Stock Analysis

Zhejiang Hengtong HoldingLtd Second Quarter 2024 Earnings: EPS: CN¥0.02 (vs CN¥0.056 in 2Q 2023)

SHSE:600226
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Zhejiang Hengtong HoldingLtd (SHSE:600226) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥356.0m (up 134% from 2Q 2023).
  • Net income: CN¥53.4m (down 20% from 2Q 2023).
  • Profit margin: 15% (down from 44% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.02 (down from CN¥0.056 in 2Q 2023).
earnings-and-revenue-history
SHSE:600226 Earnings and Revenue History August 23rd 2024

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

Zhejiang Hengtong HoldingLtd shares are down 5.8% from a week ago.

Risk Analysis

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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.