Zhejiang Southeast Space Frame Second Quarter 2024 Earnings: EPS: CN¥0.032 (vs CN¥0.07 in 2Q 2023)

Simply Wall St · 09/01 02:32

Zhejiang Southeast Space Frame (SZSE:002135) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥3.23b (down 3.4% from 2Q 2023).
  • Net income: CN¥39.2m (down 51% from 2Q 2023).
  • Profit margin: 1.2% (down from 2.4% in 2Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.032 (down from CN¥0.07 in 2Q 2023).
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SZSE:002135 Earnings and Revenue Growth September 1st 2024

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

Zhejiang Southeast Space Frame Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China.

Performance of the Chinese Construction industry.

The company's shares are up 1.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Zhejiang Southeast Space Frame (1 makes us a bit uncomfortable) you should be aware of.