Henan Liliang Diamond Third Quarter 2024 Earnings: EPS: CN¥0.11 (vs CN¥0.35 in 3Q 2023)

Henan Liliang Diamond (SZSE:301071) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥158.0m (down 21% from 3Q 2023).
• Net income: CN¥28.7m (down 68% from 3Q 2023).
• Profit margin: 18% (down from 45% in 3Q 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: CN¥0.11 (down from CN¥0.35 in 3Q 2023).

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

Henan Liliang Diamond Earnings Insights

Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are up 3.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Henan Liliang Diamond that you should be aware of.

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