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