Stock Analysis

Beijing Zhidemai Technology Third Quarter 2024 Earnings: CN¥0.021 loss per share (vs CN¥0.07 loss in 3Q 2023)

SZSE:300785
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Beijing Zhidemai Technology (SZSE:300785) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥296.4m (up 5.2% from 3Q 2023).
  • Net loss: CN¥3.85m (loss narrowed by 73% from 3Q 2023).
  • CN¥0.021 loss per share (improved from CN¥0.07 loss in 3Q 2023).
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SZSE:300785 Earnings and Revenue Growth October 31st 2024

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

Beijing Zhidemai Technology Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in Asia.

Performance of the market in China.

The company's shares are down 6.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Beijing Zhidemai Technology has 1 warning sign we think you should be aware of.

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

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

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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.