Beijing Relpow Technology Third Quarter 2024 Earnings: CN¥0.12 loss per share (vs CN¥0.059 loss in 3Q 2023)

Beijing Relpow Technology (SZSE:300593) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥193.4m (down 6.2% from 3Q 2023).
• Net loss: CN¥69.6m (loss widened by 115% from 3Q 2023).
• CN¥0.12 loss per share (further deteriorated from CN¥0.059 loss in 3Q 2023).

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

Beijing Relpow Technology Earnings Insights

Looking ahead, revenue is forecast to grow 35% 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 15% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Beijing Relpow Technology.

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