CECEP Wind-power CorporationLtd Third Quarter 2024 Earnings: EPS: CN¥0.047 (vs CN¥0.048 in 3Q 2023)

CECEP Wind-power CorporationLtd (SHSE:601016) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.17b (up 1.1% from 3Q 2023).
• Net income: CN¥306.6m (flat on 3Q 2023).
• Profit margin: 26% (in line with 3Q 2023).
• EPS: CN¥0.047.

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

CECEP Wind-power CorporationLtd Earnings Insights

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Renewable Energy industry in China.

Performance of the Chinese Renewable Energy industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for CECEP Wind-power CorporationLtd (1 doesn't sit too well with us) you should be aware of.

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