Inner Mongolia Dian Tou Energy Third Quarter 2024 Earnings: EPS: CN¥0.65 (vs CN¥0.45 in 3Q 2023)

Inner Mongolia Dian Tou Energy (SZSE:002128) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥7.68b (up 18% from 3Q 2023).
• Net income: CN¥1.46b (up 45% from 3Q 2023).
• Profit margin: 19% (up from 15% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.65 (up from CN¥0.45 in 3Q 2023).

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

Inner Mongolia Dian Tou Energy Earnings Insights

Looking ahead, revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Oil and Gas industry in China.

Performance of the Chinese Oil and Gas industry.

The company's shares are up 8.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Inner Mongolia Dian Tou Energy's balance sheet.

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