Chengdu Wintrue Holding Third Quarter 2024 Earnings: EPS: CN¥0.17 (vs CN¥0.17 in 3Q 2023)

Chengdu Wintrue Holding (SZSE:002539) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥4.69b (down 13% from 3Q 2023).
• Net income: CN¥215.4m (up 5.9% from 3Q 2023).
• Profit margin: 4.6% (up from 3.8% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.17 (up from CN¥0.17 in 3Q 2023).

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

Chengdu Wintrue Holding Earnings Insights

Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are up 3.5% 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 Chengdu Wintrue Holding (at least 1 which can't be ignored), and understanding these should be part of your investment process.

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