Stock Analysis
New East New Materials (SHSE:603110) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥393.6m (down 2.6% from FY 2022).
- Net income: CN¥52.0m (up 164% from FY 2022).
- Profit margin: 13% (up from 4.9% in FY 2022).
- EPS: CN¥0.26 (up from CN¥0.10 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
New East New Materials shares are down 8.9% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for New East New Materials you should know about.
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About SHSE:603110
New East New Materials
New East New Materials Co., Ltd manufactures and sells raw materials for the flexible packaging industry in China.
Flawless balance sheet with acceptable track record.