Rayhoo Motor DiesLtd Third Quarter 2024 Earnings: EPS: CN¥0.44 (vs CN¥0.35 in 3Q 2023)

Rayhoo Motor DiesLtd (SZSE:002997) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥605.0m (up 38% from 3Q 2023).
• Net income: CN¥90.8m (up 42% from 3Q 2023).
• Profit margin: 15% (in line with 3Q 2023).
• EPS: CN¥0.44 (up from CN¥0.35 in 3Q 2023).

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

Rayhoo Motor DiesLtd Earnings Insights

Looking ahead, revenue is forecast to grow 29% 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 down 2.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Rayhoo Motor DiesLtd (1 is significant!) that we have uncovered.

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