Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.19 in 2Q 2020)
The company reported a strong second quarter result with improved earnings, revenues and profit margins.Second quarter 2021 results:
- Revenue: CN¥87.8b (up 64% from 2Q 2020).
- Net income: CN¥8.27b (up 84% from 2Q 2020).
- Profit margin: 9.4% (up from 8.4% in 2Q 2020).
Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.