Zhuzhou Kibing GroupLtd Third Quarter 2024 Earnings: Misses Expectations

Simply Wall St

November 01, 2024

Zhuzhou Kibing GroupLtd (SHSE:601636) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥3.69b (down 14% from 3Q 2023).
Net loss: CN¥112.1m (down by 119% from CN¥596.1m profit in 3Q 2023).
CN¥0.043 loss per share (down from CN¥0.22 profit in 3Q 2023).

earnings-and-revenue-growth — SHSE:601636 Earnings and Revenue Growth November 1st 2024

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

Zhuzhou Kibing GroupLtd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 17%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Building industry in China.

Performance of the Chinese Building industry.

The company's shares are up 17% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Zhuzhou Kibing GroupLtd (2 are concerning!) that you should be aware of.

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

Discover if Zhuzhou Kibing GroupLtd 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.