China Wafer Level CSP Third Quarter 2024 Earnings: EPS: CN¥0.11 (vs CN¥0.05 in 3Q 2023)

China Wafer Level CSP (SHSE:603005) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥294.5m (up 47% from 3Q 2023).
• Net income: CN¥74.4m (up 118% from 3Q 2023).
• Profit margin: 25% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.11 (up from CN¥0.05 in 3Q 2023).

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

China Wafer Level CSP Earnings Insights

Looking ahead, revenue is forecast to grow 29% 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 14% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of China Wafer Level CSP's balance sheet and an in-depth analysis of the company's financial position.

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