DongGuan YuTong Optical TechnologyLtd Third Quarter 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.045 in 3Q 2023)

DongGuan YuTong Optical TechnologyLtd (SZSE:300790) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥744.8m (up 33% from 3Q 2023).
• Net income: CN¥48.8m (up 235% from 3Q 2023).
• Profit margin: 6.5% (up from 2.6% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.15 (up from CN¥0.045 in 3Q 2023).

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

DongGuan YuTong Optical TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 11% 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 down 6.1% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for DongGuan YuTong Optical TechnologyLtd (1 is potentially serious) you should be aware of.

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