Zoomlion Heavy Industry Science and Technology (SZSE:000157) Full Year 2023 Results

Main financial results

  • Sales: CAD 47.1 billion (13% increase compared to FY2022).
  • Net profit: C$3.51 billion (52% increase compared to FY2022).
  • Profit margin: 7.4% (up from 5.5% in FY2022). The increase in margin was driven by an increase in revenue.
  • EPS: 0.43 CN Yen (up from 0.27 CN Yen in FY2022).
Profit and revenue growth
SZSE:000157 Earnings and Revenue Growth March 29, 2024

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

Zoomlion Heavy Industry's Science and Technology EPS Exceeds Expectations

Sales were in line with analyst forecasts. Earnings per share (EPS) exceeded analyst estimates by 1.8%.

Looking ahead, revenues are expected to increase by an average of 13% per year over the next three years, compared to a growth forecast of 19% for China's machinery industry.

performance of China's machinery industry.

The company's stock price rose 6.3% from the previous week.

risk analysis

Before you take the next step, you need to know the following: 1 warning sign for Zoomlion Heavy Industry Science and Technology What we discovered.

Valuation is complex, but we help make it simple.

Please check it out Zoomlion Heavy Industries Science and Technology Could be overvalued or undervalued, check out our comprehensive analysis. Fair value estimates, risks and caveats, dividends, insider trading, and financial health.

See free analysis

Have feedback on this article? Curious about its content? contact Please contact us directly. Alternatively, email our editorial team at Simplywallst.com.

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



Source link