JoulWatt Technology (SHSE:688141) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥1.33b (down 8.0% from FY 2022).
- Net loss: CN¥535.3m (down by 490% from CN¥137.2m profit in FY 2022).
- CN¥1.20 loss per share (down from CN¥0.35 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
JoulWatt Technology Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) also missed analyst estimates by 34%.
Looking ahead, revenue is forecast to grow 26% 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 13% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for JoulWatt Technology that you should be aware of.
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About SHSE:688141
JoulWatt Technology
An analog integrated circuit design company, engages in the research and development, and sale of integrated circuits in China.
Flawless balance sheet with high growth potential.
