Hunan Yujing MachineryLtd Third Quarter 2024 Earnings: CN¥0.073 loss per share (vs CN¥0.13 profit in 3Q 2023)

Simply Wall St

November 01, 2024

Hunan Yujing MachineryLtd (SZSE:002943) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥212.6m (down 34% from 3Q 2023).
Net loss: CN¥14.8m (down by 155% from CN¥26.9m profit in 3Q 2023).
CN¥0.073 loss per share (down from CN¥0.13 profit in 3Q 2023).

earnings-and-revenue-growth — SZSE:002943 Earnings and Revenue Growth November 1st 2024

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

Hunan Yujing MachineryLtd Earnings Insights

Looking ahead, revenue is forecast to grow 30% 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 3.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for Hunan Yujing MachineryLtd (3 are a bit concerning!) that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if Hunan Yujing MachineryLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.