Baoding Tianwei Baobian ElectricLtd First Quarter 2024 Earnings: EPS: CN¥0.001 (vs CN¥0.003 in 1Q 2023)

Baoding Tianwei Baobian ElectricLtd (SHSE:600550) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥671.1m (up 15% from 1Q 2023).
• Net income: CN¥2.10m (down 63% from 1Q 2023).
• Profit margin: 0.3% (down from 1.0% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.001 (down from CN¥0.003 in 1Q 2023).

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

Baoding Tianwei Baobian ElectricLtd shares are up 4.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Baoding Tianwei Baobian ElectricLtd's balance sheet and an in-depth analysis of the company's financial position.

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