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- SHSE:600626
Shanghai Shenda Second Quarter 2024 Earnings: EPS: CN¥0.049 (vs CN¥0.038 loss in 2Q 2023)
Shanghai Shenda (SHSE:600626) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥3.17b (up 7.8% from 2Q 2023).
- Net income: CN¥64.5m (up from CN¥42.6m loss in 2Q 2023).
- Profit margin: 2.0% (up from net loss in 2Q 2023).
- EPS: CN¥0.049 (up from CN¥0.038 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shanghai Shenda shares are up 5.5% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Shanghai Shenda (1 is a bit unpleasant!) that you should be aware of before investing here.
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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 SHSE:600626
Shanghai Shenda
Engages in the import and export trading of textile products in China.
Excellent balance sheet and good value.