Beijing Kaiwen Education Technology Third Quarter 2024 Earnings: CN¥0.019 loss per share (vs CN¥0.009 loss in 3Q 2023)

Beijing Kaiwen Education Technology (SZSE:002659) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥73.2m (up 16% from 3Q 2023).
• Net loss: CN¥12.3m (loss widened by 125% from 3Q 2023).
• CN¥0.019 loss per share (further deteriorated from CN¥0.009 loss in 3Q 2023).

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

Beijing Kaiwen Education Technology Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Consumer Services industry in China.

Performance of the Chinese Consumer Services industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Beijing Kaiwen Education Technology's balance sheet and an in-depth analysis of the company's financial position.

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