Aoshikang Technology Third Quarter 2024 Earnings: EPS: CN¥0.18 (vs CN¥0.51 in 3Q 2023)

Aoshikang Technology (SZSE:002913) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.16b (down 1.9% from 3Q 2023).
• Net income: CN¥56.4m (down 65% from 3Q 2023).
• Profit margin: 4.9% (down from 14% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.
• EPS: CN¥0.18 (down from CN¥0.51 in 3Q 2023).

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

Aoshikang Technology Earnings Insights

Looking ahead, revenue is forecast to grow 19% 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 11% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Aoshikang Technology's balance sheet.

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