Yinghe Technology's Q3 2024 Financial Report: Net Profit Of 158 Million Yuan, A Year-on-year Decrease Of 25.89%

Yinghe Technology's Q3 2024 financial report: Net profit of 158 million yuan, a year-on-year decrease of 25.89%

Yinghe Technology recently released its Q3 2024 financial report, achieving a revenue of 2.051 billion yuan, a year-on-year decrease of 23.91% and a month on month decrease of about 20%.

Recently, Shenzhen Yinghe Technology Co., Ltd. (hereinafter referred to as "Yinghe Technology", stock code: 300457) released its financial report for the third quarter of 2024. According to financial report data, Yinghe Technology achieved a revenue of 2.051 billion yuan in the third quarter, a year-on-year decrease of 23.91% and a month on month decrease of about 20%; The net profit attributable to the parent company was 158 million yuan, a year-on-year decrease of 25.89% and a month on month decrease of 12.22%.

For the first three quarters of 2024, Winhe Technology achieved a revenue of 6.478 billion yuan, a year-on-year decrease of 13.59%; The net profit attributable to the parent company was 496 million yuan, a year-on-year decrease of 2.93%.

Yinghe Technology Q3 Financial Report | Source: Yinghe Technology

By comparing the performance reports of Yinghe Technology in the first three quarters of 2024, it was found that the net profit attributable to the parent company in the first quarter of this year was the same as that in the third quarter, both at 158 million yuan. However, there was a difference in operating income between the two quarters. The operating income in the first quarter was 1.866 billion yuan, while there was a slight increase in the third quarter, with an operating income of 2.051 billion yuan.