Hangzhou Electronic Soul Network Technology Second Quarter 2024 Earnings: EPS: CN¥0.056 (vs CN¥0.16 in 2Q 2023)

Simply Wall St · 08/30 22:27

Hangzhou Electronic Soul Network Technology (SHSE:603258) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥134.6m (down 17% from 2Q 2023).
  • Net income: CN¥12.9m (down 67% from 2Q 2023).
  • Profit margin: 9.6% (down from 24% in 2Q 2023).
  • EPS: CN¥0.056 (down from CN¥0.16 in 2Q 2023).
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SHSE:603258 Earnings and Revenue Growth August 30th 2024

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

Hangzhou Electronic Soul Network Technology Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China.

Performance of the Chinese Entertainment industry.

The company's shares are up 3.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Hangzhou Electronic Soul Network Technology that you should be aware of.