Chengdu ALD Aviation Manufacturing Third Quarter 2024 Earnings: CN¥0.003 loss per share (vs CN¥0.018 profit in 3Q 2023)

Chengdu ALD Aviation Manufacturing (SZSE:300696) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥61.6m (up 74% from 3Q 2023).
• Net loss: CN¥1.05m (down by 119% from CN¥5.53m profit in 3Q 2023).
• CN¥0.003 loss per share (down from CN¥0.018 profit in 3Q 2023).

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

Chengdu ALD Aviation Manufacturing Earnings Insights

Looking ahead, revenue is forecast to grow 24% 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 down 4.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Chengdu ALD Aviation Manufacturing that you need to take into consideration.

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