Shanghai Xinpeng IndustryLtd Third Quarter 2024 Earnings: EPS: CN¥0.071 (vs CN¥0.031 in 3Q 2023)

Shanghai Xinpeng IndustryLtd (SZSE:002328) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.14b (down 26% from 3Q 2023).
• Net income: CN¥51.4m (up 119% from 3Q 2023).
• Profit margin: 4.5% (up from 1.5% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.071 (up from CN¥0.031 in 3Q 2023).

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

Shanghai Xinpeng IndustryLtd shares are up 6.8% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Shanghai Xinpeng IndustryLtd, and understanding these should be part of your investment process.

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