Kyland Technology (SZSE:300353) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥1.03b (down 12% from FY 2023).
- Net income: CN¥38.6m (down 85% from FY 2023).
- Profit margin: 3.8% (down from 22% in FY 2023). The decrease in margin was primarily driven by lower revenue.
- EPS: CN¥0.06 (down from CN¥0.46 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kyland Technology Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 76%.
Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in China.
Performance of the Chinese Communications industry.
The company's shares are up 4.7% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Kyland Technology.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SZSE:300353
Kyland Technology
Provides industrial Ethernet technology in China and internationally.
High growth potential with excellent balance sheet.