Sichuan Chuantou EnergyLtd Second Quarter 2024 Earnings: EPS: CN¥0.21 (vs CN¥0.22 in 2Q 2023)

Sichuan Chuantou EnergyLtd (SHSE:600674) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥345.6m (up 16% from 2Q 2023).
• Net income: CN¥1.03b (up 7.0% from 2Q 2023).
• EPS: CN¥0.21.

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

Sichuan Chuantou EnergyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Renewable Energy industry in China.

Performance of the Chinese Renewable Energy industry.

The company's shares are up 1.7% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Sichuan Chuantou EnergyLtd, and understanding them should be part of your investment process.

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