Sichuan Furong Technology Third Quarter 2024 Earnings: EPS: CN¥0.051 (vs CN¥0.11 in 3Q 2023)

Sichuan Furong Technology (SHSE:603327) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥690.0m (up 25% from 3Q 2023).
• Net income: CN¥37.8m (down 55% from 3Q 2023).
• Profit margin: 5.5% (down from 15% in 3Q 2023).
• EPS: CN¥0.051 (down from CN¥0.11 in 3Q 2023).

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

Sichuan Furong Technology Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's shares are up 12% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Sichuan Furong Technology (1 is significant) you should be aware of.

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