Stock Analysis
SDIC CapitalLtd (SHSE:600061) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥2.23b (down 39% from 2Q 2023).
- Net income: CN¥865.0m (up 5.2% from 2Q 2023).
- Profit margin: 39% (up from 23% in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SDIC CapitalLtd Earnings Insights
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Capital Markets industry in China.
Performance of the Chinese Capital Markets industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You still need to take note of risks, for example - SDIC CapitalLtd has 2 warning signs we think you should be aware of.
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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.
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About SHSE:600061
Good value with moderate growth potential.
