Hangzhou Changchuan TechnologyLtd Third Quarter 2024 Earnings: EPS: CN¥0.23 (vs CN¥0.031 loss in 3Q 2023)

Simply Wall St · 10/25 23:56

Hangzhou Changchuan TechnologyLtd (SZSE:300604) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥1.01b (up 125% from 3Q 2023).
  • Net income: CN¥142.5m (up from CN¥19.2m loss in 3Q 2023).
  • Profit margin: 14% (up from net loss in 3Q 2023).
  • EPS: CN¥0.23 (up from CN¥0.031 loss in 3Q 2023).
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SZSE:300604 Earnings and Revenue Growth October 25th 2024

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

Hangzhou Changchuan TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Hangzhou Changchuan TechnologyLtd that you should be aware of.