Yangtze Optical Electronic Third Quarter 2024 Earnings: CN¥0.14 loss per share (vs CN¥0.067 loss in 3Q 2023)

Yangtze Optical Electronic (SHSE:688143) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥46.5m (up 57% from 3Q 2023).
• Net loss: CN¥18.9m (loss widened by 57% from 3Q 2023).
• CN¥0.14 loss per share (further deteriorated from CN¥0.067 loss in 3Q 2023).

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

Yangtze Optical Electronic Earnings Insights

Looking ahead, revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China.

Performance of the Chinese Communications industry.

The company's shares are down 4.3% from a week ago.

Risk Analysis

Be aware that Yangtze Optical Electronic is showing 3 warning signs in our investment analysis and 1 of those is a bit unpleasant...

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