Talant Optronics (Suzhou) Third Quarter 2024 Earnings: EPS: CN¥0.042 (vs CN¥0.07 in 3Q 2023)

Talant Optronics (Suzhou) (SZSE:301045) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥173.0m (up 3.2% from 3Q 2023).
• Net income: CN¥4.90m (down 31% from 3Q 2023).
• Profit margin: 2.8% (down from 4.2% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.042 (down from CN¥0.07 in 3Q 2023).

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

Talant Optronics (Suzhou) Earnings Insights

Looking ahead, revenue is forecast to grow 30% 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 4.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Talant Optronics (Suzhou) (1 is significant) you should be aware of.

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