BAIC BluePark New Energy TechnologyLtd Third Quarter 2024 Earnings: CN¥0.35 loss per share (vs CN¥0.23 loss in 3Q 2023)

BAIC BluePark New Energy TechnologyLtd (SHSE:600733) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥6.08b (up 72% from 3Q 2023).
• Net loss: CN¥1.92b (loss widened by 51% from 3Q 2023).
• CN¥0.35 loss per share (further deteriorated from CN¥0.23 loss in 3Q 2023).

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

BAIC BluePark New Energy TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Auto industry in China.

Performance of the Chinese Auto industry.

The company's shares are up 7.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on BAIC BluePark New Energy TechnologyLtd's balance sheet health.

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