Stock Analysis
EVE Energy (SZSE:300014) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥12.4b (down 1.3% from 3Q 2023).
- Net income: CN¥1.05b (down 17% from 3Q 2023).
- Profit margin: 8.5% (down from 10% in 3Q 2023).
- EPS: CN¥0.52 (down from CN¥0.62 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
EVE Energy Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 17%.
Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China.
Performance of the Chinese Electrical industry.
The company's shares are up 8.6% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for EVE Energy (1 shouldn't be ignored!) that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if EVE Energy 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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About SZSE:300014
EVE Energy
Provides lithium batteries in China and internationally.
