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Zhejiang Huace Film & TV Second Quarter 2024 Earnings: EPS: CN¥0.02 (vs CN¥0.05 in 2Q 2023)
Zhejiang Huace Film & TV (SZSE:300133) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥191.0m (up 11% from 2Q 2023).
- Net income: CN¥41.2m (down 56% from 2Q 2023).
- Profit margin: 22% (down from 54% in 2Q 2023).
- EPS: CN¥0.02 (down from CN¥0.05 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhejiang Huace Film & TV Earnings Insights
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Entertainment industry in China.
Performance of the Chinese Entertainment industry.
The company's shares are up 1.9% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Zhejiang Huace Film & TV that you need to take into consideration.
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About SZSE:300133
Zhejiang Huace Film & TV
Engages in the production, distribution, and derivative of film and television dramas in China and internationally.
Flawless balance sheet with high growth potential and pays a dividend.