Tiandi Science & TechnologyLtd Third Quarter 2024 Earnings: EPS: CN¥0.16 (vs CN¥0.14 in 3Q 2023)

Tiandi Science & TechnologyLtd (SHSE:600582) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥7.10b (down 3.4% from 3Q 2023).
• Net income: CN¥643.3m (up 10.0% from 3Q 2023).
• Profit margin: 9.1% (up from 8.0% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.16 (up from CN¥0.14 in 3Q 2023).

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

Tiandi Science & TechnologyLtd Earnings Insights

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 share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Tiandi Science & TechnologyLtd, and understanding this should be part of your investment process.

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