- China
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- General Merchandise and Department Stores
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- SZSE:000501
Wushang Group Second Quarter 2024 Earnings: EPS: CN¥0.02 (vs CN¥0.019 loss in 2Q 2023)
Wushang Group (SZSE:000501) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.69b (up 1.0% from 2Q 2023).
- Net income: CN¥15.1m (up from CN¥14.8m loss in 2Q 2023).
- Profit margin: 0.9% (up from net loss in 2Q 2023).
- EPS: CN¥0.02 (up from CN¥0.019 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Wushang Group Earnings Insights
Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Multiline Retail industry in China.
Performance of the Chinese Multiline Retail industry.
The company's shares are up 3.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Wushang Group has 2 warning signs (and 1 which can't be ignored) we think you should know about.
Valuation is complex, but we're here to simplify it.
Discover if Wushang Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SZSE:000501
Wushang Group
Engages in the commercial retail business in Hubei province, China.
Fair value with moderate growth potential.