Ningbo ShanshanLtd Third Quarter 2024 Earnings: EPS: CN¥0.003 (vs CN¥0.11 in 3Q 2023)

Ningbo ShanshanLtd (SHSE:600884) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥4.46b (down 15% from 3Q 2023).
• Net income: CN¥5.64m (down 97% from 3Q 2023).
• Profit margin: 0.1% (down from 3.6% in 3Q 2023).
• EPS: CN¥0.003 (down from CN¥0.11 in 3Q 2023).

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

Ningbo ShanshanLtd Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are up 7.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Ningbo ShanshanLtd that you should be aware of.

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