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Zhejiang Tiancheng Controls Third Quarter 2024 Earnings: EPS: CN¥0.031 (vs CN¥0.011 in 3Q 2023)
Zhejiang Tiancheng Controls (SHSE:603085) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥577.5m (up 61% from 3Q 2023).
- Net income: CN¥10.5m (up 103% from 3Q 2023).
- Profit margin: 1.8% (up from 1.4% in 3Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.031 (up from CN¥0.011 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhejiang Tiancheng Controls shares are up 7.1% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Zhejiang Tiancheng Controls that you should be aware of.
Valuation is complex, but we're here to simplify it.
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About SHSE:603085
Zhejiang Tiancheng Controls
Engages in the research, development, production, sale, and service of automobile seats in China and internationally.
Acceptable track record and overvalued.