Shanghai New Vision Microelectronics Third Quarter 2024 Earnings: EPS: CN¥0.021 (vs CN¥0.006 loss in 3Q 2023)

Date:

Shanghai New Vision Microelectronics (SHSE:688593) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥111.9m (down 15% from 3Q 2023).
  • Net income: CN¥6.79m (up from CN¥2.69m loss in 3Q 2023).
  • Profit margin: 6.1% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses.
  • EPS: CN¥0.021 (up from CN¥0.006 loss in 3Q 2023).
SHSE:688593 Earnings and Revenue History October 20th 2024

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

Shanghai New Vision Microelectronics shares are up 35% from a week ago.

Risk Analysis

You still need to take note of risks, for example – Shanghai New Vision Microelectronics has 2 warning signs we think you should be aware of.

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