Shandong Gold Mining Full Year 2024 Earnings: EPS Misses Expectations

Shandong Gold Mining (SHSE:600547) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥82.5b (up 39% from FY 2023).
• Net income: CN¥2.95b (up 58% from FY 2023).
• Profit margin: 3.6% (up from 3.1% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.57 (up from CN¥0.42 in FY 2023).

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

Shandong Gold Mining EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's shares are up 1.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Shandong Gold Mining that you should be aware of.

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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.