Nanxing Machinery Third Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.25 in 3Q 2023)
Nanxing Machinery (SZSE:002757) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥778.6m (down 8.2% from 3Q 2023).
- Net income: CN¥41.8m (down 44% from 3Q 2023).
- Profit margin: 5.4% (down from 8.7% in 3Q 2023).
- EPS: CN¥0.14 (down from CN¥0.25 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nanxing Machinery's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 4 warning signs for Nanxing Machinery (of which 1 is concerning!) you should know about.
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About SZSE:002757
Nanxing Machinery
Engages in the research and development, production, sales, and services for wood processing machinery in China, Germany, the United States, Russia, the Middle East, rest of Asia, and internationally.
Excellent balance sheet slight.
