Zhejiang Chengchang Technology Third Quarter 2024 Earnings: CN¥0.036 loss per share (vs CN¥0.06 loss in 3Q 2023)

Zhejiang Chengchang Technology (SZSE:001270) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥28.6m (up 413% from 3Q 2023).
• Net loss: CN¥7.25m (loss narrowed by 41% from 3Q 2023).
• CN¥0.036 loss per share (improved from CN¥0.06 loss in 3Q 2023).

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

Zhejiang Chengchang Technology Earnings Insights

Looking ahead, revenue is forecast to grow 40% 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.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Zhejiang Chengchang Technology's balance sheet health.

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