Stock Analysis
- China
- /
- Professional Services
- /
- SZSE:300712
Fujian Yongfu Power EngineeringLtd Second Quarter 2024 Earnings: EPS: CN¥0.064 (vs CN¥0.037 in 2Q 2023)
Fujian Yongfu Power EngineeringLtd (SZSE:300712) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥562.7m (up 8.1% from 2Q 2023).
- Net income: CN¥12.1m (up 77% from 2Q 2023).
- Profit margin: 2.1% (up from 1.3% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.064 (up from CN¥0.037 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fujian Yongfu Power EngineeringLtd Earnings Insights
Looking ahead, revenue is forecast to grow 58% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Professional Services industry in China.
Performance of the Chinese Professional Services industry.
The company's shares are down 2.7% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Fujian Yongfu Power EngineeringLtd has 2 warning signs we think you should be aware of.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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:300712
Fujian Yongfu Power EngineeringLtd
Provides solutions for power and energy systems in China and internationally.