TAIWAN CHELIC Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
TAIWAN CHELIC (TWSE:4555) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$391.0m (up 26% from 3Q 2023).
- Net loss: NT$54.8m (loss widened by 190% from 3Q 2023).
- NT$0.78 loss per share (further deteriorated from NT$0.27 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TAIWAN CHELIC Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 7.1%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in Taiwan.
Performance of the Taiwanese Machinery industry.
The company's shares are down 10% 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 TAIWAN CHELIC that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if TAIWAN CHELIC 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:4555
TAIWAN CHELIC
Engages in the manufacture and sale of pneumatic and electric actuator automation components in Taiwan and internationally.
Excellent balance sheet with moderate growth potential.