Stock Analysis

China Steel Chemical Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

TWSE:1723
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China Steel Chemical (TWSE:1723) Full Year 2023 Results

Key Financial Results

  • Revenue: NT$8.32b (down 21% from FY 2022).
  • Net income: NT$1.44b (down 16% from FY 2022).
  • Profit margin: 17% (in line with FY 2022).
  • EPS: NT$6.18 (down from NT$7.34 in FY 2022).
earnings-and-revenue-growth
TWSE:1723 Earnings and Revenue Growth February 29th 2024

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

China Steel Chemical EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 2.0%.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - China Steel Chemical has 1 warning sign we think you should be aware of.

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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.