Shanghai Bright Power Semiconductor Full Year 2024 Earnings: Misses Expectations

Shanghai Bright Power Semiconductor (SHSE:688368) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥1.50b (up 15% from FY 2023).
• Net loss: CN¥33.1m (loss narrowed by 64% from FY 2023).
• CN¥0.38 loss per share (improved from CN¥1.04 loss in FY 2023).

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

Shanghai Bright Power Semiconductor Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

The company's shares are up 2.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Shanghai Bright Power Semiconductor you should be aware of.

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