MEMSensing Microsystems (Suzhou China) Third Quarter 2024 Earnings: CN¥0.24 loss per share (vs CN¥0.54 loss in 3Q 2023)

MEMSensing Microsystems (Suzhou China) (SHSE:688286) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥131.0m (up 27% from 3Q 2023).
• Net loss: CN¥12.9m (loss narrowed by 55% from 3Q 2023).
• CN¥0.24 loss per share (improved from CN¥0.54 loss in 3Q 2023).

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

MEMSensing Microsystems (Suzhou China) Earnings Insights

Looking ahead, revenue is forecast to grow 27% 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 4.7% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for MEMSensing Microsystems (Suzhou China) (1 makes us a bit uncomfortable!) that you should be aware of before investing here.

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