Stock Analysis
- China
- /
- Semiconductors
- /
- SHSE:688508
Wuxi Chipown Micro-electronics First Quarter 2024 Earnings: EPS: CN¥0.18 (vs CN¥0.18 in 1Q 2023)
Wuxi Chipown Micro-electronics (SHSE:688508) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥203.3m (up 8.7% from 1Q 2023).
- Net income: CN¥23.8m (up 16% from 1Q 2023).
- Profit margin: 12% (in line with 1Q 2023).
- EPS: CN¥0.18 (in line with 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Wuxi Chipown Micro-electronics Earnings Insights
Looking ahead, revenue is forecast to grow 21% 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 up 12% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Wuxi Chipown Micro-electronics that you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Wuxi Chipown Micro-electronics is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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:688508
Wuxi Chipown Micro-electronics
Engages in the research and development, design, and supply of analog and mixed signal integrated circuits (ICs) in China.
High growth potential with adequate balance sheet.