Stock Analysis

Changchun FAWAY Automobile ComponentsLtd Third Quarter 2024 Earnings: EPS: CN¥0.19 (vs CN¥0.25 in 3Q 2023)

Published
SHSE:600742

Changchun FAWAY Automobile ComponentsLtd (SHSE:600742) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥4.83b (down 17% from 3Q 2023).
  • Net income: CN¥138.1m (down 25% from 3Q 2023).
  • Profit margin: 2.9% (down from 3.1% in 3Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.19 (down from CN¥0.25 in 3Q 2023).
SHSE:600742 Earnings and Revenue History October 30th 2024

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

Changchun FAWAY Automobile ComponentsLtd shares are up 1.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Changchun FAWAY Automobile ComponentsLtd has 2 warning signs (and 1 which is significant) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.