Shanghai Automobile Air-Conditioner Accessories Third Quarter 2024 Earnings: EPS: CN¥0.099 (vs CN¥0.20 in 3Q 2023)

Shanghai Automobile Air-Conditioner Accessories (SHSE:603107) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥517.6m (down 2.0% from 3Q 2023).
• Net income: CN¥32.3m (down 34% from 3Q 2023).
• Profit margin: 6.2% (down from 9.3% in 3Q 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: CN¥0.099 (down from CN¥0.20 in 3Q 2023).

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

Shanghai Automobile Air-Conditioner Accessories shares are down 1.5% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Shanghai Automobile Air-Conditioner Accessories (1 is concerning!) that you need to be mindful of.

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