China Green Electricity Investment of Tianjin Second Quarter 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.17 in 2Q 2023)

Simply Wall St · 09/01 02:35

China Green Electricity Investment of Tianjin (SZSE:000537) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥948.4m (down 9.1% from 2Q 2023).
  • Net income: CN¥297.7m (down 7.0% from 2Q 2023).
  • Profit margin: 31% (in line with 2Q 2023).
  • EPS: CN¥0.15 (down from CN¥0.17 in 2Q 2023).
earnings-and-revenue-history
SZSE:000537 Earnings and Revenue History September 1st 2024

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

China Green Electricity Investment of Tianjin Earnings Insights

Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Real Estate industry in China.

Performance of the Chinese Real Estate industry.

The company's shares are up 1.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - China Green Electricity Investment of Tianjin has 4 warning signs (and 2 which can't be ignored) we think you should know about.