Beijing Bayi Space LCD TechnologyLtd Third Quarter 2024 Earnings: EPS: CN¥0.089 (vs CN¥0.32 in 3Q 2023)

Beijing Bayi Space LCD TechnologyLtd (SHSE:688181) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥173.0m (down 21% from 3Q 2023).
• Net income: CN¥11.9m (down 72% from 3Q 2023).
• Profit margin: 6.9% (down from 19% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.089 (down from CN¥0.32 in 3Q 2023).

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

Beijing Bayi Space LCD TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 29% 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 down 3.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Beijing Bayi Space LCD TechnologyLtd you should be aware of, and 1 of them is a bit unpleasant.

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