Shenzhen Techwinsemi Technology Second Quarter 2024 Earnings: EPS: CN¥1.06 (vs CN¥0.56 loss in 2Q 2023)

Simply Wall St · 09/01 01:58

Shenzhen Techwinsemi Technology (SZSE:001309) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥1.37b (up 373% from 2Q 2023).
  • Net income: CN¥192.2m (up from CN¥35.6m loss in 2Q 2023).
  • Profit margin: 14% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
  • EPS: CN¥1.06 (up from CN¥0.56 loss in 2Q 2023).
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SZSE:001309 Earnings and Revenue Growth September 1st 2024

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

Shenzhen Techwinsemi Technology Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

The company's shares are up 7.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Shenzhen Techwinsemi Technology has 2 warning signs we think you should be aware of.