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- SHSE:688375
Guobo Electronics Third Quarter 2024 Earnings: EPS: CN¥0.10 (vs CN¥0.24 in 3Q 2023)
Guobo Electronics (SHSE:688375) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥511.0m (down 44% from 3Q 2023).
- Net income: CN¥61.9m (down 56% from 3Q 2023).
- Profit margin: 12% (down from 16% in 3Q 2023). The decrease in margin was driven by lower revenue.
- EPS: CN¥0.10 (down from CN¥0.24 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Guobo Electronics Earnings Insights
Looking ahead, revenue is forecast to grow 28% 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 down 7.8% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Guobo Electronics that you need to take into consideration.
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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:688375
Guobo Electronics
Engages in the research and development, production, and sale of active phased array transmitter and receiver components and radio frequency integrated circuit related products in China.
Flawless balance sheet with high growth potential.