---
title: "Qijing Machinery Full Year 2024 Earnings: EPS: CN¥0.35 (vs CN¥0.36 in FY 2023)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232939284.md"
description: "Qijing Machinery (SHSE:603677) reported its Full Year 2024 results, with revenue of CN¥2.00 billion, a 13% increase from FY 2023. However, net income fell by 2.5% to CN¥67.4 million, and EPS decreased to CN¥0.35 from CN¥0.36. The profit margin also declined to 3.4% due to higher expenses. Despite these challenges, Qijing Machinery's shares rose 32% over the past week. Investors should be aware of three warning signs regarding the company's performance."
datetime: "2025-03-24T09:36:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232939284.md)
  - [en](https://longbridge.com/en/news/232939284.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232939284.md)
---

# Qijing Machinery Full Year 2024 Earnings: EPS: CN¥0.35 (vs CN¥0.36 in FY 2023)

## Qijing Machinery (SHSE:603677) Full Year 2024 Results

### Key Financial Results

-   Revenue: CN¥2.00b (up 13% from FY 2023).
-   Net income: CN¥67.4m (down 2.5% from FY 2023).
-   Profit margin: 3.4% (down from 3.9% in FY 2023). The decrease in margin was driven by higher expenses.
-   EPS: CN¥0.35 (down from CN¥0.36 in FY 2023).

SHSE:603677 Earnings and Revenue History March 24th 2025

_All figures shown in the chart above are for the trailing 12 month (TTM) period_

Qijing Machinery shares are up 32% from a week ago.

### Risk Analysis

We don't want to rain on the parade too much, but we did also find **3 warning signs for Qijing Machinery** (2 don't sit too well with us!) that you need to be mindful of.

If you're looking to trade Qijing Machinery, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.

With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.

Sponsored Content

### Related Stocks

- [603677.CN](https://longbridge.com/en/quote/603677.CN.md)

## Related News & Research

- [Nippo lifts profits and cash, delivers hefty special dividend ahead of earnings plateau](https://longbridge.com/en/news/286837429.md)
- [11:05 ETThe Church of Jesus Christ of Latter-day Saints Commits $25 Million to the UNICEF-led Child Nutrition Fund](https://longbridge.com/en/news/287088476.md)
- [05:20 ETThrough the America's Most Artistic Kid Competition, Colossal Raises $1.6 Million While Celebrating the Next Gen of Creative Visionaries](https://longbridge.com/en/news/287037755.md)
- [Big Tree receives $591,900 payment in settlement of ADLP Promissory Note](https://longbridge.com/en/news/287065285.md)
- [PERIXX Unveils PERIBOARD-535 II — Low-Profile Ergonomic Mechanical Keyboard for Comfortable All-Day Typing](https://longbridge.com/en/news/286726795.md)