Stock Analysis

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

Published
SZSE:300696

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).
SZSE:300696 Earnings and Revenue Growth October 31st 2024

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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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.