trending Market Intelligence /marketintelligence/en/news-insights/trending/YjzAC7ueEjGIYjR9CKhlDg2 content esgSubNav
In This List

Shenzhen China Bicycle Q2 profit climbs 23.3% YOY


HDFC Securities Investment Research Now Available through S&P Capital IQ Pro


MediaTalk | Season 2
Ep.2 Back to the Box Office


The Marriage of Two Best-in-Class Solutions Delivers a Significant Advancement in Data Visualization and Technical Analysis

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks

Shenzhen China Bicycle Q2 profit climbs 23.3% YOY

Shenzhen China Bicycle Co. (Holdings) Ltd. said its normalized net income for the second quarter came to 155,540 yuan, a gain of 23.3% from 126,150 yuan in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 0.6% from 0.2% in the year-earlier period.

Total revenue declined 19.3% on an annual basis to 43.8 million yuan from 54.2 million yuan, and total operating expenses decreased 19.3% from the prior-year period to 43.5 million yuan from 54.0 million yuan.

Reported net income rose on an annual basis to 302,000 yuan, or 0 fen per share, from 143,840 yuan, or 0 fen per share.

As of Aug. 25, US$1 was equivalent to 6.66 yuan.