Stock Analysis
- China
- /
- Metals and Mining
- /
- SHSE:688102
Shaanxi Sirui Advanced Materials Second Quarter 2024 Earnings: EPS: CN¥0.076 (vs CN¥0.043 in 2Q 2023)
Shaanxi Sirui Advanced Materials (SHSE:688102) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥336.8m (up 9.2% from 2Q 2023).
- Net income: CN¥31.4m (up 1.2% from 2Q 2023).
- Profit margin: 9.3% (in line with 2Q 2023).
- EPS: CN¥0.076 (up from CN¥0.043 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shaanxi Sirui Advanced Materials Earnings Insights
Looking ahead, revenue is forecast to grow 30% 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 down 4.1% from a week ago.
Risk Analysis
Be aware that Shaanxi Sirui Advanced Materials is showing 3 warning signs in our investment analysis that you should know about...
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SHSE:688102
Shaanxi Sirui Advanced Materials
Shaanxi Sirui Advanced Materials Co., Ltd.