Renxin New MaterialLtd Third Quarter 2024 Earnings: EPS: CN¥0.048 (vs CN¥0.016 in 3Q 2023)
Renxin New MaterialLtd (SZSE:301395) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥533.1m (up 5.9% from 3Q 2023).
- Net income: CN¥9.76m (up 206% from 3Q 2023).
- Profit margin: 1.8% (up from 0.6% in 3Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.048 (up from CN¥0.016 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Renxin New MaterialLtd shares are up 1.2% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Renxin New MaterialLtd that you should be aware of.
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About SZSE:301395
Renxin New MaterialLtd
Engages in the research and development, production, and sale of polystyrene polymer materials in China.
Adequate balance sheet with acceptable track record.
