Jiangsu Hongtian TechnologyLtd Third Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.055 in 3Q 2023)

Jiangsu Hongtian TechnologyLtd (SHSE:603800) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥378.6m (down 18% from 3Q 2023).
• Net income: CN¥25.1m (up 123% from 3Q 2023).
• Profit margin: 6.6% (up from 2.4% in 3Q 2023).
• EPS: CN¥0.12 (up from CN¥0.055 in 3Q 2023).

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

Jiangsu Hongtian TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Energy Services industry in China.

Performance of the Chinese Energy Services industry.

The company's shares are up 24% from a week ago.

Risk Analysis

Be aware that Jiangsu Hongtian TechnologyLtd is showing 2 warning signs in our investment analysis that you should know about...

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