Beijing-Shanghai High-Speed Railway Second Quarter 2024 Earnings: EPS: CN¥0.069 (vs CN¥0.059 in 2Q 2023)

Simply Wall St · 09/01 00:49

Beijing-Shanghai High-Speed Railway (SHSE:601816) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥10.8b (up 4.0% from 2Q 2023).
  • Net income: CN¥3.39b (up 17% from 2Q 2023).
  • Profit margin: 32% (up from 28% in 2Q 2023).
  • EPS: CN¥0.069 (up from CN¥0.059 in 2Q 2023).
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SHSE:601816 Earnings and Revenue Growth September 1st 2024

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

Beijing-Shanghai High-Speed Railway Earnings Insights

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Transportation industry in Asia.

Performance of the market in China.

The company's shares are down 4.4% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Beijing-Shanghai High-Speed Railway that you need to be mindful of.