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Shenzhen Neoway TechnologyLtd Third Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.009 in 3Q 2023)
Shenzhen Neoway TechnologyLtd (SHSE:688159) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥806.0m (up 179% from 3Q 2023).
- Net income: CN¥13.7m (up by CN¥12.9m from 3Q 2023).
- Profit margin: 1.7% (up from 0.3% in 3Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.14 (up from CN¥0.009 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shenzhen Neoway TechnologyLtd shares are down 8.8% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Shenzhen Neoway TechnologyLtd (1 shouldn't be ignored!) that you should be aware of before investing here.
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About SHSE:688159
Shenzhen Neoway TechnologyLtd
Engages in the research and development, production, and sale of communications products and related services for Industrial Internet of Things (IoT) primarily in China.
Adequate balance sheet and slightly overvalued.