Tiandi Science & TechnologyLtd Second Quarter 2024 Earnings: EPS: CN¥0.20 (vs CN¥0.18 in 2Q 2023)

Simply Wall St · 08/30 22:06

Tiandi Science & TechnologyLtd (SHSE:600582) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥7.52b (down 4.8% from 2Q 2023).
  • Net income: CN¥840.1m (up 10% from 2Q 2023).
  • Profit margin: 11% (up from 9.6% in 2Q 2023). The increase in margin was driven by lower expenses.
  • EPS: CN¥0.20 (up from CN¥0.18 in 2Q 2023).
earnings-and-revenue-growth
SHSE:600582 Earnings and Revenue Growth August 30th 2024

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

Tiandi Science & TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Tiandi Science & TechnologyLtd you should know about.