Zbit Semiconductor Third Quarter 2024 Earnings: CN¥0.37 loss per share (vs CN¥0.58 loss in 3Q 2023)

Zbit Semiconductor (SHSE:688416) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥86.2m (up 30% from 3Q 2023).
• Net loss: CN¥30.2m (loss narrowed by 37% from 3Q 2023).
• CN¥0.37 loss per share (improved from CN¥0.58 loss in 3Q 2023).

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

Zbit Semiconductor Earnings Insights

Looking ahead, revenue is forecast to grow 39% 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 down 5.9% from a week ago.

Risk Analysis

Be aware that Zbit Semiconductor is showing 1 warning sign in our investment analysis that you should know about...

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