Hunan SUND Technological Third Quarter 2024 Earnings: EPS: CN¥0.26 (vs CN¥0.35 in 3Q 2023)

Hunan SUND Technological (SZSE:301548) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥109.5m (down 14% from 3Q 2023).
• Net income: CN¥22.2m (down 28% from 3Q 2023).
• Profit margin: 20% (down from 24% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.26 (down from CN¥0.35 in 3Q 2023).

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

Hunan SUND Technological Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

The company's shares are down 5.0% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Hunan SUND Technological that you should be aware of.

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