Fujian Longxi Bearing (Group) Second Quarter 2024 Earnings: EPS: CN¥0.073 (vs CN¥0.12 in 2Q 2023)
Fujian Longxi Bearing (Group) (SHSE:600592) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥512.2m (up 1.7% from 2Q 2023).
- Net income: CN¥29.1m (down 39% from 2Q 2023).
- Profit margin: 5.7% (down from 9.5% in 2Q 2023).
- EPS: CN¥0.073 (down from CN¥0.12 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fujian Longxi Bearing (Group) shares are down 4.6% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Fujian Longxi Bearing (Group) that we have uncovered.
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 SHSE:600592
Fujian Longxi Bearing (Group)
Produces and sells spherical plain bearings, tapered roller bearings, rolling components, and high-end mechanical parts in China and internationally.
Excellent balance sheet second-rate dividend payer.