Bethel Automotive Safety Systems Second Quarter 2024 Earnings: EPS: CN¥0.41 (vs CN¥0.33 in 2Q 2023)

Simply Wall St · 09/01 00:16

Bethel Automotive Safety Systems (SHSE:603596) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥2.11b (up 32% from 2Q 2023).
  • Net income: CN¥247.5m (up 35% from 2Q 2023).
  • Profit margin: 12% (in line with 2Q 2023).
  • EPS: CN¥0.41 (up from CN¥0.33 in 2Q 2023).
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SHSE:603596 Earnings and Revenue Growth September 1st 2024

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

Bethel Automotive Safety Systems Earnings Insights

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 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 13% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Bethel Automotive Safety Systems (including 1 which shouldn't be ignored).