MayAir Technology (China) Third Quarter 2024 Earnings: EPS: CN¥0.42 (vs CN¥0.39 in 3Q 2023)

Simply Wall St · 10/26 00:01

MayAir Technology (China) (SHSE:688376) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥445.2m (up 5.9% from 3Q 2023).
  • Net income: CN¥55.7m (up 7.1% from 3Q 2023).
  • Profit margin: 13% (in line with 3Q 2023).
  • EPS: CN¥0.42 (up from CN¥0.39 in 3Q 2023).
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SHSE:688376 Earnings and Revenue Growth October 26th 2024

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

MayAir Technology (China) Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Building industry in China.

Performance of the Chinese Building industry.

The company's shares are up 2.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - MayAir Technology (China) has 2 warning signs (and 1 which shouldn't be ignored) we think you should know about.