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Zhejiang Meili High Technology Second Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.051 in 2Q 2023)
Zhejiang Meili High Technology (SZSE:300611) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥416.1m (up 26% from 2Q 2023).
- Net income: CN¥30.6m (up 205% from 2Q 2023).
- Profit margin: 7.4% (up from 3.0% in 2Q 2023).
- EPS: CN¥0.14 (up from CN¥0.051 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhejiang Meili High Technology shares are up 2.1% 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 Zhejiang Meili High Technology (at least 2 which don't sit too well with us), and understanding these should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if Zhejiang Meili High Technology might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SZSE:300611
Zhejiang Meili High Technology
Engages in the research and development, production, and sale of high-end spring products and precision injection molded parts in China and internationally.