Shijiazhuang Tonhe Electronics TechnologiesLtd Second Quarter 2024 Earnings: EPS: CN¥0.087 (vs CN¥0.12 in 2Q 2023)

Simply Wall St · 08/30 23:42

Shijiazhuang Tonhe Electronics TechnologiesLtd (SZSE:300491) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥281.0m (up 33% from 2Q 2023).
  • Net income: CN¥12.5m (down 38% from 2Q 2023).
  • Profit margin: 4.4% (down from 9.5% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.087 (down from CN¥0.12 in 2Q 2023).
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SZSE:300491 Earnings and Revenue Growth August 30th 2024

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

Shijiazhuang Tonhe Electronics TechnologiesLtd Earnings Insights

Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in China.

Performance of the Chinese Electrical industry.

The company's shares are up 5.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Shijiazhuang Tonhe Electronics TechnologiesLtd has 2 warning signs we think you should be aware of.