Stock Analysis
- China
- /
- Communications
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- SZSE:300620
Advanced Fiber Resources (Zhuhai) First Quarter 2024 Earnings: EPS: CN¥0.026 (vs CN¥0.062 in 1Q 2023)
Advanced Fiber Resources (Zhuhai) (SZSE:300620) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥160.2m (up 3.4% from 1Q 2023).
- Net income: CN¥6.49m (down 58% from 1Q 2023).
- Profit margin: 4.1% (down from 10.0% in 1Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.026 (down from CN¥0.062 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Advanced Fiber Resources (Zhuhai) Earnings Insights
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China.
Performance of the Chinese Communications industry.
The company's shares are down 2.1% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Advanced Fiber Resources (Zhuhai) that you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Advanced Fiber Resources (Zhuhai) is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SZSE:300620
Advanced Fiber Resources (Zhuhai)
Advanced Fiber Resources (Zhuhai), Ltd. designs and manufactures passive optical components in China and internationally.
High growth potential with adequate balance sheet.