Shenzhen Absen OptoelectronicLtd Third Quarter 2024 Earnings: EPS: CN¥0.079 (vs CN¥0.21 in 3Q 2023)

Simply Wall St · 10/18 22:43

Shenzhen Absen OptoelectronicLtd (SZSE:300389) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥919.8m (down 2.7% from 3Q 2023).
  • Net income: CN¥28.9m (down 62% from 3Q 2023).
  • Profit margin: 3.1% (down from 8.1% in 3Q 2023). The decrease in margin was primarily driven by lower revenue.
  • EPS: CN¥0.079 (down from CN¥0.21 in 3Q 2023).
earnings-and-revenue-history
SZSE:300389 Earnings and Revenue History October 18th 2024

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

Shenzhen Absen OptoelectronicLtd shares are up 2.9% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for Shenzhen Absen OptoelectronicLtd (of which 1 doesn't sit too well with us!) you should know about.