Sichuan Huafeng Technology Third Quarter 2024 Earnings: CN¥0.071 loss per share (vs CN¥0.005 profit in 3Q 2023)

Sichuan Huafeng Technology (SHSE:688629) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥265.1m (up 30% from 3Q 2023).
• Net loss: CN¥30.7m (down from CN¥2.05m profit in 3Q 2023).
• CN¥0.071 loss per share (down from CN¥0.005 profit in 3Q 2023).

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

Sichuan Huafeng Technology Earnings Insights

Looking ahead, revenue is forecast to grow 41% 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 up 2.4% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Sichuan Huafeng Technology that you need to be mindful of.

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