Warom Technology Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Warom Technology (SHSE:603855) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥3.96b (up 24% from FY 2023).
• Net income: CN¥462.3m (flat on FY 2023).
• Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥1.37.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

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

Warom Technology Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 9.7%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China.

Performance of the Chinese Electrical industry.

The company's shares are down 7.0% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Warom Technology's balance sheet and an in-depth analysis of the company's financial position.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.