Hocheng Third Quarter 2024 Earnings: EPS: NT$0.16 (vs NT$0.044 loss in 3Q 2023)
Hocheng (TWSE:1810) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$1.16b (down 3.8% from 3Q 2023).
- Net income: NT$48.2m (up from NT$13.3m loss in 3Q 2023).
- Profit margin: 4.1% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses.
- EPS: NT$0.16 (up from NT$0.044 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hocheng's share price is broadly unchanged 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. See our latest analysis on Hocheng's balance sheet health.
Valuation is complex, but we're here to simplify it.
Discover if Hocheng 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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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:1810
Excellent balance sheet with acceptable track record.
