- Hong Kong
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- Metals and Mining
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- SEHK:826
Tiangong International First Half 2024 Earnings: EPS: CN¥0.067 (vs CN¥0.079 in 1H 2023)
Tiangong International (HKG:826) First Half 2024 Results
Key Financial Results
- Revenue: CN¥2.52b (up 1.0% from 1H 2023).
- Net income: CN¥184.4m (down 16% from 1H 2023).
- Profit margin: 7.3% (down from 8.8% in 1H 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.067 (down from CN¥0.079 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tiangong International Earnings Insights
Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Metals and Mining industry in Hong Kong.
Performance of the Hong Kong Metals and Mining industry.
The company's shares are up 2.4% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Tiangong International's balance sheet health.
Valuation is complex, but we're here to simplify it.
Discover if Tiangong International 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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About SEHK:826
Tiangong International
Manufactures and sells alloy steel, cutting tools, titanium alloys, and related products in the People’s Republic of China, North America, Europe, other Asian countries, and internationally.
Excellent balance sheet and slightly overvalued.