Stock Analysis

Tonze New Energy TechnologyLtd Third Quarter 2024 Earnings: CN¥0.13 loss per share (vs CN¥0.005 profit in 3Q 2023)

Simply Wall St

Published November 01, 2024

Tonze New Energy TechnologyLtd (SZSE:002759) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥555.8m (down 4.0% from 3Q 2023).
Net loss: CN¥60.8m (down from CN¥2.76m profit in 3Q 2023).
CN¥0.13 loss per share (down from CN¥0.005 profit in 3Q 2023).

SZSE:002759 Earnings and Revenue History November 1st 2024

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

Tonze New Energy TechnologyLtd shares are up 11% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Tonze New Energy TechnologyLtd (of which 1 can't be ignored!) you should know about.

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Discover if Tonze New Energy TechnologyLtd 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.