Rising Nonferrous Metals ShareLtd Third Quarter 2024 Earnings: EPS: CN¥0.077 (vs CN¥0.19 in 3Q 2023)

Rising Nonferrous Metals ShareLtd (SHSE:600259) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥3.61b (down 18% from 3Q 2023).
• Net income: CN¥26.1m (down 60% from 3Q 2023).
• Profit margin: 0.7% (down from 1.5% in 3Q 2023).
• EPS: CN¥0.077 (down from CN¥0.19 in 3Q 2023).

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

Rising Nonferrous Metals ShareLtd Earnings Insights

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's shares are up 4.6% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Rising Nonferrous Metals ShareLtd's balance sheet and an in-depth analysis of the company's financial position.

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