Stock Analysis
- Taiwan
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- Electronic Equipment and Components
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- TWSE:4958
Zhen Ding Technology Holding First Quarter 2024 Earnings: Beats Expectations
Zhen Ding Technology Holding (TWSE:4958) First Quarter 2024 Results
Key Financial Results
- Revenue: NT$32.5b (up 3.1% from 1Q 2023).
- Net income: NT$977.4m (up 94% from 1Q 2023).
- Profit margin: 3.0% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue.
- EPS: NT$1.03 (up from NT$0.53 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhen Ding Technology Holding Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 37%.
Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Taiwan.
Performance of the Taiwanese Electronic industry.
The company's shares are up 3.9% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Zhen Ding Technology Holding that you need to take into consideration.
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About TWSE:4958
Zhen Ding Technology Holding
Manufactures and sells various printed circuit board (PCB) products in the United States, Mainland China, Taiwan, Singapore, and internationally.
Excellent balance sheet average dividend payer.