Stock Analysis
- China
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- Semiconductors
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- SHSE:688107
Shanghai Anlogic Infotech Second Quarter 2024 Earnings: CN¥0.17 loss per share (vs CN¥0.073 loss in 2Q 2023)
Shanghai Anlogic Infotech (SHSE:688107) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥175.5m (down 19% from 2Q 2023).
- Net loss: CN¥66.5m (loss widened by 127% from 2Q 2023).
- CN¥0.17 loss per share (further deteriorated from CN¥0.073 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shanghai Anlogic Infotech Earnings Insights
Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.
Performance of the Chinese Semiconductor industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Shanghai Anlogic Infotech 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.
About SHSE:688107
Shanghai Anlogic Infotech
Provides programmable logic device chips and software development supporting tools in China.