Jiangsu Haili Wind Power Equipment Technology Third Quarter 2024 Earnings: CN¥0.094 loss per share (vs CN¥0.33 loss in 3Q 2023)

Jiangsu Haili Wind Power Equipment Technology (SZSE:301155) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥699.1m (up 35% from 3Q 2023).
• Net loss: CN¥20.8m (loss narrowed by 70% from 3Q 2023).
• CN¥0.094 loss per share (improved from CN¥0.33 loss in 3Q 2023).

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

Jiangsu Haili Wind Power Equipment Technology Earnings Insights

Looking ahead, revenue is forecast to grow 66% 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 share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Jiangsu Haili Wind Power Equipment Technology has 1 warning sign we think you should be aware of.

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