Zhejiang ZUCH Technology Third Quarter 2024 Earnings: EPS: CN¥0.37 (vs CN¥0.33 in 3Q 2023)

Zhejiang ZUCH Technology (SZSE:301280) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥342.5m (up 14% from 3Q 2023).
• Net income: CN¥36.3m (up 11% from 3Q 2023).
• Profit margin: 11% (in line with 3Q 2023).
• EPS: CN¥0.37 (up from CN¥0.33 in 3Q 2023).

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

Zhejiang ZUCH Technology Earnings Insights

Looking ahead, revenue is forecast to grow 29% 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 3.7% from a week ago.

Risk Analysis

Be aware that Zhejiang ZUCH Technology is showing 2 warning signs in our investment analysis and 1 of those doesn't sit too well with us...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.