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- SZSE:301195
Nanjing Bestway Intelligent Control Technology Second Quarter 2024 Earnings: EPS: CN¥0.36 (vs CN¥0.44 in 2Q 2023)
Nanjing Bestway Intelligent Control Technology (SZSE:301195) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥272.1m (up 12% from 2Q 2023).
- Net income: CN¥46.6m (down 19% from 2Q 2023).
- Profit margin: 17% (down from 24% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.36 (down from CN¥0.44 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nanjing Bestway Intelligent Control Technology Earnings Insights
Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China.
Performance of the Chinese Electronic industry.
The company's shares are down 1.8% from a week ago.
Valuation
It's possible that Nanjing Bestway Intelligent Control Technology could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.
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About SZSE:301195
Nanjing Bestway Intelligent Control Technology
Nanjing Bestway Intelligent Control Technology Co., Ltd.
Flawless balance sheet and undervalued.