Guangdong Electric Power Development Full Year 2024 Earnings: EPS: CN¥0.18 (vs CN¥0.19 in FY 2023)

Guangdong Electric Power Development (SZSE:000539) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥57.2b (down 4.3% from FY 2023).
• Net income: CN¥964.2m (down 1.1% from FY 2023).
• Profit margin: 1.7% (up from 1.6% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.18 (down from CN¥0.19 in FY 2023).

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

In the last 12 months, the only revenue segment was Power Business contributing CN¥57.2b. Notably, cost of sales worth CN¥49.5b amounted to 87% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling CN¥3.30b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 000539's revenue and expenses shape its earnings.

Guangdong Electric Power Development shares are down 3.2% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Guangdong Electric Power Development that you should be aware of.

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