Nanjing Bestway Intelligent Control Technology Third Quarter 2024 Earnings: EPS: CN¥0.44 (vs CN¥0.48 in 3Q 2023)

Simply Wall St · 10/18 23:15

Nanjing Bestway Intelligent Control Technology (SZSE:301195) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥315.8m (up 11% from 3Q 2023).
  • Net income: CN¥57.2m (down 10.0% from 3Q 2023).
  • Profit margin: 18% (down from 22% in 3Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.44 (down from CN¥0.48 in 3Q 2023).
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SZSE:301195 Earnings and Revenue Growth October 18th 2024

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

Nanjing Bestway Intelligent Control Technology Earnings Insights

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 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 5.5% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Nanjing Bestway Intelligent Control Technology that you should be aware of.