Shandong Bohui Paper IndustryLtd Third Quarter 2024 Earnings: EPS: CN¥0.015 (vs CN¥0.20 in 3Q 2023)

Shandong Bohui Paper IndustryLtd (SHSE:600966) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥4.71b (down 6.3% from 3Q 2023).
• Net income: CN¥18.1m (down 93% from 3Q 2023).
• Profit margin: 0.4% (down from 5.0% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.015 (down from CN¥0.20 in 3Q 2023).

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

Shandong Bohui Paper IndustryLtd Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China.

Performance of the Chinese Forestry industry.

The company's shares are up 1.3% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Shandong Bohui Paper IndustryLtd (at least 1 which is significant), and understanding them should be part of your investment process.

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