Stock Analysis

Shenzhen Dynanonic Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Published
SZSE:300769

Shenzhen Dynanonic (SZSE:300769) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥2.19b (down 60% from 3Q 2023).
  • Net loss: CN¥305.8m (down from CN¥47.7m profit in 3Q 2023).
  • CN¥1.08 loss per share (down from CN¥0.17 profit in 3Q 2023).
SZSE:300769 Earnings and Revenue Growth October 31st 2024

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

Shenzhen Dynanonic EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 19%. Earnings per share (EPS) exceeded analyst estimates by 3.5%.

Looking ahead, revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are down 14% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Shenzhen Dynanonic that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.