Shenzhen Huaqiang Industry Second Quarter 2024 Earnings: EPS: CN¥0.11 (vs CN¥0.14 in 2Q 2023)

Simply Wall St · 09/01 00:26

Shenzhen Huaqiang Industry (SZSE:000062) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥5.92b (up 23% from 2Q 2023).
  • Net income: CN¥119.2m (down 16% from 2Q 2023).
  • Profit margin: 2.0% (down from 2.9% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.11 (down from CN¥0.14 in 2Q 2023).
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SZSE:000062 Earnings and Revenue History September 1st 2024

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

Shenzhen Huaqiang Industry shares are up 52% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with Shenzhen Huaqiang Industry (at least 3 which are concerning), and understanding these should be part of your investment process.