Telling Telecommunication HoldingLtd First Quarter 2024 Earnings: EPS: CN¥0.016 (vs CN¥0.059 in 1Q 2023)
Telling Telecommunication HoldingLtd (SZSE:000829) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥26.2b (up 15% from 1Q 2023).
- Net income: CN¥15.9m (down 74% from 1Q 2023).
- Profit margin: 0.1% (down from 0.3% in 1Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.016 (down from CN¥0.059 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Telling Telecommunication HoldingLtd Earnings Insights
Looking ahead, revenue is forecast to grow 12% 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 2.3% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we’ve spotted 2 warning signs for Telling Telecommunication HoldingLtd you should be aware of, and 1 of them is a bit concerning.
Valuation is complex, but we’re helping make it simple.
Find out whether Telling Telecommunication HoldingLtd is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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