Do-Fluoride New Materials Second Quarter 2024 Earnings: EPS: CN¥0.022 (vs CN¥0.15 in 2Q 2023)

Simply Wall St · 08/30 22:31

Do-Fluoride New Materials (SZSE:002407) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥2.48b (down 11% from 2Q 2023).
  • Net income: CN¥30.8m (down 81% from 2Q 2023).
  • Profit margin: 1.2% (down from 5.7% in 2Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.022 (down from CN¥0.15 in 2Q 2023).
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SZSE:002407 Earnings and Revenue Growth August 30th 2024

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

Do-Fluoride New Materials Earnings Insights

Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Do-Fluoride New Materials (2 are potentially serious!) that we have uncovered.