Wuhan Guide Infrared Third Quarter 2024 Earnings: EPS: CN¥0.008 (vs CN¥0.018 in 3Q 2023)

Wuhan Guide Infrared (SZSE:002414) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥662.7m (up 19% from 3Q 2023).
• Net income: CN¥32.2m (down 59% from 3Q 2023).
• Profit margin: 4.9% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.008 (down from CN¥0.018 in 3Q 2023).

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

Wuhan Guide Infrared Earnings Insights

Looking ahead, revenue is forecast to grow 24% 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 5.1% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Wuhan Guide Infrared's balance sheet health.

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