Stock Analysis

Ningbo PIA Automation Holding Second Quarter 2024 Earnings: EPS: CN¥0.006 (vs CN¥0.016 in 2Q 2023)

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SHSE:688306

Ningbo PIA Automation Holding (SHSE:688306) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥641.4m (down 17% from 2Q 2023).
  • Net income: CN¥7.88m (down 60% from 2Q 2023).
  • Profit margin: 1.2% (down from 2.5% in 2Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.006 (down from CN¥0.016 in 2Q 2023).
SHSE:688306 Earnings and Revenue History August 26th 2024

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

Ningbo PIA Automation Holding shares are down 4.5% from a week ago.

Risk Analysis

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About SHSE:688306

Ningbo PIA Automation Holding

Engages in the research and development, production, sales, and service of complete assembly and testing intelligent manufacturing equipment, industrial robots, and industrial digital intelligent software in the fields of automobile industry, industrial electromechanical, consumer goods, and medical health in China and internationally.