Beijing InHand Networks Technology Third Quarter 2024 Earnings: EPS: CN¥0.40 (vs CN¥0.31 in 3Q 2023)

Simply Wall St · 10/26 00:27

Beijing InHand Networks Technology (SHSE:688080) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥147.3m (up 28% from 3Q 2023).
  • Net income: CN¥29.9m (up 37% from 3Q 2023).
  • Profit margin: 20% (up from 19% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥0.40 (up from CN¥0.31 in 3Q 2023).
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SHSE:688080 Earnings and Revenue Growth October 26th 2024

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

Beijing InHand Networks Technology Earnings Insights

Looking ahead, revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China.

Performance of the Chinese Communications industry.

The company's shares are up 6.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Beijing InHand Networks Technology that you should be aware of.