Hi-Trend Technology (Shanghai) Third Quarter 2024 Earnings: EPS: CN¥0.13 (vs CN¥0.32 in 3Q 2023)

Hi-Trend Technology (Shanghai) (SHSE:688391) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥142.2m (down 16% from 3Q 2023).
• Net income: CN¥15.3m (down 60% from 3Q 2023).
• Profit margin: 11% (down from 22% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.13 (down from CN¥0.32 in 3Q 2023).

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

Hi-Trend Technology (Shanghai) shares are down 2.6% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Hi-Trend Technology (Shanghai) that you should be aware of.

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