Huaihe Energy (Group)Ltd Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Huaihe Energy (Group)Ltd (SHSE:600575) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥30.0b (up 9.8% from FY 2023).
• Net income: CN¥857.8m (up 2.2% from FY 2023).
• Profit margin: 2.9% (down from 3.1% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.22.

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

Huaihe Energy (Group)Ltd Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 19%.

Looking ahead, revenue is expected to decline by 2.2% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in China are expected to grow by 4.0%.

Performance of the Chinese Infrastructure industry.

The company's shares are down 3.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Huaihe Energy (Group)Ltd that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.