Stock Analysis

Transwarp Technology (Shanghai)Ltd Third Quarter 2024 Earnings: CN¥0.84 loss per share (vs CN¥0.65 loss in 3Q 2023)

SHSE:688031
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Transwarp Technology (Shanghai)Ltd (SHSE:688031) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥69.4m (down 18% from 3Q 2023).
  • Net loss: CN¥101.7m (loss widened by 28% from 3Q 2023).
  • CN¥0.84 loss per share (further deteriorated from CN¥0.65 loss in 3Q 2023).
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SHSE:688031 Earnings and Revenue Growth October 31st 2024

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

Transwarp Technology (Shanghai)Ltd Earnings Insights

Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China.

Performance of the Chinese Software industry.

The company's shares are down 6.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Transwarp Technology (Shanghai)Ltd (1 is a bit unpleasant!) that we have uncovered.

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

Discover if Transwarp Technology (Shanghai)Ltd 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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About SHSE:688031

Transwarp Technology (Shanghai)Ltd

Provides software and information technology services for data integration, storage, governance, modeling, analysis, mining, and circulation in China and internationally.

Excellent balance sheet with limited growth.