Allwinnertech TechnologyLtd First Quarter 2024 Earnings: EPS: CN¥0.08 (vs CN¥0.07 loss in 1Q 2023)

Allwinnertech TechnologyLtd (SZSE:300458) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥409.5m (up 72% from 1Q 2023).
• Net income: CN¥49.1m (up from CN¥41.5m loss in 1Q 2023).
• Profit margin: 12% (up from net loss in 1Q 2023).
• EPS: CN¥0.08 (up from CN¥0.07 loss in 1Q 2023).

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

Allwinnertech TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

The company's shares are up 2.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Allwinnertech TechnologyLtd that we have uncovered.

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