CITIC Heavy Industries Full Year 2024 Earnings: EPS: CN¥0.084 (vs CN¥0.088 in FY 2023)

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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).
earnings-and-revenue-history
SHSE:601608 Earnings and Revenue History March 17th 2025

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.

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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.

About SHSE:601608

CITIC Heavy Industries

Manufactures and sells heavy machinery in China and internationally.

Flawless balance sheet second-rate dividend payer.

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