Avary Holding(Shenzhen)Co First Quarter 2024 Earnings: EPS: CN¥0.22 (vs CN¥0.18 in 1Q 2023)

Avary Holding(Shenzhen)Co (SZSE:002938) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥6.69b (flat on 1Q 2023).
• Net income: CN¥497.3m (up 19% from 1Q 2023).
• Profit margin: 7.4% (up from 6.3% in 1Q 2023).
• EPS: CN¥0.22 (up from CN¥0.18 in 1Q 2023).

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

Avary Holding(Shenzhen)Co Earnings Insights

Looking ahead, revenue is forecast to grow 12% 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 shares are up 7.9% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Avary Holding(Shenzhen)Co that we have uncovered.

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