CITIC Heavy Industries Full Year 2024 Earnings: EPS: CN¥0.084 (vs CN¥0.088 in FY 2023)
CITIC Heavy Industries (SHSE:601608) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥8.03b (down 16% from FY 2023).
- Net income: CN¥374.5m (down 2.4% from FY 2023).
- Profit margin: 4.7% (up from 4.0% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: CN¥0.084 (down from CN¥0.088 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CITIC Heavy Industries' share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for CITIC Heavy Industries that you should be aware of before investing here.
If you're looking to trade CITIC Heavy Industries, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.
With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.
Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.
Sponsored ContentNew: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About SHSE:601608
CITIC Heavy Industries
Engages in the manufacture and sale of heavy machinery in China and internationally.
Flawless balance sheet with acceptable track record.
Market Insights
Community Narratives
