Stock Analysis
- China
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- Medical Equipment
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- SZSE:300412
Zhejiang Canaan Technology Second Quarter 2024 Earnings: EPS: CN¥0.03 (vs CN¥0.012 in 2Q 2023)
Zhejiang Canaan Technology (SZSE:300412) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥333.9m (up 20% from 2Q 2023).
- Net income: CN¥17.9m (up 114% from 2Q 2023).
- Profit margin: 5.4% (up from 3.0% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.03 (up from CN¥0.012 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhejiang Canaan Technology shares are up 15% from a week ago.
Risk Analysis
Be aware that Zhejiang Canaan Technology is showing 2 warning signs in our investment analysis and 1 of those is a bit unpleasant...
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About SZSE:300412
Zhejiang Canaan Technology
Engages in the research and development, production, and sale of pharmaceutical equipment in China and internationally.