Stock Analysis
Jiangsu Boiln Plastics Second Quarter 2024 Earnings: EPS: CN¥0.38 (vs CN¥0.31 in 2Q 2023)
Jiangsu Boiln Plastics (SZSE:301003) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥169.6m (up 30% from 2Q 2023).
- Net income: CN¥36.3m (up 19% from 2Q 2023).
- Profit margin: 21% (down from 23% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.38 (up from CN¥0.31 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jiangsu Boiln Plastics Earnings Insights
Looking ahead, revenue is forecast to grow 19% 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 share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Jiangsu Boiln Plastics (1 is a bit unpleasant!) that you need to take into consideration.
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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.
About SZSE:301003
Jiangsu Boiln Plastics
Researches and develops, produces, and sells modified plastic products in China, Hong Kong, Taiwan, Southeast Asia, North America, South America, and Europe.