Beijing Infosec TechnologiesLtd Third Quarter 2024 Earnings: CN¥0.05 loss per share (vs CN¥0.048 profit in 3Q 2023)

Simply Wall St

October 31, 2024

Beijing Infosec TechnologiesLtd (SHSE:688201) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥114.5m (down 31% from 3Q 2023).
Net loss: CN¥15.6m (down by 200% from CN¥15.5m profit in 3Q 2023).
CN¥0.05 loss per share (down from CN¥0.048 profit in 3Q 2023).

earnings-and-revenue-growth — SHSE:688201 Earnings and Revenue Growth October 31st 2024

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

Beijing Infosec TechnologiesLtd Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 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 1.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Beijing Infosec TechnologiesLtd you should be aware of.

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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.