Feilong Auto Components Third Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.17 in 3Q 2023)

Simply Wall St · 10/15 22:25

Feilong Auto Components (SZSE:002536) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥1.13b (up 1.8% from 3Q 2023).
  • Net income: CN¥82.8m (flat on 3Q 2023).
  • Profit margin: 7.3% (down from 7.4% in 3Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.14.
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SZSE:002536 Earnings and Revenue Growth October 15th 2024

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

Feilong Auto Components Earnings Insights

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China.

Performance of the Chinese Auto Components industry.

The company's shares are down 8.1% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Feilong Auto Components that you should be aware of before investing here.