Advanced Technology & Materials Third Quarter 2024 Earnings: EPS: CN¥0.058 (vs CN¥0.037 in 3Q 2023)

Advanced Technology & Materials (SZSE:000969) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.93b (up 6.2% from 3Q 2023).
• Net income: CN¥59.6m (up 55% from 3Q 2023).
• Profit margin: 3.1% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.058 (up from CN¥0.037 in 3Q 2023).

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

Advanced Technology & Materials Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

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

Risk Analysis

You still need to take note of risks, for example - Advanced Technology & Materials has 1 warning sign we think you should be aware of.

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