Will Semiconductor Third Quarter 2024 Earnings: EPS: CN¥0.84 (vs CN¥0.18 in 3Q 2023)

Will Semiconductor (SHSE:603501) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥6.82b (up 9.5% from 3Q 2023).
• Net income: CN¥1.01b (up 368% from 3Q 2023).
• Profit margin: 15% (up from 3.5% in 3Q 2023). The increase in margin was primarily driven by higher revenue.
• EPS: CN¥0.84 (up from CN¥0.18 in 3Q 2023).

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

Will Semiconductor Earnings Insights

Looking ahead, revenue is forecast to grow 15% 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 1.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Will Semiconductor's balance sheet and an in-depth analysis of the company's financial position.

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