Leyard Optoelectronic Third Quarter 2024 Earnings: EPS: CN¥0.021 (vs CN¥0.048 in 3Q 2023)

Leyard Optoelectronic (SZSE:300296) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.83b (down 8.6% from 3Q 2023).
• Net income: CN¥53.2m (down 57% from 3Q 2023).
• Profit margin: 2.9% (down from 6.1% in 3Q 2023).
• EPS: CN¥0.021 (down from CN¥0.048 in 3Q 2023).

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

Leyard Optoelectronic Earnings Insights

Looking ahead, revenue is forecast to grow 17% 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 5.2% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Leyard Optoelectronic, and understanding these should be part of your investment process.

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