs CN¥0.009 loss in 3Q 2023)

SZSE:002427
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Zhejiang Unifull Industrial Fibre (SZSE:002427) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥589.6m (down 8.5% from 3Q 2023).
  • Net income: CN¥4.44m (up from CN¥9.10m loss in 3Q 2023).
  • Profit margin: 0.8% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses.
  • EPS: CN¥0.005 (up from CN¥0.009 loss in 3Q 2023).
earnings-and-revenue-history
SZSE:002427 Earnings and Revenue History November 1st 2024

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

Zhejiang Unifull Industrial Fibre shares are up 22% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Zhejiang Unifull Industrial Fibre's balance sheet and an in-depth analysis of the company's financial position.

Valuation is complex, but we're here to simplify it.

Discover if Zhejiang Unifull Industrial Fibre might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.