Stock Analysis

DuoLun Technology Third Quarter 2024 Earnings: EPS: CN¥0.031 (vs CN¥0.012 loss in 3Q 2023)

SHSE:603528
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DuoLun Technology (SHSE:603528) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥110.0m (down 20% from 3Q 2023).
  • Net income: CN¥22.1m (up from CN¥7.24m loss in 3Q 2023).
  • Profit margin: 20% (up from net loss in 3Q 2023).
  • EPS: CN¥0.031 (up from CN¥0.012 loss in 3Q 2023).
earnings-and-revenue-growth
SHSE:603528 Earnings and Revenue Growth November 1st 2024

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

DuoLun Technology Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.

Performance of the Chinese Electronic industry.

The company's shares are up 8.9% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with DuoLun Technology, and understanding it should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.