Hangzhou Silan MicroelectronicsLtd Third Quarter 2024 Earnings: EPS Misses Expectations

Hangzhou Silan MicroelectronicsLtd (SHSE:600460) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥2.89b (up 19% from 3Q 2023).
• Net income: CN¥53.8m (up from CN¥148.0m loss in 3Q 2023).
• Profit margin: 1.9% (up from net loss in 3Q 2023).
• EPS: CN¥0.054 (up from CN¥0.096 loss in 3Q 2023).

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

Hangzhou Silan MicroelectronicsLtd EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 49%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

The company's shares are up 8.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Hangzhou Silan MicroelectronicsLtd you should know about.

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