Shenzhen Capol International & Associatesco.Ltd Second Quarter 2024 Earnings: EPS: CN¥0.29 (vs CN¥0.34 in 2Q 2023)

Simply Wall St · 08/30 22:35

Shenzhen Capol International & Associatesco.Ltd (SZSE:002949) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥290.7m (down 35% from 2Q 2023).
  • Net income: CN¥56.1m (down 15% from 2Q 2023).
  • Profit margin: 19% (up from 15% in 2Q 2023). The increase in margin was driven by lower expenses.
  • EPS: CN¥0.29 (down from CN¥0.34 in 2Q 2023).
earnings-and-revenue-growth
SZSE:002949 Earnings and Revenue Growth August 30th 2024

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

Shenzhen Capol International & Associatesco.Ltd Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Professional Services industry in China.

Performance of the Chinese Professional Services industry.

The company's shares are up 7.7% from a week ago.

Valuation

Following the latest earnings results, Shenzhen Capol International & Associatesco.Ltd may be undervalued based on 6 different valuation benchmarks we assess. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.