Gold cup Electric ApparatusLtd (SZSE:002533) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥15.3b (up 16% from FY 2022).
- Net income: CN¥522.8m (up 41% from FY 2022).
- Profit margin: 3.4% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue.
- EPS: CN¥0.71 (up from CN¥0.51 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gold cup Electric ApparatusLtd Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 10%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China.
Performance of the Chinese Electrical industry.
The company’s shares are up 7.9% from a week ago.
Risk Analysis
It’s still necessary to consider the ever-present spectre of investment risk. We’ve identified 1 warning sign with Gold cup Electric ApparatusLtd, and understanding it should be part of your investment process.
Valuation is complex, but we’re helping make it simple.
Find out whether Gold cup Electric ApparatusLtd is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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