Zhejiang Hongxin Technology Third Quarter 2024 Earnings: EPS: CN¥0.097 (vs CN¥0.18 in 3Q 2023)

Zhejiang Hongxin Technology (SZSE:301539) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥267.6m (up 8.5% from 3Q 2023).
• Net income: CN¥14.6m (down 28% from 3Q 2023).
• Profit margin: 5.5% (down from 8.2% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.097 (down from CN¥0.18 in 3Q 2023).

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

Zhejiang Hongxin Technology shares are down 1.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Zhejiang Hongxin Technology you should be aware of, and 1 of them shouldn't be ignored.

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