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Nanjing Xinlian Electronics Second Quarter 2024 Earnings: CN¥0.03 loss per share (vs CN¥0.031 profit in 2Q 2023)
Nanjing Xinlian Electronics (SZSE:002546) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥184.0m (up 11% from 2Q 2023).
- Net loss: CN¥24.6m (down by 195% from CN¥26.0m profit in 2Q 2023).
- CN¥0.03 loss per share (down from CN¥0.031 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nanjing Xinlian Electronics' share price is broadly unchanged 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 Nanjing Xinlian Electronics (1 makes us a bit uncomfortable!) that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if Nanjing Xinlian Electronics 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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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:002546
Nanjing Xinlian Electronics
Manufactures power consumption information collection systems for power grid enterprises and enterprise users in China.
Excellent balance sheet average dividend payer.