Stock Analysis
- Hong Kong
- /
- Metals and Mining
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- SEHK:358
Jiangxi Copper First Quarter 2024 Earnings: EPS: CN¥0.50 (vs CN¥0.51 in 1Q 2023)
Jiangxi Copper (HKG:358) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥122.5b (down 4.1% from 1Q 2023).
- Net income: CN¥1.71b (down 2.3% from 1Q 2023).
- Profit margin: 1.4% (in line with 1Q 2023).
- EPS: CN¥0.50 (down from CN¥0.51 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jiangxi Copper Earnings Insights
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Metals and Mining industry in Hong Kong.
Performance of the Hong Kong Metals and Mining industry.
The company's shares are up 1.7% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Jiangxi Copper, and understanding this should be part of your investment process.
Valuation is complex, but we're helping make it simple.
Find out whether Jiangxi Copper is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SEHK:358
Jiangxi Copper
Jiangxi Copper Company Limited engages in exploring, mining, smelting, and refining copper in Mainland China, Hong Kong, and internationally.
Adequate balance sheet average dividend payer.