Stock Analysis
- China
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- Metals and Mining
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- SHSE:600988
Chifeng Jilong Gold MiningLtd First Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.05 in 1Q 2023)
Chifeng Jilong Gold MiningLtd (SHSE:600988) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.85b (up 17% from 1Q 2023).
- Net income: CN¥200.5m (up 166% from 1Q 2023).
- Profit margin: 11% (up from 4.7% in 1Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.12 (up from CN¥0.05 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Chifeng Jilong Gold MiningLtd Earnings Insights
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China.
Performance of the Chinese Metals and Mining industry.
The company's shares are down 2.6% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Chifeng Jilong Gold MiningLtd's balance sheet and an in-depth analysis of the company's financial position.
Valuation is complex, but we're helping make it simple.
Find out whether Chifeng Jilong Gold MiningLtd is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SHSE:600988
Chifeng Jilong Gold MiningLtd
Operates as a gold and non-ferrous metal mining company.
Solid track record with excellent balance sheet.