Henan Zhongyuan Expressway Third Quarter 2024 Earnings: EPS: CN¥0.086 (vs CN¥0.12 in 3Q 2023)

Henan Zhongyuan Expressway (SHSE:600020) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.96b (up 41% from 3Q 2023).
• Net income: CN¥270.3m (down 21% from 3Q 2023).
• Profit margin: 14% (down from 25% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.086 (down from CN¥0.12 in 3Q 2023).

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

Henan Zhongyuan Expressway shares are down 1.2% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Henan Zhongyuan Expressway (at least 2 which are a bit unpleasant), and understanding them should be part of your investment process.

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