Beijing Capital Eco-Environment Protection Group Second Quarter 2024 Earnings: EPS: CN¥0.075 (vs CN¥0.059 in 2Q 2023)

Simply Wall St · 6d ago

Beijing Capital Eco-Environment Protection Group (SHSE:600008) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥4.78b (up 6.3% from 2Q 2023).
  • Net income: CN¥554.5m (up 28% from 2Q 2023).
  • Profit margin: 12% (up from 9.6% in 2Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥0.075 (up from CN¥0.059 in 2Q 2023).
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SHSE:600008 Earnings and Revenue Growth September 1st 2024

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

Beijing Capital Eco-Environment Protection Group Earnings Insights

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Water Utilities industry in China.

Performance of the Chinese Water Utilities industry.

The company's shares are down 1.4% from a week ago.

Risk Analysis

Be aware that Beijing Capital Eco-Environment Protection Group is showing 3 warning signs in our investment analysis and 1 of those is a bit unpleasant...