Shenzhen Bromake New Material Third Quarter 2024 Earnings: EPS: CN¥0.072 (vs CN¥0.29 in 3Q 2023)

Shenzhen Bromake New Material (SZSE:301387) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥335.7m (up 21% from 3Q 2023).
• Net income: CN¥8.31m (down 76% from 3Q 2023).
• Profit margin: 2.5% (down from 12% in 3Q 2023).
• EPS: CN¥0.072 (down from CN¥0.29 in 3Q 2023).

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

Shenzhen Bromake New Material Earnings Insights

Looking ahead, revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China.

Performance of the Chinese Electronic industry.

The company's shares are up 2.6% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Shenzhen Bromake New Material you should be aware of, and 1 of them is significant.

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