Stock Analysis
- China
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- Semiconductors
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- SZSE:300493
Shanghai Fortune Techgroup Second Quarter 2024 Earnings: EPS: CN¥0.033 (vs CN¥0.02 in 2Q 2023)
Shanghai Fortune Techgroup (SZSE:300493) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥613.8m (up 16% from 2Q 2023).
- Net income: CN¥13.2m (up 1.9% from 2Q 2023).
- Profit margin: 2.1% (down from 2.4% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.033 (up from CN¥0.02 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shanghai Fortune Techgroup shares are up 9.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Shanghai Fortune Techgroup you should be aware of.
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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 SZSE:300493
Shanghai Fortune Techgroup
Provides semiconductor products and solutions in China.