Jiangsu Topfly New Materials Third Quarter 2024 Earnings: EPS: CN¥0.043 (vs CN¥0.072 in 3Q 2023)

Jiangsu Topfly New Materials (SZSE:001373) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥167.8m (down 11% from 3Q 2023).
• Net income: CN¥3.11m (down 40% from 3Q 2023).
• Profit margin: 1.9% (down from 2.8% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.043 (down from CN¥0.072 in 3Q 2023).

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

Jiangsu Topfly New Materials' share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Jiangsu Topfly New Materials (at least 2 which are potentially serious), and understanding these should be part of your investment process.

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