Stock Analysis

Hitevision Second Quarter 2024 Earnings: EPS: CN¥0.52 (vs CN¥0.50 in 2Q 2023)

Published
SZSE:002955

Hitevision (SZSE:002955) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥1.02b (up 5.6% from 2Q 2023).
  • Net income: CN¥124.3m (up 3.7% from 2Q 2023).
  • Profit margin: 12% (in line with 2Q 2023).
  • EPS: CN¥0.52 (up from CN¥0.50 in 2Q 2023).
SZSE:002955 Earnings and Revenue Growth September 1st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hitevision Earnings Insights

Looking ahead, revenue is forecast to grow 23% 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 up 3.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Hitevision you should know about.

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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.