Stock Analysis
- China
- /
- Auto Components
- /
- SZSE:002406
Xuchang Yuandong Drive ShaftLtd Second Quarter 2024 Earnings: EPS: CN¥0.041 (vs CN¥0.039 in 2Q 2023)
Xuchang Yuandong Drive ShaftLtd (SZSE:002406) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥333.9m (up 1.7% from 2Q 2023).
- Net income: CN¥27.7m (up 8.1% from 2Q 2023).
- Profit margin: 8.3% (up from 7.8% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.041 (up from CN¥0.039 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Xuchang Yuandong Drive ShaftLtd shares are up 3.6% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Xuchang Yuandong Drive ShaftLtd (at least 1 which can't be ignored), and understanding these should be part of your investment process.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SZSE:002406
Xuchang Yuandong Drive ShaftLtd
Engages in the research, development, production, and sale of transmission drive shafts and related components in China.