Stock Analysis
- China
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- Electronic Equipment and Components
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- SHSE:688627
Shenzhen SEICHI Technologies First Quarter 2024 Earnings: CN¥0.15 loss per share (vs CN¥0.048 loss in 1Q 2023)
Shenzhen SEICHI Technologies (SHSE:688627) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥83.0m (up 62% from 1Q 2023).
- Net loss: CN¥14.4m (loss widened by 322% from 1Q 2023).
- CN¥0.15 loss per share (further deteriorated from CN¥0.048 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shenzhen SEICHI Technologies Earnings Insights
Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China.
Performance of the Chinese Electronic industry.
The company's shares are up 8.7% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Shenzhen SEICHI Technologies has 1 warning sign we think you should be aware of.
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About SHSE:688627
Shenzhen SEICHI Technologies
Shenzhen SEICHI Technologies Co., Ltd. engages in the research and development, production, and sale of new display device testing equipment in China.
Flawless balance sheet with proven track record.