Zhuzhou CRRC Times Electric (HKG:3898) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥24.9b (up 14% from FY 2023).
- Net income: CN¥3.70b (up 19% from FY 2023).
- Profit margin: 15% (in line with FY 2023).
- EPS: CN¥2.62 (up from CN¥2.19 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhuzhou CRRC Times Electric Earnings Insights
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Machinery industry in Hong Kong.
Performance of the Hong Kong Machinery industry.
The company's shares are up 2.5% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Zhuzhou CRRC Times Electric's balance sheet.
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