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Shenzhen EXC-LED TechnologyLtd Second Quarter 2024 Earnings: CN¥0.14 loss per share (vs CN¥0.026 profit in 2Q 2023)
Shenzhen EXC-LED TechnologyLtd (SZSE:300889) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥208.4m (down 13% from 2Q 2023).
- Net loss: CN¥21.2m (down from CN¥4.03m profit in 2Q 2023).
- CN¥0.14 loss per share (down from CN¥0.026 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shenzhen EXC-LED TechnologyLtd's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Shenzhen EXC-LED TechnologyLtd (1 shouldn't be ignored!) that you need to be mindful of.
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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:300889
Shenzhen EXC-LED TechnologyLtd
Engages in the research and development, design, production, sale, and service of LED products for city and architectural lighting.
Mediocre balance sheet and slightly overvalued.