Reported Q: Q2 2023 Rev YoY: N/A EPS YoY: N/A Move: +9.35%
CCSC Technology
CCTG
$0.671 9.35%
Exchange NASDAQ Sector Industrials Industry Electrical Equipment Parts
Q2 2023
Published: Sep 30, 2023

Company Status Snapshot

Fast view of the latest quarter outcome for CCTG

Reported

Report Date

Sep 30, 2023

Quarter Q2 2023

Revenue

958.11K

YoY: N/A

EPS

0.00

YoY: N/A

Market Move

+9.35%

Previous quarter: N/A

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Earnings Highlights

  • Revenue of $0.96M up 0% year-over-year
  • EPS of $0.00 increased by 0% from previous year
  • Gross margin of 30.4%
  • Net income of 52.81K
  • "N/A" - N/A
CCTG
Company CCTG

Executive Summary

QQ2 2023 (period ended 2023-09-30) delivered a sharp QoQ revenue decline for CCSC Technology International Holdings Limited (CCTG), with revenue falling to $0.958 million from $3.752 million in Q1 2023. Despite a negative operating margin of -3.79% in QQ2, the company posted a positive net income of $52.8 thousand driven by a substantial contribution from total other income (-$80.1 thousand negating the tax benefit) and a favorable pre-tax result. EBITDA stood at $90.5 thousand, yielding an EBITDA margin of about 9.45%. The strong liquidity metrics (current ratio 2.90, quick ratio 2.45, cash ratio 1.65) underpin balance sheet resilience even as operating profitability remains modest. The disconnect between operating performance and net income is primarily due to non-operating items which significantly influenced the bottom line. Management commentary from the QQ2 earnings call is not available in the provided transcript data, limiting direct insight into forward-looking guidance. From a valuation perspective, the stock exhibits ultra-high price multiples (P/E ~414.6x, P/S ~91.4x) despite a small-scale, volatile quarterly revenue base, underscoring the importance of close attention to order visibility, program wins, and cost control going forward.

Key Performance Indicators

Revenue
Stable
958.11K
QoQ: N/A | YoY: N/A
Gross Profit
Stable
291.18K
30.39% margin
QoQ: N/A | YoY: N/A
Operating Income
Stable
-36.33K
QoQ: N/A | YoY: N/A
Net Income
Stable
52.81K
QoQ: N/A | YoY: N/A
EPS
Stable
0.00
QoQ: N/A | YoY: N/A

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2026 1.08 -0.01 +13.1% View
Q2 2024 9.22 -0.06 +145.7% View
Q4 2023 7.25 -0.16 +0.0% View
Q3 2023 3.62 -0.08 +0.0% View
Q2 2023 0.96 0.00 +0.0% View