Shenzhen Kingdom Sci-Tech Second Quarter 2024 Earnings: CN¥0.001 loss per share (vs CN¥0.13 profit in 2Q 2023)
Shenzhen Kingdom Sci-Tech (SHSE:600446) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.26b (down 14% from 2Q 2023).
- Net loss: CN¥1.27m (down by 101% from CN¥124.1m profit in 2Q 2023).
- CN¥0.001 loss per share (down from CN¥0.13 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shenzhen Kingdom Sci-Tech Earnings Insights
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China.
Performance of the Chinese Software industry.
The company's shares are down 2.7% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Shenzhen Kingdom Sci-Tech has 1 warning sign we think you should be aware of.
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About SHSE:600446
Flawless balance sheet and good value.