Shenzhen H&T Intelligent ControlLtd First Quarter 2024 Earnings: EPS: CN¥0.10 (vs CN¥0.088 in 1Q 2023)

Shenzhen H&T Intelligent ControlLtd (SZSE:002402) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.98b (up 21% from 1Q 2023).
• Net income: CN¥96.6m (up 18% from 1Q 2023).
• Profit margin: 4.9% (down from 5.0% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.10 (up from CN¥0.088 in 1Q 2023).

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

Shenzhen H&T Intelligent ControlLtd Earnings Insights

Looking ahead, revenue is forecast to grow 22% 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 2.2% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Shenzhen H&T Intelligent ControlLtd that you should be aware of.

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