Stock Analysis

Ningxia Baofeng Energy Group Full Year 2024 Earnings: Misses Expectations

SHSE:600989
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Ningxia Baofeng Energy Group (SHSE:600989) Full Year 2024 Results

Key Financial Results

  • Revenue: CN¥33.0b (up 13% from FY 2023).
  • Net income: CN¥6.34b (up 12% from FY 2023).
  • Profit margin: 19% (in line with FY 2023).
  • EPS: CN¥0.87 (up from CN¥0.77 in FY 2023).
earnings-and-revenue-growth
SHSE:600989 Earnings and Revenue Growth March 12th 2025

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

Ningxia Baofeng Energy Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 4.3%.

Looking ahead, revenue is forecast to grow 20% 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 share price is broadly unchanged from a week ago.

Valuation

Ningxia Baofeng Energy Group's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Discover what analysts are forecasting and how the current share price shapes up by clicking here.

Valuation is complex, but we're here to simplify it.

Discover if Ningxia Baofeng Energy Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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About SHSE:600989

Ningxia Baofeng Energy Group

Produces, processes, and sells coal mining, washing, coking, coal tar, crude benzene, C4 deep-processed, methanol, and olefin products.

Good value with reasonable growth potential.

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