Stock Analysis
- China
- /
- Trade Distributors
- /
- SZSE:000906
Zhejiang Development GroupLtd Second Quarter 2024 Earnings: EPS: CN¥0.091 (vs CN¥0.26 in 2Q 2023)
Zhejiang Development GroupLtd (SZSE:000906) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥54.2b (flat on 2Q 2023).
- Net income: CN¥74.2m (down 62% from 2Q 2023).
- Profit margin: 0.1% (down from 0.4% in 2Q 2023).
- EPS: CN¥0.091 (down from CN¥0.26 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhejiang Development GroupLtd Earnings Insights
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Trade Distributors industry in China.
Performance of the Chinese Trade Distributors industry.
The company's shares are down 11% from a week ago.
Risk Analysis
You should learn about the 5 warning signs we've spotted with Zhejiang Development GroupLtd (including 2 which are concerning).
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Discover if Zhejiang Development GroupLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SZSE:000906
Zhejiang Development GroupLtd
Engages in the commodity, financial leasing, online retailing, car sale and after service, and warehousing logistics service businesses in China and internationally.