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¥1.66b (down 23% 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 7.9% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Oil and Gas industry in Hong Kong.
Performance of the Hong Kong Oil and Gas industry.
The company's shares are up 1.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for China Suntien Green Energy (1 is concerning!) that you should be aware of.
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