Stock Analysis

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

Published
SZSE:301421

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).
SZSE:301421 Earnings and Revenue Growth October 31st 2024

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.

Valuation is complex, but we're here to simplify it.

Discover if Nanjing Wavelength Opto-Electronic Science & TechnologyLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

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.