JoulWatt Technology Third Quarter 2024 Earnings: CN¥0.38 loss per share (vs CN¥0.38 loss in 3Q 2023)

Simply Wall St

November 02, 2024

JoulWatt Technology (SHSE:688141) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥441.1m (up 24% from 3Q 2023).
Net loss: CN¥170.0m (loss narrowed by 1.8% from 3Q 2023).
CN¥0.38 loss per share.

earnings-and-revenue-growth — SHSE:688141 Earnings and Revenue Growth November 2nd 2024

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

JoulWatt Technology Earnings Insights

Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

The company's shares are down 6.0% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with JoulWatt Technology.

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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.