Naruida Technology Third Quarter 2024 Earnings: EPS: CN¥0.078 (vs CN¥0.11 in 3Q 2023)

Naruida Technology (SHSE:688522) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥63.4m (down 9.6% from 3Q 2023).
• Net income: CN¥20.1m (down 8.4% from 3Q 2023).
• Profit margin: 32% (in line with 3Q 2023).
• EPS: CN¥0.078 (down from CN¥0.11 in 3Q 2023).

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

Naruida Technology Earnings Insights

Looking ahead, revenue is forecast to grow 61% 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 share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Naruida Technology (1 can't be ignored!) that you should be aware of before investing here.

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