- China
- /
- Renewable Energy
- /
- SHSE:600025
Huaneng Lancang River Hydropower Second Quarter 2024 Earnings: EPS: CN¥0.19 (vs CN¥0.16 in 2Q 2023)
Huaneng Lancang River Hydropower (SHSE:600025) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥7.46b (up 33% from 2Q 2023).
- Net income: CN¥3.10b (up 32% from 2Q 2023).
- Profit margin: 42% (in line with 2Q 2023).
- EPS: CN¥0.19 (up from CN¥0.16 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Huaneng Lancang River Hydropower Earnings Insights
Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Renewable Energy industry in China.
Performance of the Chinese Renewable Energy industry.
The company's shares are down 2.5% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Huaneng Lancang River Hydropower (1 shouldn't be ignored) you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Huaneng Lancang River Hydropower might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave 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.
About SHSE:600025
Huaneng Lancang River Hydropower
Engages in the development, construction, operation, and management of hydropower projects.
Solid track record with imperfect balance sheet.