Guangzhou Doppler Electronic Technologies Second Quarter 2024 Earnings: EPS: CN¥0.33 (vs CN¥0.69 in 2Q 2023)

Simply Wall St · 08/30 23:17

Guangzhou Doppler Electronic Technologies (SZSE:301528) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥34.1m (down 48% from 2Q 2023).
  • Net income: CN¥20.6m (down 35% from 2Q 2023).
  • Profit margin: 60% (up from 48% in 2Q 2023).
  • EPS: CN¥0.33 (down from CN¥0.69 in 2Q 2023).
earnings-and-revenue-history
SZSE:301528 Earnings and Revenue History August 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Guangzhou Doppler Electronic Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 62% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China.

Performance of the Chinese Electronic industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Guangzhou Doppler Electronic Technologies, and understanding them should be part of your investment process.