Shenzhen UTIMES Intelligent Equipment Third Quarter 2024 Earnings: CN¥0.41 loss per share (vs CN¥0.13 profit in 3Q 2023)
Shenzhen UTIMES Intelligent Equipment (SHSE:688638) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥142.4m (down 47% from 3Q 2023).
- Net loss: CN¥23.1m (down by 460% from CN¥6.43m profit in 3Q 2023).
- CN¥0.41 loss per share (down from CN¥0.13 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shenzhen UTIMES Intelligent Equipment shares are up 5.5% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Shenzhen UTIMES Intelligent Equipment, and understanding it should be part of your investment process.
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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.
About SHSE:688638
Shenzhen UTIMES Intelligent Equipment
Shenzhen UTIMES Intelligent Equipment Co., Ltd.
Mediocre balance sheet and slightly overvalued.
