- China
- /
- Electronic Equipment and Components
- /
- SZSE:002389
Aerospace CH UAVLtd Third Quarter 2024 Earnings: CN¥0.06 loss per share (vs CN¥0.029 profit in 3Q 2023)
Aerospace CH UAVLtd (SZSE:002389) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥271.2m (down 53% from 3Q 2023).
- Net loss: CN¥59.8m (down by 315% from CN¥27.8m profit in 3Q 2023).
- CN¥0.06 loss per share (down from CN¥0.029 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aerospace CH UAVLtd Earnings Insights
Looking ahead, revenue is forecast to grow 29% 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 down 4.9% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Aerospace CH UAVLtd that you need to be mindful of.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About SZSE:002389
Aerospace CH UAVLtd
Engages in the research and development, designing, manufacturing, testing, sales, and service of drones and its onboard mission equipment.
Flawless balance sheet with high growth potential.