Rayhoo Motor DiesLtd Third Quarter 2024 Earnings: EPS: CN¥0.44 (vs CN¥0.35 in 3Q 2023)

Simply Wall St · 10/18 22:35

Rayhoo Motor DiesLtd (SZSE:002997) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥605.0m (up 38% from 3Q 2023).
  • Net income: CN¥90.8m (up 42% from 3Q 2023).
  • Profit margin: 15% (in line with 3Q 2023).
  • EPS: CN¥0.44 (up from CN¥0.35 in 3Q 2023).
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SZSE:002997 Earnings and Revenue Growth October 18th 2024

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

Rayhoo Motor DiesLtd Earnings Insights

Looking ahead, revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

The company's shares are down 2.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Rayhoo Motor DiesLtd (1 is significant!) that we have uncovered.