Fujian South Highway Machinery Third Quarter 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.24 in 3Q 2023)

Fujian South Highway Machinery (SHSE:603280) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥147.0m (down 40% from 3Q 2023).
• Net income: CN¥15.8m (down 40% from 3Q 2023).
• Profit margin: 11% (in line with 3Q 2023).
• EPS: CN¥0.15 (down from CN¥0.24 in 3Q 2023).

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

Fujian South Highway Machinery Earnings Insights

Looking ahead, revenue is forecast to grow 19% 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 shares are down 1.2% from a week ago.

Risk Analysis

Be aware that Fujian South Highway Machinery is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning...

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