China Marine Information Electronics Third Quarter 2024 Earnings: EPS: CN¥0.10 (vs CN¥0.046 in 3Q 2023)

China Marine Information Electronics (SHSE:600764) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥714.4m (up 22% from 3Q 2023).
• Net income: CN¥73.7m (up 127% from 3Q 2023).
• Profit margin: 10% (up from 5.6% in 3Q 2023).
• EPS: CN¥0.10 (up from CN¥0.046 in 3Q 2023).

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

China Marine Information Electronics Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Aerospace & Defense industry in China.

Performance of the Chinese Aerospace & Defense industry.

The company's shares are up 4.8% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for China Marine Information Electronics that you should be aware of.

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