Jinneng Science&TechnologyLtd Reports Third Quarter 2024 Earnings

Jinneng Science&TechnologyLtd (SHSE:603113) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥5.26b (up 42% from 3Q 2023).
• Net income: CN¥10.6m (down 84% from 3Q 2023).
• Profit margin: 0.2% (down from 1.8% in 3Q 2023).
• EPS: CN¥0.015.

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

Jinneng Science&TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's shares are up 5.4% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Jinneng Science&TechnologyLtd you should know about.

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