Stock Analysis

China New Energy First Half 2024 Earnings: CN¥0.005 loss per share (vs CN¥0.027 loss in 1H 2023)

SEHK:1156
Source: Shutterstock

China New Energy (HKG:1156) First Half 2024 Results

Key Financial Results

  • Revenue: CN¥36.6m (up 14% from 1H 2023).
  • Net loss: CN¥2.76m (loss narrowed by 83% from 1H 2023).
  • CN¥0.005 loss per share (improved from CN¥0.027 loss in 1H 2023).
earnings-and-revenue-history
SEHK:1156 Earnings and Revenue History September 30th 2024

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

China New Energy shares are down 1.8% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with China New Energy.

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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.