China Railway Signal & Communication (HKG:3969) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥32.6b (down 12% from FY 2023).
- Net income: CN¥3.49b (flat on FY 2023).
- Profit margin: 11% (up from 9.4% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: CN¥0.32 (in line with FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Railway Signal & Communication Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 7.1%.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Hong Kong.
Performance of the Hong Kong Electronic industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for China Railway Signal & Communication that we have uncovered.
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