Hang Zhou Radical Energy-Saving Technology Third Quarter 2024 Earnings: EPS: CN¥0.34 (vs CN¥0.39 in 3Q 2023)

Hang Zhou Radical Energy-Saving Technology (SZSE:300652) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥192.3m (up 9.4% from 3Q 2023).
• Net income: CN¥34.3m (down 13% from 3Q 2023).
• Profit margin: 18% (down from 22% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.34 (down from CN¥0.39 in 3Q 2023).

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

Hang Zhou Radical Energy-Saving Technology shares are up 1.9% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Hang Zhou Radical Energy-Saving Technology (at least 1 which is concerning), and understanding these should be part of your investment process.

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