Sichuan Kexin Mechanical and Electrical EquipmentLtd Full Year 2024 Earnings: Misses Expectations
Sichuan Kexin Mechanical and Electrical EquipmentLtd (SZSE:300092) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥1.22b (down 19% from FY 2023).
- Net income: CN¥169.3m (up 3.5% from FY 2023).
- Profit margin: 14% (up from 11% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: CN¥0.62 (up from CN¥0.61 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sichuan Kexin Mechanical and Electrical EquipmentLtd Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates by 6.4%.
The company's shares are down 3.9% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Sichuan Kexin Mechanical and Electrical EquipmentLtd you should be aware of.
If you're looking to trade Sichuan Kexin Mechanical and Electrical EquipmentLtd, 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.
Sponsored ContentNew: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
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.
About SZSE:300092
Sichuan Kexin Mechanical and Electrical EquipmentLtd
Engages in the design, development, and manufacture of heavy-duty process equipment and system integration in China and internationally.
Flawless balance sheet with proven track record.
Market Insights
Community Narratives
