Shenzhen LihexingLtd Third Quarter 2024 Earnings: EPS: CN¥0.007 (vs CN¥0.042 in 3Q 2023)

Shenzhen LihexingLtd (SZSE:301013) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥89.6m (down 27% from 3Q 2023).
• Net income: CN¥1.88m (down 84% from 3Q 2023).
• Profit margin: 2.1% (down from 9.3% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.007 (down from CN¥0.042 in 3Q 2023).

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

Shenzhen LihexingLtd Earnings Insights

Looking ahead, revenue is forecast to grow 39% 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 share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Shenzhen LihexingLtd that we have uncovered.

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