Guangdong Lvtong New Energy Electric Vehicle Technology Third Quarter 2024 Earnings: EPS: CN¥0.27 (vs CN¥0.46 in 3Q 2023)

Guangdong Lvtong New Energy Electric Vehicle Technology (SZSE:301322) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥213.3m (down 16% from 3Q 2023).
• Net income: CN¥39.1m (down 42% from 3Q 2023).
• Profit margin: 18% (down from 26% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.27 (down from CN¥0.46 in 3Q 2023).

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

Guangdong Lvtong New Energy Electric Vehicle Technology shares are up 5.5% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Guangdong Lvtong New Energy Electric Vehicle Technology's balance sheet health.

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