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- SZSE:002036
LianChuang Electronic TechnologyLtd Second Quarter 2024 Earnings: EPS: CN¥0.004 (vs CN¥0.092 loss in 2Q 2023)
LianChuang Electronic TechnologyLtd (SZSE:002036) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥2.47b (up 10% from 2Q 2023).
- Net income: CN¥3.97m (up from CN¥102.0m loss in 2Q 2023).
- Profit margin: 0.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
- EPS: CN¥0.004 (up from CN¥0.092 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LianChuang Electronic TechnologyLtd Earnings Insights
Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 17% 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
Before we wrap up, we've discovered 1 warning sign for LianChuang Electronic TechnologyLtd that you should be aware of.
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About SZSE:002036
LianChuang Electronic TechnologyLtd
Engages in the research and development, production, and sale of optics and optoelectronics in China and internationally.
Fair value with moderate growth potential.