Great Microwave Technology Full Year 2024 Earnings: Misses Expectations

Simply Wall St

March 31, 2025

Great Microwave Technology (SHSE:688270) Full Year 2024 Results

Key Financial Results

Revenue: CN¥303.4m (up 8.0% from FY 2023).
Net income: CN¥17.8m (down 75% from FY 2023).
Profit margin: 5.9% (down from 26% in FY 2023).
EPS: CN¥0.08 (down from CN¥0.34 in FY 2023).

earnings-and-revenue-growth — SHSE:688270 Earnings and Revenue Growth March 31st 2025

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

Great Microwave Technology Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 81%.

Looking ahead, revenue is forecast to grow 32% 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 4.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Great Microwave Technology (1 shouldn't be ignored!) that we have uncovered.

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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.