Chuzhou Duoli Automotive Technology (SZSE:001311) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥3.91b (up 17% from FY 2022).
- Net income: CN¥496.6m (up 11% from FY 2022).
- Profit margin: 13% (in line with FY 2022).
- EPS: CN¥2.79.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Chuzhou Duoli Automotive Technology Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 14%.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China.
Performance of the Chinese Auto Components industry.
The company’s shares are down 3.0% from a week ago.
Risk Analysis
It’s necessary to consider the ever-present spectre of investment risk. We’ve identified 2 warning signs with Chuzhou Duoli Automotive Technology (at least 1 which shouldn’t be ignored), and understanding these should be part of your investment process.
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Find out whether Chuzhou Duoli Automotive Technology 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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