Stock Analysis

QITIAN Technology Group Second Quarter 2024 Earnings: CN¥0.011 loss per share (vs CN¥0.019 loss in 2Q 2023)

Published
SZSE:300061

QITIAN Technology Group (SZSE:300061) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥167.9m (down 26% from 2Q 2023).
  • Net loss: CN¥9.04m (loss narrowed by 50% from 2Q 2023).
  • CN¥0.011 loss per share (improved from CN¥0.019 loss in 2Q 2023).
SZSE:300061 Earnings and Revenue History August 15th 2024

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

QITIAN Technology Group shares are down 3.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for QITIAN Technology Group that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if QITIAN Technology Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.