China
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Media
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SZSE:301313

Guangzhou Frontop Digital Creative Technology Third Quarter 2024 Earnings: CN¥0.55 loss per share (vs CN¥0.067 loss in 3Q 2023)

Simply Wall St

October 31, 2024

Guangzhou Frontop Digital Creative Technology (SZSE:301313) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥35.7m (down 63% from 3Q 2023).
Net loss: CN¥57.1m (loss widened by CN¥49.9m from 3Q 2023).
CN¥0.55 loss per share (further deteriorated from CN¥0.067 loss in 3Q 2023).

earnings-and-revenue-growth — SZSE:301313 Earnings and Revenue Growth October 31st 2024

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

Guangzhou Frontop Digital Creative Technology Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Media industry in China.

Performance of the Chinese Media industry.

The company's shares are down 5.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Guangzhou Frontop Digital Creative Technology that you need to take into consideration.

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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.