Hubei Yihua Chemical Industry Full Year 2023 Earnings: Misses Expectations

Hubei Yihua Chemical Industry (SZSE:000422) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥17.0b (down 18% from FY 2022).
• Net income: CN¥453.1m (down 79% from FY 2022).
• Profit margin: 2.7% (down from 10% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.47 (down from CN¥2.41 in FY 2022).

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

Hubei Yihua Chemical Industry Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 20%.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Hubei Yihua Chemical Industry that you should be aware of.

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