Chengdu Sino-Microelectronics Tech Third Quarter 2024 Earnings: EPS: CN¥0.022 (vs CN¥0.09 in 3Q 2023)

Chengdu Sino-Microelectronics Tech (SHSE:688709) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥143.1m (down 18% from 3Q 2023).
• Net income: CN¥14.7m (down 70% from 3Q 2023).
• Profit margin: 10% (down from 28% in 3Q 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: CN¥0.022 (down from CN¥0.09 in 3Q 2023).

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

Chengdu Sino-Microelectronics Tech Earnings Insights

Looking ahead, revenue is forecast to grow 31% 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 share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Chengdu Sino-Microelectronics Tech (1 is a bit unpleasant!) that we have uncovered.

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