China Sanjiang Fine Chemicals Full Year 2024 Earnings: EPS: CN¥0.46 (vs CN¥0.078 in FY 2023)

China Sanjiang Fine Chemicals (HKG:2198) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥19.6b (up 49% from FY 2023).
• Net income: CN¥532.6m (up 482% from FY 2023).
• Profit margin: 2.7% (up from 0.7% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.46 (up from CN¥0.078 in FY 2023).

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

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

The primary driver behind last 12 months revenue was the Mainland China segment contributing a total revenue of CN¥19.3b (98% of total revenue). Notably, cost of sales worth CN¥18.5b amounted to 95% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling CN¥275.6m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 2198's revenue and expenses shape its earnings.

China Sanjiang Fine Chemicals shares are down 3.8% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for China Sanjiang Fine Chemicals that you should be aware of before investing here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.