Shanxi Coking Third Quarter 2024 Earnings: EPS: CN¥0.027 (vs CN¥0.14 in 3Q 2023)

Shanxi Coking (SHSE:600740) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.51b (down 27% from 3Q 2023).
• Net income: CN¥68.7m (down 81% from 3Q 2023).
• Profit margin: 4.6% (down from 18% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.027 (down from CN¥0.14 in 3Q 2023).

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

Shanxi Coking Earnings Insights

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's shares are up 2.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Shanxi Coking (1 makes us a bit uncomfortable!) that we have uncovered.

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