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ChengDu Hi-Tech Development First Quarter 2024 Earnings: EPS: CN¥0.098 (vs CN¥0.089 in 1Q 2023)
ChengDu Hi-Tech Development (SZSE:000628) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.16b (up 27% from 1Q 2023).
- Net income: CN¥34.5m (up 9.7% from 1Q 2023).
- Profit margin: 3.0% (down from 3.5% in 1Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.098 (up from CN¥0.089 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ChengDu Hi-Tech Development shares are up 12% from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for ChengDu Hi-Tech Development that you should be aware of before investing here.
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About SZSE:000628
ChengDu Hi-Tech Development
ChengDu Hi-Tech Development Co., Ltd. engages in the construction, futures brokerage, kitchen cabinet manufacturing, real estate, and other businesses in China.
Proven track record with mediocre balance sheet.