GD Power DevelopmentLtd Third Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.15 in 3Q 2023)

Simply Wall St · 10/25 22:08

GD Power DevelopmentLtd (SHSE:600795) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥48.0b (down 2.7% from 3Q 2023).
  • Net income: CN¥2.47b (down 6.1% from 3Q 2023).
  • Profit margin: 5.2% (down from 5.3% in 3Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.14 (down from CN¥0.15 in 3Q 2023).
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SHSE:600795 Earnings and Revenue Growth October 25th 2024

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

GD Power DevelopmentLtd Earnings Insights

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Renewable Energy industry in China.

Performance of the Chinese Renewable Energy industry.

The company's shares are down 1.6% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for GD Power DevelopmentLtd (1 doesn't sit too well with us!) that you should be aware of before investing here.