Stock Analysis
- China
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- Construction
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- SZSE:002061
Zhejiang Communications Technology Second Quarter 2024 Earnings: EPS: CN¥0.13 (vs CN¥0.12 in 2Q 2023)
Zhejiang Communications Technology (SZSE:002061) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥10.7b (down 3.9% from 2Q 2023).
- Net income: CN¥325.9m (flat on 2Q 2023).
- Profit margin: 3.0% (in line with 2Q 2023).
- EPS: CN¥0.13.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhejiang Communications Technology Earnings Insights
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Construction industry in China.
Performance of the Chinese Construction industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Zhejiang Communications Technology, and understanding this should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if Zhejiang Communications Technology 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:002061
Zhejiang Communications Technology
Zhejiang Communications Technology Co., Ltd.