Shenzhen Fastprint Circuit Tech (002436) Q3 2024 earnings summary

Executive summary

• Revenue for Q3 2024 reached ¥1.47 billion, up 3.36% year-over-year; year-to-date revenue was ¥4.35 billion, up 9.10% year-over-year.

• Net loss attributable to shareholders was ¥31.60 million for the first nine months, a decrease of 116.59% year-over-year.

• Operating cash flow for the first nine months was ¥129.28 million, up 306.31% year-over-year.

Financial highlights

• Gross margin and operating profit declined, with net profit turning negative compared to the same period last year.

• Basic and diluted EPS for the first nine months were both -¥0.02, down 118.18% year-over-year.

• Total assets at quarter-end were ¥14.79 billion, down 0.97% from year-end 2023.

• Shareholders’ equity decreased by 4.37% to ¥5.10 billion since year-end 2023.

Outlook and guidance

• No explicit forward-looking guidance provided, but management actions indicate focus on liquidity and capital structure optimization.