Stock Analysis

Hangzhou Youngsun Intelligent Equipment Third Quarter 2024 Earnings: EPS: CN¥0.021 (vs CN¥0.069 in 3Q 2023)

SHSE:603901
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Hangzhou Youngsun Intelligent Equipment (SHSE:603901) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥799.8m (down 2.7% from 3Q 2023).
  • Net income: CN¥10.3m (down 69% from 3Q 2023).
  • Profit margin: 1.3% (down from 4.0% in 3Q 2023).
  • EPS: CN¥0.021 (down from CN¥0.069 in 3Q 2023).
earnings-and-revenue-growth
SHSE:603901 Earnings and Revenue Growth October 31st 2024

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

Hangzhou Youngsun Intelligent Equipment Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 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 3.4% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Hangzhou Youngsun Intelligent Equipment that you need to take into consideration.

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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.