GuangDong Suqun New MaterialLtd Reports Second Quarter 2024 Earnings

Simply Wall St · 08/30 23:50

GuangDong Suqun New MaterialLtd (SZSE:301489) Second Quarter 2024 Results

Key Financial Results

  • Net income: CN¥13.0m (up by CN¥13.0m from 2Q 2023).
  • EPS: CN¥0.23.
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SZSE:301489 Earnings and Revenue Growth August 30th 2024

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

GuangDong Suqun New MaterialLtd Earnings Insights

Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in China.

Performance of the Chinese Electrical industry.

The company's shares are up 6.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for GuangDong Suqun New MaterialLtd (1 is a bit concerning!) that we have uncovered.