Beijing-Shanghai High-Speed Railway Third Quarter 2024 Earnings: EPS: CN¥0.074 (vs CN¥0.077 in 3Q 2023)

Beijing-Shanghai High-Speed Railway (SHSE:601816) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥11.5b (flat on 3Q 2023).
• Net income: CN¥3.66b (down 3.2% from 3Q 2023).
• Profit margin: 32% (in line with 3Q 2023).
• EPS: CN¥0.074 (down from CN¥0.077 in 3Q 2023).

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

Beijing-Shanghai High-Speed Railway Earnings Insights

Looking ahead, revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Transportation industry in Asia.

Performance of the market in China.

The company's shares are down 3.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Beijing-Shanghai High-Speed Railway that you should be aware of.

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