Wuxi DK Electronic MaterialsLtd Full Year 2024 Earnings: EPS Misses Expectations

Wuxi DK Electronic MaterialsLtd (SZSE:300842) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥15.4b (up 60% from FY 2023).
• Net income: CN¥360.0m (down 6.7% from FY 2023).
• Profit margin: 2.3% (down from 4.0% in FY 2023).
• EPS: CN¥2.56 (down from CN¥2.75 in FY 2023).

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

Wuxi DK Electronic MaterialsLtd EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 38%.

Looking ahead, revenue is forecast to grow 19% 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 up 8.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Wuxi DK Electronic MaterialsLtd you should be aware of.

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