Sichuan Yahua Industrial Group Third Quarter 2024 Earnings: EPS: CN¥0.045 (vs CN¥0.12 loss in 3Q 2023)

Sichuan Yahua Industrial Group (SZSE:002497) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.99b (down 39% from 3Q 2023).
• Net income: CN¥52.4m (up from CN¥143.4m loss in 3Q 2023).
• Profit margin: 2.6% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses.
• EPS: CN¥0.045 (up from CN¥0.12 loss in 3Q 2023).

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

Sichuan Yahua Industrial Group Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

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

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Sichuan Yahua Industrial Group's balance sheet and an in-depth analysis of the company's financial position.

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