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CIG ShangHai Second Quarter 2024 Earnings: EPS: CN¥0.20 (vs CN¥0.32 in 2Q 2023)
CIG ShangHai (SHSE:603083) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥912.9m (up 37% from 2Q 2023).
- Net income: CN¥54.0m (down 36% from 2Q 2023).
- Profit margin: 5.9% (down from 13% in 2Q 2023).
- EPS: CN¥0.20 (down from CN¥0.32 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CIG ShangHai shares are down 5.1% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for CIG ShangHai that 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 SHSE:603083
CIG ShangHai
Engages in the research, development, manufacture, and sale of computing, optical module, and industrial interconnection products worldwide.
Excellent balance sheet and slightly overvalued.
