Shenzhen Kinwong Electronic Second Quarter 2024 Earnings: EPS: CN¥0.40 (vs CN¥0.23 in 2Q 2023)

Simply Wall St · 09/01 00:08

Shenzhen Kinwong Electronic (SHSE:603228) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥3.12b (up 19% from 2Q 2023).
  • Net income: CN¥338.6m (up 76% from 2Q 2023).
  • Profit margin: 11% (up from 7.3% in 2Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥0.40 (up from CN¥0.23 in 2Q 2023).
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SHSE:603228 Earnings and Revenue Growth September 1st 2024

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

Shenzhen Kinwong Electronic Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.

Performance of the Chinese Electronic industry.

The company's shares are up 3.3% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Shenzhen Kinwong Electronic that we have uncovered.