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East China Engineering Science and Technology Second Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.19 in 2Q 2023)
East China Engineering Science and Technology (SZSE:002140) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥2.55b (down 2.9% from 2Q 2023).
- Net income: CN¥87.8m (down 33% from 2Q 2023).
- Profit margin: 3.4% (down from 5.0% in 2Q 2023).
- EPS: CN¥0.12 (down from CN¥0.19 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
East China Engineering Science and Technology Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China.
Performance of the Chinese Construction industry.
The company's shares are up 3.7% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for East China Engineering Science and Technology you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if East China Engineering Science and 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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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 SZSE:002140
East China Engineering Science and Technology
East China Engineering Science and Technology Co., Ltd.
Adequate balance sheet and fair value.