Zhejiang Hongchang Electrical Technology Third Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.23 in 3Q 2023)

Zhejiang Hongchang Electrical Technology (SZSE:301008) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥258.2m (up 6.1% from 3Q 2023).
• Net income: CN¥13.2m (down 47% from 3Q 2023).
• Profit margin: 5.1% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.12 (down from CN¥0.23 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Zhejiang Hongchang Electrical Technology shares are up 28% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Zhejiang Hongchang Electrical Technology (including 1 which is potentially serious).

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