Stock Analysis

Shandong Kaisheng New MaterialsLtd Full Year 2024 Earnings: EPS: CN¥0.13 (vs CN¥0.38 in FY 2023)

SZSE:301069
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Shandong Kaisheng New MaterialsLtd (SZSE:301069) Full Year 2024 Results

Key Financial Results

  • Revenue: CN¥927.9m (down 6.0% from FY 2023).
  • Net income: CN¥56.0m (down 65% from FY 2023).
  • Profit margin: 6.0% (down from 16% in FY 2023). The decrease in margin was primarily driven by lower revenue.
  • EPS: CN¥0.13 (down from CN¥0.38 in FY 2023).
earnings-and-revenue-history
SZSE:301069 Earnings and Revenue History March 16th 2025

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

Shandong Kaisheng New MaterialsLtd's share price is broadly unchanged from a week ago.

Risk Analysis

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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:301069

Shandong Kaisheng New MaterialsLtd

Engages in the research and development, production, and sale of fine chemical products and new polymer materials in Mainland China, Japan, South Korea, the United States, and internationally.

Adequate balance sheet low.