Jones Tech Third Quarter 2024 Earnings: EPS: CN¥0.23 (vs CN¥0.068 in 3Q 2023)

Simply Wall St · 10/25 22:09

Jones Tech (SZSE:300684) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥451.8m (up 47% from 3Q 2023).
  • Net income: CN¥69.4m (up 255% from 3Q 2023).
  • Profit margin: 15% (up from 6.4% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥0.23 (up from CN¥0.068 in 3Q 2023).
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SZSE:300684 Earnings and Revenue Growth October 25th 2024

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

Jones Tech Earnings Insights

Looking ahead, revenue is forecast to grow 28% 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 4.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Jones Tech you should be aware of.