Wuxi Chipown Micro-electronics Full Year 2024 Earnings: Beats Expectations

Simply Wall St

March 31, 2025

Wuxi Chipown Micro-electronics (SHSE:688508) Full Year 2024 Results

Key Financial Results

Revenue: CN¥964.6m (up 24% from FY 2023).
Net income: CN¥111.3m (up 87% from FY 2023).
Profit margin: 12% (up from 7.6% in FY 2023). The increase in margin was driven by higher revenue.
EPS: CN¥0.87 (up from CN¥0.50 in FY 2023).

earnings-and-revenue-growth — SHSE:688508 Earnings and Revenue Growth March 31st 2025

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

Wuxi Chipown Micro-electronics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.6%.

Looking ahead, revenue is forecast to grow 19% 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 share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Wuxi Chipown Micro-electronics that you need to take into consideration.

If you're looking to trade Wuxi Chipown Micro-electronics, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.

With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.

Valuation is complex, but we're here to simplify it.

Discover if Wuxi Chipown Micro-electronics might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have 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.