Stock Analysis
Zhejiang TaitanLtd Second Quarter 2024 Earnings: EPS: CN¥0.19 (vs CN¥0.24 in 2Q 2023)
Zhejiang TaitanLtd (SZSE:003036) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥452.9m (up 17% from 2Q 2023).
- Net income: CN¥42.0m (down 18% from 2Q 2023).
- Profit margin: 9.3% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.19 (down from CN¥0.24 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhejiang TaitanLtd shares are down 8.8% from a week ago.
Risk Analysis
Be aware that Zhejiang TaitanLtd is showing 2 warning signs in our investment analysis and 1 of those shouldn't be ignored...
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About SZSE:003036
Zhejiang TaitanLtd
Engages in the research and development, production, and sale of textile machinery in China.