China Suntien Green Energy First Quarter 2024 Earnings: EPS: CN¥0.20 (vs CN¥0.20 in 1Q 2023)

Simply Wall St·04/26/2024 22:40:26

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China Suntien Green Energy (HKG:956) First Quarter 2024 Results

Key Financial Results

Revenue: CN¥7.91b (up 21% from 1Q 2023).
Net income: CN¥832.1m (flat on 1Q 2023).
Profit margin: 11% (down from 13% in 1Q 2023). The decrease in margin was driven by higher expenses.
EPS: CN¥0.20 (in line with 1Q 2023).

earnings-and-revenue-growth — SEHK:956 Earnings and Revenue Growth April 26th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

China Suntien Green Energy Earnings Insights

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 share price is broadly unchanged 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 is concerning.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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