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China Coal Xinji EnergyLtd Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
China Coal Xinji EnergyLtd (SHSE:601918) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥12.7b (flat on FY 2023).
- Net income: CN¥2.39b (up 13% from FY 2023).
- Profit margin: 19% (up from 16% in FY 2023).
- EPS: CN¥0.92 (up from CN¥0.81 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Coal Xinji EnergyLtd EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 2.8%.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Oil and Gas industry in China.
Performance of the Chinese Oil and Gas industry.
The company's shares are down 3.2% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with China Coal Xinji EnergyLtd (at least 1 which is potentially serious), and understanding these should be part of your investment process.
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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.
About SHSE:601918
China Coal Xinji EnergyLtd
Engages in mining, washing, and sales of bituminous and anthracite coal in China and internationally.
Proven track record average dividend payer.