Hangzhou Juheshun New MaterialLTD Third Quarter 2024 Earnings: EPS: CN¥0.26 (vs CN¥0.16 in 3Q 2023)

Hangzhou Juheshun New MaterialLTD (SHSE:605166) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.82b (up 13% from 3Q 2023).
• Net income: CN¥80.8m (up 62% from 3Q 2023).
• Profit margin: 4.5% (up from 3.1% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.26 (up from CN¥0.16 in 3Q 2023).

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

Hangzhou Juheshun New MaterialLTD Earnings Insights

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are up 4.8% from a week ago.

Risk Analysis

Be aware that Hangzhou Juheshun New MaterialLTD is showing 1 warning sign in our investment analysis that you should know about...

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