Stock Analysis
- China
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- SZSE:002264
New Huadu Technology First Quarter 2024 Earnings: EPS: CN¥0.13 (vs CN¥0.21 in 1Q 2023)
New Huadu Technology (SZSE:002264) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.40b (up 360% from 1Q 2023).
- Net income: CN¥93.7m (down 51% from 1Q 2023).
- Profit margin: 6.7% (down from 63% in 1Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.13 (down from CN¥0.21 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
New Huadu Technology shares are down 2.2% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for New Huadu Technology that you need to take into consideration.
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About SZSE:002264
New Huadu Technology
Engages in the Internet marketing business in China.
Solid track record with excellent balance sheet.