Zhejiang Sling Automobile Bearing Reports Second Quarter 2024 Earnings

Simply Wall St · 08/30 22:22

Zhejiang Sling Automobile Bearing (SZSE:301550) Second Quarter 2024 Results

Key Financial Results

  • Net income: CN¥47.5m (up by CN¥47.5m from 2Q 2023).
  • EPS: CN¥0.43.
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SZSE:301550 Earnings and Revenue Growth August 30th 2024

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

Zhejiang Sling Automobile Bearing Earnings Insights

Looking ahead, revenue is forecast to grow 21% 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 share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Zhejiang Sling Automobile Bearing (including 1 which can't be ignored).