Shenzhen Jieshun Science and Technology IndustryLtd Second Quarter 2024 Earnings: EPS: CN¥0.046 (vs CN¥0.069 in 2Q 2023)

Simply Wall St · 09/01 01:09

Shenzhen Jieshun Science and Technology IndustryLtd (SZSE:002609) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥373.1m (down 12% from 2Q 2023).
  • Net income: CN¥31.4m (down 30% from 2Q 2023).
  • Profit margin: 8.4% (down from 11% in 2Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.046 (down from CN¥0.069 in 2Q 2023).
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SZSE:002609 Earnings and Revenue Growth September 1st 2024

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

Shenzhen Jieshun Science and Technology IndustryLtd Earnings Insights

Looking ahead, revenue is forecast to grow 18% 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 2.3% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Shenzhen Jieshun Science and Technology IndustryLtd that you need to take into consideration.