Stock Analysis
- China
- /
- Metals and Mining
- /
- SHSE:601686
Tianjin You Fa Steel Pipe Group Stock Second Quarter 2024 Earnings: EPS: CN¥0.078 (vs CN¥0.089 in 2Q 2023)
Tianjin You Fa Steel Pipe Group Stock (SHSE:601686) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥15.7b (down 4.0% from 2Q 2023).
- Net income: CN¥108.8m (down 9.9% from 2Q 2023).
- Profit margin: 0.7% (in line with 2Q 2023).
- EPS: CN¥0.078 (down from CN¥0.089 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tianjin You Fa Steel Pipe Group Stock Earnings Insights
Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China.
Performance of the Chinese Metals and Mining industry.
The company's shares are down 1.3% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Tianjin You Fa Steel Pipe Group Stock that we have uncovered.
Valuation is complex, but we're here to simplify it.
Discover if Tianjin You Fa Steel Pipe Group Stock might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About SHSE:601686
Tianjin You Fa Steel Pipe Group Stock
Tianjin You Fa Steel Pipe Group Stock Co., Ltd.