Shanghai Zhongzhou Special Alloy Materials Third Quarter 2024 Earnings: EPS: CN¥0.077 (vs CN¥0.085 in 3Q 2023)

Simply Wall St · 10/25 23:31

Shanghai Zhongzhou Special Alloy Materials (SZSE:300963) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥261.8m (down 6.2% from 3Q 2023).
  • Net income: CN¥25.4m (down 13% from 3Q 2023).
  • Profit margin: 9.7% (in line with 3Q 2023).
  • EPS: CN¥0.077 (down from CN¥0.085 in 3Q 2023).
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SZSE:300963 Earnings and Revenue Growth October 25th 2024

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

Shanghai Zhongzhou Special Alloy Materials Earnings Insights

Looking ahead, revenue is forecast to grow 20% 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 1.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Shanghai Zhongzhou Special Alloy Materials (1 shouldn't be ignored!) that you need to take into consideration.