Jiangsu Ruitai New Energy Materials Second Quarter 2024 Earnings: EPS: CN¥0.09 (vs CN¥0.20 in 2Q 2023)

Simply Wall St · 09/01 00:14

Jiangsu Ruitai New Energy Materials (SZSE:301238) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥495.7m (down 48% from 2Q 2023).
  • Net income: CN¥65.3m (down 56% from 2Q 2023).
  • Profit margin: 13% (down from 16% in 2Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.09 (down from CN¥0.20 in 2Q 2023).
earnings-and-revenue-history
SZSE:301238 Earnings and Revenue History September 1st 2024

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

Jiangsu Ruitai New Energy Materials shares are up 5.7% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Jiangsu Ruitai New Energy Materials (1 doesn't sit too well with us!) that you should be aware of before investing here.