Jilin OLED Material Tech Full Year 2024 Earnings: EPS: CN¥0.43 (vs CN¥0.60 in FY 2023)

Jilin OLED Material Tech (SHSE:688378) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥532.8m (up 3.0% from FY 2023).
• Net income: CN¥90.2m (down 26% from FY 2023).
• Profit margin: 17% (down from 24% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.43 (down from CN¥0.60 in FY 2023).

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

Jilin OLED Material Tech Earnings Insights

Looking ahead, revenue is forecast to grow 46% 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 up 2.6% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Jilin OLED Material Tech, and understanding it should be part of your investment process.

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