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).

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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.

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