Stock Analysis
Chieftek Precision First Quarter 2024 Earnings: EPS: NT$0.41 (vs NT$0.43 in 1Q 2023)
Chieftek Precision (TWSE:1597) First Quarter 2024 Results
Key Financial Results
- Revenue: NT$254.0m (down 17% from 1Q 2023).
- Net income: NT$35.8m (down 3.6% from 1Q 2023).
- Profit margin: 14% (up from 12% in 1Q 2023). The increase in margin was driven by lower expenses.
- EPS: NT$0.41 (down from NT$0.43 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Chieftek Precision shares are down 3.8% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Chieftek Precision (at least 1 which makes us a bit uncomfortable), and understanding them should be part of your investment process.
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About TWSE:1597
Chieftek Precision
Engages in the research and development, manufacturing, and sale of linear motion components in Taiwan, the United States, Europe, and Asia.
Adequate balance sheet unattractive dividend payer.