Stock Analysis
Sino-High (China) Second Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.19 in 2Q 2023)
Sino-High (China) (SZSE:301076) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥105.9m (down 9.4% from 2Q 2023).
- Net income: CN¥18.4m (down 28% from 2Q 2023).
- Profit margin: 17% (down from 22% in 2Q 2023). The decrease in margin was driven by lower revenue.
- EPS: CN¥0.14 (down from CN¥0.19 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sino-High (China) Earnings Insights
Looking ahead, revenue is forecast to grow 29% 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 5.8% from a week ago.
Risk Analysis
Be aware that Sino-High (China) is showing 2 warning signs in our investment analysis that you should know about...
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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:301076
Sino-High (China)
Engages in the research and development, production, and sale of aromatic ketone products in China and internationally.