Global PMX (TWSE:4551) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$1.86b (flat on 2Q 2023).
- Net income: NT$170.1m (up 29% from 2Q 2023).
- Profit margin: 9.2% (up from 7.2% in 2Q 2023).
- EPS: NT$1.48 (up from NT$1.15 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Global PMX EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 38%.
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Auto Components industry in Taiwan.
Performance of the Taiwanese Auto Components industry.
The company's shares are up 19% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Global PMX that you need to be mindful of.
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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.
About TWSE:4551
Global PMX
Manufactures, processes, and sells precision metal components for automotive products, hard disk drives, medical equipment, and various industrial products primarily in the United States, China, Germany, France, Italy, and Japan.
Flawless balance sheet and good value.