China Suntien Green Energy (HKG:956) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥21.4b (up 5.4% from FY 2023).
- Net income: CN¥1.67b (down 22% from FY 2023).
- Profit margin: 7.8% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.40 (down from CN¥0.51 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Suntien Green Energy Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 27%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Hong Kong are expected to remain flat.
Performance of the Hong Kong Oil and Gas industry.
The company's shares are down 4.9% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for China Suntien Green Energy you should be aware of, and 1 of them shouldn't be ignored.
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