Stock Analysis
Changzhou Tiansheng New Materials Group Second Quarter 2024 Earnings: EPS: CN¥0.024 (vs CN¥0.023 loss in 2Q 2023)
Changzhou Tiansheng New Materials Group (SZSE:300169) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥126.9m (down 9.9% from 2Q 2023).
- Net income: CN¥7.80m (up from CN¥7.51m loss in 2Q 2023).
- Profit margin: 6.1% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses.
- EPS: CN¥0.024 (up from CN¥0.023 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Changzhou Tiansheng New Materials Group's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Changzhou Tiansheng New Materials Group is showing 1 warning sign in our investment analysis that you should know about...
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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.
About SZSE:300169
Changzhou Tiansheng New Materials Group
Engages in the research and development, production, and sale of polymer foam materials in China.
