Wenfeng Great World Chain Development (SHSE:601010) Second Quarter 2024 Results
Key financial results
- Sales: CN¥442.9 million (16% less than in Q2 2023).
- Net income: CN¥19.5 million (46% lower than Q2 2023).
- Profit margin: 4.4% (compared to 6.8% in Q2 2023). The margin decline was due to lower sales.
- Earnings per share: CN¥0.01 (compared to CN¥0.02 in Q2 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
Wenfeng Great World Chain Development shares rose 4.0% compared to the previous week.
Risk analysis
Before we conclude, we found out 2 warning signals for the development of the Wenfeng Great World Chain (1 is a bit worrying!) that you should know about.
Valuation is complex, but we are here to simplify it.
Discover whether Wenfeng Great World Chain Development could be undervalued or overvalued with our detailed analysis, with Fair value estimates, potential risks, dividends, insider trading and the company’s financial condition.
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