Canny Elevator Full Year 2024 Earnings: Revenues Disappoint

Simply Wall St

March 28, 2025

Canny Elevator (SZSE:002367) Full Year 2024 Results

Key Financial Results

Revenue: CN¥4.08b (down 19% from FY 2023).
Net income: CN¥357.2m (down 2.2% from FY 2023).
Profit margin: 8.7% (up from 7.3% in FY 2023). The increase in margin was driven by lower expenses.
EPS: CN¥0.45 (down from CN¥0.46 in FY 2023).

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.

earnings-and-revenue-growth — SZSE:002367 Earnings and Revenue Growth March 28th 2025

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

Canny Elevator Revenues Disappoint

Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 5.2% 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 2.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Canny Elevator that you need to take into consideration.

If you're looking to trade Canny Elevator, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.

With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.