China Quanjude(Group)Ltd Second Quarter 2024 Earnings: EPS: CN¥0.046 (vs CN¥0.061 in 2Q 2023)

China Quanjude(Group)Ltd (SZSE:002186) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥329.2m (down 5.5% from 2Q 2023).
• Net income: CN¥14.0m (down 25% from 2Q 2023).
• Profit margin: 4.3% (down from 5.4% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.046 (down from CN¥0.061 in 2Q 2023).

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

China Quanjude(Group)Ltd shares are down 1.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on China Quanjude(Group)Ltd's balance sheet.

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