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Impressive Earnings May Not Tell The Whole Story For Amlogic (Shanghai)Ltd (SHSE:688099)
Jingchen Co., Ltd.: Jingchen Stock Report for the Third Quarter of 2024
Jingchen Co., Ltd. 2024 Third Quarter Report
amlogic's net profit in the first three quarters increased by nearly ninety percent, and the South 500etf newly entered the top ten largest shareholders.
①Amlogic's financial report shows that the company achieved a revenue of 4.64 billion yuan in the first three quarters of this year, a year-on-year increase of 20.28%, and a net income attributable to the parent company's year-on-year increase of 89.26%; ②In the first three quarters of this year, Amlogic's T series sales revenue increased by over 50% year-on-year, and the W series products broke into the domestic carrier market for the first time this year, with expected shipments exceeding 10 million units for the whole year.
At CN¥72.36, Is Amlogic (Shanghai) Co.,Ltd. (SHSE:688099) Worth Looking At Closely?
Jingchen Co., Ltd.: Voluntary disclosure announcement on the results forecast for the first three quarters of 2024 of Jingchen Co., Ltd.
Bearish: Analysts Just Cut Their Amlogic (Shanghai) Co.,Ltd. (SHSE:688099) Revenue and EPS EstimatesNo Data
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