Suzhou HYC TechnologyLtd Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Suzhou HYC TechnologyLtd (SHSE:688001) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥1.82b (down 2.2% from FY 2023).
• Net loss: CN¥487.4m (down by 303% from CN¥239.7m profit in FY 2023).
• CN¥1.10 loss per share (down from CN¥0.54 profit in FY 2023).

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

Suzhou HYC TechnologyLtd Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 32%. Earnings per share (EPS) missed analyst estimates by 1.9%.

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China.

Performance of the Chinese Electronic industry.

The company's shares are down 8.8% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Suzhou HYC TechnologyLtd (including 1 which makes us a bit uncomfortable).

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