Beijing Jingyi Automation Equipment Third Quarter 2024 Earnings: EPS: CN¥0.30 (vs CN¥0.31 in 3Q 2023)

Beijing Jingyi Automation Equipment (SHSE:688652) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥267.0m (up 53% from 3Q 2023).
• Net income: CN¥50.0m (up 30% from 3Q 2023).
• Profit margin: 19% (down from 22% in 3Q 2023).
• EPS: CN¥0.30.

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

Beijing Jingyi Automation Equipment Earnings Insights

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 24% 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

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Beijing Jingyi Automation Equipment (at least 1 which is significant), and understanding them should be part of your investment process.

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