Yutong BusLtd Full Year 2024 Earnings: Beats Expectations

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Yutong BusLtd (SHSE:600066) Full Year 2024 Results

Key Financial Results

  • Revenue: CN¥37.2b (up 38% from FY 2023).
  • Net income: CN¥4.12b (up 126% from FY 2023).
  • Profit margin: 11% (up from 6.7% in FY 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥1.86 (up from CN¥0.82 in FY 2023).

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SHSE:600066 Earnings and Revenue Growth April 2nd 2025

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

Yutong BusLtd Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 4.0%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

The company's shares are up 3.5% from a week ago.

Valuation

Following the latest earnings results, Yutong BusLtd may be undervalued based on 6 different valuation benchmarks we assess. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.

Valuation is complex, but we're here to simplify it.

Discover if Yutong BusLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.