Chengdu Guibao Science & TechnologyLtd Full Year 2024 Earnings: Misses Expectations

Chengdu Guibao Science & TechnologyLtd (SZSE:300019) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥3.16b (up 21% from FY 2023).
• Net income: CN¥237.5m (down 25% from FY 2023).
• Profit margin: 7.5% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.61 (down from CN¥0.81 in FY 2023).

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

Chengdu Guibao Science & TechnologyLtd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 6.7%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are down 5.1% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Chengdu Guibao Science & TechnologyLtd.

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