Stock Analysis

Accelink Technologies CoLtd Third Quarter 2024 Earnings: EPS: CN¥0.33 (vs CN¥0.30 in 3Q 2023)

Published
SZSE:002281

Accelink Technologies CoLtd (SZSE:002281) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥2.27b (up 50% from 3Q 2023).
  • Net income: CN¥255.3m (up 46% from 3Q 2023).
  • Profit margin: 11% (in line with 3Q 2023).
  • EPS: CN¥0.33 (up from CN¥0.30 in 3Q 2023).
SZSE:002281 Earnings and Revenue Growth November 1st 2024

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

Accelink Technologies CoLtd Earnings Insights

Looking ahead, revenue is forecast to grow 23% 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 23% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Accelink Technologies CoLtd you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.