Hefei Snowky Electric Third Quarter 2024 Earnings: EPS: CN¥0.088 (vs CN¥0.30 in 3Q 2023)

Hefei Snowky Electric (SZSE:001387) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥471.7m (down 25% from 3Q 2023).
• Net income: CN¥15.6m (down 64% from 3Q 2023).
• Profit margin: 3.3% (down from 6.9% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.088 (down from CN¥0.30 in 3Q 2023).

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

Hefei Snowky Electric shares are down 2.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Hefei Snowky Electric you should know about.

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