Zhuzhou Smelter GroupLtd Third Quarter 2024 Earnings: EPS: CN¥0.18 (vs CN¥0.13 in 3Q 2023)

Simply Wall St · 10/25 22:46

Zhuzhou Smelter GroupLtd (SHSE:600961) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥5.33b (up 7.7% from 3Q 2023).
  • Net income: CN¥210.8m (up 35% from 3Q 2023).
  • Profit margin: 4.0% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥0.18 (up from CN¥0.13 in 3Q 2023).
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SHSE:600961 Earnings and Revenue Growth October 25th 2024

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

Zhuzhou Smelter GroupLtd Earnings Insights

Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's shares are up 3.3% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Zhuzhou Smelter GroupLtd's balance sheet.