AECC Aviation PowerLtd Third Quarter 2024 Earnings: EPS: CN¥0.049 (vs CN¥0.12 in 3Q 2023)

Simply Wall St

October 31, 2024

AECC Aviation PowerLtd (SHSE:600893) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥7.41b (down 13% from 3Q 2023).
Net income: CN¥131.4m (down 57% from 3Q 2023).
Profit margin: 1.8% (down from 3.6% in 3Q 2023). The decrease in margin was driven by lower revenue.
EPS: CN¥0.049 (down from CN¥0.12 in 3Q 2023).

earnings-and-revenue-growth — SHSE:600893 Earnings and Revenue Growth October 31st 2024

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

AECC Aviation PowerLtd Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Aerospace & Defense industry in China.

Performance of the Chinese Aerospace & Defense industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - AECC Aviation PowerLtd has 2 warning signs we think you should be aware of.

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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.