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China Suntien Green Energy Third Quarter 2024 Earnings: EPS: CN¥0.017 (vs CN¥0.015 in 3Q 2023)
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China Suntien Green Energy (HKG:956) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥3.65b (up 19% from 3Q 2023).
  • Net income: CN¥77.5m (up 14% from 3Q 2023).
  • Profit margin: 2.1% (in line with 3Q 2023).
  • EPS: CN¥0.017 (up from CN¥0.015 in 3Q 2023).
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SEHK:956 Earnings and Revenue Growth November 2nd 2024

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

China Suntien Green Energy Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Hong Kong.

Performance of the Hong Kong Oil and Gas industry.

The company's shares are down 4.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for China Suntien Green Energy (of which 1 is significant!) you should know about.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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