Stock Analysis
- China
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- SHSE:603100
Chongqing Chuanyi Automation Second Quarter 2024 Earnings: EPS: CN¥0.76 (vs CN¥0.42 in 2Q 2023)
Chongqing Chuanyi Automation (SHSE:603100) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥2.18b (up 7.0% from 2Q 2023).
- Net income: CN¥214.1m (flat on 2Q 2023).
- Profit margin: 9.8% (in line with 2Q 2023).
- EPS: CN¥0.76 (up from CN¥0.42 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Chongqing Chuanyi Automation Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.
Performance of the Chinese Electronic industry.
The company's shares are down 3.2% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Chongqing Chuanyi Automation (1 can't be ignored!) that you need to be mindful of.
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About SHSE:603100
Chongqing Chuanyi Automation
Researches, manufactures, and markets industrial auto-control systems and devices, and engineering integration services in China.