Beijing Lier High-temperature MaterialsLtd Third Quarter 2024 Earnings: EPS: CN¥0.08 (vs CN¥0.089 in 3Q 2023)

Beijing Lier High-temperature MaterialsLtd (SZSE:002392) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.82b (up 18% from 3Q 2023).
• Net income: CN¥96.9m (down 8.7% from 3Q 2023).
• Profit margin: 5.3% (down from 6.9% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.08 (down from CN¥0.089 in 3Q 2023).

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

Beijing Lier High-temperature MaterialsLtd Earnings Insights

Looking ahead, revenue is forecast to grow 11% 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 up 1.6% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Beijing Lier High-temperature MaterialsLtd, and understanding it should be part of your investment process.

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