Henan Shijia Photons Technology Third Quarter 2024 Earnings: EPS: CN¥0.054 (vs CN¥0.022 loss in 3Q 2023)

Henan Shijia Photons Technology (SHSE:688313) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥280.4m (up 33% from 3Q 2023).
• Net income: CN¥24.3m (up from CN¥9.92m loss in 3Q 2023).
• Profit margin: 8.6% (up from net loss in 3Q 2023).
• EPS: CN¥0.054 (up from CN¥0.022 loss in 3Q 2023).

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

Henan Shijia Photons Technology Earnings Insights

Looking ahead, revenue is forecast to grow 17% 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 22% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Henan Shijia Photons Technology, and understanding these should be part of your investment process.

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