Keshun Waterproof TechnolgiesLtd Third Quarter 2024 Earnings: EPS: CN¥0.028 (vs CN¥0.02 in 3Q 2023)

Keshun Waterproof TechnolgiesLtd (SZSE:300737) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.67b (down 13% from 3Q 2023).
• Net income: CN¥32.3m (up 51% from 3Q 2023).
• Profit margin: 1.9% (up from 1.1% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.028 (up from CN¥0.02 in 3Q 2023).

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

Keshun Waterproof TechnolgiesLtd Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Basic Materials industry in China.

Performance of the Chinese Basic Materials industry.

The company's shares are up 4.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Keshun Waterproof TechnolgiesLtd (1 is a bit concerning!) that you should be aware of.

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