Shandong Hiking InternationalLtd Second Quarter 2024 Earnings: EPS: CN¥0.032 (vs CN¥0.052 in 2Q 2023)

Simply Wall St · 08/31 00:02

Shandong Hiking InternationalLtd (SHSE:600735) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥420.5m (down 24% from 2Q 2023).
  • Net income: CN¥13.9m (down 38% from 2Q 2023).
  • Profit margin: 3.3% (down from 4.0% in 2Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.032 (down from CN¥0.052 in 2Q 2023).
earnings-and-revenue-history
SHSE:600735 Earnings and Revenue History August 31st 2024

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

Shandong Hiking InternationalLtd shares are up 4.6% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Shandong Hiking InternationalLtd (at least 1 which is a bit concerning), and understanding them should be part of your investment process.