Xinjiang Tianye Water Saving Irrigation System First Half 2024 Earnings: EPS: CN¥0.032 (vs CN¥0.01 in 1H 2023)
Xinjiang Tianye Water Saving Irrigation System (HKG:840) First Half 2024 Results
Key Financial Results
- Revenue: CN¥1.02b (up 9.6% from 1H 2023).
- Net income: CN¥16.5m (up 228% from 1H 2023).
- Profit margin: 1.6% (up from 0.5% in 1H 2023).
- EPS: CN¥0.032 (up from CN¥0.01 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Xinjiang Tianye Water Saving Irrigation System shares are up 2.6% from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for Xinjiang Tianye Water Saving Irrigation System (1 makes us a bit uncomfortable!) that you should be aware of before investing here.
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About SEHK:840
Xinjiang Tianye Water Saving Irrigation System
Designs, manufactures, and sells drip tapes, PVC/PE pipelines, and drip assemblies for use in agricultural water saving irrigation systems in the People's Republic of China.
Excellent balance sheet and good value.