Wuxi Chipown Micro-electronics Full Year 2024 Earnings: EPS: CN¥0.87 (vs CN¥0.50 in FY 2023)

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).

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 17% 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 5.2% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Wuxi Chipown Micro-electronics' balance sheet and an in-depth analysis of the company's financial position.

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