Guangzhou Haige Communications Group (SZSE:002465) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥4.92b (down 24% from FY 2023).
- Net income: CN¥53.1m (down 92% from FY 2023).
- Profit margin: 1.1% (down from 11% in FY 2023).
- EPS: CN¥0.02 (down from CN¥0.30 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Guangzhou Haige Communications Group Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 93%.
Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China.
Performance of the Chinese Communications industry.
The company's shares are down 5.2% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Guangzhou Haige Communications Group you should know about.
Valuation is complex, but we're here to simplify it.
Discover if Guangzhou Haige Communications Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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