Shenzhen United Winners Laser Third Quarter 2024 Earnings: EPS: CN¥0.13 (vs CN¥0.16 in 3Q 2023)

Shenzhen United Winners Laser (SHSE:688518) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥743.8m (down 13% from 3Q 2023).
• Net income: CN¥43.6m (down 19% from 3Q 2023).
• Profit margin: 5.9% (down from 6.3% in 3Q 2023).
• EPS: CN¥0.13 (down from CN¥0.16 in 3Q 2023).

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

Shenzhen United Winners Laser Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

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

Risk Analysis

It is worth noting though that we have found 3 warning signs for Shenzhen United Winners Laser (1 makes us a bit uncomfortable!) that you need to take into consideration.

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