Hanwei Electronics Group Third Quarter 2024 Earnings: EPS: CN¥0.08 (vs CN¥0.14 in 3Q 2023)

Hanwei Electronics Group (SZSE:300007) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥456.0m (up 1.7% from 3Q 2023).
• Net income: CN¥28.2m (down 38% from 3Q 2023).
• Profit margin: 6.2% (down from 10% in 3Q 2023).
• EPS: CN¥0.08 (down from CN¥0.14 in 3Q 2023).

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

Hanwei Electronics Group Earnings Insights

Looking ahead, revenue is forecast to grow 10.0% 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 2.3% from a week ago.

Risk Analysis

Be aware that Hanwei Electronics Group is showing 3 warning signs in our investment analysis that you should know about...

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