Stock Analysis
- China
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- SZSE:001269
Inner Mongolia OJing Science & Technology Second Quarter 2024 Earnings: CN¥0.77 loss per share (vs CN¥1.23 profit in 2Q 2023)
Inner Mongolia OJing Science & Technology (SZSE:001269) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥244.1m (down 70% from 2Q 2023).
- Net loss: CN¥147.4m (down by 163% from CN¥235.7m profit in 2Q 2023).
- CN¥0.77 loss per share (down from CN¥1.23 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Inner Mongolia OJing Science & Technology Earnings Insights
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.
Performance of the Chinese Semiconductor industry.
The company's shares are down 9.2% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Inner Mongolia OJing Science & Technology (1 doesn't sit too well with us) you should be aware of.
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About SZSE:001269
Inner Mongolia OJing Science & Technology
Inner Mongolia OJing Science & Technology Co., Ltd.