Guangzhou Automobile Group (HKG:2238) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥107.8b (down 17% from FY 2023).
- Net income: CN¥823.6m (down 81% from FY 2023).
- Profit margin: 0.8% (down from 3.4% in FY 2023).
- EPS: CN¥0.08 (down from CN¥0.42 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Guangzhou Automobile Group Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto industry in Hong Kong.
Performance of the Hong Kong Auto industry.
The company's shares are down 3.1% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Guangzhou Automobile Group you should be aware of.
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