Qingdao Yunlu Advanced Materials Technology Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Qingdao Yunlu Advanced Materials Technology (SHSE:688190) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥1.90b (up 7.2% from FY 2023).
• Net income: CN¥361.0m (up 8.7% from FY 2023).
• Profit margin: 19% (in line with FY 2023).
• EPS: CN¥3.01 (up from CN¥2.77 in FY 2023).

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

Qingdao Yunlu Advanced Materials Technology Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's shares are down 9.1% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Qingdao Yunlu Advanced Materials Technology that you should be aware of before investing here.

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