Stock Analysis
- China
- /
- Semiconductors
- /
- SHSE:688332
Shenzhen Bluetrum Technology Second Quarter 2024 Earnings: EPS: CN¥0.66 (vs CN¥0.53 in 2Q 2023)
Shenzhen Bluetrum Technology (SHSE:688332) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥428.0m (up 24% from 2Q 2023).
- Net income: CN¥79.8m (up 27% from 2Q 2023).
- Profit margin: 19% (in line with 2Q 2023).
- EPS: CN¥0.66 (up from CN¥0.53 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shenzhen Bluetrum Technology Earnings Insights
Looking ahead, revenue is forecast to grow 26% 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 shares are down 1.5% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Shenzhen Bluetrum Technology you should be aware of, and 1 of them shouldn't be ignored.
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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:688332
Shenzhen Bluetrum Technology
Engages in the research and development, design, and sale of wireless audio SOC chips.