Nanjing Wavelength Opto-Electronic Science & TechnologyLtd Third Quarter 2024 Earnings: EPS: CN¥0.017 (vs CN¥0.083 in 3Q 2023)

Nanjing Wavelength Opto-Electronic Science & TechnologyLtd (SZSE:301421) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥87.4m (up 11% from 3Q 2023).
• Net income: CN¥2.02m (down 75% from 3Q 2023).
• Profit margin: 2.3% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.017 (down from CN¥0.083 in 3Q 2023).

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

Nanjing Wavelength Opto-Electronic Science & TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 26% 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 5.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Nanjing Wavelength Opto-Electronic Science & TechnologyLtd has 3 warning signs (and 2 which make us uncomfortable) we think you should know about.

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