- China
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- Electrical
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- SHSE:601311
Camel Group Second Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.10 in 2Q 2023)
Camel Group (SHSE:601311) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥4.07b (up 26% from 2Q 2023).
- Net income: CN¥157.9m (up 35% from 2Q 2023).
- Profit margin: 3.9% (up from 3.6% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.14 (up from CN¥0.10 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Camel Group Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in China.
Performance of the Chinese Electrical industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Camel Group you should know about.
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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:601311
Camel Group
Manufactures and sells green lead-acid and new energy lithium-ion batteries in Asia.
Excellent balance sheet with proven track record and pays a dividend.