Ficont Industry (Beijing) Third Quarter 2024 Earnings: EPS: CN¥0.46 (vs CN¥0.17 in 3Q 2023)

Ficont Industry (Beijing) (SHSE:605305) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥363.8m (up 41% from 3Q 2023).
• Net income: CN¥97.9m (up 166% from 3Q 2023).
• Profit margin: 27% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.46 (up from CN¥0.17 in 3Q 2023).

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

Ficont Industry (Beijing) Earnings Insights

Looking ahead, revenue is forecast to grow 25% 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 up 5.3% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Ficont Industry (Beijing)'s balance sheet health.

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