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BGRIMM Technology Second Quarter 2024 Earnings: EPS: CN¥0.16 (vs CN¥0.12 in 2Q 2023)
BGRIMM Technology (SHSE:600980) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥276.6m (up 13% from 2Q 2023).
- Net income: CN¥29.5m (up 34% from 2Q 2023).
- Profit margin: 11% (up from 9.0% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.16 (up from CN¥0.12 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BGRIMM Technology shares are up 2.2% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on BGRIMM Technology's balance sheet.
Valuation is complex, but we're here to simplify it.
Discover if BGRIMM Technology might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SHSE:600980
BGRIMM Technology
Through its subsidiaries, engages in the research, development, production, and sale of mining and metallurgical equipment in the People’s Republic of China and internationally.
Solid track record with excellent balance sheet.