Beijing Jingwei Hirain Technologies Third Quarter 2024 Earnings: CN¥0.67 loss per share (vs CN¥0.43 loss in 3Q 2023)

Beijing Jingwei Hirain Technologies (SHSE:688326) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.52b (up 31% from 3Q 2023).
• Net loss: CN¥76.8m (loss widened by 50% from 3Q 2023).
• CN¥0.67 loss per share (further deteriorated from CN¥0.43 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Beijing Jingwei Hirain Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China.

Performance of the Chinese Auto Components industry.

The company's shares are down 1.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Beijing Jingwei Hirain Technologies has 1 warning sign we think you should be aware of.

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