Zhejiang Yonghe Refrigerant Third Quarter 2024 Earnings: EPS: CN¥0.09 (vs CN¥0.14 in 3Q 2023)

Zhejiang Yonghe Refrigerant (SHSE:605020) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.20b (up 4.7% from 3Q 2023).
• Net income: CN¥33.8m (down 35% from 3Q 2023).
• Profit margin: 2.8% (down from 4.5% in 3Q 2023).
• EPS: CN¥0.09 (down from CN¥0.14 in 3Q 2023).

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

Zhejiang Yonghe Refrigerant Earnings Insights

Looking ahead, revenue is forecast to grow 12% 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 shares are down 4.7% from a week ago.

Risk Analysis

Be aware that Zhejiang Yonghe Refrigerant is showing 4 warning signs in our investment analysis and 1 of those is a bit concerning...

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