- Taiwan
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- Auto Components
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- TWSE:2497
E-Lead Electronic Second Quarter 2024 Earnings: EPS: NT$0.72 (vs NT$0.37 in 2Q 2023)
E-Lead Electronic (TWSE:2497) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$1.13b (up 32% from 2Q 2023).
- Net income: NT$88.7m (up 98% from 2Q 2023).
- Profit margin: 7.8% (up from 5.3% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: NT$0.72 (up from NT$0.37 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
E-Lead Electronic Earnings Insights
Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Auto Components industry in Taiwan.
Performance of the Taiwanese Auto Components industry.
The company's shares are down 7.2% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on E-Lead Electronic's balance sheet.
Valuation is complex, but we're here to simplify it.
Discover if E-Lead Electronic might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About TWSE:2497
E-Lead Electronic
Designs and manufactures electronics devices for automotive industry in Taiwan and internationally.
Flawless balance sheet and slightly overvalued.