Stock Analysis

Wangneng EnvironmentLtd Third Quarter 2024 Earnings: EPS: CN¥0.35 (vs CN¥0.38 in 3Q 2023)

SZSE:002034
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Wangneng EnvironmentLtd (SZSE:002034) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥839.1m (down 2.5% from 3Q 2023).
  • Net income: CN¥149.6m (down 9.6% from 3Q 2023).
  • Profit margin: 18% (down from 19% in 3Q 2023).
  • EPS: CN¥0.35 (down from CN¥0.38 in 3Q 2023).
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SZSE:002034 Earnings and Revenue Growth October 30th 2024

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

Wangneng EnvironmentLtd Earnings Insights

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Commercial Services industry in China.

Performance of the Chinese Commercial Services industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Wangneng EnvironmentLtd that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if Wangneng EnvironmentLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.