Guangzhou Hengyun Enterprises Holding Third Quarter 2024 Earnings: EPS: CN¥0.088 (vs CN¥0.18 in 3Q 2023)

Guangzhou Hengyun Enterprises Holding (SZSE:000531) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.13b (down 24% from 3Q 2023).
• Net income: CN¥91.8m (down 40% from 3Q 2023).
• Profit margin: 8.1% (down from 10% in 3Q 2023).
• EPS: CN¥0.088 (down from CN¥0.18 in 3Q 2023).

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

Guangzhou Hengyun Enterprises Holding Earnings Insights

Looking ahead, revenue is forecast to grow 19% 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 5.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for Guangzhou Hengyun Enterprises Holding (1 is a bit concerning!) that you need to take into consideration.

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