Chaozhou Three-Circle (Group)Ltd Third Quarter 2024 Earnings: EPS: CN¥0.30 (vs CN¥0.22 in 3Q 2023)

Chaozhou Three-Circle (Group)Ltd (SZSE:300408) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.95b (up 32% from 3Q 2023).
• Net income: CN¥577.7m (up 41% from 3Q 2023).
• Profit margin: 30% (up from 28% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.30 (up from CN¥0.22 in 3Q 2023).

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

Chaozhou Three-Circle (Group)Ltd Earnings Insights

Looking ahead, revenue is forecast to grow 18% 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 1.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Chaozhou Three-Circle (Group)Ltd has 1 warning sign we think you should be aware of.

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