Shanghai SK Automation TechnologyLtd Second Quarter 2024 Earnings: EPS: CN¥0.68 (vs CN¥0.12 loss in 2Q 2023)

Simply Wall St · 09/01 00:09

Shanghai SK Automation TechnologyLtd (SHSE:688155) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥683.2m (up 15% from 2Q 2023).
  • Net income: CN¥81.2m (up from CN¥11.3m loss in 2Q 2023).
  • Profit margin: 12% (up from net loss in 2Q 2023).
  • EPS: CN¥0.68 (up from CN¥0.12 loss in 2Q 2023).
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SHSE:688155 Earnings and Revenue Growth September 1st 2024

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

Shanghai SK Automation TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China.

Performance of the Chinese Auto Components industry.

The company's shares are up 5.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Shanghai SK Automation TechnologyLtd has 1 warning sign we think you should be aware of.