Jiaxing ZMAX Optech (SHSE:688307) H1 2024 Results
Key financial results
- Sales: CN¥192.5 million (up 14% compared to H1 2023).
- Net profit: CN¥20.4 million (up 182% from H1 2023).
- Profit margin: 11% (compared to 4.3% in H1 2023). The increase in margin is due to higher sales.
- Earnings per share: CN¥0.23 (compared to CN¥0.11 in H1 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
Jiaxing ZMAX Optech Earnings Insights
An average sales growth of 29% per year is expected for the next three years. In contrast, growth of 18% is forecast for the electronics industry in China.
Performance of Chinese electronics industry.
The company’s share price remained largely unchanged compared to the previous week.
Risk analysis
However, it is worth noting that we have found 1 warning sign for Jiaxing ZMAX Optech that you need to take into account.
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